Indian startups raised over $117 Mn this week, led by Even Healthcare and Focus Prism
Newzchain covered 16 Indian startup funding rounds between October 18 and October 24, worth over $117 Mn across the 13 that disclosed an amount.
The largest rounds went to Even Healthcare ($50 million), Focus Prism (₹145 crore) and The Pant Project (₹109 Cr).
Artificial Intelligence
Three Artificial Intelligence startups raised over $10 Mn this week.
Hunar.AI, which provides AI-powered voice agents for frontline workforce operations, raised Rs 40 crore in a Series A round led by Blume Ventures.
Vectorial, which builds AI human behaviour simulation tools, raised $3 million in a round led by SenseAI Ventures, with Smilegate and Berkeley SkyDeck.
Karta AI, which offers an omnichannel customer communication platform, raised $3 Mn in a seed round led by PeerCapital and Cedar Hill Capital.
D2C
Two D2C startups raised over $8.1 Mn this week.
Chapter Home, which builds home and kitchen consumer brands, raised ₹63 Cr (around $6.6 Mn) in a strategic funding round from Bessemer Venture Partners, Stride Ventures and Tanmay Bhat.
So/Facet, which sells lab-grown diamond jewellery, raised Rs 10 crore in a seed round led by Sauce.
Across other sectors
Even Healthcare, which provides managed healthcare and hospitals, raised $50 million in a Series B round led by Khosla Ventures (Healthcare).
Focus Prism, which operates technology-enabled direct food services, raised ₹145 crore from OAKS Asset Management (Foodtech).
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The Pant Project, which sells menswear and womenswear apparel, raised ₹109 Cr in a Series B round led by Mirae Asset Venture Investments (India) (Consumer).
CureBay, which connects patients with rural healthcare providers, raised around ₹100 Cr in a pre-Series C round: over ₹69 Cr in equity led by IvyCap Ventures and around ₹30 Cr in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners (Healthtech).
TravClan, which sells travel services to travel agents and businesses, raised $5 million from Flipkart, August One and Trifecta Capital (Traveltech).
Harajuku Tokyo Café, which runs Japanese-themed cafés and bakeries, raised $3 million in a pre-Series A round led by Zero W, with Indian Angel Network (IAN) and Samved VC (Food and Beverage).
Onto, which helps travellers discover and book hotels, raised $1 million in a pre-seed round led by Stargazer Fund, with White Venture Capital (Travel Tech).
Strokes by Namrata Mehta, which sells bags and accessories, raised Rs 3.3 crore from Shriyam Bhagnani and Deepak Bhagnani Family Office (Consumer Lifestyle).
Premji Invest is leading an investment of up to ₹1,000 crore ($105 million), with Norwest and Lok Capital, in Vegafin, which lends to India's small businesses using AI. Vegafin will use the capital to buy a majority stake in lender Bizloan (Fintech).
As a commitment of up to that amount, it is not in this week's totals. Furtilo, which runs zero-commission delivery for local shops, raised an undisclosed amount in a seed round from Trikona LLC (Ecommerce).
LogiXair, which develops autonomous hybrid-electric cargo VTOL aircraft, raised an undisclosed amount from GrowthCap Ventures (Deep Tech).
Most active investors
Trifecta Capital (CureBay and TravClan) backed two of this week's rounds.
This roundup covers the funding rounds Newzchain reported this week. Rounds with undisclosed amounts are not in the totals.
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