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Northern Arc secured $75 Mn in debt financing from FMO

Jun 29, 2024over 1 year ago

Amount Raised

$75 Million

Investors

Fmo

Description

Northern Arc, an Indian startup, secured $75 Mn in debt financing from FMO. The total funding raised by Indian startups this week was $196 Mn across 17 deals, marking a 75% decline from the previous week.

Company Information

Company

North Arc Capital

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech