Funding in Indian startups this week (19 Oct-24 Oct)


This week 17 Indian startups raised funding, of which 12 received a total sum of about $24 million. Among them, Signzy raised the highest funding of about $5.4 million followed by Slintel, which raised $4.2 million.

Meanwhile, funding for 5 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

Signzy: Digital KYC startup Signzy has raised an additional $5.4 million in its Series A round led by Arkam Ventures (Unitary Fund) along with the participation of existing backers.

Shruti Gupta | Entrackr

Slintel: Marketing intelligence startup Slintel has raised $4.2 million in a funding round led by Accel. Sequoia Capital India and existing investor Stellaris Venture Partners also participated in the round.

SoOLEGAL: New Delhi-based legal tech startup SoOLEGAL has raised $4 million in a funding round led by private investors and family offices in India.

Genius Teacher: Quiz-based edtech platform Genius Teacher has raised $2 million in an angel round from Abhijit Bose, Kunal Shah, Sandeep Tandon, Dhruv Agarwal, Justin Sway, Dan Lapus, Nimish Kampani, Gaurav Gupta, and Bikram Bedi, among others.

SUGAR Cosmetics: Mumbai-based makeup and cosmetics brand SUGAR Cosmetics has raised $2 million in debt round from Stride Ventures.

Supplynote: Noida-based Supply chain automation platform Supplynote has raised $0.6 million in a bridge funding round led by the United States-based SOSV and Australia’s Artesian Ventures.

InnAccel: Bengaluru-based medtech startup InnAccel has raised $1.5 million in pre-Series A round led by Mount Judi Ventures.

Rare Planet: Kolkata-based Rare Planet has raised $0.47 million in a pre-Series A funding round led by Uni-M Ventures and Venture Catalysts.

HobSpace: Kids-focused extra-curricular activities organiser HobSpace has raised $0.20 million in a seed round of funding led by early-stage micro venture capital firm Artha Venture Fund.

Krimanshi Feeds: Jodhpur-based Krimanshi Feeds, a startup working in the animal nutrition sector, has raised $0.68 million from Rajasthan Venture Capital Fund (RVCF).

GoodGamer: Bengaluru-based daily fantasy sports and gaming app GoodGamer has raised $2.5 million in its seed funding round led by an undisclosed group of investors.

EzeRx: Kolkata-based medtech startup EzeRx has raised a seed round of $0.23 million led by Odisha-based incubator KIIT-TBI.

Undisclosed deals this week

Ahaguru, TagZ Foods, Nykaa, Tring and Ultraviolette Automotive did not disclose their financial details.

*Every week we track startups that have raised fresh investment. Stay tuned for next week roundup

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