Indian startups raised a total of $203.4 million in funding across 21 deals during the week of September 21–25. This represents a 3.4-fold increase compared to the previous week. The AI ​​sector secured the highest share of this funding ($89.3 million).

Key highlights of the week included progress on the IPOs of Moneyview and AceVector (Snapdeal's parent company), as well as Spinny filing its DRHP. Furlenco's IPO plans also garnered market attention.

The central government is considering the creation of a new fund to support the artificial intelligence sector. Additionally, the announcement of a new investment partnership between Nykaa and L'Oréal's BOLD (Business Opportunities for L'Oréal Development) was a significant financial news story this week.