[Funding News] Top 10 Funding Wrap of the Week – August 12 – August 16, 2024

Indian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Indian Startups Funding Roundup – August 12 – August 16, 2024.

The Top 10 Indian Startups Funding Roundup of This Week

Zepto

Zepto, a quick commerce startup, has effectively raised $340 million in a new funding round, resulting in a valuation of the three-year-old company at $5 billion.

Oyo

Oyo, a leading company in the hospitality industry, has successfully secured Rs 1,457 crore (about $175 million) in a Series G funding round.

Syfe

Syfe, a savings and investment platform, has secured $27 million ($226 crore) in financing, bringing the total amount raised to $79 million.

Kinetic Green

Kinetic Green, the electric vehicle manufacturing division of the Kinetic group, has secured a total of Rs 168 crore or $20 million in funding from Greater Pacific Capital, through a combination of equity and debt.

Vayana

Vayana, a trade finance platform, has secured $20.5 million in funding from investors led by Sumitomo Mitsui Banking Corporation (SMBC) Asia Rising Fund to support its strategy of introducing new products.

Fresh Bus

Fresh Bus, a startup that specializes in all-electric intercity buses, has successfully secured Rs 87.5 crore ($10.5 million) in its Series A investment round.

Beco

Beco, an eco-friendly home, kitchen, and personal care brand that is locally based, has secured $10 million in its pre-Series B round, which was led by Tanglin Venture Partners.

Innoviti 

Innoviti, a provider of point of sale (PoS) and payment gateways, with debt and equity of Rs 70 crore ($8.5 million).

Kazam

Kazam, a startup in the field of electric mobility, has successfully raised $8 million in its Series A3 fundraising round.

4baseCare

Yali Capital has led the Series A funding round for healthcare firm 4baseCare, resulting in a total of $6 million raised.