Site icon Inc42 Media

[Funding Galore] From OneCard To VeGrow — $448 Mn Raised By Indian Startups This Week

[Funding Galore] From OneCard To VeGrow — $448 Mn Raised By Indian Startups This Week

After a bitter start to the month, the second week of July saw a major uptick in the funding amount. Between July 11 and 16, the Indian startup ecosystem has managed to raise $448 Mn across 30 deals. This is a 286% increase from $116 Mn that Indian startups raised last week across 24 deals.

The week further saw two new entrants to the unicorn club. While fintech unicorn OneCard touched $1.25 Bn in valuation after raising $100 Mn, blockchain startup 5ire entered the unicorn club with its Series A round of $100 Mn.


Most active investor of the week is Y Combinator as it participated in 3 deals this week.

The Indian Startup Funding Deals Of The Week

From The Startup Acquisition Desk

Startup Funds This Week

Other Developments From The Indian Startup Ecosystem

Exit mobile version