![Startup funding](https://img.etimg.com/thumb/msid-107366990,width-650,height-488,imgsize-25636,resizemode-75/startup-funding.jpg)
The most significant amount of capital raised in the week was in early-stage funding, at about $67 million, accounting for 71.4% of the overall deal value. This was followed by $15 million in the late stage, commanding 16%.
![Overall funding trend for Indian startups Overall funding trend for Indian startups](https://img.etimg.com/photo/msid-42031747/et-logo.jpg)
Sequentially, the latest week amounted to a nearly 62% dip in value terms, and down over 21% by volume.
![Top Funding rounds Top Funding rounds](https://img.etimg.com/photo/msid-42031747/et-logo.jpg)
The latest week’s numbers were largely amped up by a large deal at Krutrim AI. The company raised $50 million at a valuation of $1 billion, becoming India’s first unicorn startup of 2024 and the first homegrown artificial intelligence firm to reach the milestone.
![most active VCs this week most active VCs this week](https://img.etimg.com/photo/msid-42031747/et-logo.jpg)
Discover the stories of your interest
MoveInSync: MoveInSync, which provides cab-hailing services to enterprises, raised $15 million in a Series C funding round from Bessemer Venture Partners.
Grow Indigo: The agritech startup raised $8 million as part of a funding round that saw participation from stakeholders Indigo Ag and Mahyco.
p0: The AI-led cybersecurity startup raised $6.5 million from Lightspeed Venture Partners.
BluSmart: The electric vehicle ride-hailing platform received $5 million in equity-based funding in an overall $25 million round from Zurich-based climate finance firm ResponsAbility.