Top 10 Funding Wrap of the Week - July 1 - July 5, 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 1 – July 5, 2024.

The Top 10 Indian Startups Funding Roundup of This Week

Purplle

The Abu Dhabi Investment Authority (ADIA) subsidiary has led a funding round for beauty e-commerce marketplace Purplle, which has raised approximately $120 Mn.

Sentient

A blockchain-based AI company called Sentient has raised $85 million in a seed round led by Panera Capital, Framework Ventures, and Peter Thiel’s Founders Fund.

Emcure Pharma

Emcure Pharmaceuticals has raised $69.84 Mn from anchor investors a day before its initial share-sale offer opening for public subscription.

Xcelerate

Xcelerate has raised USD 52 Mn in Debt Funding from Orion Capital Asia. Xcelerate will utilize the funding to refinance existing debt pursue its inorganic growth strategy, and further consolidate its businesses across APAC, UK, and Australia.

Oyo

InCred Wealth and Investment has provided Oyo with approximately $50 million. Oyo intends to allocate these funds towards acquisitions, global expansion, and advancements in its business strategies.

AstraZeneca

AstraZeneca India Private Limited has raised $30 million investment to enhance its Global Innovation and Technology Centre (GITC) in Tamil Nadu.

Arya.ag

Agritech startup Arya.ag has secured $29.2 million in funding from its current investors.

Awign

Japan-based Mynavi Corporation has invested $24.5 million in Bengaluru-based HR tech startup Awign.

Comet

Underled by Elevation Capital, D2C shoe brand Comet has received about $5 million in its Series A round.

Pepul

Pepul Tech Pvt Ltd, a business in the social media industry, has successfully raised $4 million funding round. The company plans to use the most recent capital to further develop its two primary products – Pepul, a business-to-consumer (B2C) platform; and Workfast.ai