21 Indian startups raise nearly $187 million this week

The Indian startup ecosystem raised astir $187 cardinal successful backing this week, that included 4 growth-stage and 13 early-stage deals.

At slightest 21 home startups cumulatively raised $187 cardinal crossed 10 deals betwixt October 21-26. Last week, 39 aboriginal and growth-stage startups had raised astir $450 cardinal successful funding.

This week, Singapore's sovereign wealthiness money Temasek made an further concern of $60 cardinal successful edtech level Upgrad.

Healthtech level Healthify announced the closure of $45 cardinal round, led by existing capitalist Khosla Ventures, and LeapFrog Investments with caller information from Claypond Capital (family bureau of Indian healthcare billionaire Ranjan Pai). This takes Healthify's full superior equity rise to astir $125 cardinal truthful far.

Dairy exertion startup Stellapps Technologies raised $26 cardinal successful bid C backing successful a premix of equity and debt. The circular saw information from existing investors Blume Ventures, Omnivore, Bill and Melinda Gates Foundation, IDH Farmfit Fund, 500 Startups, and Blue Ashva Capital.

D2C bags and luggage marque Zouk raised $10 cardinal successful Series B circular was led by Aavishkaar Capital, and besides saw information from existing investors specified arsenic Stellaris Venture Partners, Titan Capital, Sharrp Ventures and the JJ Family.

Generative AI startup Neysa secured $30 cardinal successful Series A funding, co-led by existing investors NTTVC, Z47 (fka Matrix Partners India) and Nexus Venture Partners. This concern builds connected Neysa's palmy $20 cardinal effect circular earlier this year.

Meanwhile, workplace exertion supplier Oliod secured $6 cardinal led by Yaletown Partners, Exposition Ventures, George Kaiser Family Foundation, and Carya Ventures.

Mumbai-based startups led with 9 deals, followed by Bengaluru, Delhi-NCR, Pune and Chennai.

The mean backing successful the past 8 weeks stands astatine astir $315.51 million.