Top Funding Wrap of the Week – 9 Dec – 13 Dec 2024

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.

The Top Indian Startups Funding Roundup of This Week

Brookfield India REIT

Brookfield India Real Estate Trust has raised Rs 3,500 crore (around $415 million) by selling units to institutional investors, including the International Finance Corporation, the private investment arm of the World Bank Group.

Rebel Foods

IPO-bound cloud kitchen operator Rebel Foods has raised $210 million in its series G mix funding round of primary and secondary share sales.

Mintifi  

Supply chain financing startup Mintifi secured $180 million in its Series E funding round, co-led by Teachers’ Venture Growth (TVG) and global investment firm Prosus, with existing investor Premji Invest also contributing in this round.

Anthea Aromatics Pvt Ltd.

India Resurgence Fund (IndiaRF) has invested Rs 1,000 crore in Anthea Aromatics Private Limited, making it the largest shareholder in the company.

CarDekho SEA

CarDekho SEA, a part of India's CarDekho Group, an automobile website, has raised $60 million in its first round of external funding.

Haber

 Artificial intelligence-driven robotics startup Haber has raised $44 million in its Series C round led by BEENEXT,Creaegis and Accel. 

Wooden Street

Wooden Street, a furniture and home decor brand, has raised Rs 354 crore ($43 million) in its Series C funding round from Premji Invest. Before this, the company raised $30 million from Westbridge in April 2022, bringing the total funding to $78 million.

SolarSquare

SolarSquare, a company that installs solar systems, has announced a $40 million in Series B funding round. The round was led by Lightspeed Venture Partners, with support from Lightrock. This is the largest venture capital funding in India's solar industry.

LambdaTest

Avataar Ventures led a $38 million fundraising round for cloud-based testing platform LambdaTest, in which Qualcomm Ventures also participated. The firm, which is located in San Francisco and Noida, had been without funding for almost 30 months until receiving this new capital.

OneCard

FPL Technologies, the company which runs mobile-first credit card startup OneCard, has raised about $25.5 million in a new funding round. The funding round was led by QED Investors, with participation from Peak XV Partners and Z47 (formerly Matrix Partners India).

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