News Post
Inc42
| 1mFrom Avanse Financial Services To ShareChat — Indian Startups Raised $243 Mn This Week
Avanse Financial Services, an education-focused non-banking financial company (NBFC), raised $120 million in a funding round led by Mubadala Investment Company. This was the only mega deal for Indian startups this week as fintech startups attracted the highest funding, totaling $151.8 million across four deals. Overall, Indian startups raised a total of $243.3 million from 17 deals, marking a 19% increase from the previous week. Enterprisetech and seed stage funding were also notable trends this week, with startups in the sector receiving $11.2 million and seed stage funding amounting to $3 million.
No Comments yet
More Like this
/cloudfront-us-east-2.images.arcpublishing.com/reuters/NPOIMWHTANL3PFUQUH6BCAT4DA.jpg)
Download the medial app to read full posts, comements and news.