[Funding Galore] From Fi Money To FitterFly — $189 Mn Raised By Indian Startups This Week

[Funding Galore] From Fi Money To FitterFly — $189 Mn Raised By Indian Startups This Week

SUMMARY

The Indian startup ecosystem has raised around $189 Mn across 29 deals between July 18 and 23, 2022

The week saw edtech unicorn UpGrad acquiring Harappa Education for $38 Mn

This week also reported IPO-bound PharmEasy to raise $200 Mn at a 15%-25% discounted valuation

After a slight uptick in funding in the second week of July, the funding has dropped again. Between July 18 and 23, the startup ecosystem has managed to raise a mere $189 Mn across 29 deals. This is a 58% drop from $448 Mn that the ecosystem raised the previous week across 30 deals. 

The week did not witness any mega round or any new unicorn being minted. 

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.