New Delhi: The Indian startup ecosystem witnessed significant funding activity this week, with over $340 million raised by 27 startups across various sectors.
Leading the funding rounds was healthtech platform PharmEasy, which secured $216 million in funding, spearheaded by Manipal Education and Medical Group (MEMG), among others. Additionally, digital lending startup Kinara Capital raised $24.4 million, with investments from Impact Investment Exchange (IIX) and BlueOrchard Microfinance Fund.
Portea Medical, operating in the healthcare sector, successfully raised $19.87 million through a rights issue, while Electric vehicle (EV) startup Charge Zone received $19 million in funding from British International Investment (BII).
In the early-stage funding segment, food-agri startup Fresh From Farm (F3) secured $2 million, with participation from Inflection Point Ventures, aiming to achieve a Rs 100 crore annual recurring revenue (ARR) by year-end.
According to Entrackr data, a total of 11 early-stage startups raised approximately $30.31 million this week.
Among the cities, Bengaluru emerged as the hub of startup funding, with nine deals, followed by Delhi-NCR and Mumbai.
Last week, a comparable number of startups had collectively raised $222.7 million in funding rounds.
