Exclusive: Infibeam launches RediffPay app for UPI payments.

This week, the Indian startup ecosystem experienced a significant surge in funding, with 36 startups collectively raising over $628.24 million, marking a 174.5 percent increase from the previous week. The funding was primarily driven by edtech company Physics Wallah (PW), which raised $210 billion in its Series B round, boosting its valuation to $2.8 billion. Hornbill Capital led the round, with substantial involvement from Lightspeed Venture Partners, GSV, and WestBridge. The week featured 14 growth-stage and 17 early-stage deals, reflecting a favorable investment climate in India.