startups funding: ETtech deals digest: Startups raise $198 million this week, up 65% on-year

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Startups raised around $198.3 million between February 1 and 7, marking a 65.2% increase compared to the same period last year.

This week, startups across seed, early and late stages secured funding through 24 deals, down from 51 during the same period last year, when the total funding reached $120 million, according to data intelligence platform Tracxn.

Top deals of the week

Myntra: Online fashion retailer Myntra received an $81-million infusion from its parent firm Flipkart, marking its second investment in 2024 after a $339-million infusion in…



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startups funding: ETtech deals digest: Startups raise $198 million this week, up 65% on-year


Startups raised around $198.3 million between February 1 and 7, marking a 65.2% increase compared to the same period last year.

This week, startups across seed, early and late stages secured funding through 24 deals, down from 51 during the same period last year, when the total funding reached $120 million, according to data intelligence platform Tracxn.

Top deals of the week

Myntra: Online fashion retailer Myntra received an $81-million infusion from its parent firm Flipkart, marking its second investment in 2024 after a $339-million infusion in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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