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[Weekly funding roundup Sept 19-25] VC inflow gets the debt boost

Venture capital funding into Indian startups rebounded sharply in the last week of the month, driven by a few large deals.

Tarun Mottlia

Via YourStory

·Excerpt

Startups raised a total of $382 million across 21 transactions during the week, compared with just $99 million across the previous week.

There were 21 deals this week, of which 11 were in the pre-Series A category, accounting for $11 million in funding. The sharp increase in overall funding was driven largely by a few sizeable transactions involving DMI Finance, Ultraviolette, and Ema.

Though there has been an increase in funding, the biggest contributor was DMI Finance at $152 million…

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