Venture capital funding into Indian startups saw a sharp rise this week after two weeks of subdued inflow as investors spread their bets across sectors, with AI leading the way.
The total funding for the third week of July came was $431 million across 23 deals.
In comparison, the previous week saw VC funding of just $107 million.
This funding increase should also be seen in the context of number of deals.
The previous week saw a total of 27 transactions but this week there were 23, which shows that higher value transactions is the real determinant of fund inflow.
