India, Feb. 21 -- Despite a slew of positive announcements at the ongoing India AI Impact Summit this week, fresh capital inflow into the Indian startup ecosystem remained subdued.

Between February 16 and 20, 16 homegrown startups collectively raised $118.3 Mn - a sharp 69% drop from the $200.2 Mn secured across 31 deals in the preceding week.

However, the overall funding number received a major boost from Spinny's $170 Mn Series G round, which was reported last Saturday (February 14). Including the mega funding round, Indian startup funding zoomed 42% week-on-week to $285.3 Mn.

Funding Galore: Indian Startup Funding Of The Week [Feb 16 - 20]

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Funding Round Size

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