Startups raised around $268.9 million between August 16 and 22, a 19.1% increase from the $225.8 million raised during the same period last year, according to data from Tracxn.
However, the total was down 20.4% from the $337.6 million raised the previous week.
Meanwhile, deal activity fell on a year-on-year (YoY) basis, with 15 transactions recorded this week compared with 31 a year earlier.
ETtech
Top deals of the week
Weaver Services: Housing finance platform Weaver Services signed agreements to raise $170 million (around Rs 1,481.5…
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.
Startups raised around $268.9 million between August 16 and 22, a 19.1% increase from the $225.8 million raised during the same period last year, according to data from Tracxn.
However, the total was down 20.4% from the $337.6 million raised the previous week.
Meanwhile, deal activity fell on a year-on-year (YoY) basis, with 15 transactions recorded this week compared with 31 a year earlier.
ETtech
Top deals of the week
Weaver Services: Housing finance platform Weaver Services signed agreements to raise $170 million (around Rs 1,481.5…
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.
ETtech
