Indian startups raise nearly $170 million this week as early-stage leads
Business
Indian startups pulled in nearly $170 million from 18 funding rounds this week, with Veriqus Group, Raghu Vamsi Aerospace Group, and Neo Group leading the way.
Most of this money went to early-stage companies, showing investors are still excited about new ideas, even if things are a bit slow overall.
Early-stage 50.1% as weekly funding falls
Half of all funds raised (50.1%) went to early-stage startups, while late-stage deals made up 45% and seed rounds just under 5%.
Still, it's clear the pace has dropped: this week's total is down 51% from last week and almost 39% lower than the same time last year.
So far in July, startup funding is at $820 million (way behind June's $1.91 billion), hinting that investors are being a little more cautious lately.