New Delhi, Dec 21: Indian startups saw a strong jump in funding activity this week, with 30 companies raising a total of $363.9 million across early-stage and growth-stage deals.
This marked a sharp rise compared to the previous week, when 22 startups had raised around $137.68 million.
Growth and late-stage funding dominated the week, crossing the $300 million mark through nine deals.
The biggest raise came from customer engagement platform MoEngage, which secured an additional $180 million as part of its Series F round from ChrysCapital and Dragon Funds, along with Schroders Capital.
This was followed by spacetech startup Digantara, which raised $50 million.
Electric commercial vehicle startup Qucev raised $15 million, while stock market learning platform StockGro secured $13 million.
Other startups such as WorkIndia, Oben Electric, Tagbin, Virohan and Ace Turtle also raised funds during the week.
Early-stage startups raised about $62.4 million through 20 deals. Haircare brand Moxie Beauty raised $15 million in a Series A round led by Bessemer Venture Partners.
Shapewear brand Underneat secured $6 million in a pre-Series A round led by Fireside Ventures. (IANS)
