India, May 4 -- After a significant drop in the capital raised by Indian startups in the last week of April, funding picked up in the world's third-largest startup ecosystem in the first week of May. Between April 29 and May 4, Indian startups cumulatively raised $316.4 Mn across 23 deals, up 83.3% from last week's $172.6 Mn secured across 21 deals.

Funding Galore: Indian Startup Funding Of The Week [Apr 29 - May 4]

Date

Name

Sector

Subsector

Business Model

Funding Round Size

Funding Round Type

Investors

Lead Investor

30 Apr 2024

Pharmeasy

Healthtech

Online Pharmacy

B2B-B2C

$216.2 Mn

-

Ranjan Pai

Ranjan Pai

3 May 2024

Kinara Capital

Fintech

Lendingtech

B2B

$24.4 Mn

Debt

Impact Investment Exchange, BlueOrchard Mi...