Startup Funding Analysis for this week!
Hello Builders!! Here is your promised Funding digest of the week. With this funding analysis, we take you through all the updates of the small or big business ventures around the startup ecosystem!
TBC Funding Analysis for this week!🚀
This week 15 deals took place in the startup market which scooped up a total funding of about $272.9 million.
In terms of number of deals, Fintech made it to first place with 8 deals while HRTech and Media shared the second place with 2 deals each.
As per the amount of funding, Fintech again acquired the first place with $218.6 Mn, and SaaS remain at second position with $25.4 Mn.
Growth stage deals📊
This week, startups who top in raising funds in growth stage are KreditBee, InsuranceDekho and SarvaGram with the funding of $ 120 Mn, $36.5 Mn and $35 Mn respectively.
Early stage deals📊
In early stage deals, VilCart, Varthana and ElectricPe top the list with $13 Mn, $7 Mn and $5 Mn respectively.
City-wise deals📈
This week, Bengaluru-based startups were on top in terms of the number of startup deals with 10 deals with $179.2 Mn while Mumbai-based startups got second rank with amount, $47.4Mn across 3 deals.
During this week, startups based in Bengaluru and Mumbai raised 65.67% and 17.37% of the total funding respectively.
The complete overview of deals across cities in this week can be seen below:
With this, the funding digest of the month comes to an end. We hope you had widen your horizon of knowledge on reading it as we did curating it for you. See you next week!
Signing off,
Team TBC🚀