[Funding News] Top 10 Funding Wrap of the Week – September 30 – October 04, 2024

Indian startups raised capital in order to expand and become more successful. Here is this week’s Top 10 Indian Startups Funding Roundup – September 30 – October 04, 2024.

The Top 10 Indian Startups Funding Roundup of This Week

Open AI

OpenAI has raised $6.6B in new funding at a $157B post-money valuation to accelerate progress on its mission.

waycool

According to documents filed with the Registrar of Companies, Grand Anicut granted Rs 100 crore in debt funding to agriculture supply chain startup Waycool.

Basic Home Loan

With the help of CE-Ventures and Bertelsmann India Investments (BII), fintech firm BASIC Home Loan secured $10.6 million (about Rs 87.5 crore) in its Series B round of funding.

Troo Good

A snack brand called Troo Good, which is based on millet, secured Rs 72 crore (about $8.6 million) from Oaks Asset Management. Puro Wellness and V Ocean Investments have also invested.

Furnishka

The furniture store Furnishka secured a total of Rs 45 crore in capital through a pre-Series A funding round headed by IndiaQuotient, totaling Rs 27 crore. Sparrow Capital and two angel investors, Sujeet Kumar and Ramakant Sharma, who are co-founders of udaan, also participated in the round.

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LISSUN

RPSG Capital Ventures led the $2.5 million pre-Series A funding round for the mental health platform LISSUN.

ClayCo Cosmetics

In its Series A fundraising round, ClayCo Cosmetics, a skincare firm based in Mumbai and established in March 2024, successfully secured $2 million (about INR 16 crore) from Unilever Ventures.

ZEVO

The pre-Series A round of $2 million has been raised by ZEVO, a tech-enabled EV mobility platform, with the participation of Pegasus India Fund, BizDateUp, JIIF, and a family office.

Conscious Chemist

Conscious Chemist has raised INR 12 Cr. funding from Atomic Capital. The brand has appointed Apoorv Gautam, Atomic Capital’s Founder and Managing Partner, to its board of directors.

IG Drones

In a seed investment round headed by India Accelerator and including participation from other angel investors, drone-tech firm IG Drones has raised $1 million.