India’s startup ecosystem showed resilience this week and emerging companies secured $184.8 million in funding between October 19 and October 25. It was a 47.8% year-over-year increase. The milestone comes with a nuanced reality check and it was a sharp 65.4% drop from the previous week’s $533.6 million. Fewer deals were closed and just 13 this week compared to 31 last year.

Edtech and AI emerged as winners in the round of investments. Mumbai-based edtech unicorn Upgrad led the week’s funding with a $60 million infusion from Singapore’s sovereign wealth fund Temasek. Upgrad’s Ronnie Screwvala further strengthened his role in the company by buying out Bharti Enterprises’ stake for an additional $20 million.

The AI sector demonstrated its continued power last week. AI-driven cloud and platform-as-a-service startup Neysa received $30 million from prominent investors including NTTVC, Z47 (formerly Matrix Partners India) and Nexus Venture Partners.

Healthcare continues to be a focal area with Bengaluru’s Even Healthcare raising $30 million in a round led by Silicon Valley heavyweight Khosla Ventures. The startup offers members access to consultation and hospitalisation services. It addresses equitable access to healthcare.

Dairy-focused Stellapps in the agritech space raised $26 million through a mix of equity and debt. It is supported by global backers like Blume Ventures, the Bill & Melinda Gates Foundation and the US International Development Finance Corporation (DFC).

Health and wellness startup Healthify closed a $20 million round and it was led by Khosla Ventures as well as LeapFrog Investments. The investment reinforces the market’s interest in wellness tech. It reflects consumers’ growing emphasis on health.

The week’s funding highlights a shifting arena and it is Indian startups with a focus on sustainable, scalable and impactful solutions. The numbers may fluctuate and India’s startup ecosystem is evolving.