Funding and acquisitions in Indian startups this week [08-13 Jan]

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Funding and Acquisitions in Indian startups this
week 08-13 Jan

• The number of startup funding deals increased at
  an unprecedented rate during the second week of
  January.
• This week, as many as 31 Indian startups raised
  funding amounting to 157.3 million.
• Nine growth stage and nineteen early stage deals
  are among these deals.
• The transaction details of three startups
  remained undisclosed.

• Indian Startups Weekly Funding Highlights 8 Jan
  - 13 Jan 2024
• The number of startup funding deals increased at
  an unprecedented rate during the second week of
  January.
• This week, as many as 31 Indian startups raised
  funding amounting to 157.3 million.
• Nine growth stage and nineteen early stage deals
  are among these deals.
• The transaction details of three startups
  remained undisclosed.

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• Last week, around 17 growth and early stage
  startups collectively raised nearly 88.7
  million, including two undisclosed deals.

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• City and segment-wise deals
• Bengaluru- and Mumbai-based businesses topped the
  list in terms of the total number of funding
  transactions made per city, each with nine deals.
  
• This was followed by Delhi-NCR and Pune-based
  startups with six and three agreements,
  respectively.

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• Moreover, Ahmedabad, Surat, Chennai and
  Hyderabad-based startups joined the list with one
  deal each.
• The complete breakdown of the city and segment
  can be found at TheKredible.
• Series wise deals

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• This week, seed stage deals grabbed the top spot
  again with 11 deals followed by pre-Series A and
  Series A with 5 and 4 deals, respectively.
• Among the growth-stage startups Series C and
  Series B stand next with 5 and 3 deals.
• Week-on-week funding trend
• On a weekly basis, startup funding surged 77.3
  this week to 157.3 million as compared to 88.7
  million in the previous week.
• The average funding in the last eight weeks
  stands around 267 million with 22 deals per
  week.
• Fund launches
• This week also saw four startup focused fund
  launches including cash flow-based financing
  platform Velocity, Nikhil Kamath and Abhijeet
  Pai-led Gruhas, alternative-financing fintech
  platform GetVantage and SaaS-focused accelerator
  fund Upekkha.
• Get the complete information HERE.