Indian Startup Funding — Startups Raised $232 Mn This Week

Between May 19 and 24, Indian startups cumulatively raised $231.7 Mn across 16 deals, marking a 53% uptick from the $151.6 Mn raised across 24 deals in the preceding week

While cleantech emerged as the investor favourite sector this week with three startups raising $89 Mn, fintech and ecommerce sectors also three deals materialise this week

UK’s British International Investment emerged as the most active investor this week, backing Euler Motors and CureBay

Investment…