Indian Startup Funding — Startups Raised $125 Mn This Week

Between February 3 and 8, Indian startups cumulatively raised $124.6 Mn via 21 deals, marking a 36% decline from the $195.5 Mn raised across 24 deals in the preceding week

Fintech emerged as the top sector in terms of investment this week, on the back of the biggest funding round which saw B2B fintech startup Cashfree raising $53 Mn in its Series C funding round

Seven startups at the seed stage raised $7.1 Mn during the timeframe, down 67% from the preceding week

A slump in the investment activity across the Indian…