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From Drools To Digantara — Indian Startups Raised $149 Mn This Week – Sigurd Ventures

The Indian startup ecosystem secured $149 Mn funding across 20 deals in the third week of June

Bengaluru-based pet food startup Drools bagged $60 Mn in a funding round from L Catterton at $600 Mn valuation

Fintech unicorn CRED has acquihired Y Combinator-backed micro-savings platform Spenny

During the third week of June, the Indian startup ecosystem experienced a dip in total funding raised. From June 19 to June 24, Indian startups secured $149 Mn across 20 deals.

This week’s funding is a 21.5% drop compared to $190 Mn raised between June 12 and June 17. However, this week’s funding is 13% higher than $132 Mn raised between June 5 and June 10, 2023. 

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