Scimplify: ETtech Deals Digest: Startups raise $342 million in week ending 13 March; up 2.4x on-year

, By The Economic Times
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Startups raised around $342.4 million between March 8 and 13, marking an almost 2.4 times increase compared to the same period last year.

This also represents a 31.2% increase from last week’s total of $260.9 million.

This week, startups across various stages, raised funds through 13 deals, compared to 24 deals in the year-ago period, when they raised a total of $143 million, according to data from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tracxn” target=”_blank”>Tracxn.

Top dealsETtech

Top deals for the week

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/zolve” target=”_blank”>Zolve: Cross-border financial services platform data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/cross-border-fintech-zolve-raises-251-million-in-equity-debt-mix-from-creaegis-others/articleshow/118972086.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>Zolve secured $251 million in a debt-equity mix funding round led by…



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Scimplify: ETtech Deals Digest: Startups raise $342 million in week ending 13 March; up 2.4x on-year

, Published By The Economic Times
Funding


Startups raised around $342.4 million between March 8 and 13, marking an almost 2.4 times increase compared to the same period last year.

This also represents a 31.2% increase from last week’s total of $260.9 million.

This week, startups across various stages, raised funds through 13 deals, compared to 24 deals in the year-ago period, when they raised a total of $143 million, according to data from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tracxn” target=”_blank”>Tracxn.

Top dealsETtech

Top deals for the week

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/zolve” target=”_blank”>Zolve: Cross-border financial services platform data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/cross-border-fintech-zolve-raises-251-million-in-equity-debt-mix-from-creaegis-others/articleshow/118972086.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>Zolve secured $251 million in a debt-equity mix funding round led by…



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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Previous News
Meet Gemini Robotics: Google’s AI-powered robots that can see, think, and act
Next News
SpaDeX satellites: ‘Even sky not the limit’: Union minister Amit Shah congratulates ISRO on successful de-docking of SpaDeX satellites
The Economic Times

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