Startups Secure $225 Million in Funding Led by Hygenco's Green Hydrogen Round
Startups raised $225 million across 19 funding rounds in the second week of June, marking a 22% year-on-year increase and a 39% rise from the previous week. Gurugram-based Hygenco Green Energies led with a $105 million equity round from IFC, Siemens Financial Services, and Fullerton Carbon Action Fund to support green hydrogen projects in India. Other notable deals include San Francisco-based Coram AI's $35 million round and Bengaluru-based Mygate's funding for housing society management. Finvolve was the most active investor during this period.