Indian Startup Funding — Startups Raised $568 Mn This Week

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SUMMARY

Indian startups raised $567.5 Mn across 19 deals between June 9 and 14, a 322% jump from the $134.4 Mn raised by 16 startups in the preceding week

On the back of Groww’s mega funding round and other big ticket deals like CRED’s $72 Mn fundraise, fintech dominated the funding trends at a sectoral level

The week saw a lot of activity from investors across the board, with firms like Fundamentum, Stride Ventures and Accel, Stellaris, backing multiple startups

Weeks after…



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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 $568 Mn This Week


SUMMARY

Indian startups raised $567.5 Mn across 19 deals between June 9 and 14, a 322% jump from the $134.4 Mn raised by 16 startups in the preceding week

On the back of Groww’s mega funding round and other big ticket deals like CRED’s $72 Mn fundraise, fintech dominated the funding trends at a sectoral level

The week saw a lot of activity from investors across the board, with firms like Fundamentum, Stride Ventures and Accel, Stellaris, backing multiple startups

Weeks after…



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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