Out of 21 funding deals recorded this week, ecommerce accounted for 8 deals — making it the sector with the highest investment activity. Startups in the sector cumulatively raised a total of $49.1 Mn this week
Seed stage funding jumped to $3.1 Mn across three deals this week, more than double from the $1.5 Mn raised by startups at this stage last week
Antler, IAN Alpha Fund and Rainmatter emerged as most active investors this week, backing two startups a piece
Indian startup funding trends saw a recovery in the first week of June. During the past week, Indian startups cumulatively raised $187.4 Mn, a 260% week-on-week jump from $52 Mn raised last week.
The ecosystem saw 21 deals in the period under review, from 14 funding deals recorded in the last week.
Source: Inc42 - Startups
