From Captain Fresh To Amber — Indian Startups Raised $125 Mn This Week

From Captain Fresh To Amber — Indian Startups Raised $125 Mn This Week

SUMMARY

Indian startups raised $125 Mn in funding across 18 deals this week, a 25.5% dip from the previous week

B2B seafood startup bagged $25 Mn in funding from British International Investment and Nekkanti Seafoods, making the biggest funding round of this week.

ixigo’s parent Le Travenues Technology Ltd refiled its DRHP to raise INR 120 Cr via fresh issue of shares.

After a massive uptick in investment activity, the Indian startup ecosystem entered the slow funding lane in the second week of the ongoing month. Between February 12 and 19, startups collectively raised $125 Mn across 18 deals, which is a 25.5% dip from $168 Mn raised by 25 startups in the previous week.

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