This week, Indian startups garnered $92.2 million across 17 deals, marking a significant 70% drop from the previous week’s $303 million raised by 15 startups. The funding landscape has been volatile recently, influenced by geopolitical tensions. Fintech startup Scapia led the way with $63 million, making fintech the most funded sector at $67.1 million. Ecommerce maintained its lead in deal count, with six startups securing funds. Seed stage investments saw a notable increase, reaching $7.6 million, compared to $2.6 million last week. Info Edge Ventures emerged as the most active investor, supporting Anscer Robotics and Trackk. Additionally, Shastra VC announced a $100 million fund for early-stage deeptech, AI, and climate science startups, while Piper Serica introduced the Bharat Tech Fund targeting Series A and B deeptech ventures. Oister Global launched its ACE Fund III with a ₹500 Cr corpus for late-stage startups. In mergers and acquisitions, Oxyzo is set to acquire GoldenPi Technologies, Innovaccer acquired CaduceusHealth, and Nykaa is acquiring a 24.2% stake in Earth Rhythm.
How much did Indian startups raise this week?
