From FirstClub To Innefu— Indian Startups Raised $187 Mn This Week

by · Inc42

SUMMARY

  • Out of 21 funding deals recorded this week, ecommerce accounted for 8 deals — making it the sector with the highest investment activity. Startups in the sector cumulatively raised a total of $49.1 Mn this week
  • Seed stage funding jumped to $3.1 Mn across three deals this week, more than double from the $1.5 Mn raised by startups at this stage last week
  • Antler, IAN Alpha Fund and Rainmatter emerged as most active investors this week, backing two startups a piece