From Simple Energy To Arivihan — Indian Startups Raised Over $233 Mn This Week
Funding momentum in the Indian startup ecosystem continued through the final week of September. Homegrown new-age tech ventures raised…
Indian startups raised over $233 million across 16 deals in the final week of September, marking a 14.9% increase from the previous week despite a 23.8% decline in the number of deals. Cleantech led the funding with Simple Energy's $180 million Series C round. Proptech and agritech followed with $15 million and $10.4 million respectively.
Edtech startup Arivihan raised $10.2 million. Ecommerce saw four startups collectively raise $3.8 million. Alteria Capital led investor activity with three investments. Seed-stage funding remained lukewarm, with $3.3 million raised in four deals.
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