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Economic Times

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Image Credit: Economic Times

ETtech Deals Digest: Indian startups raise $160 million this week, up 75% on-year

  • Indian startups raised $160.3 million during June 7 to 13, a 74.7% increase from the same period last year.
  • This week's funding marked a 12.4% rise over the previous week's total of $142.7 million.
  • Despite the higher funding amount, only 16 transactions were recorded, compared to 34 deals in the same period last year.
  • Top deals include Cred raising $72 million, Flexiloans securing $43.8 million, and Vecmocon Technologies raising $18 million.

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