Deals · Updated 16 Oct, 10:17 pm IST
Weekly startup funding in India at $231.5M; Boldfit tops deals
Why it matters for readers: Tells you which startups raised the most money and that weekly funding can swing significantly year-on-year.
- Total funding was $231.5 million across 26 rounds in the week ended October 16, per Tracxn data reported by ETtech.1
- Boldfit led the week with about Rs 400 crore (roughly $41.5 million) from The Wealth Company Alternates of the Pantomath Group.1
- Other top financings included GreenCell Mobility ($34.5M), Inner Sky Labs ($30.9M) and Scimplify ($25M).1
- Early-stage deals made up 51.3% of capital raised, late-stage transactions 38.9%, and seed-stage 9.8%.1
- Investors active during the week included Accel, Elevation Capital and Pantera Capital, each backing multiple startups.1
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