Startups raised around $125.7 million during the week of July 26 to August 1, marking a 34.6% decline from the $192.1 million raised during the same period last year, according to data from Tracxn.
ETtech
The funding amount declined from the previous week as well, dropping 40.5% from $211.3 million.
Deal activity, too, declined this week on a year-on-year (YoY) basis, with 17 transactions recorded during the period, compared to the 45 deals seen in the corresponding week last year.
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