From Even Health To The Pant Project— Indian Startups Raised Over $184 Mn This Week
by Shrishti Bisht · Inc42SUMMARY
- Indian startups raised over $184 Mn across 17 deals between October 19 and 23, down 22% from the previous week
- AI startups topped the funding charts, raising $93.9 Mn across six deals, followed by healthtech startups, which attracted $60.6 Mn across two deals
- Venture debt firm Trifecta Capital and early-stage investor Blume Ventures backed two startups each, emerging as the most active investors of the week
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Indian startup funding activity slowed down in the third week of October, with 17 startups raising over $184 Mn. This marks a 22% dip from the $236.2 Mn raised in the previous week. The deal count also fell 32% from the 25 funding deals that were announced last week.