ETtech Deals Digest: Startup funding soars to $748.5 million this week

Startups raised around $748.5 million in the third week of June, largely driven by the $665 million funding secured by Mumbai-based quick commerce company Zepto.

This marks a nearly eightfold increase compared to the previous week and a rise of almost four times from the $199 million raised during the same period last year.

This week, startups raised funds through 23 rounds, compared to 34 rounds in the same period last year, according to data from Tracxn.