{"id":2936,"date":"2024-07-05T10:11:41","date_gmt":"2024-07-05T10:11:41","guid":{"rendered":"https:\/\/founderlabs.in\/?p=2936"},"modified":"2024-07-05T10:11:42","modified_gmt":"2024-07-05T10:11:42","slug":"startupndia-deep-tech-ecosystems-startups-funding","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=2936","title":{"rendered":"17 Indian Startups Raised Over $196 Million In Funding This Week"},"content":{"rendered":"\n

Approx 17 Indian startups have raised $196.4 million in funding across 17 deals this week. a decrease of 75% from the $800.5 million secured by the startups last week.<\/p>\n\n\n\n

The largest funding round was witnessed by non-banking financial company (NBFC) Northern Arc this week.<\/p>\n\n\n\n

It raised $75 million via non-convertible debentures (NCDs) from the Dutch entrepreneurial development bank FMO. The Fintech sector emerged as the investors’ favourite this week as the startups in the space cumulatively secured $77.4 million across three deals.<\/p>\n\n\n\n

Startups in the e-commerce sector raised $48.3 million across five deals, enterprise tech raised $25.8 million across three deals, real estate tech raised $20.2 million across one deal, and health tech raised $10.5 million.<\/p>\n\n\n\n

However, seed funding dropped this week by 69 per cent to $6.9 million from last week’s $22.7 million, according to the report. Softeware-as-a-service (SaaS) startup Rocketlane raised $24 million in its Series B funding round co-led by 8VC, Matrix Partners India and Nexus Venture Partners.<\/p>\n\n\n\n

Co-working space solutions provider Smartworks has secured $20.24 million (Rs 168 crore) from a group of investors including Keppel, Ananta Capital Ventures Fund I, Plutus Capital, family trusts, and HNIs.<\/p>\n\n\n\n

A Nasscom report has said India now ranks sixth among the top nine deep-tech ecosystems globally with 3,600 such startups, which received $850 million in funding last year.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Approx 17 Indian startups have raised $196.4 million in funding across 17 deals this week. a decrease of 75% from the $800.5 million secured by the startups last week. The largest funding round was witnessed by non-banking financial company (NBFC) Northern Arc this week. It raised $75 million via non-convertible debentures (NCDs) from the Dutch […]<\/p>\n","protected":false},"author":3,"featured_media":2937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[643],"tags":[994,995,993],"class_list":{"0":"post-2936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-start-up-news","8":"tag-nasscom-report","9":"tag-seed-funding","10":"tag-startupindia"},"yoast_head":"\n17 Indian Startups Raised Over $196 Million In Funding This Week - Founderlabs<\/title>\n<meta name=\"description\" content=\"The largest funding round was witnessed by non-banking financial company (NBFC) Northern Arc this week in StartUpndia\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.founderlabs.in\/?p=2936\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"17 Indian Startups Raised Over $196 Million In Funding This Week\" \/>\n<meta property=\"og:description\" content=\"The largest funding round was witnessed by non-banking financial company (NBFC) Northern Arc this week in StartUpndia\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.founderlabs.in\/?p=2936\" \/>\n<meta property=\"og:site_name\" content=\"Founderlabs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/founderlabsindia\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-05T10:11:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-05T10:11:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.founderlabs.in\/wp-content\/uploads\/2024\/07\/sf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"904\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gargi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:site\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gargi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936\"},\"author\":{\"name\":\"Gargi\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/#\\\/schema\\\/person\\\/afab350a7a241df759bfd7f712a8039d\"},\"headline\":\"17 Indian Startups Raised Over $196 Million In Funding This Week\",\"datePublished\":\"2024-07-05T10:11:41+00:00\",\"dateModified\":\"2024-07-05T10:11:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936\"},\"wordCount\":210,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.founderlabs.in\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/sf.jpg\",\"keywords\":[\"Nasscom report\",\"seed funding\",\"StartUpIndia\"],\"articleSection\":[\"Ecosystem Updates\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936\",\"url\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2936\",\"name\":\"17 Indian Startups Raised Over $196 Million In Funding This Week - 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