Indian startups raised over $314 million from Dec 02 to Dec 07, 2024; Vastu Housing tops the list

Between December 02 and December 07, 2024, as many as 23 startups from diverse sectors raised $314 million in funding from investors.

These sectors include B2B, Services, AI, NBFC, Advertising, Media, Gaming, Manufacturing, Healthcare, AI, D2C, SaaS, Edtech, and Wellness.

Last week, Indian startups raised over $47 million in funding, with Candytoy Corporate raising $13 million alone.

Between December 02 and December 07, 2024, as many as 23 startups from diverse sectors raised $314 million in funding from investors.

These sectors include B2B, Services, AI, NBFC, Advertising, Media, Gaming, Manufacturing, Healthcare, AI, D2C, SaaS, Edtech, and Wellness.

Last week, Indian startups raised over $47 million in funding, with Candytoy Corporate raising $13 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with NBFC leading the pack. Leading this sector was Vastu Housing Finance, which raised $100 million in funding. B2B supply chain financing platform Mintifi raised $80 million.

The list was followed by Solar energy startup Glow, AI startup Enterpret, and Electric motorcycle manufacturer Ultraviolette, which collectively raised $66.15 million.

Glow raised $30 million, Enterpret raised $20.8 million, and Ultraviolette raised $15.35 million.

Emerging startups

AI startup Pathway raised $10 million in a Seed funding round, Employee engagement platform AdvantageClub AI raised $4 million, Nazara Technologies' subsidiary Datawrkz raised $1.77 million, Media firm Sportskeeda raised $8.14 million, Gaming startup Funky Monkeys Play Centers raised $5.16 million, Edtech startup LearnTube AI raised $496,000, Mental health and wellness startup GoodLives raised $130,000 in a pre-Seed funding round.

Agrileaf raised $2 million in a growth stage funding round, Food brand WickedGud raised $2.36 million, Dentalcare startup DentalKart raised $10 million, Media startup Medial raised $500,000 in a pre-Series A funding round, Atmosphere - The Store Makers raised $590,000 in a Seed funding round, Healthcare startup Neuranics raised $700,000 in a Seed funding round. Fintech startup The Money Club raised $2.5 million in a Series A funding round, Nodwin Gaming raised $7.55 million, and Healthcare startup Orange Health raised $12 million.

Meanwhile, Waste management startup Bumboo and Ranveer Singh-led D2C startup SuperYou kept the funding figures under wraps.

Mergers and acquisitions

The period also saw strategic mergers and acquisitions. Amagi acquired Argoid AI, and Uniphore acquired ActionIQ and Infoworks.