Welcome back to TechMantras!

Your one-stop guide for information on the Indian startup Ecosystem.

Every week, I consume various articles on the Indian startup ecosystem, and deliver exciting metrics and developments through a quick read.

$565 million raised in the past week

This week sees 20 startups share this amount of funding, with CureFoods and DMI Finance leading the pack.

Once again, Bengaluru dominated the charts with 10 startups.

Here’s a quick gist:

• DMI Finance - $400 Million

• CureFoods- $36.5 Million

1. 🔗 Link: Cold Supply Chain marketplace raises Rs 100Cr.

•  Celcius previously raised Rs 35Cr from it’s existing investors.

• It aims to solve the unorganised structure of cold supply chain and reduce wastage

• It provides supply solutions, real-time updates and data analytics for users among other services in its booking widgets.

2. 🔗 Link: Green energy startup raises $2.4Million.

Bengaluru-based Ossus Biorenewables is revolutionizing the green hydrogen sector by employing waste carbon from industrial effluents as the initial material for green hydrogen.

It claims to have developed an intelligent bioreactor powered by AI.

3. 🔗 Link: SaaS management platform raises $11M in Series A.

• Spendflo is an all-in-one SaaS buying and management solution and counts customers, including Mindtickle, Hasura, Drip, 4G Clinical, and Wodify.

• CRO Rajiv Ramanan says Spendflo supports the optimization of everything from a company’s cloud software expenses to financial metrics that matter today, including gross margins, runway, and burn rate

And that’s all for today friends! Thanks for reading, and I would love to hear your thoughts.

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