From Boldfit To Origin — Indian Startups Raised About $236 Mn This Week
Startup funding continued to pick up pace in the second week of October. Overall, Indian new-age tech ventures raised $236.2…
In the second week of October, Indian new-age tech startups raised a total of $236.2 million across 25 deals. This marked a 92.2% increase compared to the previous week, when startups raised $122.9 million. Among the sectors that saw significant funding, AI attracted the most capital, pulling in $53.4 million from six deals. Ecommerce and travel tech followed, with $48.3 million and $34.6 million raised, respectively.
Advanced hardware and technology also saw substantial investment, totaling $23.2 million. Early-stage funding remained strong, with pre-seed and seed-stage startups raising $25.9 million across 11 deals. Accel was the most active investor, funding four startups during the week.
Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
