SUMMARY
Between December 1 and 5, 18 startups raised $132.7 Mn, marking a 32% decline from $195.2 Mn raised by 24 startups in the preceding week
Cleantech managed to be one of the most prominent sectors with 2 startups raising a total of $51 Mn this week
Sparrow Capital turned out to be the most active investor this week, backing Mannjal and ReplyAll
Amid heightened startup IPO activity, private funding in the Indian startup ecosystem took a downturn this week. Between December 1 and 5, 18 startups raised $132.7 Mn, marking a 32% decline from $195.2 Mn raised by 24 startups in the preceding week.
Funding Galore: Indian Startup Funding Of The Week [ Dec 1 – 5 ]
*Part of a larger round
**Included this week as it was skipped last week
Note: Only disclosed funding rounds have been included
Key Startup Funding Highlights Of The Week
- Deal count wise, AI and fintech sector continued to be investors’ favorite segment. Both the segments witnessed 3 deals, across which startups cumulatively raised $5 Mn and $33 Mn respectively.
- Cleantech managed to be one of the most prominent sectors with 2 startups raising a total of $51 Mn this week.
- Sparrow Capital turned out to be the most active investor this week, backing Mannjal and ReplyAll.
- Eight startups at the seed stage raised about $16 Mn this week.
Fund Updates Of The Week
Startup IPO Updates Of The Week
Other Developments Of The Week
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