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accel: ETtech Deals Digest: Startups raise $180 million this week, up 28% on-year

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Startups raised around $180.3 million between August 30 and September 5, a 28.3% increase from the $140.6 million raised during the same period last year, according to data from Tracxn.

The tally was also more than double the $88.9 million raised the previous week.

Deal activity, however, fell on a year-on-year (YoY) basis, with 19 transactions recorded this week compared with 51 a year earlier.

Top deals of the week

CityMall: Community ecommerce startup CityMall, which caters to non-metro consumers, raised $47 million in a funding…

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