Indian startups raise $112 million funds this week

New Delhi, Apr 22 (KNN) Indian startups have raised USD 112 million funds across 11 rounds, as per Tracxn. 

According to the data provided by the market intelligence firm the funding for Indian startups remained muted this week.

The funding raised by startups this week represents a 72 per cent dip from the same period last year, when startups had raised USD 407 million, across 62 rounds.

Finding fell by 49 per cent from the USD 221 million raised across 28 rounds compared to last week. 

Early-stage investments stood at USD 79.3 million, representing 71 per cent of the total funds raised this week.

While seed-stage investment was at USD 5.5 million, representing 5 per cent of the total investment.   (KNN Bureau)