ETtech Illustration: Rahul AwasthiBig numbers continue to call it a pass in the Indian startup funding scenario. After weeks of tepid funding rounds regarding numbers and values, this week also seems to have sub-$100 million deals. Macroeconomic considerations, slowing economies, and tighter liquidity across economies are likely to be the reason.Solvy Tech Solutions, which runs insurtech platform Zopper, has raised $75 million from investors led by Creaegis, in participation with ICICI Venture and Bessemer Venture Partners, and existing backer Blume Ventures. Other tech and entertainment VC specialists such as Cassius, Greenfield One, Sparkle Ventures, Kevin Durant’s and Rich Kleiman's 35V, Blockwall, Kraken Ventures and Spice Capital also participated in the round.Speech technology startup Murf AI said it has raised $10 million in funding led by Matrix Partners India. Existing investor Elevation Capital, and prominent angel investors such as Ajay Arora, senior vice president, product, Disney Streaming; Ankit Bhati, cofounder of Ola; Ashwini Asokan, cofounder of Mad Street Den also participated.

Source: Economic Times September 24, 2022 00:40 UTC