Ayushi Jain

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 9 December – 13 December 2024.

Elevation has invested in nearly 30 AI companies in the last four years. The company said Mehra, based in Silicon Valley, will help boost Elevation’s leadership in the SaaS and AI sectors.

A separate mobile app for the new service is available for download on both Android and Apple devices. The app, still in pilot mode, lets users import contacts and addresses from their Zomato account.

Gukesh is four years younger than the legendary Garry Kasparov was when he won his first world title in 1985. Gukesh also became the second Indian, after Viswanathan Anand, to win the classical chess world championship title.

With this funding, OneCard plans to improve its technology and work closely with banks and other regulated entities to develop new products.

The funding is part of the YourNest-SanchiConnect Velocity Program 2024, an accelerator program by YourNest and SanchiConnect to support fast-growing startups.

Peppy competes with brands like Ranveer Singh-backed Bold Care,That Sassy Thing and Trifecta Capital-backed MyMuse. These competitors already have a strong presence in popular channels like quick commerce and e-commerce.

The new platform combines airside, landside, and terminal operations into one system. It uses digital technologies like AI and real-time analytics to make the flying experience smoother for passengers.

VergeCloud will use this funding mainly to reach more customers and make it easier for businesses to transition to cloud-based solutions. Founded in 2023, Bangalore-based VergeCloud offers solutions to key challenges in modern IT systems.

The funds will be used to improve its technology, strengthen its omnichannel retail strategy, hire new talent, and expand its product offerings.