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From Boldfit To Origin — Indian Startups Raised About $236 Mn This Week

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From Boldfit To Origin — Indian Startups Raised About $236 Mn This Week

Startup funding continued to pick up pace in the second week of October. Overall, Indian new-age tech ventures raised $236.2 Mn across 25 deals between October 12 and October 16. This was 92.2% higher from the previous week, when 25 startups raised $122.9 Mn.

Funding Galore: Indian Startup Funding Of The Week [Oct 12 – 16]

Vertex Ventures SEA & India, Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners, Titanium Ventures

Hitachi Ventures, Accel, Bertelsmann India Investments, 3one4 Capital, Omnivore, Teknor Apex, Henkel

Aum Ventures, India Innovation Fund II, Pawan Kumar Chandana (Skyroot), Bharath Daka (Skyroot), Dr. Chiran Phanindra (Cosmoserve)

Accel, Prosus Ventures, IIMA Ventures’ Deep-tech and Aerospace Acceleration Fund, Operators Studio, Chinmayi Muthyala

BEENEXT, Kettleborough VC, Rishubh Satiya (Plix), Anindita Sampath (Yogabar), Anita Pramoda (Owned Outcomes)

Sandeep Jain, Inflection Point Ventures, LetsVenture, Launch Capital, AVNM Ventures, Navyug Global Ventures, All In Capital

Inflection Point Ventures, Riteish Deshmukh (Actor), Boman Irani (Actor), Jaspinder Narula (Singer), Madhu Mantena (Film Producer)

Source: Inc42 *Mix of equity and debt ** Part of a larger round

AI dominated the funding charts this week, attracting $53.4 Mn across six deals. RapidCanvas’ $29 Mn Series B round accounted for 54.3% of the total capital deployed in the segment.

Ecommerce emerged as the second-most funded sector and lapped up $48.3 Mn, followed by travel tech at $34.6 Mn and enterprise services at $31.8 Mn. Advanced hardware and technology also attracted $23.2 Mn.

9 Mn across 11 disclosed deals this week.



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