Indian startups raised over $179 million from Nov 11 to Nov 16, 2024, Sarvagram tops the list

Between November 11 and November 16, 2024, as many as 25 startups from diverse sectors raised $179.63 million in funding from investors.

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These sectors include AI, B2B, Gaming, Proptech, SaaS, eVTOL, AI, Lending, Dronetech, Legaltech, AaaS, Healthcare, Logistics, and Lending.

Last week, Indian startups raised over $125 million in funding, with NBFC firm Easy Home Finance raising $35 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with Lending leading the pack. Leading th

Between November 11 and November 16, 2024, as many as 25 startups from diverse sectors raised $179.63 million in funding from investors.

Advertisment

These sectors include AI, B2B, Gaming, Proptech, SaaS, eVTOL, AI, Lending, Dronetech, Legaltech, AaaS, Healthcare, Logistics, and Lending.

Last week, Indian startups raised over $125 million in funding, with NBFC firm Easy Home Finance raising $35 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with Lending leading the pack. Leading this sector was Sarvagram, which raised $67 million in funding. Math education platform Bhanzu raised $16.5 million in a Series B funding round.

The list was followed by B2C commerce startup Wheelocity, The ePlane Company, and Real estate advisory platform Guardians, which collectively raised $41 million.

Wheelocity raised $15 million, The ePlane Company raised $14 million, and Guardians raised $12 million.

Emerging startups

Identity verification startup Equal raised $10 million, Gardening startup Ugaoo raised $5.6 million in a Series A funding round. AI startup Connecty AI raised $1.8 million in a pre-seed funding round. Admissions as a Service platform CTPL raised $590,000.

Traveltech startup StampMyVisa raised $780,000 in a pre-Series A funding round. SaaS manufacturing startup DesignX raised $1 million in a pre-Series A funding round. Healthcare startup India IVF raised $1.25 million in a pre-Series A funding round.

LogisticsTech startup Pikndel raised $1 million in a seed funding round. Gaming startup Funstop Games raised $5 million in a Series A funding round. Ecommerce AI startup BiteSpeed raised $3.5 million in a pre-Series A funding round. SaaS startup Mushin Innovative Labs raised $250,000 in a seed round. AI startup Zeptlyn raised $3 million in a seed funding round.

Brand protection and authentication solutions provider Ennoventure raised $8.9 million in a Series A funding round. Vehicle Intelligence startup Vecmocon Technologies raised $10 million in a Series A funding round. DroneTech startup Airbound raised $1.7 million in a seed funding round. LegalTech startup LegalKart raised $760,000.

Meanwhile, Gaming startups Norian Games and Xigma Games, OnePlay, and Cleantech startup Hydrogen Mem-Tech kept the funding figures under wraps. 

Merger and acquisitions

The period also witnessed strategic mergers and acquisitions. E-commerce enablement SaaS platform Unicommerce acquired Shipway, Enterprise software and B2B SaaS firm Kovai.co acquired B2C SaaS startup Floik, and Traveltech firm EaseMyTrip acquired Planet Education Australia Pty Ltd, a global education service provider headquartered in Sydney.