"Several Indian startups have recently secured significant funding and undergone acquisitions."

This week saw a significant influx of funding for Indian startups, with around $402.34 million raised across 17 ventures. This included 4 deals in the growth stage and 11 in the early stage, with two early-stage deals keeping their financial details undisclosed.

Among the growth-stage deals, four startups collectively secured $317 million. Lenskart, an eyewear retailer, secured the highest amount with $200 million in secondary funding, trailed by digital lending startup Fibe with $90 million, electric two-wheeler manufacturer Ather Energy with $15 million, and SME-focused digital lending platform LendingKart with $12 million in debt funding.

On the early-stage front, 11 startups raised $85.34 million. Avail, a blockchain startup spun off from Polygon, took the lead, followed by AstroTalk, an online astrology platform, Testsigma, an AI-based low-code test automation platform, iPiD, a fintech platform, and Botsync, a robotics startup. Additionally, two startups, Aegeus Tech, specializing in IoT-driven green robotics solutions, and Greenday (Better Nutrition), a D2C nutrition brand, chose not to disclose their funding amounts.

Bengaluru emerged as the leading city for funding deals, with seven startups securing investments, followed by Delhi-NCR, Lucknow, Pune, Ahmedabad, and Chennai. For more details, visit TheKredible.