SynopsisIndian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million across 82 investment rounds. Late-stage deals represented the majority of capital raised during the month. Key investors like Inflection Point Ventures and Rainmatter were actively involved. Funding activity slowed considerably in the final week of July.Mumbai: Funding in the Indian tech and startup space halved to $886.4 million across 82 rounds in July from $1.91 billion in June, according to Tracxn, a market intelligence firm. The monthly tally, however, was 17.2% higher than July last year.This July, the funding was led by Udaan’s $160 million equity-and-debt transaction, Yotta Data Services’ $150 million financing, and Emergent’s $130 million fundraise. Late-stage deals accounted for 64.2%Now Playing
ETtech Deals Digest: Udaan, Yotta drive July tech funding to $886 million, up 17% on-year - The Economic Times
Indian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million across 82 investment rounds. Late-stage deals represented the majority of capital raised during the month. Key investors like Inflection Point Ventures and Rainmatter were actively involved. Funding activity slowed considerably in the final week of July.
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