From DailyObjects To StockGro — Indian Startups Raised About $123 Mn This Week

What happened

Startups raised $233.6 Mn raised across 16 deals last week. DailyObjects’ $34.3 Mn Series C (an early stage of company funding) emerged as the biggest contributor, accounting for over half of the total capital deployed in the segment.

Edtech and healthtech secured $9 Mn and $8 Mn, respectively. Indian startup funding fell 47.4% in the first week of October, with 25 startups raising $122.9 Mn between October 5 and October 9.

Fintech ranked second with $24 Mn in funding, followed by advanced hardware and technology at $10 Mn. Early-stage funding gained traction, with pre-seed and seed-stage startups collectively raising $12.5 Mn across nine deals.