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ETtech Deals Digest: Startups raise $159 million this week, down 7.2% on-year

ETtech Deals Digest: Startups raise $159 million this week, down 7.2% on-year

Time of India5 hours ago

Startups raised around $159.2 million during the week of June 14 to 20, a 7.2% drop from the $171.6 million raised during the same period last year, according to data from
Tracxn
.
The tally also marked a 0.7% decrease over the $160.3 million raised last week.
Deal activity, too, remained muted this week, with 14 transactions recorded during the period. This was less than half of the 36 deals seen in the corresponding week last year.
ETtech
Top deals of the week
Aspora:
Y Combinator-backed cross-border payments startup
Aspora raised $53 million
in
Series B funding
, co-led by Sequoia and Greylock, with Quantum Light Ventures also contributing to the round.
Live Events
Pop:
Consumer payments platform Pop secured $30 million in funding from
digital payments firm Razorpay.
Discover the stories of your interest
Blockchain
5 Stories
Cyber-safety
7 Stories
Fintech
9 Stories
E-comm
9 Stories
ML
8 Stories
Edtech
6 Stories
Mahaveer Finance
:
Chennai-based non-banking finance company Mahaveer Finance raised around $23.1 million in an equity funding
round that was led by Elevation Capital
, along with participation from Banyan Tree Finance and First Bridge Capital.
ETtech

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