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Pentathlon Ventures announces close of maiden fund at $10m
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Pentathlon Ventures Debuts VC Fund Worth INR 76 Cr
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[Weekly funding roundup] Venture investments begin on a tepid note for month of March
Venture funding for first week of March was little under $50 million with lower number of deals, but debt financing was higher at $55 million
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The first week of March has not begun on a positive note for the Indian startup ecosystem with decline in venture funding when compared to the last week of February.
The week saw total venture funding of $49 million spread across 14 deals. This compared poorly with the last week of February, where the amount had touched $403 million.
Although, the positive highlight of the week was debt venture fund, which actually had a higher amount when compared to the equity funding. There were four debt deals during the week which garnered $55 million.
[Funding alert] Edtech startup ImaginXP raises $1 5M led by Venture Catalysts
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