The first ten months of this year have seen .12.2 billion dollars in funding for the national Indian startup ecosystem. In just ten months this year, the Indian startup sector has raised $12 billion.

In the first ten months of this year, the Indian startup ecosystem has raised $12 billion in funding. With two months remaining, it has now exceeded the total amount raised in 2023.

In October, domestic startups closed 119 agreements and raised over $1 billion in investment. With 1.63 billion dollars, September had the second-highest funding, after only June's peak of 1.92 billion.

Under the sponsorships of IN-SPACe, the proposed venture capital fund is expected to be deployed over a maximum of five years from the day the fund's operations actually begin. The typical annual deployment amount may range from 150 to 250 crore rupees, contingent on the financial requirements and investment opportunities.

In most recent days, a seed funding round led by Inflection Point Ventures has received $125,000 for the on-demand home services startup COOX.

The money raised will be utilized to increase marketing activities, grow its operations from 20 to 40 cities, and improve its technology by integrating AI for increased scalability and efficiency.

COOX, which was established by Akshat Gupta and Rajat Johri, provides more than ten on-demand home services & event hosting options, ranging from live entertainment and rentals to expert chefs and hospitality personnel. And also, Prashanth Ranganathan, the founder of PaySense and previous CEO of PayU Credit founded edu-wealth startup ‘Zinc’ has attracted $25.5 million in Seed Funding.

Quona Capital, EDBI, Global Ventures, and Saison Capital were among the investors participated in the funding round, which was led by Nexus Venture Partners.

To help families save and invest for their children's international education, the Singapore-based company intends to use the money to develop new products, broaden its product offerings, and get important financial licenses.