[Funding News] Top 10 Funding Wrap of the Week – July 22 – July 26, 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 – July 22 – July 26, 2024.

The Top 10 Indian Startups Funding Roundup of This Week

InMobi Pte

A quick or brief look. InMobi Pte., a mobile content provider, is currently in advanced discussions to obtain a fundraising round of up to $250 million. 

SIDBI

The Green Climate Fund (GCF) has granted approval for a loan facility of $215.6 million to one of the projects of the Small Industries Development Bank of India (SIDBI).

Vanta

Vanta, an online security and compliance management platform has secured $150 million in a recent investment round. The funding was spearheaded by venture capital company Sequoia Capital, resulting in a valuation of $2.45 billion for Vanta.

Unimech Aerospace

Unimech Aerospace has secured a total of Rs 250 crore ($30 million) from Steadview Capital Mauritius Limited, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd through a private placement transaction.

Stable Money

The fintech firm Stable Money has successfully secured more than Rs 123 crore, equivalent to around $15 million, in a recent funding round led by RTP Capital, Lightspeed India, and Matrix Partner.

Auxilo

Jade Inclusion Ltd., an investment vehicle of LeapFrog Investments, has provided $30 million to Auxilo Finserve, an NBFC that concentrates on education.

Mira

Mira, a crypto-AI firm focusing on building decentralized machine-learning infrastructure, has emerged from stealth, garnering $9 million in a seed investment round.

Incuspaze

Incuspaze, a business that provides coworking space, has secured $8 million (about INR 67 crore) in its first investment round. The funding was led by India Inflection Opportunity Fund and other financial institutions.

Wingreens Farms

Walgreens Farms, a firm that specialises in packaged food, is seeking to secure $4.3 million (36.2 crore Indian rupees) in debt capital from more than twelve investors.

Nasher Miles

In its bridge round to Series A, Nasher Miles, a digital-first luggage brand, has secured $4 million in funding from Singularity Early Opportunities Fund, Narendra Rathi (SoftBank Vision Fund), Sulabh Arya, and Mohit Goyal, alongside other investors.