Indian Startup Funding — Startups Raised $88 Mn This Week

Between February 24 and March, Indian startups raised $88.3 Mn via 16 deals, a 43% decline from the $152.9 Mn across 17 deals last week

The week’s biggest funding round, Geniemode’s $50 Mn fundraise, helped ecommerce retain its spot as the investor favourite sector this week

Seven startups at the seed stage raised $5.7 Mn this week, marking a 62% decline from the $15.1 Mn raised by startups at this stage last week

Caught among disinterested foreign institutional investors, geopolitical tensions and uneven…