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ETtech Deals Digest: Startup funding rises 84% on year to $534 million this week

Economic Times · 5m

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.