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Funding and acquisitions in Indian startups this week [Oct 12- Oct 17]

This week, 28 Indian startups raised $302.85 million across 8 growth-stage deals, 21 early-stage deals, and 1 undisclosed round. Weekly Funding Report

Tarun Mottlia

Via Entrackr

·Excerpt
Funding and acquisitions in Indian startups this week [Oct 12- Oct 17]
Image: Entrackr

This week, 28 Indian startups raised $302.85 million across 8 growth-stage deals, 21 early-stage deals, and 1 undisclosed round. The week also saw 5 key appointments, 1 departure and a fund launch.

In contrast, 28 startups had collectively secured about $113.35 million in the previous week.

[Growth-stage deals]

Growth-stage startups raised $220.37 million across eight deals this week, led by Tessolve Semiconductor, a Hero Electronix company, which secured $75 million from US-based Vector Line Capital.

Homegrown sports brand Boldfit raised…

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