India, May 17 -- After a week of spike, funding trends in the Indian startup ecosystem dwindled again in the second week of the ongoing month. Between May 12 and 17, startups cumulatively raised $151.6 Mn across 22 deals, marking a 74% decline from the $587 Mn raised by 27 startups in the previous week.

The decline in the funding primarily comes due to a dearth of large-ticket transactions. D2C snacking brand Farmley secured the biggest cheque of $40 Mn this week, as against the $218 Mn funding raised by PB Health last week.

Meanwhile, the week was rife with developments like announcements of new fund launches, secondary deals and of startups taking the next step to raise from the public markets.

With that said, here's a look at the ke...