Indian Startups: ETtech Deals Digest: Indian startups raise $304 million this week
The funding landscape for Indian startups remained dry with new-age companies managing to raise only $304 million across 19 rounds this week.
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The funding landscape for Indian startups remained dry with new-age companies managing to raise only $304 million across 19 rounds this week.
Startups in India raised $304 million across 19 rounds this week, down 29% compared to the same period last year, according to data provided by market intelligence firm Tracxn.
Battery Smart said the capital will be utilised by the company to add 1 lakh new customers to its network by 2025, and expand its geographic footprint.
The Pre-Series B funding round saw participation from the company's existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investment (BII).
New Delhi, July 6 (IANS) EV battery swapping network Battery Smart on Thursday said it has raised $33 million in its Pre-Series B funding that will be