From Zolve To InsuranceDekho — Indian Startups Raised $288 Mn This Week

From Zolve To InsuranceDekho — Indian Startups Raised $288 Mn This Week

SUMMARY

Indian startups raised $288 Mn across 24 funding deals, marking a142% week-on-week rise

Zerodha’s Nikhil Kamath launched WTF Fund, a funding and mentorship programme for entrepreneurs under the age of 22

Fuelled by Zolve’s funding, the fintech sector emerged as the most funded sector this week, raising $206.7 Mn across six deals

Continuing the funding momentum from the previous week, the second week of October witnessed Indian startups bagging $288 Mn across 24 deals. This week’s funding marks a 142% increase from the $119 Mn secured by Indian startups in the previous week across 11 deals. Additionally, this week also saw a mega deal, as fintech startup Zolve bagged $100 Mn in a debt funding round. 

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