{"id":8768,"date":"2026-05-17T18:01:28","date_gmt":"2026-05-17T18:01:28","guid":{"rendered":"https:\/\/entestartup.com\/?p=8768"},"modified":"2026-05-17T18:01:31","modified_gmt":"2026-05-17T18:01:31","slug":"indian-startup-funding-surges-this-week","status":"publish","type":"post","link":"https:\/\/entestartup.com\/en\/indian-startup-funding-surges-this-week\/","title":{"rendered":"Indian startup funding surges this week"},"content":{"rendered":"
Indian startup funding surged this week, led by a mega funding round of $240 million raised by Rapido. 15 startups raised a total of $303 million, a 129 percent increase over the previous week. However, excluding Rapido\u2019s big funding, the total investment this week would have been down 52 percent.<\/p>\n\n\n\n
New venture capital fund announcements and significant acquisitions were also made this week. Metal Capital, which has raised $350-400 million, and 3one4 Capital, which is targeting $225 million, announced new funds. In addition, US platform Numero acquired Chennai-based Royoo, Incred Capital acquired Singapore-based S Cube Capital, and Rays Financial Services acquired GIBL.<\/p>\n\n\n\n
In other major developments in the startup space, electric vehicle maker Simple Energy is set to raise Rs 126.7 crore. EaseMyTrip has also approved a plan to raise Rs 500 crore through a rights issue. In addition, software giant Zoho has also invested Rs 70 crore in ONDC to reach out to more customers.<\/p>","protected":false},"excerpt":{"rendered":"
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