On this page
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%.
The numbers
Figures from Inc42,
| Ecommerce funding across nine deals: | $63.9 Mn |
|---|---|
| Marico additional Plix stake: | 24.09% |
Why it matters to operators and investors
Total funding fell 47.4% week-on-week to $122.9 Mn across 25 deals, but ecommerce still drew over half at $63.9 Mn, and the approval of Swara Baby Products' ₹1,000 Cr IPO hints at an opening exit route.
What to watch next
- Next week's Indian startup funding total against this week's $122.9 Mn and 25 deals
- Ecommerce funding staying near or falling below this week's $63.9 Mn across nine deals
- Swara Baby Products' IPO filing, price band or listing date announcements
- Another FMCG or consumer group announcing a stake increase or acquisition in a D2C brand
- Further Series B/C or later-stage D2C rounds of a size comparable to DailyObjects' $34.3 Mn