Akshata Sharma
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Indian startups raised $138.04 Mn across 15 deals, a nearly 22% drop from the $176 Mn raised via 16 deals in the preceding week
Key Startup Funding Highlights Of The Week:
* Fintech startup Dezerv scored the biggest cheque this week, bagging $32 Mn in its Series B funding round from investors Premji Invest, Elevation Capital, Matrix Partners, and Accel Partners.
* Propelled by hefty funds secured by Infra.Market and GOAT Brand Labs, ecommerce emerged as the investor favourite sector this week. Startups in the space cumulatively raised $49.3 Mn via five deals.
* From a sectoral funding lens, fintech trailed ecommerce this week. Fintech startups managed to pocket $34.6 Mn via two deals this week.
* Seed funding jumped 173% this week to $8.33 Mn from last week's $3.05 Mn this week.
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