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Indian startups raised over $227 million from Sept 09 to Sept 14, 2024; InMobi tops the list

IndianStartupNewsIndianStartupNews · 3d
Indian startups raised over $227 million from Sept 09 to Sept 14, 2024; InMobi tops the list

Between September 9 and September 14, 2024, 23 startups from various sectors secured over $235 million in funding. Key sectors attracting investment included biotech, HRtech, gaming, SaaS, NBFC, consumer tech, AI, D2C, and wealth management. InMobi led the consumer tech sector with a $100 million debt round, while other notable funding rounds were raised by FlexiLoans ($34.5 million), Onsurity ($21 million), Centricity ($20 million), and AppsForBharat ($18 million). Several emerging startups, such as Supersquad, Wundrsight, and GameEon Studios, also secured funding. Additionally, there were strategic mergers and acquisitions, including Nazara Technologies acquiring stakes in Moonshine Technology and STAN, GoKwik acquiring Return Prime, and Yudiz Solutions acquiring a majority stake in ABCM App.

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