Indian startups raised over $33 million from Dec 30 to Jan 04, 2025; Mufin Green Finance tops the list

Between December 30 and January 04, 2025, as many as 14 startups from diverse sectors raised $33.43 million in funding from investors.

These sectors include Hospitality, Finance, NBFC, B2B SaaS, AI, OTT, Robotics, EV, and Wealth Management. Last week, Indian startups raised over $44 million, with EPACK Prefab raising $20 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with NBFC leading the pack. Leading this sector was Mufin Green Finance, which raised $18 million in funding. SME lender Aye Finance raised $12.8 million.

The list was followed by Wealth management startup Wealthy Nivesh, B2B logistics technology platform CargoFL, and Accommodation startup Guestara, which collectively raised over $2.28 million in funding. 

Wealthy Nivesh raised $1 million, CargoFL raised $780,000, and Guestara raised $500,000. NumberOne Academy raised $350,000 in funding.

Meanwhile, Robotics startup Flo Mobility and OTT platform Klassroom kept the funding figures under wraps. 

Mergers and acquisitions

The period also saw strategic mergers and acquisitions. Curefoods acquired the South and West India operations of Krispy Kreme.