Udaan and Emergent lead India's ₹3,171 crore startup funding week
Indian startups secured $328.5 million (approximately ₹3,171 crore) through 16 investment rounds during the week ending July 16. This represents a 48% increase compared to the $222.7 million raised the previous week, even though the total number of deals declined. Udaan topped the list by raising $160 million, while Emergent followed with $130 million. Other companies that successfully closed funding rounds this week include Grovyo, SwitchOn, and E3 Electric.