Indian Startup Funding — Startups Raised $88 Mn This Week

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SUMMARY

Between February 24 and March, Indian startups raised $88.3 Mn via 16 deals, a 43% decline from the $152.9 Mn across 17 deals last week

The week’s biggest funding round, Geniemode’s $50 Mn fundraise, helped ecommerce retain its spot as the investor favourite sector this week

Seven startups at the seed stage raised $5.7 Mn this week, marking a 62% decline from the $15.1 Mn raised by startups at this stage last week

Caught among disinterested foreign institutional investors, geopolitical tensions and uneven…



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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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Indian Startup Funding — Startups Raised $88 Mn This Week


SUMMARY

Between February 24 and March, Indian startups raised $88.3 Mn via 16 deals, a 43% decline from the $152.9 Mn across 17 deals last week

The week’s biggest funding round, Geniemode’s $50 Mn fundraise, helped ecommerce retain its spot as the investor favourite sector this week

Seven startups at the seed stage raised $5.7 Mn this week, marking a 62% decline from the $15.1 Mn raised by startups at this stage last week

Caught among disinterested foreign institutional investors, geopolitical tensions and uneven…



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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