Venture capital funding into Indian startups fell in the first week of May, driven by fewer deals and the absence of high-value transactions. Total funding came in at $129 million across 19 deals, down from $219 million the prior week. Skyroot Aerospace’s $60 million round stood out, but weekly deal counts stayed around 20 amid macro uncertainty.
Startups raised about $46 million in the week ending 17 February, a sharp drop from the $135 million raised in the same period last year, according to Tracxn data. The steep 66% year-on-year decline signals a cooling funding environment as investors become more selective and deal flows slow.
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