ETtech Deals Digest: Even, Different lead as weekly funding hits $246 million, down 27% on-year
Even Healthcare led deal activity with $50 million, followed by Different at $48 million, Baba Care at $40 million, and AuxoAI at $20.7 million. General Catalyst was among the most active investors, backing Baba Care and Different. Blume Ventures invested in Hunar.AI and Harajuku, while Seedstars participated in rounds of Hunar.AI and Karta.
During the week ending October 23, Indian tech and startup funding totaled $245.9 million across 22 rounds, marking a 6.2% increase from the previous week but a 26.7% decline compared to the same period last year. Healthcare emerged as the leading sector for deals, with Even Healthcare securing $50 million in a round led by Khosla Ventures and Alpha Wave.
Different secured $48 million in funding, followed by Baba Care at $40 million and AuxoAI at $20.7 million. General Catalyst and Blume Ventures were among the most active investors, backing Baba Care and Different, as well as Hunar.AI and Harajuku, respectively. Seed-stage deals comprised 25.2% of the capital raised, while early-stage transactions accounted for 70.8% of the total funding.
Late-stage companies received the remaining 4.1%. Top deals included Even Healthcare's expansion into hospital networks and Navitas Solar's plans to grow its solar value chain through a new manufacturing facility.
Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
