The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Fraud deterrence, Software development, Kitchenware, Activewear & AI 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 Pre- Seed, Seed, Pre-Series A, & Series A.

Sector: Fraud deterrence

Funded Round: Pre-Seed

Startup: RaptorX

Established Year: 2023

Funding News: Fraud deterrence Startup 'RaptorX' raises 4 crore in Pre-seed round

In a pre-seed fundraising round, fraud protection software platform RaptorX has raised 4 crore. In the same round, the startup had already raised $120,000.

Investors: PeakXV Spark, EagleWings Ventures, and Point One Capital

RaptorX, which was founded in 2023 by Pratyusha Vemuri, is a fintech, regtech, e-commerce, and artificial intelligence company that specialize in fraud prevention, anti-money laundering (AML), and client risk intelligence. By offering predictive and real-time fraud detection, uncovering hidden relationships, and empowering companies to take proactive measures while maintaining compliance and operational efficiency, the platform seeks to address issues.

The Mumbai-based business wants to provide scalable infrastructure for e-commerce fraud prevention and real-time transaction monitoring. Additionally, it plans to introduce specialized Anti-Money Laundering (AML) modules for mule detection and payment screening.

Speaking to this, Pratyusha Vemuri, CEO of RaptorX says, “This funding allows us to advance RaptorX’s team and capabilities to help businesses uncover unknown fraud patterns, minimize losses, and create trust with their customers. Our mission is to provide a proactive, AI-driven fraud prevention platform that transforms how industries manage risk”.

Sector:  Software Development

Funding Round: Seed round

Startup: Pathway

Established Year: 2017

Funding News: Data-driven Startup 'Pathway' lifts $10 million in Seed Funding round

In its most recent seed investment round, Pathway, a cutting-edge data startup that specializes in creating live AI systems, successfully raised USD 10 million. This follows a $ 5 million fundraising round that was supported by Verge HealthTech Fund and Yamaha Motor Ventures in November 2023.

Investors: TQ Ventures, Kadmos and Id4

The new funding will support Pathway's objective to develop AI systems that can reason complexly and make decisions in real time, revolutionizing sectors like healthcare and more. Healthcare workers can find and use medical information more easily thanks to Pathway's platform, which aggregates clinical practice guidelines from millions of evidence-based sources.

Adrian Kosowski, Chief Science Officer says, "We are excited to continue pushing the boundaries of live AI to address real-time, complex decision-making across industries. With the support of our investors and partners, Pathway is poised to make significant strides in improving healthcare and other regulated industries, providing solutions that adapt to constantly changing information."

Sector: Kitchenware

Funding Round: Pre-Series A

Startup: Indus Valley

Established Year: 2016

Funding News: Kitchenware Startup 'Indus Valley' lifts 23.1 crore in Pre-series A

The Indus Valley, a digital-to-consumer kitchenware startup, has raised 23.1 crore in its pre-Series A round.

Investors: DSG Ventures

The first investment for the Chennai-based firm comes after a 25-month hiatus. Data intelligence platform TheKredible estimates the company to be valued at 303 crore or $36 million post-money. The previous funding round valued it at 116 crore, which was around threefold. The funding round appears to be ongoing, and the firm may seek further funding.

The Indus Valley offers safe alternatives to chemically coated products, and specializes in toxin-free kitchenware. Cast iron, iron, copper, clay, and wood are some of its materials.

During the fiscal year ended March 2023, the company experienced a 68% year-on-year growth to 38.81 crore. In the same period, the firm's losses jumped by 2.8 times to a whopping 8.98 crore. The company has yet to submit its annual report for the previous fiscal year (FY24).

Sector: Activewear

Funding Round: Pre-Series A

Startup:  Terractive

Established Year: 2023

Funding News: Comfy Activewear Startup 'Terractive' gains 8 crores in Pre-Series A

Terractive, a Mumbai-based lifestyle activewear brand, has raised 8 crores in a Pre-series A funding round. Funding will be used to accelerate fabric creation and enhance product development.

Investors:  Fireside Ventures and DeVC.

Terractive was founded in 2023 by sisters Raena Ambani and Rahee Ambani-Choksi.

Raena, a (BEng) sports engineer and national level sprinter, brings her expertise in fabric innovation and design to Terractive. She brings her expertise in fabric innovation and design to Terractive. She has built product technology for global brands worn by top athletes, and she is passionate to solve for comfort in an active lifestyle. She leverages her background in strategy and investing to drive rapid growth for the brand.

“High-quality apparel that blends comfort and performance, tailored to the needs of the modern Indian, has always been our goal. We're thrilled to have Fireside Ventures and DeVC-Matrix Partners along for the ride in India. This funding will allow us to expand our reach and continue pioneering in fabric technology for everyday movement. This funding will allow us to continue to pioneer in fabric technology for everyday movement” said Co-Founders of Terractive are Raena Ambani and Rahee Ambani-Choksi.

Sector: AI

Funding Round: Series A

Startup: Enterpret

Established Year: 2020

Funding News: AI-enabled Platform 'Enterpret' earns $20.8 million in Series A

In its Series A round, Enterpret, an AI-enabled consumer feedback intelligence platform for product development and CX teams, has raised $20.8 million.

Investors: Canaan Partners

The money raised will be utilized for further expansion and the deployment of no-code AI agents to assist clients in bridging gaps between the marketing, sales, and product teams as well as gathering detailed feedback.

In order to help teams swiftly spot trends and raise customer satisfaction, Enterpret, which was founded by brothers Varun and Arnav Sharma, creates adaptive artificial intelligence models to aggregate and evaluate vast amounts of unstructured feedback from all channels. These models then extract important themes, sentiments, underlying problems, and topics.

The business says its ARR has increased since May 2024. The Browser Company, Hootsuite, Nextdoor, Strava, Linear, Vimeo, Monday.com, Canva, Notion, and Loom (Atlassian) are among its clients.