Ayushi Jain

Companies like BluSmart Mobility and MOOEV are transforming the transportation sector with electric vehicles offering cleaner alternatives to traditional fuel-based vehicles.

RaptorX, launched in 2023 by Pratyusha Vemuri, combines fintech, regtech, e-commerce, and AI to focus on fraud prevention, anti-money laundering (AML), and customer risk intelligence.

Funds will be utilize to launch new products & expand offline operations. Founders Sidharth Madan and Vidur Kataria declined to comment on the funding.

IndiaMART's investment aligns with its goal to provide SaaS-based solutions for businesses. Mobisy's main product, Bizom, is a retail intelligence platform for brands and retailers, generating Rs 78.6 crore in revenue in FY24. 

The company also approved an investment of Rs 3 crore to acquire a 9.37% stake in SimDaaS Autonomy through equity shares and compulsorily convertible preference shares (CCPS).

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 25 November – 29 November 2024.

Recently, Piyush Gupta, Peak XV’s former Managing Director, also left after seven years to start Kenro Capital, a secondary-focused fund. Roychowdhary's future plans are not yet known.

NODWIN Gaming announced that its acquisition of 100% of Trinity Gaming will be a mix of secondary sales and stock swaps, totaling up to Rs 24 crore. 

Zeko AI uses GenAI to help businesses grow faster by identifying the right candidates and conducting conversational audio-video interviews for tech and non-tech roles.

Due to the growing demand for flexible workspaces, Incuspaze plans to open new centers in Delhi-NCR, Pune, Bengaluru, and Hyderabad. In July, Incuspaze leased around 580,000 square feet of office space in Gurugram to meet rising corporate demand.