Indian startups raised over $31 Mn last week, led by Greenjoules and Olyv

Newzchain covered 12 Indian startup funding rounds between November 8 and November 14, worth over $31 Mn across the 8 that disclosed an amount.

The largest rounds went to Greenjoules (Rs 150 crore), Olyv (Rs 57.62 crore) and Froncort.AI ($2.3 Mn).

Clean Tech

Three Clean Tech startups raised nearly $19 Mn last week.

Greenjoules, which converts agricultural waste into renewable fuels, raised Rs 150 crore in a Series B round led by Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity’s Strategic Autonomy Fund.

mistEO, which builds climate decision intelligence and weather forecasting tools, raised Rs 18 crore in a seed round led by MGF-Kavachh, with Seafund.

Recykal, which builds software for waste management and recycling, raised an undisclosed amount in a bridge round from Sachin Tendulkar.

Healthtech

Two Healthtech startups raised $2.3 Mn last week.

Froncort.AI, which builds AI public health platforms for disease surveillance, raised $2.3 Mn led by Google.org.

O-Health, which builds AI-enabled clinical pre-assessment hardware and software for healthcare, raised an undisclosed amount from Sangita Reddy and BugleRock Capital.

Consumer

Two Consumer startups raised funding last week.

QB MEN, which sells printed menswear with traditional Indian prints, raised an undisclosed amount in a pre-seed round led by BeyondSeed, with Rajkot Ventures and Prajay Advisors.

Ember Cookware, which makes non-toxic cookware for home kitchens, raised an undisclosed amount.

Across other sectors

Olyv, which runs an online lending marketplace for personal loans, raised Rs 57.62 crore in a Series C round led by Nippon India Digital, with Fundamentum (Fintech).

Morsa, which builds an AI COO for manufacturing plants, raised $1.5 million in a pre-seed round led by Jackson Square Ventures (JSV), with a16z Scout Fund (Artificial Intelligence).

Rigi, which helps creators turn followings into paid communities and income, raised Rs 10 crore from Google International (Creator Economy).

Hundo Pizza, which runs a delivery-first pizza brand with seven outlets, raised Rs 7.5 crore led by Titan Capital, with Indian Silicon Valley Capital (ISVC) and Ankur Rangnekar (Food & Beverage).

BCC Media Network, which owns digital media properties and creates shows for audiences and brands, raised Rs 2 crore in a seed round led by BeyondSeed, with Rajkot Venture and Mrunal Jhaveri (Media).

Most active investors

BeyondSeed (BCC Media Network and QB MEN) backed two of last week’s rounds.

Rounds in the works

Dhruva Space is in talks to raise Rs 147 crore from IndusBridge Ventures.

PlatinumRx is in talks to raise funding from Sofina Ventures, Inc.

Baaz Bikes is in talks to raise funding from BIG Capital.

This roundup covers the funding rounds Newzchain reported last week. Rounds with undisclosed amounts are not in the totals.