Top Funding Wrap of the Week – 2 Dec – 6 Dec 2024

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 2 December – 6 December 2024.

The Top Indian Startups Funding Roundup of This Week

Godrej Properties

Godrej Properties Limited (GPL) , a leading national real estate developer, today announced that it has raised INR 6,000 crore through the QIP route.

Annapurna Finance 

Annapurna Finance Private Limited (AFPL), a leading Micro & SME Finance institution in India, has raised $109.5 million through a multilateral syndicated social loan facility under the External Commercial Borrowing (ECB) framework. The transaction was exclusively arranged by Standard Chartered Bank (SCB).

Glow

Solar energy startup Glow has raised $30 million in a new funding round, co-led by Framework and Union Square Ventures.

Enterpret 

Enterpret, an AI-powered customer feedback platform, has raised $20.8 million in Series A funding, led by Canaan Partners, a US-based venture capital firm. Other investors, such as Kleiner Perkins, Peak XV (formerly Sequoia Capital India), Wing Ventures, and Recall Capital, also joined the funding round.

Ultraviolette

Electric motorcycle maker Ultraviolette has raised ₹130 crore in funding, reflecting the growing interest in India’s electric vehicle (EV) market.

Orange Health Labs

Orange Health Labs, a healthcare and diagnostics platform, has raised $12 million in a funding round led by Amazon Smbhav Venture Fund. Other investors, including Accel, General Catalyst, Bertelsmann India Investments, and Y Combinator, also took part.

Pathway

Pathway, a company developing live AI has raised $10 million in seed round led by TQ Ventures, with support from Kadmos and Id4 Menlo Park.

Dentalkart

Dentalkart, an online marketplace for dental shopping, has raised Rs 85 crore in its recent funding round led by foreign institutional investors—Malabar Investment and Whiteoak. 

Nodwin Gaming

Nazara Technologies approved Rs 64 crore in investment for Nodwin Gaming, a player in the modern youth entertainment, gaming, and esports market.

MasterChow

MasterChow, based in Delhi-NCR has raised $6.5 million in a Series A funding round led by Singapore's Tanglin Venture Partners, according to sources.

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