Startups raised around $297.5 million between November 1 and 7, a huge 208% increase from the $96.3 million raised during the same period of the previous year, according to data from Tracxn.
However, the funding amount was 33% less than the $446 million of the previous week.
ETtech
Deal activity, however, fell on a year-on-year (YoY) basis, with 22 transactions recorded this week compared with 36 a year earlier.
