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Funding Tracker

Funding and acquisitions in Indian startups this week [Oct 12- Oct 17]

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Funding and acquisitions in Indian startups this week [Oct 12- Oct 17]

This week, 28 Indian startups raised $302.85 million across 8 growth-stage deals, 21 early-stage deals, and 1 undisclosed round. The week also saw 5 key appointments, 1 departure and a fund launch.

In contrast, 28 startups had collectively secured about $113.35 million in the previous week.

Growth-stage startups raised $220.37 million across eight deals this week, led by Tessolve Semiconductor, a Hero Electronix company, which secured $75 million from US-based Vector Line Capital.

Homegrown sports brand Boldfit raised over Rs 400 crore in a Series B round led by Bharat Value Fund, while AI agent startup RapidCanvas secured $29 million from Vertex Ventures. Bengaluru-based Scimplify raised $25 million in a strategic round led by Hitachi Ventures.

Construction robotics startup Origin raised $20 million in a round co-led by Accel and Zacua Ventures. Meanwhile, D2C personal care brand Nat Habit is raising Rs 142.6 crore ($15 million) in a fresh round led by Trident Growth Partners.

Toothsi's parent MakeO raised Rs 90 crore from Singularity AMC, while B2B manufacturing startup CapGrid secured Rs 46.28 crore ($4.87 million) in a pre-Series B round led by Hero Enterprise Partner Ventures.

Early-stage startups raised $82.48 million across 21 deals this week, led by Mesa School of Business, which raised Rs 110 crore, including around Rs 85 crore in Series A equity funding co-led by Dharana Capital and existing investor Elevation Capital. Healthtech startup Confido Health secured $12.5 million in a Series A round led by Z47.

5 million in a Series A round led by Elevation Capital, while AI video platform Clueso secured $10 million from Dharana Capital.


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