Indian startups raised $402.6 million across 20 rounds during the week ended June 19, led by artificial intelligence startup Sarvam’s $234 million financing round, according to data intelligence platform Tracxn. The weekly tally was 79.2% higher than the previous week and 35.8% above the same period last year.
This came after startups raised $225 million across 19 rounds in the second week of June, when green hydrogen startup Hygenco’s $105 million round led deal activity.
