Indian startups performed well in the second week of February. About $200 million (about Rs 1650 crore) was raised in 31 deals. This is an increase of more than 53 percent over the previous week. Startups in the e-commerce and health tech sectors were at the forefront of getting investments.

This week also witnessed big acquisitions. USV acquired a majority stake in a company called Wellbeing Nutrition. Hindustan Unilever (HUL) acquired the entire stake in OZiva. In addition, it was decided to acquire Singaporean company Zenyum, the parent company of Toothsi.

There were also active movements in the stock market (IPO). While AI company Fractal's IPO received a strong response, Aye Finance did not get as many investors as expected. This week, investors showed more interest in startups that serve other businesses (B2B) than companies that target ordinary consumers (B2C).