Indian startups raised over $125 million from Nov 04 to Nov 09, 2024, Easy Home Finance tops the list

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.

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.

High-value deals

A diverse range of sectors attracted investments during the week, with NBFCs leading the pack. Leading this sector was Easy Home Finance, which raised $35 million in funding. Unified enterprise AI agent platform UnifyApps raised $20 million.

The list was followed by Fintech firm MODIFI, D2C fitness brand Boldfit, and Spacetech startup GalaxEye, which collectively raised $38 million. 

MODIFI raised $15 million, Boldfit raised $13 million, and GalaxEye raised $10 million.

Emerging startups

EV startup Hala Mobility raised $6.04 million in a pre-Series A funding round. Healthtech startup Viraa Care raised $108,000 in a pre-Seed funding round. Dronetech startup Marut Drones raised $6.2 million in a Series A funding round.

Edtech startup Innovartan Learning Solutions raised $600,000 in a pre-Seed funding round. Deeptech robotics startup CynLr raised $10 million in a Series A funding round. Data security startup Induz raised $780,000. 3D geospatial platform Heliware raised $470,000 in a pre-Series A funding round. 

Wellness startup Sushain Wellness and Wholeness raised $230,000 in a Seed funding round. Traveltech startup The Hosteller raised $1.9 million in venture debt. AI startup Enlog raised $207,000. AI startup Pulse raised $1.4 million in a Seed funding round. Traveltech startup 30 Sundays raised $770,000 in a pre-Seed funding round. Deeptech startup Nexstem raised $3.5 million in a funding round. 

Meanwhile, Healthtech payments startup QubeHealth and India’s first nuclear fusion startup Anubal Fusion kept the funding figures under wraps.

Merger and acquisitions

The period also witnessed strategic mergers and acquisitions. Wealthtech firm Nivesh acquired Wealthzi, Veefin acquired a stake in GenAI startup Walnut, and BrahmVeda acquired Vedvaani.