Indian startups raised over $206 million from Dec 16 to Dec 21, 2024; Zetwerk tops the list

Between December 16 and December 21, 2024, as many as 25 startups from diverse sectors raised $206.86 million in funding from investors.

These sectors include Healthtech, AI, Finance, Fintech, Lending, SaaS, Quick Commerce, Fintech, and Gaming.

Last week, Indian startups raised over $601 million in funding, with Rebel Foods raising $210 million alone.

Between December 16 and December 21, 2024, as many as 25 startups from diverse sectors raised $206.86 million in funding from investors.

These sectors include Healthtech, AI, Finance, Fintech, Lending, SaaS, Quick Commerce, Fintech, and Gaming.

Last week, Indian startups raised over $601 million in funding, with Rebel Foods raising $210 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with B2B leading the pack. Leading this sector was Zetwerk, which raised nearly $90 million in funding. B2B express logistics company Instant-XP raised $35 million.

The list was followed by Identity verification startup Bureau, Retail intelligence platform Bizom, and Delhi-based Zingbus, which collectively raised $51 million.

Bureau raised $30 million, Bizom raised $12 million, and Zingbus raised $9 million.

Emerging startups

Accounting startup HostBooks raised $5 million in a Series B funding round, Healthtech startup Fibroheal raised $740,000, Edtech startup edept raised $1 million in a seed funding round, Zingbus raised $9 million in a Series A funding round, Wealth Management startup Mili raised $2 million in a seed funding round, Climatech startup Resilience AI raised $1 million in a seed funding round, Rooftop solar startup Zunroof raised $2.3 million, Quantum Tech startup Quanfluence raised $2 million in a seed funding round, Learning startup Seekho raised $8 million in a Series A funding round, SaaS startup MBG Card raised $320,000, Fintech startup QuID Cash raised $4.5 million in a pre-Series A funding round, and Haircare startup Arata raised $4 million in a Series A funding round.

Meanwhile, Induz, Leanworx, Think Metal, Presage Insights, CargoFL, Kissht, and Rebel Foods kept the funding figures under wraps.

Mergers and acquisitions

The period also saw strategic mergers and acquisitions. Nazara Technologies-owned NODWIN Gaming acquired eSports media platform AFK Gaming.