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Indian startups raise $122.9 Mn in a week, down 47.4%; DailyObjects leads with $34.3 Mn Series C

Indian startups raised $122.9 Mn across 25 deals between October 5 and October 9, down 47.4% from the prior week. DailyObjects led with a $34.3 Mn Series C, while Marico raised its Plix stake to 84.09%.

Startup funding, 5-9 October: weekly total, ecommerce and top deal
Weekly startup funding, 25 deals
$122.9 Mn
down 47.4%
Ecommerce funding, nine deals
$63.9 Mn
DailyObjects Series C
$34.3 Mn

Reported figures

From the report. Source details below

Ecommerce funding across nine deals: $63.9 Mn
Marico additional Plix stake: 24.09%
Marico Plix deal value: ₹1,012.03 Cr
Swara Baby Products IPO size approved: ₹1,000 Cr
AceVector listing price: ₹28.30

The source

Source Read the source at Inc42

Published

Also reported by Entrackr

First seen