Indian startups raised over $47 million from Nov 25 to Nov 30, 2024; Candytoy Corproate tops the list

Between November 25 and November 30, 2024, as many as 15 startups from diverse sectors raised $47.7 million in funding from investors.

These sectors include D2C EV, Babycare, Ecommerce, SaaS, OaaS, Gaming, Watertech, Jewellery, Appliances, and more. 

Last week, Indian startups raised over $585 million in funding, with Zepto raising $350 million alone.

Between November 25 and November 30, 2024, as many as 15 startups from diverse sectors raised $47.7 million in funding from investors.

These sectors include D2C EV, Babycare, Ecommerce, SaaS, OaaS, Gaming, Watertech, Jewellery, Appliances, and more. 

Last week, Indian startups raised over $585 million in funding, with Zepto raising $350 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with manufacturing leading the pack. Leading this sector was Candytoy Corporate, which raised $13 million in funding. EV startup Alt Mobility raised $10 million in funding.

The list was followed by D2C e-commerce solutions provider ShopDeck, Cross-border specialty chemical distribution platform Elchemy, and Babycare Mother & baby products brand All Things Baby (ATB), which collectively raised $17.14 million.

ShopDeck raised $8 million, Elchemy raised $5.6 million, and All Things Baby (ATB) raised $3.54 million.

Emerging startups

Smart kitchen appliances startup Beyond Appliances raised $2 million in a seed funding round, Biomaterials startup Ukhi raised $1.2 million in a pre-seed funding round, Ikin Global raised $1 million in a pre-seed funding round, Lab-grown diamond startup True Diamond raised $1 million in a Seed funding round, Ladies Who Lead raised $1 million in a pre-Series A funding round, Student housing networks platform Homversity raised $1 million in a pre-Series A funding round, and Watertech startup Athlion raised $420,000 in a Series A funding round.

Meanwhile, Crypto investment platform BitSave, Electrade, and devx kept the funding figures under wraps.

Mergers and acquisitions

The period also saw strategic mergers and acquisitions. NODWIN Gaming acquired Trinity Gaming, ISMG acquired a majority stake in Nullcon, and Nykaa acquired majority stakes in Earth Rhythm.