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Article: ETtech Deals Digest: Startups raise $157 million this week, down 32% on-year

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4 / 10

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Indian startups raised $157.3 million from February 28 to March 6, representing a 32.2% year-over-year decline from the same period last year. While funding saw a slight 3.3% week-over-week increase, deal activity slowed significantly with only 23 transactions compared to 50 last year.

The largest funding rounds included rural commerce platform Rozana ($30 million), electric mobility company Zeno ($25 million), and home services startup Pronto ($25 million).

The main topics covered are the overall decline in startup funding, the reduction in deal count, and the specifics of the top individual funding rounds for the week.

Original URL

https://economictimes.indiatimes.com/tech/funding/ettech-deals-digest-startups-raise-157-million-this-week-down-32-on-year/articleshow/129163774.cms

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Tech-Economic Times

Published Date

2026-03-06 15:38

Fetched Date

2026-03-06 13:30

Processed Date

2026-03-06 13:31

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Present

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Raw Extracted Content

Startups raised around $157.3 million between February 28 and March 6, a decline of 32.2% compared to the $231.9 million secured during the same period last year, according to data intelligence platform Tracxn.
This weekâs tally was around 3.3% more than the $152.2 million raised in the previous week this year.
The deal activity also slowed significantly this week, with 23 transactions recorded compared with 50 in the same week last year.
Top deals of the week
Rozana: Rural commerce startup Rozana raised $30 million in a funding round led by existing investors Bertelsmann India Investments and Fireside Ventures.
Zeno: Electric mobility Zeno raised $25 million through a combination of equity and debt financing. Congruent Ventures led the equity round. Trifecta Capital and Camber Road provided debt facilities.
Pronto: Home services startup Pronto raised $25 million in a round led by Epiq Capital, with participation from existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures.
This weekâs tally was around 3.3% more than the $152.2 million raised in the previous week this year.
The deal activity also slowed significantly this week, with 23 transactions recorded compared with 50 in the same week last year.
Top deals of the week
Rozana: Rural commerce startup Rozana raised $30 million in a funding round led by existing investors Bertelsmann India Investments and Fireside Ventures.
Zeno: Electric mobility Zeno raised $25 million through a combination of equity and debt financing. Congruent Ventures led the equity round. Trifecta Capital and Camber Road provided debt facilities.
Pronto: Home services startup Pronto raised $25 million in a round led by Epiq Capital, with participation from existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures.