Indian Startup Funding — Startups Raised $133 Mn This Week

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SUMMARY

Between July 7 and 12, startups raised $132.9 Mn across 17 deals, down 58% from the $314.6 Mn secured by 21 startups in the preceding week

At a sectoral level, fintech lapped a large majority of the overall startup funding this week, with five startups in the sector raking in $99.6 Mn

InfoEdge Ventures was the most active investor this week, backing InPrime Finserv and Chai Bisket

Funding momentum across the Indian startup ecosystem witnessed a slight dip after two…



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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 $133 Mn This Week


SUMMARY

Between July 7 and 12, startups raised $132.9 Mn across 17 deals, down 58% from the $314.6 Mn secured by 21 startups in the preceding week

At a sectoral level, fintech lapped a large majority of the overall startup funding this week, with five startups in the sector raking in $99.6 Mn

InfoEdge Ventures was the most active investor this week, backing InPrime Finserv and Chai Bisket

Funding momentum across the Indian startup ecosystem witnessed a slight dip after two…



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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