Representative Image 
Business

37 Indian startups secure $310 million in funding this week

Last week, as many as 21 startups secured nearly $105 million in the country

IANS

NEW DELHI: At least 37startups in India secured about $310 million in funding this week, including 10 growth-stage deals, as deals continued at a normal pace in the country.

Last week, as many as 21 startups secured nearly $105 million in the country.

This week, 10 startups raised $225.86 million in funding, including GPS Renewables which secured $50 million in debt funding, according to a report in Entrackr.

Deeptech startup Ecozen raised $30 million in a mix of debt and equity from existing investors, including asset management firm Nuveen.

Online B2B marketplace ProcMart raised $30 million in its Series B funding led by Nandan Nilekani and Sanjeev Aggarwal's VC fund, Fundamentum Partnership, and the Edelweiss Discovery Fund.

Gaming startup LightFury Games secured $8.5 million in its maiden round, led by Blume Ventures and other key investors.

ClickPost, the logistics intelligence platform for online retailers, raised $6 million in a Series A funding led by Inflexor Ventures partners and Athera Venture Partners. Emergency healthcare provider Medulance also secured $3 million (about Rs 25 crore) in Series A funding.

VB-G RAM-G replaces MGNREGA with President's assent, gazette notification

GCC seeks police inquiry into wage theft scam by Parks department contractors

TN Minister TRB Rajaa inspects Madurai Tidel Park works

Erode meeting testimony to Vijay's actor-to-politician transformation, claims TVK leader Arunraj

Tamil Nadu's first play park for pet dogs opened in Ooty