Indian startups raised over $125 million from Nov 04 to Nov 09, 2024, Easy Home Finance tops the list
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Between November 4 and November 9, 2024, 20 startups across various sectors raised $125.20 million in funding, with significant investment in Healthtech, AI, D2C, and other fields.
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The previous week, Indian startups collectively raised over $362 million, prominently featuring Finova Capital, which alone secured $135 million.
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High-value deals included Easy Home Finance raising $35 million, and UnifyApps raising $20 million; multiple other startups contributed to raising a total of $38 million through various smaller deals.
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Notable emerging startups included EV startup Hala Mobility (raising $6.04 million) and Deeptech robotics startup CynLr (raising $10 million), among others.
- The week also saw strategic mergers, with wealthtech firms making acquisitions, including Nivesh acquiring Wealthzi and Veefin investing in GenAI startup Walnut.
Between November 04 and November 09, 2024, as many as 20 startups from diverse sectors raised $125.20 million in funding from investors.
These sectors include Healthtech, Wellness, AI, D2C, Traveltech, Deeptech, GenAI, Astrology, Dronetech, NBFC, and EV.
Last week, Indian startups raised over $362 million in funding, with NBFC firm Finova Capital raising $135 million alone.
Here’s a summarized list of the startups, founders, investors, fundraises, and their series based on the content provided:
Fundraising Overview
- Total Amount Raised: $125.20 million by 20 startups (between November 04 – November 09, 2024).
High-Value Deals
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Easy Home Finance
- Sector: NBFC
- Amount Raised: $35 million
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UnifyApps
- Sector: Enterprise AI
- Amount Raised: $20 million
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MODIFI
- Sector: Fintech
- Amount Raised: $15 million
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Boldfit
- Sector: D2C Fitness
- Amount Raised: $13 million
- GalaxEye
- Sector: Spacetech
- Amount Raised: $10 million
Emerging Startups
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Hala Mobility
- Sector: EV
- Amount Raised: $6.04 million (Pre-Series A)
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Viraa Care
- Sector: Healthtech
- Amount Raised: $108,000 (Pre-Seed)
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Marut Drones
- Sector: Dronetech
- Amount Raised: $6.2 million (Series A)
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Innovartan Learning Solutions
- Sector: Edtech
- Amount Raised: $600,000 (Pre-Seed)
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CynLr
- Sector: Deeptech Robotics
- Amount Raised: $10 million (Series A)
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Induz
- Sector: Data Security
- Amount Raised: $780,000
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Heliware
- Sector: 3D Geospatial
- Amount Raised: $470,000 (Pre-Series A)
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Sushain Wellness and Wholeness
- Sector: Wellness
- Amount Raised: $230,000 (Seed)
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The Hosteller
- Sector: Traveltech
- Amount Raised: $1.9 million (Venture Debt)
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Enlog
- Sector: AI
- Amount Raised: $207,000
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Pulse
- Sector: AI
- Amount Raised: $1.4 million (Seed)
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30 Sundays
- Sector: Traveltech
- Amount Raised: $770,000 (Pre-Seed)
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Nexstem
- Sector: Deeptech
- Amount Raised: $3.5 million
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QubeHealth
- Sector: Healthtech Payments
- Amount Raised: (Not disclosed)
- Anubal Fusion
- Sector: Nuclear Fusion
- Amount Raised: (Not disclosed)
Merges and Acquisitions
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Nivesh
- Acquired Wealthzi
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Veefin
- Acquired a stake in Walnut (GenAI startup)
- BrahmVeda
- Acquired Vedvaani
Notes
- Specific details about the founders and investors have not been provided in the text.
- This summary categorizes the funding rounds into high-value deals and emerging startups, along with details on mergers and acquisitions.