Entrepreneurship studio logo

Entrepreneurship Studio

Funding•

Startup

29 Indian Startups Flourish with $461 Million in Fresh Funding This Week

The image features three individuals associated with Indian startup success. The man sitting in the center is Prashant Warier the founder of Qure.ai, a healthcare AI company. On the left is Mukesh Bansal, a well-known entrepreneur and investor, while on the right is Khadim Batti, co-founder of the tech startup Whatfix. The banner highlights Indian startup funding with the text "$461 Million | 29 Startups," against a lime-green background with abstract white lines, celebrating the entrepreneurial achievements of these individuals.
By
Anurag Trivedi
2 min read

Growth-Stage Deals

This week, 29 Indian startups raised $461 million in funding, including 10 growth-stage deals totaling $397.7 million. Digital adoption platform Whatfix led with $125 million, followed by M2P Fintech ($101.8 million), Qure.ai ($65 million), HomeLane ($27 million), AdOnMo ($25 million), and Atlys ($20 million). Other growth-stage deals included Giva, Kapiva, Curefoods, and Vedantu.

Early-Stage Deals

18 early-stage startups secured $63.32 million. Nurix AI led the pack, followed by Two Point O Capital, Ahammune Biosciences, CoRover, and The Health Factory. Girnar AI (Uservox) raised funding from CarDekho Group but kept details undisclosed.

City and Segment Breakdown

Bengaluru led city-wise deals with 17, followed by Delhi-NCR, Mumbai, Chennai, Hyderabad, and Pune. AI startups led with 5 deals, followed by E-commerce, Fintech, SaaS, F&B, Adtech, and Automotive Tech.

Series-Wise Deals

Seed funding dominated with 10 deals, followed by 4 pre-seed, 3 debt, and 3 Series A rounds.

Fund Launches

Optimistic Capital launched a Rs 200 crore fund for microbreweries. Tribe Capital and Oister Global announced a $500 million secondary fund, while SCOPE set up a $50 million fund for fintech and gaming startups. MudhalVC was launched by Suresh Sambandam to support idea-stage startups in Tamil Nadu.

Key Hirings and Departures

Notable hires include Nitin Pulyani at Cashfree Payments, Probir Das at Integris Healthcare, and Raghunath Subramanian as CEO of Epiplex.ai. Departures include Nitin Kumar from RateGain and Akriti Chopra, Zomato’s co-founder, and CPO.

Mergers and Acquisitions

Zaggle acquired TaxSpanner, Loco was acquired by Redwood, and HomeLane offered to acquire DesignCafe. Redcliffe Labs plans to acquire Celara Diagnostics.

Layoffs

PayU Finance laid off 100 employees, primarily from its Gurugram, Bengaluru, and Mumbai offices.

Read The Full Report Here: Entrackr