Weekly startup funding falls to $232 million, down 45% year-on-year

Weekly startup funding in India reached $232 million, down 45% year-on-year, according to ET Tech's deals digest. Boldfit led the week 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 and Pantera Capital also made investments during the week.

Source: ET Tech ↗