Indian startup funding momentum slowed significantly in early April as geopolitical tensions weighed on investor sentiment. Between March 30 and April 3, startups raised $131.5 million across 18 deals, marking a sharp 62 percent decline from the previous week's $348.2 million across 25 deals. Enterprise SaaS platform Noon led funding activity with a $44 million raise, followed by D2C ecommerce startup Palmonas securing $40 million in Series B funding. Ecommerce startups dominated the week, collectively raising $50.5 million from investors including Xponentia Capital, Bajaj Finserv, and Lakme Finance. InfoEdge Ventures emerged as the most active investor, participating in four funding deals across various sectors including fintech, AI, and quick commerce.
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