According to the financial market funding rates are slowing down in Indian startups that continued during the week of February 20 and 24. This venture dropped by 79%lower over a year that mark is nearly $250 million.
In the last year this week, only the Indian startup financial startups have raised nearly $1.17 billion. And this was impressive progress. Based on the weekly reports as almost 17% lower than the previous week where startups are funding around $300 in 23 rounds.
This week funding and rounds of upskilling platform NxtWave raised $33 million and SAAS startup Mintoakraised $20 million. These are the two bigger rounds. 13% of the funding is coming through just in the seed stage startups hence only 37% was invested in the early stage firms according to the supplied data from Tracxn.
Edtech startup NxtWave raised $33 million. The upskilling platform NxtWave raised $33 million. Existing ventures of investors the Orios Venture Partners also come in this round.
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