Indian Startup Funding Drops 47% in Early October
Indian startups raised $122.9 million across 25 deals from October 5 to 9, a sharp drop of nearly half compared to $233.6 million last week. Ecommerce took the lead, drawing $63.9 million, with DailyObjects accounting for over half that. Early-stage startups saw $12.5 million in pre-seed and seed rounds. Multiple acquisitions and IPO updates marked a busy week for exits, even as investment slowed.
- $122.9M raised in 25 deals this week
- Funding down 47% from the prior week
- Ecommerce led with $63.9M in 9 deals
- Fintech, hardware, edtech, and healthtech followed
- Major IPOs and acquisitions also announced
Sources covering this
More in Startups
Kapta Space raises $24M to scale satellite radar hardware
Kapta Space, a Seattle startup making lower-cost, steerable radar for satellites, just raised $24 million in Series A funding.
Flock Safety reduces staff amid privacy and accuracy scrutiny
Flock Safety, which develops AI-based surveillance cameras and vehicle tracking devices, is set to cut roughly 18% of its…
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI, maker of the Jev AI model, has raised $870 million in funding at a $7.5 billion valuation, according to a Bloomberg report.