From Fairdeal.Market To abCoffee — Indian Startups Raised $52 Mn This Week
by Akshit Pushkarna · Inc42SUMMARY
- This week, Indian startup funding stood at $52 Mn across 15 deals, down 44% from the preceding week
- On the back of the week's biggest round, Fairdeal.Market's $15 Mn Series A funding, ecommerce emerged as the most funded segment this week
- On the back of the week's biggest round, Fairdeal.Market's $15 Mn Series A funding, ecommerce emerged as the most funded segment this week
- Added to Saved Stories in Login
Weekly funding activity remained volatile in the world’s third-largest startup ecosystem. Between May 22 and 25, 14 Indian startups collectively raised $52 Mn, marking a 44% decline from the $92.2 Mn secured across 17 deals in the previous week.
Notably, four funding deals announced during the week did not disclose the amount raised.