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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
Table of Contents
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.
FAQs – Funding Roundup in This Week
Name the Top 10 Indian Startups Funding Roundup in This Week(July 22 – July 26, 2024)?
InMobi Pte, SIDBI,Vanta, Unimech Aerospace, Stable Money, Auxilo, Mira, Incuspaze, Wingreens Farms, Nasher Miles, are the top 10 Indian startup Funding Roundup in this week.