Indian startup funding plummeted this week as the ecosystem faced significant headwinds. Homegrown tech companies raised just $60.4 million across 15 deals between April 13 and 17, representing an 83 percent decline from the previous week's $361.5 million across 23 deals. Seed-stage funding crashed nearly 86 percent to $3.3 million compared to $22.9 million last week, signaling reduced investor appetite for early-stage ventures. Despite the slowdown, artificial intelligence emerged as the most funded segment with two startups securing $23 million combined. Travel tech platform Hosteller led individual deals with a $16 million Series B round, while AI application layer startup GobbleCube raised $15 million in Series A funding. Fireside Ventures proved most active, backing multiple startups during the downturn.
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