New Delhi, April 12
The domestic startup ecosystem continued the funding momentum this week, with raising more than $180 million by 24 new-age companies.
The fintech sector remained the most funded sector. This week saw six growth-stage and 13 early-stage deals.
Among the biggest growth-stage deals, digital payment technology company Juspay secured $60 million in its Series D round led by Kedaara Capital, with participation from existing investors Softbank and Accel.
Another digital payment company Easebuzz raised $30 million in a funding round led by Bessemer Venture Partners.
Homegrown wearables brand Noise secured $20 million in funding from US-based audio equipment giant Bose Corporation, marking its second investment round and reaffirming investor confidence despite a sluggish market.
Among early-stage deals, cross-border logistics startup Xindus led with $10 million Series A round.
The average funding in the last eight weeks stood at nearly $246.87 million with 24 deals per week.