Indian startups raised around $160.3 million during the week of June 7 to 13, a 74.7% jump from the $91.8 million raised during the same period last year, according to data from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tracxn” target=”_blank”>Tracxn.

The tally also marked a 12.4% increase over the $142.7 million raised last week.

Despite the rise in funding value, deal activity remained muted, with only 16 transactions recorded this week. This was less than half of the 34 deals seen in the corresponding week last year.

Top deals of the week

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cred” target=”_blank”>Cred: Fintech firm data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/cred-secures-72-million-from-gic-other-existing-investors-at-lower-valuation-of-3-5-billion/articleshow/121730899.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”> Cred closed a funding round of about $72 million at…

Indian startups raised around $160.3 million during the week of June 7 to 13, a 74.7% jump from the $91.8 million raised during the same period last year, according to data from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tracxn” target=”_blank”>Tracxn.

The tally also marked a 12.4% increase over the $142.7 million raised last week.

Despite the rise in funding value, deal activity remained muted, with only 16 transactions recorded this week. This was less than half of the 34 deals seen in the corresponding week last year.

Top deals of the week

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cred” target=”_blank”>Cred: Fintech firm data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/cred-secures-72-million-from-gic-other-existing-investors-at-lower-valuation-of-3-5-billion/articleshow/121730899.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”> Cred closed a funding round of about $72 million at…