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From GIVA To EloElo Group — Indian Startups Raised $255 Mn This Week

StartupsNovember 7, 20261 min readAttributed summary
From GIVA To EloElo Group — Indian Startups Raised $255 Mn This Week
Twenty startups cumulatively raised $255 Mn between November 2 and 6, up 96% uptick from $130.3 Mn raised last week. However, deal count declined 38% week-on-week to 20 On the back
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Twenty startups cumulatively raised $255 Mn between November 2 and 6, up 96% uptick from $130.3 Mn raised last week. However, deal count declined 38% week-on-week to 20

On the back of GIVA’s mega $103 Mn fundraise, ecommerce emerged as the most funded sector this week

Omnivore emerged as the most active investor this week, backing altM and Two Point O Capital

Startup funding activity gathered steam in the first week of November. As per Inc42 data, 20 Indian startups cumulatively raised $255 Mn between November 2 and 6. This marks a 96% uptick from $130.3 Mn raised last week.

However, deal count declined 38% to 20 as against 32 in the preceding week.

Source: Inc42

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