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The Economic Times
The Economic Times

ETtech Deals Digest: Startups raise $790 million in second week of May

Rapido’s $730 million funding round dominated startup investments this week, driving a sharp increase in overall deal value compared with both the previous week and the same period last year.

Indian startups raised about $790 million across 18 deals during the week, significantly higher than the $120.4 million raised across 19 rounds last week, according to data intelligence platform Tracxn. The figure was also higher than the same week in 2025, when startups raised around $119.8 million across 32 deals.

Besides Rapido’s late-stage round, early-stage companies secured $35.1 million, while seed-stage startups raised $12.1 million.

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