Indian tech and startup funding rose to $231.5 million across 26 rounds during the week ended October 16, more than double the previous week's tally, per data from Tracxn. However, this was 45.3% lower than the same period last year.
Boldfit led deal activity with $41.5 million, followed by GreenCell Mobility at $34.5 million, Inner Sky Labs at $30.9 million, and Scimplify at $25 million. Accel was among the most active investors, backing Scimplify, Origin, and CosmoChute. Elevation Capital invested in Mesa School of Business and Spill Games, while Pantera Capital backed Fission Labs.
