Funding News

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 11 November – 15 November 2024

The ePlane Company which works on electric vertical takeoff and landing (eVTOL) aircraft in India that has raised $14 million in a Series B funding round. The round was co-led by Speciale Invest and Antares Ventures.

Zeplyn is a platform created to simplify wealth management, has raised $3 million in seed funding with Leo Capital leading the investment.

This investment represents India IVF's first external funding since its inception, following a decade of profitable operations across its 5 North Indian centers which include clinics in Delhi NCR & Srinagar

With the help of this capital, the firm hopes to reach 10 million customers by expanding to 20,000 cities and villages over the following 12 months. It is presently active in Tamil Nadu and intends to expand into the other states.

The funding will be used by the startup to increase its footprint in the United States.

Existing investors, including the VC firm Elevation Capital, also participated in the round.

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.

With the capital, the company aims to increase its production capacity and explore markets outside of its present cities in eastern and northeast India.

The money will be used by the business to expand its workforce and improve its AI and large language model (LLM) capabilities.