From Neo To Atlys— Indian Startups Raised $228 Mn This Week

by · Inc42

SUMMARY

  • Fintech segment overtook ecommerce in terms of sectoral funding trends on the back of Neo Group’s $53.4 Mn and Ecofy’s $42 Mn fund raise this week
  • Seed funding for the week increased 12% to $12.9 Mn from $11.5 Mn raised last week
  • Peak XV Partners was the most active investor, backing Atlys, BambooBox and Grapevine this week