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 29 – August 2, 2024.
The Top 10 Indian Startups Funding Roundup of This Week
Table of Contents
Rapido
Rapido, a mobility startup that is funded by Swiggy, has achieved unicorn status through a $120 million Series E funding round.
Navi Finserv
Navi Finserv, a lending startup led by Sachin Bansal, co-founder of Flipkart, has secured $38 million in a significant securitization deal from JP Morgan.
Cars24
Cars24, an auto marketplace, has secured INR 250 Cr ($29.8 Mn) in funding from its Singapore-based parent company, Global Car Group Limited.
Clix Capital
Clix Capital, a modern non-banking finance company, has secured Rs 220 crore in an equity funding round. The funding was primarily provided by its current investors Apollo Global Management, Pramod Bhasin, and Anil Chawla.
Simple Energy
Simple Energy, a renewable energy and electric vehicle startup, has secured $20 million in its Series A funding round. The round was attended by high-net-worth individuals (HNIs) from family offices.
Kinetic Green
Kinetic Green, the electric vehicle manufacturing division of the Kinetic group, has secured a total of Rs 168 crore or $20 million in funding from Greater Pacific Capital, through a combination of equity and debt.
BharatPe
BharatPe, a fintech company, has utilized non-convertible debentures to raise Rs 85 crore (approximately $10 million) in debt. In 2024, this marks the second debt infusion into the company that is supported by Peak XV and Coatue.
Meragi
Meragi, a wedding services startup, has secured $9.1 million in its Series A round, which was led by Accel.
Gnani.ai
The Series A round of Gnani.ai, a voice-first generative AI firm, has been funded by Info Edge Ventures for Rs 30 crore or approximately $4 million.
WhizHack
WhizHack, a cybersecurity startup, has secured $3 million (INR 25.1 crore) in its Pre-Series A funding round from its current investor, SAAA Capital.
FAQs – Funding Roundup in This Week
Name the Top 10 Indian Startups Funding Roundup in This Week(July 29 – August 2, 2024)?
Rapido, Navi Finserv, Cars24, Clix Capital, Simple Energy, Kinetic Green, BharatPe, Meragi, Gnani.ai, WhizHack, are the top 10 Indian startup Funding Roundup in this week.
