Indian startups raise $371 million in week ending Oct 31

Indian startup ecosystem remained active, with 30 companies raising a total of about $371 million in the week ending 31 October, marking a 19% increase from the previous week’s $312.5 million. Fintech startups led the charge, notably including a large secondary deal involving a major player. This uptick underscores investor interest in Indian tech startups despite broader global funding softness. Analysts say sustained momentum will depend on exits, profitability trends and regulatory clarity, especially for platforms operating across fintech and consumer verticals.