Funding and acquisitions in Indian startup this week [Aug 18- Aug 23]

During the week, 16 Indian startups raised a total of $283.33 million, including 5 growth-stage and 9 early-stage deals, while 2 startups kept their funding undisclosed.

In comparison, the previous week saw 29 startups across early and growth stages secure around $340.55  million.

[Growth-stage deals]

Growth and late-stage funding this week stood at $271.7 million, led by Weaver Services, a tech-driven housing finance platform, which raised $170 million from Lightspeed and Premji Invest. AI firm Amnex Technologies followed with a $52 million round,…