From Neo To Atlys— Indian Startups Raised $228 Mn This Week
by Akshit Pushkarna · Inc42SUMMARY
- Twenty one startups raised $228.4 Mn between March 16 and 20, marking a 11% from the $206.5 Mn raised across 22 deals in the previous week
- 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
- Peak XV Partners was the most active investor this week, backing Atlys, BambooBox and Grapevine
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Funding momentum across the Indian startup ecosystem continued to remain stable this week amid heightened geopolitical uncertainties shaking up global markets. Twenty one startups raised $228.4 Mn between March 16 and 20, marking a 11% from the $206.5 Mn raised across 22 deals in the previous week.