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Startups raised around $62.1 million during the week of July 5 to 11, marking a 34.3% drop from the $94.5 million raised during the same period last year, according to data from Tracxn.
The amount also marked a 72% decrease over the $221.4 million raised last week.
Deal activity, too, remained muted this week, with 16 transactions recorded during the period. This was nearly half of the 30 deals seen in the corresponding week last year.
Top deals of the week
Khetika: Mumbai-based healthy foods company Khetika raised $18 million in a funding round from…
