Indian startups raised $567.5 Mn across 19 deals between June 9 and 14, a 322% jump from the previous week.
Fintech dominated with an infusion of $339.7 Mn, followed by ecommerce at $172 Mn; Groww, CRED, and Spinny secured substantial funding.
Seven startups at the seed stage raised $14.1 Mn, marking an 83% increase from the previous week.
PharmEasy-backed ArisInfra filed for a $66 Mn IPO, while Meesho and Wakefit made significant IPO progresses.
Mergers & acquisitions included Nazara acquiring Curve Games, WLDD acquiring Imagined Studio, and ICRA purchasing Fintellix.
Other notable funding and acquisitions include Infibeam's plans for a $91.5 Mn raise, GIVA's $450 Cr raise, and Rapido looking to secure $15 Mn from Nexus Venture Partners.
AbleCredit is set to raise $5 Mn, and Kazam is raising $6 Mn in a funding round led by Vertex Ventures.