Top Funding Wrap of the Week – 04 Nov – 08 Nov 2024

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 04 November – 08 November 2024.

The Top Indian Startups Funding Roundup of This Week

Easy Home Finance 

Easy Home Finance, a home finance startup, has raised $35 million in a funding round led by Ranjan Pai’s family office, Claypond Capital, and Asia Rising Fund.

Haldiram Bhujiawala

Snack brand Haldiram Bhujiawala has secured INR 235 crore from private equity investment Pantomath's Bharat Value Fund (BVF) in return for a minority share.

Boldfit

The direct-to-consumer fitness and nutritional supplement company Boldfit has secured Rs 110 crore, or roughly $13 million, from Bessemer Venture Partners, a venture capital firm.

GalaxEye 

MountTech Growth Fund, a strategic investor in the spacetech startup, has led the $10 million Series A investment round in GalaxEye.

CynLr

CynLr, a robotics platform based in Bengaluru, secured $10 million, or roughly INR 84 crore, in a Series A fundraising round headed by Athera Venture Partners (previously Inventus India) and Pavestone.

Marut Drones 

Marut Dronetech, a leading drone technology company has secured $6.2 million in Series A funding from Lok Capital.

Hala Mobility 

EV platform Hala Mobility has raised pre-Series A funding of $6 Mn (INR 51 Cr) in a mix of debt and equity rounds. 

The Hosteller 

In a funding round headed by V3 Ventures, the backpacker hostel chain The Hosteller secured Rs 48 crore through a combination of debt and equity. This includes a Rs 16 crore debt owed to Blacksoil, a venture capital platform.

thesys 

AI startup thesys has raised $4 Mn (about INR 33.7 Cr) in a seed funding round led by Together Fund. 8vc also participated in the round. 

Pulse

AI startup Pulse has secured $1.4 Mn (about INR 11.8 Cr) in a seed funding round led by Endiya Partners. Angel investors, including the founders of Zluri and Yellow.ai, also participated in the round.