Startups raised around $180.3 million between August 30 and September 5, a 28.3% increase from the $140.6 million raised during the same period last year, according to data from Tracxn.
The tally was also more than double the $88.9 million raised the previous week.
Deal activity, however, fell on a year-on-year (YoY) basis, with 19 transactions recorded this week compared with 51 a year earlier.
Top deals of the week
CityMall: Community ecommerce startup CityMall, which caters to non-metro consumers, raised $47 million in a funding round led by Silicon Valley-based venture capital firm Accel.
Seekho: Short-form learning startup Seekho raised $28 million in a funding round led by Silicon Valley venture capital firm Bessemer Venture Partners.
FirstClub: Quick commerce startup FirstClub raised $23 million in a funding round led by venture capital firms Accel and RTP Global, who had also co-led the previous round.
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The tally was also more than double the $88.9 million raised the previous week.
Deal activity, however, fell on a year-on-year (YoY) basis, with 19 transactions recorded this week compared with 51 a year earlier.
Top deals of the week
CityMall: Community ecommerce startup CityMall, which caters to non-metro consumers, raised $47 million in a funding round led by Silicon Valley-based venture capital firm Accel.
Seekho: Short-form learning startup Seekho raised $28 million in a funding round led by Silicon Valley venture capital firm Bessemer Venture Partners.
FirstClub: Quick commerce startup FirstClub raised $23 million in a funding round led by venture capital firms Accel and RTP Global, who had also co-led the previous round.
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