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From Ultraviolette Automotive To GalaxEye — Indian Startups Raised Over $203 Mn This Week

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From Ultraviolette Automotive To GalaxEye — Indian Startups Raised Over $203 Mn This Week

Funding activity remained strong as Indian startups raised a combined $203.4 Mn across 21 deals between September 21 and September 25. This was 3.4X higher than $58.9 Mn raised by 14 startups in the preceding week.

Funding Galore: Indian Startup Funding Of The Week [Sep 21 – Sep 25 ]

Chimera VC, T-Accelerate Capital, Ventana Ventures, Rahul Reddy (Angel), Rohan Murukutla (Angel), Dasari Srinivas (Angel)

Sharrp Ventures, Peercheque, Consumer Collective by Atrium, Indian Silicon Valley Capital, Varun Alagh (Honasa), Rishubh Satiya (Plix), Avnish Anand (CaratLane), Arush Chopra (Just Herbs), Saurabh Munjal (Lahori Zeera), Signal Ventures

AI emerged as the most funded sector this week. Five AI startups bagged a cumulative $89.3 Mn, with Ema’s $77 Mn round alone contributing 86% to the sector’s total haul. Following suit was cleantech, which bagged $85 Mn across just one deal.

Ecommerce led in deal activity, with six startups collectively raising $3.8 Mn.

Early stage funding activity remained strong this week as seed-stage startups raised $20.3 Mn across five deals. Rivet’s $10.5 Mn round accounting for more than half of the total.

Peercheque and Sauce.VC were the most active investors of the week, backing two startups each.

The Centre is considering an anchor investment of ₹15,000 Cr to ₹20,000 Cr in the proposed National Frontier AI & Compute Fund (NFAICF) to build compute infrastructure and support frontier AI startups.

Nykaa and L’Oréal’s corporate venture fund BOLD have banded together to invest in Indian beauty and personal care brands. The partnership will offer capital and industry expertise while allowing founders to retain operational and creative control.


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