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📢 Today’s Business News: Funding, Insights, and Developments 🚀 1️⃣ Abyro Capital Floats $25 Mn Fund To Back India, US Startups 🌍💰 Abyro Capital has launched a $25 million fund to support emerging startups in India and the US. The fund aims to fuel innovation and provide early-stage support to high-potential entrepreneurs. 🔑 This move underscores the growing interest in cross-border startup ecosystems. 2️⃣ Zepto Expands To Uttar Pradesh 🛒🚛 Quick-commerce startup Zepto is expanding its operations to Uttar Pradesh, bringing its lightning-fast grocery delivery services to a broader audience. 📦💨 Click here for all news :)

Weekly Funding and Acquisitions Report (15-20 July) The Indian startup ecosystem witnessed a bustling week with 29 startups securing a total funding of approximately $138 million. The major highlights include significant investments in growth and early-stage startups across various sectors. Below is a detailed breakdown of this week’s funding and acquisition activities: Major Fundraisers Niyo: Secured $30 million, leading the growth-stage deals. AppViewX: Raised $20 million in a Series B round. Early-Stage Highlights Eka Care: Topped the early-stage deals with a $15 million Series A round. EndureAir Systems: Secured funding with undisclosed amounts. Fitterfly: Raised an undisclosed amount. City-Wise Breakdown Bengaluru: Dominated the funding scene with 16 startups raising $100.66 million, accounting for 73.12% of the total funding. Delhi-NCR: 4 startups raised $10.75 million. Segment-Wise Breakdown SaaS: Led the segment-wise funding with $21.1 million across 4 deals. Healthtech: Continued to attract significant investment, with Eka Care and Fitterfly among the notable fundraisers. Fintech, Edtech, D2C Brands, Agritech, Foodtech: These sectors also saw considerable investment activity. Mergers and Acquisitions Harappa Education: Acquired by upGrad. Omuni: Acquired by Shiprocket. Syntizen: Acquired by M2P Fintech. Flinkhub: Acquired by Hesa. Venture Capital Fund News Auxano Capital: Raised a $25 million fund dedicated to Indian startups. First Cheque: Closed its second fund at $4.75 million. Additional Highlights Undisclosed Deals: Financial details of 5 startups remain undisclosed. Top Early-Stage Deals: Eka Care ($15 million), and notable mentions of drone startup EndureAir Systems and healthtech startup Fitterfly. Tags: #StartupFunding #IndianStartups #VentureCapital #TechNews #Entrepreneurship #GrowthStage #EarlyStage #SaaS #Healthtech #Fintech #Edtech #D2C #Agritech #Foodtech #BengaluruStartups #DelhiNCRStartups Read more on - https://lnkd.in/g6TbD4rv

THE FUNDING SCHOOL : TFS - By October 14th, 2024, India's startup ecosystem has continued its upward trajectory, with impressive funding rounds fueling innovation and expansion across industries. This period has seen key investors backing dynamic startups, setting the stage for the next wave of entrepreneurial growth. Dive into the latest trends, major investments, and emerging startups driving India's thriving startup scene. 1. Beauté Secrets, a D2C beauty tools firm, has secured Rs 1.6 crore in debt from Velocity to expand its presence on quick commerce platforms and introduce new products. 2. Bengaluru-based product design startup Figr has raised $2.25 Mn (about INR 18.8 Cr) in its seed funding round led by venture capital firm Kalaari Capital. 3. ZenStatement has raised $1.62 million in its seed round led by 3one4 Capital and BoldCap VC, with participation from Dynamis Ventures and Atrium Angels. 4. Millennium Babycares Pvt. Ltd. an Indore-based company that specializes in baby care, femcare, and adult care products, recently raised INR 122 crore in funding from @Bharat Value Fund. 5. Swara Fincare Limited has successfully raised Rs 19.4 crore ($2.3 million) in a Series A funding round led by UC Impower with participation from Serica Angel Fund. 6. Aerial intelligence platform AEREO has picked up $1.8 million as part of its Series B funding round led by JSW Ventures. 7. Travel-tech startup Holiday Tribe has raised Rs 5.4 crore in its seed round led by Powerhouse Ventures and GSF with participation from other notable investors. 8. Nayan Tech, an innovative AI-based startup providing smart city solutions for traffic monitoring, has raised $2 million in its pre-Series A round led by BEENEXT and other investors including We Founder Circle, Venture Catalysts++ | India's 1st Multi-Stage VC, LetsVenture, Faad Capital. 9. Urja Mobility, a startup specializing in battery leasing for commercial electric vehicles (EVs), has raised Rs 100 crore ($12 million) in its pre-Series A funding round, which includes both debt and equity financing. The round was co-led by Mufin Green Finance and HINDON MERCANTILE LIMITED. 10. Datazip, a Bengaluru-based data engineering startup, has raised $1 million in a seed funding round, with Equirus InnovateX Fund contributing Rs 6 crore. #startup #startups #venturecapital #preseed #seedfunding #seedcapital #capital #equity #debt #ai #data #femcare #babycare #traveltech #data #engineering #electricvehicles #investors #seriesa #startupindia #entrepreneur

#Startups : Startups recognised under the government’s Startup Initiative have created over 16.6 lakh direct jobs across 55 industries, showcasing the transformative power of #innovation and #entrepreneurship. https://lnkd.in/guzrJWM5

𝐍𝐞𝐰𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐟𝐨𝐫 𝟎𝟓𝐭𝐡 𝐉𝐮𝐥𝐲 𝟐𝟎𝟐𝟒 1. 𝐕𝐢𝐝𝐞𝐨 𝐭𝐞𝐥𝐞𝐦𝐚𝐭𝐢𝐜𝐬 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 Cautio 𝐫𝐚𝐢𝐬𝐞𝐬 𝐑𝐬 𝟔.𝟓 𝐂𝐫 𝐢𝐧 𝐩𝐫𝐞-𝐬𝐞𝐞𝐝 𝐫𝐨𝐮𝐧𝐝   Cautio, a video telematics startup, secured Rs 6.5 crore ($780k) in a pre-seed round led by Antler, 8i Ventures, and 𝐀𝐔 𝐁𝐚𝐧𝐤. The funding, comprising equity and debt, also saw contributions from early customers and Angel Investors Network. Co-founded by Ankit Acharya and Pranjal Nadhani, Cautio focuses on deploying safety solutions in India using customizable dash cams and AI-driven technology to enhance driver conduct and operational efficiency. 2. 𝐀𝐠𝐫𝐢𝐭𝐞𝐜𝐡 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 Arya.ag 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟐𝟗 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐭 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 $𝟑𝟐𝟓 𝐌𝐢𝐥𝐥𝐢𝐨𝐧   Agritech startup Arya.ag raised approximately Rs 242.36 crore ($29.2 million) from existing investors, issuing 53,695 CCPS at Rs 45,137 each. Valued at around Rs 2,700 crore ($325 million) post-investment, Arya.ag connects agri producers and buyers, offering ancillary services like warehousing and financing. It achieved profitability in FY23 with Rs 7.58 crore profit on Rs 290 crore revenue, projecting Rs 360 crore revenue and Rs 17 crore profit for FY24. 3. Plus Gold 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟏.𝟐 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐥𝐞𝐝 𝐛𝐲 JITO INCUBATION & INNOVATION FOUNDATION   Plus Gold, a gold investment app, raised $1.2 million in a seed funding round led by JITO INCUBATION & INNOVATION FOUNDATION, with Venture Catalysts++ | India's 1st Multi-Stage VC, 𝐒𝐨𝐧𝐚𝐤𝐬𝐡𝐢 𝐒𝐢𝐧𝐡𝐚, and others participating. Founded in May 2022, it facilitates gold investments via SIPs or one-time transactions, allowing redemption into physical jewellery. Plus Gold aims to enhance tech infrastructure, user experience, security, and AI-driven advisory features. It competes with firms like 𝐈𝐧𝐝𝐟𝐢𝐚𝐠𝐨𝐥𝐝, Rupeek, and Jar in the online gold investment market. 4. LXME 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟏.𝟐 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐬𝐞𝐞𝐝 𝐫𝐨𝐮𝐧𝐝 𝐥𝐞𝐝 𝐛𝐲 𝐊𝐚𝐥𝐚𝐚𝐫𝐢’𝐬 CXXO LXME, a fintech platform for women, raised $1.2 million in its seed round led by Kalaari Capital's CXXO initiative. Investors included 𝐘𝐚𝐬𝐡 𝐊𝐞𝐥𝐚, 𝐀𝐦𝐚𝐲𝐚 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬, 𝐀𝐦𝐢𝐭 𝐊𝐡𝐚𝐧𝐧𝐚's family office, Capri Holdings Limited, 𝐃𝐒𝐏'𝐬 𝐀𝐝𝐢𝐭𝐢 𝐊𝐨𝐭𝐡𝐚𝐫𝐢, and others. Founded by 𝐏𝐫𝐢𝐭𝐢 𝐑𝐚𝐭𝐡𝐢 𝐆𝐮𝐩𝐭𝐚 and 𝐑𝐢𝐝𝐡𝐢 𝐊𝐚𝐧𝐨𝐫𝐢𝐚 Doongursee, LXME offers financial products and a community for women. Funds will boost brand building, user acquisition, and technology enhancements for better user engagement. 𝐅𝐨𝐥𝐥𝐨𝐰 Corporate Valuations 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐬𝐮𝐜𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 #newhighlight #newsupdates #Startups #Investment #Growth #Funding #StartupFunding #CorporateGrowth #Investmen #EquityFunding #funds #Valuation #StartupNews #Fintech #StartupInvestment #VentureFunding #ValuationServices #CorporateFinance #BusinessValuation

#WeeklyIndianStartupUpdates - Part 1 It was a busy week in the startup ecosystem where as many as 33 Indian startups raised around $935.35 Mn in funding this week. These deals count 13 growth-stage deals and 20 early-stage deals. Early Stage Deals: OrbitShift.AI, Building an AI-powered one-stop sales platform for businesses, has raised $7 Mn in seed funding from Peak XV and Stellaris Venture Partners, to fuel the expansion of product footprint and geographical reach. Alyve Health, platform for preventive health management with personalized healthcare plans, has raised $5.5 Mn in a Series A funding round led by Axilor Ventures, 1Crowd Fund and Inhealth Ventures, for platform enhancement, talent acquisition, expansion of operations, amplification of services, and higher member engagement. Balwaan Krishi, agritech startup making farm equipment, has raised $3.3 Mn from JM Financial to enhance marketing efforts, support working capital needs, and expand the distribution network. The Pant Project, a D2C fashion brand focused on custom-made and ready-to-wear pants, has raised $4.25 Mn in a series-A round led by Sorin Investments, among others, to open new brick-and-mortar stores across the country and expand its bottom wear offerings. Skye Air Mobility, a drone logistics solution provider, has secured Series A funding of $4 Mn from Mount Judi Ventures, Chiratae Ventures, among many others, which will be used to expand the company's operations across Gurugram and other cities for healthcare, and quick-commerce deliveries. Supermoney (GetClarity Fintech Services Pvt Ltd), SME-focused lending platform has secured $3.4 Mn from Capital 2B and Capria Ventures, to expand loan disbursement activities and improve operational efficiencies. Distil, a specialty chemical platform, has raised $3.1 Mn in a seed funding round led by Jungle Ventures and India Quotient, with participation from other investors, to expand its teams across sales, research and development, and other areas. MaximAI, an enterprise-grade evaluation and observability platform for AI applications, announced a $3 Mn funding round led by Elevation Capital, among others, to use the funds to expand its team and scale its operations to partner with more leading enterprises building AI products. MeetRecord, revenue automation startup helping businesses increase sales and focus on customer engagement, has raised $2.7 Mn in a pre-series A funding round led by SWC Global and All In Capital. POP, Fintech enhancing shipping and payment experiences, has raised $2.4 Mn led by India Quotient and other angels, funds will be used to expedite various initiatives, including the launch of POP UPI Play. Unikon.ai, AI-powered social media platform, has raised $2 Mn in its seed round from multiple angels. It helps by offering 1:1 conversations to its users on diverse topics, and a personalized content feed.

Part - 3 TaxGenie.in, developing GST compliance and automation has raised an undisclosed amount from strategic investor Veefin. LandEED RealEstate, platform for property title search engine, has closed a strategic financing round led by Paradigm Shift VC for product line enhancement and workforce expansion. Fanisko, offering solutions to engage sports fans, has raised an undisclosed amount from angels to expand product offerings in AR, VR, GenAI, and cloud computing. Nirwana.AI, AI-powered interior designing tool. Raised seed funding from Canadian firm and HNI Family Offices for market expansion. Lazy Cocktails & Co.,making bar-quality cocktail mixers, has secured undisclosed seed funding led by Agility Ventures for expanding product line and market presence. LEO1, edu-fintech company, announced strategic investment from Indian cricket captain Rohit Sharma to resolve cash flow issues in educational institutes and provide solutions for students across India. Growth Stage Deals: Zepto, has received $665 Mn in a funding round from existing investors Glade Brook Capital, StepStone Group, and Nexus Venture Partners, among others, at a valuation of $3.6 Bn. Ummeed Housing Finance Pvt. Ltd., Provides affordable housing loans and secured small-ticket business loans. It has raised a Series F funding equity round of $76 Mn from A91 Partners LLP, Mirae Asset Venture Investments and other existing investors to drive the company’s expansion Aye Finance Pvt. Ltd, a micro-lending platform, has raised $30 Mn in debt funding from FMO, the Dutch bank, for extending loans to MSMEs in India. Bira 91, craft beer marker brand, has raised $25 Mn via ECB from its existing investor Kirin Holdings. slice, fintech unicorn, has raised $20 Mn in a debt funding round from Neo Asset Management for corporate purposes and working capital requirements. wrogn ltd, men’s wear brand, has received INR 125 Cr from TMRW House of Brands, of Aditya Birla Ventures, to accelerate its omnichannel expansion by growing its physical presence and enhancing the D2C business. Stanley Lifestyles, furniture maker, has raised INR 161 Cr from anchor investors ahead of its initial public offering. Shivalik Small Finance Bank, has raised INR 100 Cr in equity co-led by global venture capital firm Lightspeed and Sorin Investments along with Accel and Quona, to enhance its tech stack, strengthen its team, and further develop the product proposition. Dvara KGFS, NBFC has raised $7 Mn through ECB from Enabling Qapital for ongoing lending activities and creating wealth opportunities for deep rural parts of India. Aviom India Housing Finance Private Limited, a company providing housing loans to low-income households in India, has secured $5 Mn debt funding from InsuResilience. Amica Financial Technologies Private Limited, NBFC business of consumer-focused neo-banking startup Jupiter, has raised INR 20 Cr in its maiden equity funding round that was led by Peak XV Partners.

Startup Funding Updates: May 6 - May 11 2024 Investment in the Indian startup ecosystem was low as compared to the previous six days period. Startups raised around $220.2 Mn across 21 deals, a 30% decline from the last to last week's $316 Mn secured in 23 deals. Here are the details of all the 21 startups that got deals: 1. Atlan - Enterprisetech company in B2B business model raised $105 Mn in Series C funding. 2. GreenCell Mobility - In Travel Tech sector with B2B business model raised $36.7 Mn in Credit. 3. K12 Techno Services - Edtech company raised $27 Mn. 4. Superplum - Agritech startup dealing in B2B business model raised $15 Mn in Series A funding. 5. LendingKart - Fintech startup and raised around $10 Mn in Debt. 6. Poshn - Agritech company raised around $4 Mn in pre-Series A funding round. 7. Myelin - Enterprisetech company in Horizontal SaaS dealing in B2B business model raised around $4 Mn in Equity. 8. Ecozen - Cleantech startup that raised around $2.9 Mn. 9. Parseable - Enterprisetech company in B2B business model raised $2.75 Mn in seed funding round. 10. BharatRohan - Deeptech Drontech company that raised around $2.3 Mn pre-IPO. 11. Cornext - An Agritech startup that raised around $2.2 Mn in seed round. 12. REGRIP - Cleantech waste management startup dealing in B2B - B2C business model raised around $2 Mn. 13. ICON - eCommerce Luggage Bag startup that raised around $1.2 Mn in seed funding round. 14. Atomgrid - Ecommerce startup dealing in B2B business model raised $1.2 Mn in seed funding round. 15. Eternz - eCommerce D2C startup that raised around $1.15 Mn in pre-seed round. 16. Knit - An Enterprisetech Horizontal SaaS startup raised $1 Mn in seed round. 17. Centriti - A new Logistics Supply Chain startup that raised around $719K in pre-Series A funding round. 18. 50Fin - A Fintech startup that raised around $550 K. 19. Treacle - Enterprisetech company dealing in B2B business model raised around $479 K in pre-seed funding round. 20. GyanLive - An Edtech test preparation startup raised at an undisclosed value. 21. QUE - An e-commerce solutions startup that raised at an undisclosed value. To know more about funding and venture capitalists, don't forget to follow IBU Advisory #fundingnews #ibuadvisory #breakingnews #indianstartups #latestfunding #fundraise #startups

Indian startups surged ahead, taking in $628.24 million in funding, 175% more than last week’s figures. Growth-stage and early-stage deals marked the funding scenario this time around. . The growth-stage funding sphere was abuzz with 14 startups raising funds amounting to $566.44 million in total. The top one was PW (PhysicsWallah), the edtech startup, with $210 million raised for a massive funding round. Other prominent players in this portfolio are SaaS-based digital adoption solution provider Whatfix, API infrastructure platform M2P Fintech, omnichannel diagnostics service provider Redcliffe, and digital infrastructure company iBUS; and mobility startup Everest Fleet Pvt. Ltd., which raised significant deals between $30 million and $100 million. . To read more info check out this link: https://buff.ly/3XQd2nV . Follow us for more information: Business Outreach . . . #BusinessOutreachmagazine #BusinessOutreach #Startup #funding #weeklyreport #weekend #digital #Investor #Growth #ecosystem

Part - 2 EUME, premium luggage maker, raised $1.2 Mn in a funding round led by Ashish Kacholia, to streamline operations, expand the team, drive innovation, build an offline retail presence, invest in technology and enhance brand awareness. Prosperr.io, Fintech SaaS platform for automating income tax, has raised $1.55 Mn in its pre-seed round led by Gokul Rajaram among other angels, to develop the company’s AI-first tax advisor. GreyLabs AI, a speech analytics platform for financial institutions, has raised over $1.5 Mn in a seed round led by Matrix Partners India, it is all set to revolutionize how banks, financial institutions, and fintechs extract actionable insights from unstructured data. Go Zero, ice cream maker, has raised $1.5 Mn in its follow-on pre-Series A funding round led by existing investors DSG Consumer Partners, Saama, and V3 Ventures, among others, for expanding its growth in quick and e-commerce and reaching Tier 1 cities. Ayna, enabling brands to create studio-quality product photoshoots without physical photoshoot, has raised $1.5 Mn led by Inflexor Ventures, to enhance capabilities, expand team and expand business operations. Asaya, skincare brand, has raised INR 12 Cr in seed funding led by OTP Ventures and Huddle Ventures, for R&D of products that cater to melanin-specific needs, and enhancing market reach. Rockit, new-age beverage brand, raised INR 6 Cr pre-seed investment round led by Sauce.VC and Rannvijay Singha, for scaling offline distribution in North India and creating brand awareness and increased presence in the market. Aviotron Aerospace , EdTech startup provider of training workshops to educational institutions and corporates, has raised $250k in a fresh funding round from Enrission India Capital Inc. Metis uses AI and ML to create solutions for BFSI by capitalizing on, triangulating, and collating multiple sources of information, has raised INR 1.3 Cr from Inflection Point Ventures, for developing cutting-edge solutions, maximizing strategic use cases, and investigating opportunities for local and international outreach. BioCompute Inc, startup using DNA for data storage, won a non-equity climate entrepreneurship grant worth Rs 31 lakh at the SusCrunch 2024 event. Anveya Living Private Limited, owns D2C brands offering cosmetics and haircare solutions has raised an undisclosed sum from Ananta Capital for developing new products and global expansion. Praan, specializes in AI-based air pollution solutions has raised an undisclosed amount from angels and family offices for expanding its India team and stabilizing the supply chain. LimeChat, AI-powered chatbot for eCommerce has raised an undisclosed amount from Soonicorn Ventures. Quidich Innovation Labs, a sports broadcasting technology startup has raised an undisclosed amount in a funding round led by Centre Court Capital for technology development and geographical expansion.