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Funding Tracker

Funding and acquisitions in Indian startups this week [Oct 19- Oct 24]

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Funding and acquisitions in Indian startups this week [Oct 19- Oct 24]

This week, 15 Indian startups raised $133.9 million across 4 growth-stage deals, 10 early-stage deals, and 1 undisclosed round. The week also saw 5 key appointments. 

In contrast, 30 startups had collectively secured about $302.85 million in the previous week.

Growth-stage startups raised $86.2 million across four deals this week, led by Even Healthcare, which secured $50 million in a Series B round led by existing investor Khosla Ventures. Premium menswear brand The Pant Project raised Rs 109 crore in a Series B round led by Mirae Asset Venture Investments India, with participation from existing investor Sorin Investments.

Battery-swapping startup Battery Smart raised close to Rs 100 crore from an existing investor to expand its network for electric two- and three-wheelers. Meanwhile, rural healthcare startup CureBay secured around Rs 100 crore in a Pre-Series C round led by IvyCap Ventures.

Early-stage startups raised $47.7 million across 10 deals this week, led by AI startup AuxoAI, which secured $20.7 million in a Series A round led by NTTVC. Home and kitchen brand Chapter Home raised Rs 63 crore through a mix of equity and debt from Bessemer Venture Partners, Stride Ventures, influencer Tanmay Bhat and family offices.

Travel platform TravClan raised $5 million from online retailer Flipkart and investment firm August One, along with debt financing from Trifecta Capital. AI, an AI-powered frontline workforce platform, secured Rs 40 crore in a Series A round led by Blume Ventures. AI startup Vectorial raised $3 million in a round led by SenseAI Ventures, while voice AI platform Karta AI secured $3 million in a seed round led by PeerCapital and Cedar Hill.


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