Indian startups cumulatively raised $217.84 Mn via 31 deals, a 273% increase from last week's $58.36 Mn raised across 16 deals
The ecommerce sector emerged to be the investor favourite this week, with startups in the space bagging $56.2 Mn across five deals
Venture Catalysts was the most active investor this week, backing four startups
After muted funding trends over the past two weeks, investment activity in the Indian startup ecosystem picked up pace during the final week of May. Between May 27 and June 1, startups raised $217.84 Mn across 31 deals, a 273% increase from last week’s $58.36 Mn bagged across 16 deals.