Indian Startups Hit the Accelerator in Latest Funding Wave
It seems the Indian startup ecosystem just can’t stop gaining momentum as another blockbuster week of funding activity wraps up.
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From edtech disruptors to social media juggernauts, startups tackling everything from lending to B2B commerce raked in sizable cash infusions.
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And with mega-rounds headlining the period, it’s clear backers believe strongly in the potential of these entrepreneurs to transform industries.
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Topping the charts was the massive $120 million Series F round raised by Avanse Financial Services.
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The education-focused NBFC is pioneering new models to make higher education financing more accessible for students across India.
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Recognizing this vision, Abu Dhabi’s Mubadala Investment Company led the heavy-hitting round, a vote of confidence that will allow further scaling.
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