Between July 8 and July 13, 2024, Indian companies secured approximately $114 million in funding, showcasing strong investor confidence. Sixteen firms across diverse sectors, including wealthtech, food, OTT, gaming, healthcare, education, and B2B, benefited from this influx of capital.

In comparison, Indian entrepreneurs raised nearly $259 million the previous week, with Mumbai-based beauty retailer Purplle Group alone securing $120 million. These recent investment rounds provide insight into the sectors attracting the most interest from investors, in contrast to mergers and acquisitions, which often do not disclose financial details.

Significant investments were recorded across various industries, with wealthtech taking the lead. The standout was Dezerv, a Mumbai-based wealthtech startup, which raised $32 million in a Series B round led by Premji Invest, alongside existing investors. Additionally, Infra.market, a B2B e-commerce platform, raised $22 million in debt capital.

Other notable startups also garnered substantial funding. Goat Brand Labs, an e-commerce roll-up firm, raised $21 million, while biotech startup Immuneel Therapeutics secured $12 million. Collegedekho, an education platform, garnered $9 million.

Several emerging startups achieved significant milestones as well. TimBuckDo, an on-demand talent platform, raised $240,000 in a seed funding round. Helium, an AI startup, secured $550,000 in a pre-seed funding round, and Felicity Games, a gaming startup, garnered $700,000 in a pre-seed funding round. Centiriti, a B2B startup, raised $710,000.

Other emerging startups also made notable strides. QarmaTek, an electronics renewal and refurbishment company, secured $1 million, while proptech startup Jugyah raised $1.5 million. House of Biryan, a restaurant chain, garnered $2 million, and healthcare startup Care.fi secured $2.6 million in debt funding.

Significant investments were also made in Circuit House Technologies, a consumer electronics startup that raised $4.3 million, and Planet Marathi OTT, a Marathi language video streaming platform, which secured $5 million in a funding round.

The period also saw notable mergers and acquisitions, indicating strategic expansions and consolidations within the tech and education sectors. L&T acquired Bengaluru-based semiconductor design startup SiliConch Systems for Rs 183 crore. Accenture acquired Excelmax Technologies, a Bengaluru-based semiconductor design services provider. Additionally, Adda247 acquired Ekagrata Eduserv, known for its focus on Chartered Accountancy (CA) test preparation, for an undisclosed sum.

The Indian startup ecosystem continues to thrive, evidenced by the recent fundraising activities. With over $114 million raised in just one week, investor confidence remains robust across various industries. Startups such as Dezerv and Infra.market exemplify the growing trend of leveraging innovative solutions to meet consumer demands.