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Article: ETtech Deals Digest: Startups raise $139 million this week, down 59% on-year

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5 / 10

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Indian startups raised $139.1 million between March 7-13, a 59% decline compared to the same week last year. Deal activity also slowed, with only 21 transactions recorded versus 51 the previous year.

The funding total was also 11.5% lower than the amount raised in the preceding week of this year. Major deals included a $40 million round for enterprise tech startup Mozark and raises by Mosaic Wellness and Nurix AI.

The main topics covered are the significant decline in weekly startup funding and deal count, a comparison to prior periods, and examples of the largest individual funding rounds.

Original URL

https://economictimes.indiatimes.com/tech/funding/ettech-deals-digest-startups-raise-139-million-this-week-down-59-on-year/articleshow/129559665.cms

Source Feed

Tech-Economic Times

Published Date

2026-03-13 15:53

Fetched Date

2026-03-13 13:31

Processed Date

2026-03-13 13:31

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Present

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Not Clustered

Raw Extracted Content

Startups raised around $139.1 million between March 7 and 13, a decline of 59% compared to the $339 million secured during the same period last year, according to data intelligence platform Tracxn.
This weekâs tally was around 11.5% less than the $157.3 million raised in the previous week this year.
The deal activity also slowed significantly this week, with 21 transactions recorded compared with 51 in the same week last year.
Top deals of the week
Mozark: Enterprise tech startup Mozark raised $40 million in a funding round led by International Finance Corporation (IFC) and RMB Capitalworks, with existing investor Kalaari Capital also participating.
Mosaic Wellness: Health and wellness startup Mosaic Wellness raised around $21.7 million in primary capital from alternative asset manager 360 ONE Asset.
Nurix AI: Mukesh Bansal's AI venture Nurix AI raised $14.7 million from investors, including Prosus and General Catalyst, among others.
This weekâs tally was around 11.5% less than the $157.3 million raised in the previous week this year.
The deal activity also slowed significantly this week, with 21 transactions recorded compared with 51 in the same week last year.
Top deals of the week
Mozark: Enterprise tech startup Mozark raised $40 million in a funding round led by International Finance Corporation (IFC) and RMB Capitalworks, with existing investor Kalaari Capital also participating.
Mosaic Wellness: Health and wellness startup Mosaic Wellness raised around $21.7 million in primary capital from alternative asset manager 360 ONE Asset.
Nurix AI: Mukesh Bansal's AI venture Nurix AI raised $14.7 million from investors, including Prosus and General Catalyst, among others.