India, Feb. 1 -- The momentum that was evident in the Indian startup ecosystem for the better part of January loosened at the end of the month. With no mega funding rounds materialising in the final week of the month, the fresh capital infusion in the world's third startup ecosystem shrunk to $195.5 Mn across 24 deals, marking a 29% decline from the $275.2 Mn raised across 28 deals in the preceding week.

Despite the declining funding numbers, the week was rife with headlines about more potential startup listings, new fund launches and prospects of fresh, unconfirmed funding rounds that materialised. Prominently, ecommerce unicorn Meesho was reported to have closed another $250-270 Mn in a funding round in a mix of primary and secondary f...