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.

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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.

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

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

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

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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.

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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.

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