[Funding News] Top 10 Funding Wrap of the Week – October 07 – October 11, 2024

Indian startups raised capital in order to expand and become more successful. Here is this week’s Top 10 Indian Startups Funding Roundup – October 07 – October 11, 2024.

The Top 10 Indian Startups Funding Roundup of This Week

Millenium Babycares

The Bharat Value Fund (BVF) has closed its Rs 122 crore private placement round, with Millennium Babycares Ltd offering a sizeable minority share. The money raised will be used by Millennium to grow its market share both domestically and abroad.

Economy Process Solutions

Economy Process Solutions, a company specializing in the design and supply of process equipment and vacuum systems, has secured Rs 100 crores ($12 million) in a Series A funding round led by Stakeboat Capital Fund II.

Urja Mobility

A pre-Series A funding round including debt and equity funding has secured Rs 100 crore ($12 million) for UrjaMobility,. Hindon Mercantil and Mufin Green Finance co-led the round.

BioPrime

BioPrime Agrisolutions (BioPrime), an agribiotech business, has secured $6 million in its Series A round led by Edaphon, with investment from Omnivore and Inflexor.

Swara Fincare

With the help of the Serica Angel Fund and UC Impower, NBFC Swara Fincare has secured Rs 19.4 crore ($2.3 million) in a Series A funding round.

Figr

With backing from Antler, Golden Sparrow, individual investors, and Kalaari Capital, Bengaluru-based product design startup Figr secured USD 2.25 million in Series A funding.

ZenStatement

ZenStatement, which automates finance and manages cash flow, secured $1.62 million in an investment round led by 3One4 Capital and Boldcap VC, with support from Atrium Angels and Dynamis Ventures.

Sports For Life

Sports For Life (SFL), a new startup, launched by Sourjyendu Medda, has secured $1.1 million in funding. Medda, the CEO, formed SFL with Khushboo Talukdar and Arman Tandon, a former Cartesian employee. Anshu Prasher, a partner of Whiteboard Capital, serves as an advisor.

Datazip

In a seed fundraising round, Datazip, a data engineering company with headquarters in Bengaluru, has secured $1 million, with Equirus InnovateX Fund investing Rs 6 crore. The additional funds would be used to create cutting-edge data analysis and products for engineering in India.

Onlygood ai

Onlygood.ai has secured Rs 4 crore, or roughly $500,000. Goel Group, IIT Madras Incubation Cell (IITMIC), and Daimler India Commercial Vehicles (DICV), which has acquired a 1.5% equity investment at a predetermined valuation, co-led the round.