ETtech Deals Digest: Indian startups raise $160 million this week, up 75% on-year

Indian startups raised around $160.3 million during the week of June 7 to 13, a 74.7% jump from the $91.8 million raised during the same period last year, according to data from Tracxn.

The tally also marked a 12.4% increase over the $142.7 million raised last week.

Despite the rise in funding value, deal activity remained muted, with only 16 transactions recorded this week. This was less than half of the 34 deals seen in the corresponding week last year.