Indian startups secures $585 million in a week; Zepto tops over all!
As many as 20 firms from various industries collected $585 million in investor capital between November 18 and November 23, 2024.
These industries include Quick Commerce, Fintech, Deeptech, Dairytech, SaaS, Food, Gaming, Insurtech, and Healthcare.
Indian businesses raised more than $179 million last week, with Sarvagram, a rural financing startup, raising $67 million on its own.
Throughout the week, investments were made in a wide variety of areas, with Quick Commerce leading the way. Zepto was at the forefront of this industry, raising $350 million in funding. In a second investment round, the fitness supplement company HealthKart raised $153 million.
With a combined $51 million raised, the insurtech business Zopper, the cancer diagnostics startup OneCell Diagnostics, and the decentralized gaming network KGeN came next on the list.
OneCell Diagnostics raised $16 million, KGeN raised $10 million, and Zopper raised $25 million.
Matrix is a geospatial firm based on drone and space technology. In a pre-IPO funding round, Geo Solutions raised nearly $1 million, Assure Clinics, a provider of aesthetic dermatological care, raised $1.77 million, CADRE ODR, an online dispute resolution (ODR) platform, raised $200,000, Swish, a 10-minute food delivery startup, raised $2 million, PeLocal, a Fintech startup, raised $2 million, Proost, a homegrown beer startup, raised $3.55 million, Theranautilus, a Deeptech startup, raised $1.2 million, Baanhem Ventures raised $390,000, and Billion Hearts, a consumer electronics startup, raised $4 million.

