Between August 19 and August 24, 2024, as many as 16 startups from various sectors raised more than $114 million in funding from investors.
These sectors include D2C, AI, SaaS, B2B, manufacturing technology, lending, water technology and fintech.
Last week, Indian startups raised over $377 million in funding, with hotel giant OYO raising over $175 million alone.
Unlike M&A deals, which typically do not disclose financial information, these funding rounds offer insight into sectors that are increasingly attracting investor interest.
High value offers
A wide range of sectors attracted investment during the week, with Watertech leading the way. Leading this sector was Livpurewhich raised $28 million in funding. South Indian ice cream brand Request Ice Cream raised $25 million in funding.
The list was followed by the signing of loans axioAI-powered equity investment platform InvestorAi and D2C luggage brand Capital letterswhich together raised $19 million in funding.
Axio raised $20 million, Investors raised $10 million and Uppercase raised $9 million.
Startups
SaaS startup ACadru raised the least amount, securing $500,000 in funding. It was followed by B2B startup Revrag, which raised $600,000 in a pre-seed funding round.
Dopplr, an AI-powered virtual try-on platform for clothing brands selling online, raised $750,000 in funding. AI optimization startup LLUMO AI secured $1 million in a seed funding round.
Manufacturing technology startup Fabrication Bazar raised $3 million in a pre-Series A round, closely followed by lending startup LoanKuber, which raised $3.5 million in a pre-Series B round.
Fintech startup TransBnk raised $4 million in a Series A funding round. Spices startup Zoff secured $4.7 million in a funding round. Legends League Cricket, featuring veteran cricketers, raised $4.65 million in funding.
Meanwhile, Dronetech startup NxtQube and PadelPark India kept their funding figures under wraps.
In addition to the funding, Gurugram-based direct-to-consumer (D2C) meat brand Zappfresh has acquired Mumbai-based Bonsaro, a company known for its online delivery of poultry, goat and seafood.
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