Indian Startup Funding — Startups Raised $98 Mn This Week

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SUMMARY

Eighteen startups managed to raise $98.2 Mn between August 25 and August 30, up 58% from the $62.2 Mn raised across nine deals in the preceding week

The uptick in weekly startup funding was largely led by the fintech sector, with three startups raising a total of $54.4 Mn

Blume Ventures was the most active investor this week, investing in WizCommerce, Vutto and Anmasa

Indian startup funding recovered slightly in the final week of August after plunging significantly…



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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 $98 Mn This Week


SUMMARY

Eighteen startups managed to raise $98.2 Mn between August 25 and August 30, up 58% from the $62.2 Mn raised across nine deals in the preceding week

The uptick in weekly startup funding was largely led by the fintech sector, with three startups raising a total of $54.4 Mn

Blume Ventures was the most active investor this week, investing in WizCommerce, Vutto and Anmasa

Indian startup funding recovered slightly in the final week of August after plunging significantly…



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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