Over $447 million in funding raised by 22 Indian startups last week

22 Indian entrepreneurs raised nearly $447 million last week, as they continued to raise capital at a regular rate. According to Entrackr, there were nine growth-stage agreements and eleven early-stage deals in this. The report stated that “two startups kept their transaction details undisclosed.” In the week of March 11–16, almost 30 startups—20 in the early stages and 6 in the growth stages—raised about $287 million.

With 14 agreements, Bengaluru-based firms received the most funding, followed by Delhi-NCR with three deals. Nine firms raised $420.35 million in funding last week across the growth-stage deals. With $157 million in investment, the healthtech company Engrail obtained the most. The healthtech startup Ultrahuman, the content-to-commerce company The Good Glamm Group, and the audio series platform Pocket FM were the next most funded companies, with $103 million, $35 million, and $30 million in funding, respectively.

Furthermore, this week saw the successful fundraising of Atlan, a provider of data collaboration tools, Curefood, a cloud kitchen business, Jumbotail, a B2B marketplace and retail platform, Dvara KGFS, an NBFC that operates in distant rural areas, and SubKo Coffee, a coffee brand. In addition, eleven early-stage companies raised a total of $27 million in capital.