Indian startups snap back raising $204 million in five days after weeks of funding slowdown

A 5X jump hides seed funding nearly drying up

Indian startups recorded a rebound in the last week of April, raising $204 million across 19 deals from April 27 to May 1, about five times last week’s total. Fintech led with $57.5 million, while seed-stage funding fell sharply to $4.6 million. Meanwhile, IPO buzz grew around Kissht, MakeMyTrip, Spinny, and Acko.