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India startup funding cools as capital intake contracts materially week on week
India startups raised two hundred thirty seven point eight million dollars last week, down thirty six percent, while MoEngage, Spacewood and Miko led deal tables with concentrated late stage raises.
Indian startups raised two hundred thirty seven point eight million dollars across twenty deals last week, marking a thirty six percent drop compared to the previous period, signalling tactical reservation among late stage and crossover pools. MoEngage led with a one hundred million dollar Series F co-led by Goldman Sachs and A91 Partners, Spacewood Furnishers secured three hundred crore rupees (approximately thirty six million dollars), and robotics firm Miko raised ten point five million dollars from iHeartMedia. Analysts said this week highlights the selective capital concentration phase of late cycle Indian venture markets.