From Snitch To Stable Money — Indian Startups Raised $134 Mn This Week

Startup Funding Gathers Steam in June; IPO Activity Picks Up Pace

Indian Startups Regain Funding Momentum, Raise $134 Mn in Early June Ecommerce and Fintech Sectors Lead Revival; IPO… The post Startup Funding Gathers Steam in June; IPO Activity Picks Up Pace appeared first on IMP.NEWS.

From Snitch To Stable Money — Indian Startups Raised $134 Mn This Week

The volatility in the funding trends across the Indian startup ecosystem continued in the first week of June. After plunging significantly in the last week of May, investment activity gradually gathered steam. Between June 2 and 7, Indian startups cumulatively raised $134.4 Mn across 16 deals, marking a 45% uptick from the $92.9 Mn raised by 15 startups in the previous week. The funding trends remained largely restricted to the ecommerce and fin…