Between September 7 and September 11, 20 startups raised a combined $321.9 Mn, an 82.4% increase from the $176.5 Mn raised by 22 startups in the previous week
Advanced Hardware & Technology was the week’s most-funded sector, with two startups raising a combined $121 Mn
Peak XV Partners, Accel and Prath Ventures were the week’s most active investors, participating in two deals each
Startup funding activity rebounded back sharply in the second week of September. Between September 7 and September 11, Indian startups raised a combined $321.9 Mn across 20 deals, up 82.4% from $176.5 Mn raised by 22 startups in the previous week.
Advanced hardware & technology and ecommerce sectors accounted for most of the week’s funding, raising a combined $201.1 Mn across eight deals. Together, they accounted for 62.5% of the total funding raised by Indian startups during the week.
Source: Inc42
