ettech deals digest

Startup funding in the last week of February 2024 fell about 59% in volume terms to 12 deals from the same period a year ago, totalling $171 million.Companies in seed, early and late-stages had raised about $186 million from 29 rounds in the period from February 23 to March 1, 2023, as per data from Tracxn. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

Startup funding in the penultimate week of February 2024 fell about 32% from the same period a year ago, totalling $83 million across 20 different deals.Companies in seed, early and late-stages had raised about $122 million from 26 rounds in the period from February 17 to February 23, 2023, as per data from Tracxn.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science For…

Startup funding in the third week of February 2024 rose by about 77% from the same week a year ago, totalling $143.6 million across 21 different deals.Companies, across seed, early and late-stages, had raised about $81 million from 32 rounds in the period from February 10 to February 16, 2023, as per data from Tracxn.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML…

Startup funding in the last week of January 2024 went up by about 97% from the same period a year ago, totalling $93.8 million across 11 different deals. Companies, across seed, early and late-stages, had raised about $47.6 million across 18 rounds in the period from January 27 to February 2, 2023, as per data from Tracxn.The most significant amount of capital raised in the week was in early-stage funding, at about $67 million, accounting for 71.4% of the overall deal value. This was followed by $15 million in the late…

With no respite from the funding squeeze, investments in startups in the second week of 2024 dropped about 70% on year, totalling $102.1 million across 26 different deals.Companies, across seed, early and late stages, had raised about $288 million in the period from January 6 to 12, 2023, as per data from Tracxn.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIndian School of BusinessISB Professional…

A total of 11 startups raised $511.47 million in the December 9-15 week, with a sizable 66.5% chunk coming from business-to-business ecommerce startup Udaan’s funding round, according to data from Tracxn. This compares to $175 million raised by 31 companies in the same week a year ago.Sequentially, however, the latest week saw a 20% drop in terms of volume and a 4.8X jump in value.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science &…

In a major push for the government-backed Open Network for Digital Commerce (ONDC), ecommerce giant Amazon on Friday committed to joining the platform with its logistics and SmartCommerce offerings. This and more in today’s edition of ETtech Top 5.Also in this letter:■ Cricketer Deepak Chahar, wife Jaya float sports tech venture ■ Glance surpasses 30 million users in Indonesia, Roposo launch soon■ IMF lays out crypto action plan, bats against legal tender statusAmazon to board ONDC with logistics, SmartCommerce offerings…