This week has showcased the resilience and innovation within India's startup ecosystem, even amidst global challenges. Nearly 40 startups raised a total of $787 million, marking a significant increase compared to the $250 million raised the previous week.

A key highlight was Rebel Foods, the cloud kitchen leader, which secured $210 million from Temasek through both primary and secondary share sales. With plans for an IPO in 2025, Rebel Foods continues to make substantial progress in the food-tech industry.

In the fintech sector, Mintifi raised $180 million in its Series E funding round, led by TVG and Prosus. This new capital will support the company's expansion into key sectors, further establishing fintech as one of India's most promising startup segments.

Additionally, CarDekho SEA, the Southeast Asia arm of the CarDekho Group, raised $60 million in its first external funding round. Investors like Navis Capital Partners and Dragon Fund participated, underscoring CarDekho's growing influence beyond India.

In the industrial AI sector, Haber raised $44 million in its Series C funding round through a combination of equity and debt, highlighting the growing confidence in AI-driven solutions to tackle real-world industrial challenges.

Similarly, SolarSquare, a home solar startup, secured $40 million, marking the largest venture capital investment in India’s solar sector.

Additionally, 23 early-stage startups collectively raised over $54 million, demonstrating a strong pipeline of fresh ideas and innovation emerging within the ecosystem.

A key takeaway this week was the increasing participation of women in the startup space. The Ministry of Commerce and Industry revealed that nearly half of government-supported startups now have at least one-woman director, signaling progress in gender diversity within entrepreneurship.