Unicorn startup Xendit held "XenConnect, an in-person networking event that gave locally based startups a platform to reach industry-leading venture capitalists.
Indian startups secured $146 million in funding across 22 rounds this week, down 70% from last years $494 million across 46 rounds, according to market research firm Tracxn.
The latest round of funding will help scale the companys experience store model across Tier II and III markets in India, as per a statement. These stores facilitate access to garment samples and catalogues for fashion retailers and wholesalers.