Zepto, an express e-grocer, has raised $200 million in funding, accounting for over 81% of the total funding raised by startups during the week of August 19 to 25. This fresh capital has brought the valuation of Zepto to $1.4 billion, making it the first unicorn to emerge in India in almost a year. The funding has brought much-needed cheer to the startup ecosystem. The remaining 17 startups raised a total of $46 million, with sectors such as ecommerce, software-as-a-service, and healthtech being fairly represented. Fintech was the leading sector with five deals. However, the overall funding amount was down by 51% compared to the same period last year. Startups raised a total of $246 million across 18 funding deals during this week. In terms of volume, this was 68% lower. Early-stage deals accounted for the highest number of funding deals, with twelve being seed-stage, four in Series A, one in Series B, and one in Series E. Interestingly, funding was not limited to the usual startup hubs like Delhi, Bengaluru, and Mumbai, as firms headquartered in cities like Coimbatore, Jaipur, and Mysuru also raised funding. It remains to be seen how the funding landscape will evolve in the coming weeks.