India's startup ecosystem secures $265 million through 16 deals this week - Full Details

India's startup ecosystem is on an upward trend, securing over $265 million across 16 deals this week. The most notable was Bluestone, an omnichannel jewellery startup, which raised $107.2 million in a pre-IPO round. Key sectors included fintech, e-commerce, and D2C brands, with early-stage startups seeing significant activity. Bengaluru and Delhi-NCR stood out as leading regions for funding.

In fintech, Aye Finance secured a $25 million loan from Goldman Sachs (India), while lending startup Axio received $20 million from the Amazon Smbhav Venture Fund. The e-commerce sector was the top performer, attracting $148.7 million across four deals.