Domestic boot collected more than $ 150 million this week

New -Delhi, March 29 (IANS). The domestic initial ecosystem raised more than $ 150 million this week, showing strong growth in the current financial year. In the last week of March, 23 Indian Startups raised a total of $ 150 million, including five developmental phase and 17 early-deals. The number of financing agreements during the week was 16. India’s largest model portfolio platform Smallcase raised $ 50 million in its range finance round, including primary and secondary investment. It was led by Eleve 8 Venchary Partners, with new and current investor participation. About 17 starting phase raised a total of $ 54.09 million and the Fintech startup Ebound took the lead in a $ 14 million round. According to the segment, the FinTech upstart covered with 6 transactions. Delhi-NCR-based startups gained an edge with eight transactions to Bengaluru, Mumbai, Hyderabad and Chennai. In the first quarter of 2025, the domestic technology raised raised $ 2.5 billion, showing an increase of 13.64 percent compared to the previous quarter and 8.7 percent compared to the same period last year. In the first quarter of 2025, a total financing of $ 1.8 billion in the late stage, with an increase of 38.46 percent compared to $ 1.3 billion in the fourth quarter of 2024 and an increase of 114.54 percent in the first quarter of 2024 compared to $ 839 million. According to the major market intelligence platform Traxon, Delhi technical startups have taken 40 percent of all financing records by technical enterprises across India. This was followed by Bengaluru, which was 21.64 percent. The government said this week that 217 incubators were selected with a total approved funding from Rs 916.91 crore to January 31 under the Startup India initiative. According to the recent DPIIT data, India currently has about 1.59 lakh businesses. -Ians SKT/ABM shares this story -tags