Share via:
The volatility in the funding momentum across the Indian startup ecosystem continued in the final week of May. After gathering steam, investment activity slumped again this week.
Between May 26 and 31, 15 startups managed to raise $92.9 Mn, marking a 60% decline from the $231.7 Mn raised across 16 deals last week.
However, despite the muted funding trends, the week saw the third Indian startup joining the unicorn race this year. Pet food startup Drools entered into the unicorn club via a…
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.
The volatility in the funding momentum across the Indian startup ecosystem continued in the final week of May. After gathering steam, investment activity slumped again this week.
Between May 26 and 31, 15 startups managed to raise $92.9 Mn, marking a 60% decline from the $231.7 Mn raised across 16 deals last week.
However, despite the muted funding trends, the week saw the third Indian startup joining the unicorn race this year. Pet food startup Drools entered into the unicorn club via a…
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.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
