Weekly funding round-up! All of the European startup funding rounds we tracked this week (Aug. 10 – Aug. 14)

In the second week of August, venture capital (VC) funding into Indian startups saw a significant decline, with only Yulu's $93 million funding round providing a glimmer of hope. Last week's $323 million funding, while encouraging, ultimately fell into the usual range of $100-200 million. During this week, a total of $146 million was raised across 15 deals, with only one noteworthy transaction.

Since the beginning of the year, VC funding on a weekly basis has surpassed $300 million only ten times. This indicates the ongoing struggle the ecosystem faces in raising substantial capital. In 2025, the total funding raised is projected to be around $12.1 billion, potentially matching last year's level or slightly exceeding it.

This week's limited deal activity and lack of investor spread across sectors highlight the need for a revival in large deal momentum to boost the fund raise. Nevertheless, the Indian startup ecosystem remains robust, as evidenced by the funding raised by various VC firms so far this year. Yulu, an electric mobility-as-a-service (MaaS) startup, led the funding round with $93 million from GEF Capital Partners.

Other notable deals include Centricity, a wealth management startup, which raised Rs 280 crore ($29.3 million) from several investors; Lightspeed India Partners, Burman Family Office, RAAY Investments, Kuldeep Rathi Family Office, Stride Venture, and Innoven Capital; and FA Gifts, an online gifting platform, and Bakingo, a bakery brand, which raised nearly Rs 100 crore ($10.4 million) from Faering Capital.