Indian startups raised over $362 million from Oct 26 to Nov 02, 2024, Finova Capital tops the list

Between October 26 and November 02, 2024, as many as 14 startups from diverse sectors raised $362.94 million in funding from investors.

These sectors include NBFC, Dairytech, Quik Commerce, Traveltech, B2B, Skincare, AI, and Agritech.

Last week, Indian startups raised over $186.23 million in funding, with edtech startup upG

Between October 26 and November 02, 2024, as many as 14 startups from diverse sectors raised $362.94 million in funding from investors.

These sectors include NBFC, Dairytech, Quik Commerce, Traveltech, B2B, Skincare, AI, and Agritech.

Last week, Indian startups raised over $186.23 million in funding, with edtech startup upGrad raising $60 million alone.

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High-value deals

A diverse range of sectors attracted investments during the week, with NBFCs leading the pack. Leading this sector was Finova Capital, which raised $135 million in funding. Traveltech firm TripFactory raised $50 million. 

The list was followed by NBFC firm Vridhi Home Finance, B2B unicorn Udaan, and Edu-wealth startup Zinc, which collectively raised $97.94 million. 

Vridhi Home Finance raised $36.84 million, Udaan raised $35.6 million, and Zinc raised $25.5 million.

Emerging startups

Home services startup COOX raised $125,000 in a Seed funding round, Arya raised $11.88 million, Agritech startup Arya.ag raised $19.8 million in debt, AI startup Auquan raised $4.5 million, AI startup EvoluteIQ raised $20 million in a mix of debt and equity.

Additionally, Dairytech startup Country Delight raised $23.7 million in debt. Meanwhile, Skincare startup Dear Me, KiranaPro, and Birla Brainiacs kept the funding figures under wraps.

Merger and acquisition highlights

Datawrkz, a subsidiary of India-based Mumbai-based Nazara Technologies, acquired a 100% stake in Space & Time, a UK-based growth marketing agency.