Startup funding rises 28% to $219.2 million despite drop in deals

During the week ending July 9, Indian startups secured $219.2 million through 18 funding rounds, marking a 28.3% rise from the prior week even with a lower number of transactions. This growth was primarily fueled by late-stage investments, which surged to $167.7 million and made up almost 76% of the overall amount. On the other hand, early-stage and seed-level funding experienced a week-on-week drop.

by shortkt.com
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Startup funding rises 28% to $219.2 million despite drop in deals | ShortKT