New Delhi, March 8
At least 30 startups secured more than $355 million this week, which included three growth-stage and 20 early-stage deals.
This is stupendous growth of at least 355 per cent from the previous week, when the domestic startup ecosystem witnessed $105.87 million in fund-raising by 21 startups.
HR tech platform DarwinBox topped the chart with $140 million in Series D round led by Partners Group and KKR. The round also saw participation from Gravity Holdings.
Edtech platform Leap Finance secured $100 million debt facility from London headquartered-HSBC Bank under its ASEAN Growth Fund. This follows Leap's $65 million Series E equity round led by Apis Partners last month, taking it total fundraise to over $400 million.
Insurtech startup InsuranceDekho secured $70 million, which was co-led by private equity fund Beams Fintech Fund, Japan's Mitsubishi UFJ Financial Group (MUFG) and insurer BNP Paribas Cardif, via its insurtech fund managed by European investment major Eurazeo.