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This week, startups across seed, early, and late stages raised funds through 28 deals, down from 39 during the same period last year, when the total funding amounted to $106 million, according to data intelligence platform Tracxn.Top deals of the week
Netradyne: SoftBank-backed Netradyne, a fleet safety and video telematics solutions provider, secured $90 million in equity funding in a round led by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital.
Foxtale: Mumbai-based skincare brand Foxtale raised $30 million in a funding round led by Japanese beauty products company Kose Corporation.
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BGauss: Electric two-wheeler manufacturer BGauss raised Rs $19.3 million in funding from the Bharat Value Fund (BVF).
MicroMitti: Proptech startup MicroMitti raised $10.4 million in funding from domestic high net worth individuals (HNIs) and family offices, among others.
Sarla Aviation: Aerospace startup Sarla Aviation, which is developing an electric aircraft to be used as flying taxis, has raised $10 million in a funding round led by Accel. Angel investors including Flipkart cofounder Binny Bansal, Zerodha cofounder Nikhil Kamath and Swiggy’s Sriharsha Majety also participated in the round.