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Startup funding moderates weekly as large funds close capital rounds
Indian startup funding cooled last week, though large institutional funds raised fresh capital for AI and consumer investments, indicating sustained long-term sector confidence.
Indian startups raised $133 million across 18 deals last week, marking a 32% decline from the prior week. Artificial intelligence and fintech remained key funding recipients. Nexus Venture Partners closed a $700 million fund targeting AI and consumer tech investments, while Fireside Ventures secured INR 2,265 crore for its fourth consumer-focused fund, reflecting continued long-term institutional interest despite short-term deal moderation.