Top Funding Wrap of the Week – October 28 – November 01, 2024

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – October 28 – November 01, 2024.

The Top Indian Startups Funding Roundup of This Week

NBFC Finova Capital

NBFC Finova Capital has raised $135 Mn in a Series E funding round from Avataar Venture Partners, Sofina and Madison India Capital, and Norwest Venture Partners.

Vridhi Home Finance

NBFC Vridhi Home Finance has raised INR 310 Cr (around $36.9 Mn) in a Series B funding round led by Norwest Venture Partners. 

Zinc

Quona Capital, EDBI, Global Ventures, Saison Capital, and Nexus Venture Partners led the $25.5 million seed fundraising round for edu-wealth company Zinc.

Country Delight

D2C brand Country Delight has secured INR 200 crore in venture debt from Alteria Capital.

Arya.ag

The United States International Development Finance Corporation (DFC) has committed $19.8 million (INR 166.4 crore) to the agritech firm Arya.ag.

Auquan

Auquan, an AI fintech startup has raised an additional USD 4.5 mn in seed funding. Led by Peak XV's Surge, with participated from returning investor Neotribe Ventures, this investment brings Auquan's total seed funding to $ 8 million.

PopVax

PopVax is pleased to announce that its ongoing research effort to develop lipid-polymer delivery formulations for thermostable mRNA vaccines has been funded by the Bill & Melinda Gates Foundation under a 1.15 million USD project agreement signed in October 2023.

COOX

Inflection Point Ventures led the $125,000 seed round for COOX, a home-service startup.