Indian Startups marks milestone - Hits $125 million Funding in a week
Up to 20 firms from various industries earned $125.20 million in investor funding between November 4 and November 09, 2024. Healthtech, wellness, AI, D2C, travel, deep tech, genAI, astrology, dronetech, NBFC, and EV are some of these industries.
Over $362 million was raised by Indian entrepreneurs last week, with NBFC company Finova Capital alone raising $135 million. Throughout the week, investments were made in a wide variety of sectors, with NBFCs leading the way. Easy Home Finance was at the forefront of this industry, raising $35 million in funding.
$20 million was raised by UnifyApps, a unified corporate AI agent platform. Fintech company MODIFI, D2C fitness company Boldfit, and spacetech startup GalaxEye, which raised $38 million between them, came next on the list. $15 million was raised by MODIFI, $13 million by Boldfit, and $10 million by GalaxEye. Hala Mobility, an electric vehicle startup, raised $6.04 million in a pre-Series A fundraising round. In its pre-Seed investment round, healthtech firm Viraa Care raised $108,000.
In a Series A fundraising round, Marut Drones, a dronetech business, raised $6.2 million. Innovartan Learning Solutions, an Edtech business, raised $600,000 in a pre-Seed fundraising round. In a Series A investment round, CynLr, a deeptech robotics business, raised $10 million. Induz, a startup in data security, raised $780,000.
In a pre-Series A funding round, Heliware, a 3D geospatial platform, raised $470,000. In a seed fundraising round, wellness business Sushain Wellness and Wholeness raised $230,000. The Hosteller, a traveltech firm, raised $1.9 million in venture capital. Enlog, an AI startup, raised $207,000. In a seed investment round, AI firm Pulse garnered $1.4 million.
The pre-Seed investment round for traveltech startup 30 Sundays brought in $770,000. In a funding round, the deeptech startup Nexstem raised $3.5 million. Anubal Fusion, India's first nuclear fusion firm, and QubeHealth, a healthtech payments startup, withheld the fundraising details. Strategic mergers and acquisitions also occurred during this time. Veefin purchased stock in GenAI startup Walnut, BrahmVeda purchased Vedvaani, and wealthtech company Nivesh purchased Wealthzi
Over $362 million was raised by Indian entrepreneurs last week, with NBFC company Finova Capital alone raising $135 million. Throughout the week, investments were made in a wide variety of sectors, with NBFCs leading the way. Easy Home Finance was at the forefront of this industry, raising $35 million in funding.
$20 million was raised by UnifyApps, a unified corporate AI agent platform. Fintech company MODIFI, D2C fitness company Boldfit, and spacetech startup GalaxEye, which raised $38 million between them, came next on the list. $15 million was raised by MODIFI, $13 million by Boldfit, and $10 million by GalaxEye. Hala Mobility, an electric vehicle startup, raised $6.04 million in a pre-Series A fundraising round. In its pre-Seed investment round, healthtech firm Viraa Care raised $108,000.
In a Series A fundraising round, Marut Drones, a dronetech business, raised $6.2 million. Innovartan Learning Solutions, an Edtech business, raised $600,000 in a pre-Seed fundraising round. In a Series A investment round, CynLr, a deeptech robotics business, raised $10 million. Induz, a startup in data security, raised $780,000.
In a pre-Series A funding round, Heliware, a 3D geospatial platform, raised $470,000. In a seed fundraising round, wellness business Sushain Wellness and Wholeness raised $230,000. The Hosteller, a traveltech firm, raised $1.9 million in venture capital. Enlog, an AI startup, raised $207,000. In a seed investment round, AI firm Pulse garnered $1.4 million.
The pre-Seed investment round for traveltech startup 30 Sundays brought in $770,000. In a funding round, the deeptech startup Nexstem raised $3.5 million. Anubal Fusion, India's first nuclear fusion firm, and QubeHealth, a healthtech payments startup, withheld the fundraising details. Strategic mergers and acquisitions also occurred during this time. Veefin purchased stock in GenAI startup Walnut, BrahmVeda purchased Vedvaani, and wealthtech company Nivesh purchased Wealthzi
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