The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Quantum-Tech, Hospitals & Health Care, Supply Chain Fintech, Online Learning, & Retail Intelligence another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Seed, Pre-Series A, Series A, and Series B.

Sector: Quantum-Tech

Funding Round: Seed Funding

Startup: Quanfluence

Established Year: 2021

Funding News: Quantum-Tech Startup 'Quanfluence' nets $2 million in Seed Funding

Quanfluence, a startup focused on photonic quantum technology, has successfully raised $2 million in a seed funding round

Investors: pi Ventures, Golden Sparrow, Reena Dayal, and additional investors.

According to a press release from Quanfluence, the money will be used to scale its near-term products, bring them to market, and advance research and development for its flagship quantum computer.

Quanfluence is a photonic quantum technology startup that was co-founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Anil Prabhakar, Aditi Vaidya, and Sandeep Goyal. It’s hardware-based optimization solution enhances AI to improve decision-making capacity. Within the next five to six years, the company wants to develop a general-purpose, fault-tolerant quantum computer.

The Bengaluru-based company claims that it combines computational technology and optics to provide a solution that gets around issues with noise, scaling, complexity, hardware instability, and high-dimensional problems. This allows for scalability and energy efficiency without the drawbacks of traditional methods.

Sector:  Hospitals & Health Care

Funding Round: Pre-Series A

Startup: Fibroheal Woundcare

Established Year: 2017

Funding News: Silk proteins-based startup 'Fibroheal Woundcare' uplifts 6.3 crore Funding in Pre-Series A

In its pre-Series A funding round, surgeons, doctors, and bankers contributed a combined 6.3 crore to the medical device startup Fibroheal Woundcare, which is based on silk proteins.

Investors: Group of surgeons, doctors, and bankers.

The money raised will be put toward expanding its workforce, accelerating its go-to-market plan, and funding its medical device product pipeline.

Fibroheal, a company founded by Vivek Mishra and Bharat Tandon, has products in over 19 states and more than 500 hospitals in India. Additionally, the business has expanded to sell its goods on a number of e-commerce websites.

The company's product line, which includes, among other things, foams, mesh, and powders, is used to treat a variety of wounds, including bed sores and infected C-section wounds, that are acute, chronic, traumatic, post-operative, non-healing, or difficult to heal.

Previously, Fibroheal has raised money from KITVEN, CCAMP, and Telama Investments, its current promoters.

Sector: Supply Chain Fintech

Funding Round: Pre-Series A

Startup: QuiD Cash

Established Year: 2023

Funding News: Supply Chain Fintech Startup 'QuiD Cash' bags $4.5 million in Pre-Series A

In its pre-Series A round, supply chain fintech startup QuiD Cash raised $4.5 million (around 38.23 crore).

In 2024, Mint Cap Enterprises and Stone Park Capital led QuiD's pre-seed funding campaign, which brought in 5 crore.

The money raised will go toward expanding the business and improving technology. Additionally, the company has introduced QuiD Capital, an NBFC made to make anchor-led invoice financing easier.

Investors: Piyush Jain and MINTCAP

Abhishek Nehru, Co-Founder of Ripplr, India's largest tech-driven logistics player in the FMCG space, said, "QuiD's proprietary and engineered innovative finance product, combined with technology has convinced us to collaborate with QuiD to offer working capital support to our retailers."

The money raised will mostly be used to expand and improve tech capabilities, as well as to increase interaction with partner lenders and current clients. According to QuiD co-founder Subhash Gupta, "the goal is to use technology, data science, and blockchain to help the anchor and retailer community get better access to credit at invoice level."

Sector: Online Learning

Funding Round: Series A

Startup:  Seekho

Established Year: 2020

Funding News: Online Learning Platform 'Seekho' uplifts $8 million in Series A

Seekho, an OTT platform that focuses on education, has raised $8 million in its Series A round of funding, as per a LinkedIn post by CEO and founder Rohit Choudhary.

Investors:  Lightspeed.

Elevation Capital also participated in the round. Prior to this, in March of last year, the Bengaluru-based startup raised $3 million from Elevation and other investors.

Choudhary stated via a Linkedin post, "This is a testament to the trust our users, team, and investors place in us as we build India's go-to short video platform for Lifelong Learning."

Seekho, which was founded by Choudhary, Keertay Agarwal, and Yash Banwani, assists people in learning new skills and information. The website provides a range of courses to help students get ready for careers in teaching, parenting, investing, Instagram, and other industries.

With a focus on tier-II cities and beyond, Seekho produces episodic series of brief (2–5 minute) videos that provide educational content. The platform offers a range of flexible subscription plans, with prices starting at 149 for both weekly and monthly usage.

Sector: Retail Intelligence

Funding Round: Series B

Startup: Bizom

Established Year: 2008

Funding News: Retail Intelligence Platform 'Bizom' wins $12 million in Series B

With participation from IndiaMART, an existing investor, and other family offices, Bizom, a retail intelligence platform that streamlines distribution procedures for retail brands, has raised $12 million in its Series B round

Investors: Pavestone & IndiaMART

The money raised will be utilized to expand Bizom's innovations, such as its AI-powered Real Intelligence project, which aims to develop highly developed problem-solving skills. The growth of important accounts and the creation of delivery methods will also be aided by the investment.

The vertical SaaS platform from Bizom improves retailer-brand relationships, product distribution, and sales efficiency. Presently, Bizom is being used by over 600 retail brands from sectors like FMCG, dairy, and CPG to digitize their route-to-market processes.

We are thrilled to collaborate with Bizom. Many FMCG companies rely on their platform, which enables them to accelerate growth by optimizing distribution and providing quicker market insights. The focus of our Fund's Investments is aligned with this investment," said Srikanth Tanikella, Managing Partner at Pavestone.

India's consumption landscape is rapidly going digital, and Bizom is ideally positioned to spearhead this revolution in retail distribution. Dinesh Agarwal, CEO of IndiaMART, continued, "Our investment reflects our confidence in their vision of digitizing B2B retail."