Indian Startup Funding — Startups Raised $315 Mn This Week

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SUMMARY

Between June 30 and July 5, Indian startup funding stood at $314.6 Mn via 21 deals, up 13% from the preceding week

Buoyed by $120 Mn mega funding raised by new unicorn Jumbotail, ecommerce emerged as investors’ favourite sector this week

Peak XV Partners was the most active investor this week, backing AppsForBharat, Aukera and Luma Fertility

The funding in the Indian startup ecosystem shot up this week, which also saw the country producing its 124th unicorn in the…



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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 $315 Mn This Week


SUMMARY

Between June 30 and July 5, Indian startup funding stood at $314.6 Mn via 21 deals, up 13% from the preceding week

Buoyed by $120 Mn mega funding raised by new unicorn Jumbotail, ecommerce emerged as investors’ favourite sector this week

Peak XV Partners was the most active investor this week, backing AppsForBharat, Aukera and Luma Fertility

The funding in the Indian startup ecosystem shot up this week, which also saw the country producing its 124th unicorn in the…



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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