ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-year

Short summary

Indian startups raised $1.09 billion across 14 deals this week, with fintech giant Cred securing a $900 million mega-round and driving a 290% year-over-year surge. Late-stage investments dominated, backed by prominent VCs including Bessemer Venture Partners and Norwest. The spike reflects sustained investor appetite for Indian fintech and emerging AI startups.

• •$1.09B raised across 14 Indian startup deals
• •Cred's $900M round is largest, up 290% YoY
• •Late-stage VC appetite strong for fintech and AI

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