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ETtech Deals Digest: Startup funding rises 84% on year to $534 million this week
Economic Times
ยท
9m ago
Medial
In the week of October 12 to October 18, startups raised a total of $533.6 million, showing an 84% increase compared to the same period last year. This is over five times more than the previous week's total. Some notable funding rounds include beauty retailer Purplle raising an additional $180 million, executive education startup Eruditus securing $150 million, enterprise tech startup Neuron7.ai raising $44 million, jewellery brand Giva closing a funding round of $30.3 million, and SaaS startup Everstage raising $30 million.
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ETtech Deals Digest: Startup funding rises 52% on year to $220 million this week
Economic Times
ยท
11m ago
Medial
Startups raised a total of $220.3 million in funding between August 31 and September 6, showing a 52% increase compared to the same period last year. However, this week's funding amount decreased by 50.2% compared to the previous week. The biggest funding round came from mobility startup Rapido, which raised $200 million, contributing to over 90% of the total funding for the week. Other notable funding rounds include Nutrabay raising $5 million, The Hosteller raising $3.8 million, RecommerceX raising $3.6 million, and BigEndian Semiconductors raising $3 million.
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ETtech Deals Digest: Startup funding plummets 80% YoY to $58.3 million this week
Economic Times
ยท
1y ago
Medial
Startups saw a sharp decline in funding during the fourth week of July, with only $58.3 million raised compared to $293 million in the same period last year. This marks an 80.1% decrease in funding and a 72.3% drop from the previous week. Only eight funding rounds took place, down from 28 rounds last year. Space startup Unimech Aerospace secured the largest deal, raising $30 million in a funding round led by Steadview Capital, ValueQuest Scale Fund, and Evolvence India. Other significant deals included wealthtech startup Stable Money raising $15 million and flexible workspace provider Incuspaze raising $8 million. Nasher Miles, a direct-to-consumer luggage brand, also raised $4 million.
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ETtech Deals Digest: Startups raise $184.8 million this week, up 47.8% YoY
Economic Times
ยท
9m ago
Medial
In the week of October 19 to October 25, startups raised $184.8 million, which was a 47.8% increase compared to the same period last year but a 65.4% decline from the previous week. Notable deals included edtech unicorn Upgrad raising $60 million from Temasek, AI startup Neysa securing $30 million in funding, healthcare startup Even Healthcare raising $30 million, dairy tech startup Stellapps raising $26 million, and health and wellness startup Healthify raising $20 million.
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ETtech deals digest: Startups raise $327.3 million in week to February 14; up 27.8% on-year
Economic Times
ยท
5m ago
Medial
Between February 8 and 14, startups raised $327.3 million across 30 deals, marking a 27.8% increase year-on-year and a 65% rise from the previous week. Notable deals included ToneTag securing $78 million, SpotDraft raising $54 million in Series B funding, Zeta obtaining $50 million from Optum, and Rapido garnering $29.8 million from Prosus. These investments spanned seed, early, and late-stage ventures, showcasing a robust growth in startup funding.
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ETtech Deals Digest: Startup funding plummets 49% YoY to $108 million this week
Economic Times
ยท
12m ago
Medial
Startups raised $108.4 million in funding between August 3 and August 9, which is a 48.9% decline compared to the same period last year. There were 17 funding rounds this week, down from 26 rounds last year. Notable deals include Visit Health raising $30 million, Agrizy raising $9.8 million, Scimplify raising $9.5 million, and Kindlife.in raising $8 million.
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ETtech Deals Digest: Startup funding soars to $748.5 million this week
Economic Times
ยท
1y ago
Medial
Indian startups experienced a significant increase in funding, raising approximately $748.5 million in the third week of June. This surge was chiefly driven by Zepto, a quick-commerce company based in Mumbai, which secured $665 million in funding. Compared to the previous week, funding has almost multiplied eightfold, and it has almost quadrupled compared to the same period last year. Zepto's funding round alone accounted for around 89% of the total funding for the week. Other notable deals included EKA Mobility receiving a $23.9 million investment from Mitsui & Co and Wrogn receiving a Rs 125 crore investment from TMRW House of Brands.
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ETtech Deals Digest: Startups raise $158.5 million in week to February 21, up 76.9% on-year
Economic Times
ยท
5m ago
Medial
Startups raised $158.5 million between February 15 and 21, reflecting a 76.9% increase from the same period last year but a 51.6% decline from the previous week's $327.3 million. During this week, 19 deals were made compared to 37 deals last year. Key deals included Udaan securing $75 million, Waterfield Advisors raising $18 million, Spyne obtaining $16 million, and Singulr AI acquiring $10 million in funding rounds.
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ETtech Deals Digest: Startups raise $159 million this week, down 7.2% on-year
Economic Times
ยท
1m ago
Medial
During the week of June 14 to 20, startups raised approximately $159.2 million, a 7.2% decline from the same period last year, according to Tracxn data. Deal activity remained low with only 14 transactions, compared to 36 from the previous year. Notable deals included Aspora, a Y Combinator-backed startup, securing $53 million in Series B funding, and Mahaveer Finance raising around $23.1 million in an equity funding round.
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ETtech Deals Digest: Startup funding falls 34% on year to $118 million this week
Economic Times
ยท
1y ago
Medial
Technology startups received a total funding of $117.6 million in the third week of May, down 34% from the same period last year. The largest funding deal was $45 million for Gurugram-based Battery Smart. A total of 18 funding rounds took place during this week, compared to 32 last year. Bengaluru-based Blume Ventures was the top investor, backing startups like Battery Smart and InstaAstro. Other notable funding deals included Red Health raising $20 million, Niqo Robotics securing $13 million, Rupeek raising $6 million, and Celcius receiving $4.8 million.
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ETtech Deals Digest: Funding for startups falls 32% to $83 million this week
Economic Times
ยท
1y ago
Medial
In the penultimate week of February 2024, startup funding decreased by 32% compared to the same period in 2023, amounting to $83 million across 20 deals. Most of the funding, $52.8 million, was raised in the early-stage, followed by $25 million in the late-stage. Funding decreased by 42% sequentially and averaged at around $4 million per deal. Notable funding deals include Rentomojo raising $25 million, Yulu raising $19.25 million, and Vidyut raising $10 million. Varaha and Pure also secured funding amounts of $8.7 million and $8 million, respectively.
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