Funding
Flipkart: ETtech Deals Digest: Startups raise $796 million in February; down 1.2% on-year
[ad_1]
Startups raised $795.7 million in funding across 94 rounds in February, led by Flipkart‘s $81 million infusion into its fashion retailer, Myntra.
This marks a 1.2% decline compared to $805 million raised across 193 rounds in the same month last year. This is also nearly 30% lower than the capital raised in January, according to data from private market intelligence platform Tracxn.
February saw the highest investment volume into early-stage startups, with companies raising nearly $356 million, followed by late-stage startups.
Here are the top deals this…
[ad_2]
Source link
Continue Reading
You must be logged in to post a comment Login