Indian Startup Funding — Startups Raised $48 Mn This Week

Eighteen startups cumulatively raised $47.8 Mn this week, a 74% decline from $186.1 Mn raised by 20 startups in the preceding week

While five startups at the Series A stage raised $16.7 Mn, eight startups at the seed stage raised $12.8 Mn

The enterprise services sector dominated the funding trends this week, with four startups cumulatively raising $12.2 Mn

After showing some signs of recovery in the first week of September, Indian startup funding took a major hit this…