Top News of the Day:
1. Insurtech startup Finsall has raised Rs 15 crore in bridge funding to establish a non-banking finance company for scaling lending operations
2. The CEO of EdTech company Physics Wallah, Alakh Pandey, has filed a plea in the
Indian startups raised $800.5 Mn in 29 deals this week, an increase of 296% from last week's $201.8 Mn raised across 21 deals
Buoyed by Zepto' mega $665 Mn funding round, consumer services dominated sectoral funding charts this week
Peak XV Partner
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1 replies4 likes
Udyamee
Stealth • 5m
Too many funding announcements today.
This week is going to be big in terms of startup funding.
In May, Indian startups raised 1.3 billion dollars, the highest amount this year.
Do you think the funding winter for Indian startups is coming to a
Elon Musk’s xAI nears funding at $18 billion value soon as this week
Elon Musk's x.AI Corp is nearing the conclusion of a funding round at an $18 billion valuation, targeting a $6 billion raise with participation from Sequoia Capital. The round's sp
Indian startups were able to net a $58.36 Mn across 16 deals, a 52% decline from last week's $121.8 Mn raised across 21 deals
The Fintech sector emerged as an investor favourite this week, with startups in the sector securing $23.9 Mn across 4 deals