Startup Funding Rebounds but Big Cheques Remain Rare: Shiprocket's IPO Pop and Flipkart's Food Ambitions

Indian startups raised $233.2 million across 19 deals last week, a 67% jump from the preceding week's $139.5 million. Fintech led the charge with $112.5 million in just two deals, while Navi and BookMyShow secured the largest cheques at $100 million and $40 million respectively. Meanwhile, Shiprocket's IPO delivered a 35.1% listing pop, opening at ₹131 against its ₹97 issue price and pushing its market cap to ₹10,230 crore. The strong...