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From Even Health To The Pant Project— Indian Startups Raised Over $184 Mn This Week

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From Even Health To The Pant Project— Indian Startups Raised Over $184 Mn This Week

Indian startup funding activity slowed down in the third week of October, with 17 startups raising over $184 Mn. This marks a 22% dip from the $236.2 Mn raised in the previous week. The deal count also fell 32% from the 25 funding deals that were announced last week.

NTTVC, George Still Jr (Norwest Venture Partners ), Amit Zavery (ServiceNow), Giacomo Sonnino (Charlesbank Capital Partners)

Mirae Asset Venture Investments (India), Sorin Investments, Anisha Saraf, B&K Securities, MGA Ventures, B2V Ventures

Blume Ventures, Hyderabad Angels Fund, Together Fund, Seedstars, AVNM Ventures, Prateek Maheshwari (PhysicsWallah), Alakh Pandey (PhysicsWallah), Aditya Vuchi (MediaMint)

ZeroW, India Angel Network, Samved VC, Blume Founders Fund, Brijesh Parekh Family Office, Rahul Jain (Epigamia)

Sangeet Agrawal (Mokobara), Navin Parwal (Mokobara), Chona family office, Kedar Lele (Haleon South Asia), Devaiah Bopanna (Moonshot)

AI startups continued to see the highest investor interest for a second consecutive week, raising $93.9 Mn across six deals. Ajeet Sing-led AI powered martech startup Different emerged from stealth and raised $48 Mn, the biggest cheque for an AI startup this week.

Healthtech was the second-most funded sector, attracting $60.6 Mn across two deals. The funding number was largely driven by Even Healthcare’s $50 Mn Series B round, while CureBay raised $10.6 Mn in a mix of equity and debt.

Venture debt firm Trifecta Capital and early-stage focused VC Blume Ventures backed two startups apiece, becoming the most active investors this week.

In a relatively dull funding week, seed stage startups were more sought after by investors.



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