Tech

Funding and acquisitions in Indian startup this week [Aug 11- Aug 16]

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During the week, 29 Indian startups raised a total of $340.55 million, including 9 growth-stage and 20 early-stage deals, while 2 startups kept their funding undisclosed.

In comparison, the previous week saw 30 startups across early and growth stages secure around $205.31  million.

[Growth-stage deals]

Growth and late-stage funding this week totaled $244.11 million, led by healthtech startup Truemeds, which raised $85 million in its Series C round. Quick commerce unicorn Zepto followed with a $46 million round led by Motilal Oswal Financial Services…

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