News on Medial

Startups raise $1.71 billion in June 2024, marking a 148% on-year increase

Economic Times · 1y

In June 2024, startups secured a total funding value of $1.71 billion, a 148% increase from the previous year. Mumbai-based Zepto was the funding leader, raising $665 million, followed by Creatio and Lenskart, each securing $200 million. The deal value in the last week of June was $393 million from 22 rounds. Top deals included Zepto raising $665 million, Creatio securing $200 million, Lenskart raising $200 million, and Fibe closing a $90 million financing round.