Funding and acquisitions in Indian startups this week [July 06

Indian startups raised nearly $70.4 million across 3 growth-stage and 15 early-stage deals this week.

Elevate Education secured $17.7 million in its Series D round led by WestBridge Capital, leading growth-stage funding.

E-commerce brand Aukera raised $10 million in a funding round led by Alteria Capital, topping early-stage deals.

Six acquisitions occurred, including edtech firm upGrad acquiring Unacademy and HR platform AscentHR acquiring OS HRS.

Three new funds launched: Fundamentum at $220 million, Next Bharat Ventures at $200 million, and B Capital at $500 million.