ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-year - The Economic Times

Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw a decline compared to the previous year. Late-stage deals dominated the funding landscape, accounting for the majority of the capital deployed.

Raccontata daeconomictimes.indiatimes.com