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.

From edtech disruptors to social media juggernauts, startups tackling everything from lending to B2B commerce raked in sizable cash infusions.

And with mega-rounds headlining the period, it’s clear backers believe strongly in the potential of these entrepreneurs to transform industries.

Topping the charts was the massive $120 million Series F round raised by Avanse Financial Services.

The education-focused NBFC is pioneering new models to make higher education financing more accessible for students across India.

Recognizing this vision, Abu Dhabi’s Mubadala Investment Company led the heavy-hitting round, a vote of confidence that will allow further scaling.