Indian startups raised $242.6 Mn this week

Twenty-five Indian startups raised $242.6 million between June 8 and June 12, a near 30% increase from $187.4 million raised across 21 deals the prior week. Cleantech was the most funded sector, with GPS Renewables closing a $66.4 million Series C round. Seed stage funding jumped to $22.3 million across five deals.