Weekly Funding Roundup May 27 –May 31: From Infra.Market to Zypp Electric, Indian Startups Raised $218 Million This Week

Indian companies raised a total of $217.84 million through 31 agreements, a 273% increase from the previous week’s $58.36 million raised through 16 deals.

This week, the ecommerce industry emerged as the investor choice, with businesses in the space raising $56.2 million in five acquisitions.

Venture Catalysts was the most active investor this week, supporting four firms.

After two weeks of sluggish funding patterns, investment activity in the Indian startup ecosystem increased during the last week of May.

Between May 27 and June 1, startups raised $217.84 million in 31 agreements, a 273% increase over the previous week’s $58.36 million in 16 deals.

Seed funding fell sharply this week, with firms at this stage receiving $7.7 million. This was a 41% decrease from last week’s $13.12 million.