The Indian startup ecosystem has raised around $448 Mn across 30 deals between July 11 and 16, 2022
The week saw LifeCell acquiring troubled telemedicine startup MFine to create a new entity LifeWell
In this week, two startups turned unicorn – fintech startup OneCard, and Blockchain startup 5ire
After a bitter start to the month, the second week of July saw a major uptick in the funding amount. Between July 11 and 16, the Indian startup ecosystem has managed to raise $448 Mn across 30 deals. This is a 286% increase from $116 Mn that Indian startups raised last week across 24 deals.
Most active investor of the week is Y Combinator as it participated in 3 deals this week.