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Indian startups attract $97.45 mn this week

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Mumbai, July 20: Indian startups continued to attract steady investor interest this week, raising a total of $97.45 million across 26 deals.
Despite global funding challenges, the Indian startup ecosystem maintained its momentum, with four growth-stage and 16 early-stage startups securing funds.
Six other startups raised capital but chose not to disclose the amount.
The total funding this week remained marginally up compared to the previous week, which saw 17 startups raise around $95 million.
However, this week witnessed more activity in terms of deal volume — indicating broader investor participation.
Bengaluru emerged as the top city in terms of deal count, with 11 startups securing funding.
It was followed by Mumbai with six deals, while Delhi-NCR, Chennai, and Pune also contributed to the weekly activity.
AI remained the most attractive segment this week with six deals, followed by e-commerce and healthtech with four and three deals respectively.
Other sectors like deeptech, fintech, and consumer tech also saw investor interest.
Seed-stage funding led the week with eight deals, followed by six pre-Series A and four pre-seed rounds.
Series A and Series B deals continued to support startups moving into their next growth phase. (IANS)

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