This Week’s Top Startup Funding [April 26–May 3]
The startups listed below have raised the most money this week [April 26–May 3]. Here’s a quick synopsis of them:
[T-B(L-R)] Founders of Apollo Hospitals Group, BRISKPE, Lyskraft, & Charge Zone
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Lyskraft – The Gurugram-based startup was co-founded by former Zomato senior executive Mohit Gupta and Myntra and Cultfit’s co-founder Mukesh Bansal. With new designers introduced every week, Omnichannel fashion startup features over 15 top hand-selected women’s fashion brands and designers at once.
Funding Amount: USD 26 Mn
Investors: Peak XV Partners led the round, and Prosus, Sofina, and partners of DST Global also participated.
Apollo HealthCo – Apollo HealthCo Limited (“Apollo 24|7” or”AHL “), a subsidiary of Apollo Hospitals Enterprise Limited (“AHEL”) was launched in February 2020 by Dr Prathap C Reddy. It is a Hyderabad-based comprehensive digital health platform that includes a wide range of healthcare services, such as doctor consultations, medicine home deliveries, diagnostics at home, chronic condition management, and insurance offerings.
Funding Amount: INR 2,475 Cr
Investor: Advent International (“Advent”)
Charge Zone – Launched in 2018 by Kartikey Hariyani, the Vadodara-based startup Charge Zone is a tech-driven EV charging infrastructure company specialising in B2B and B2C charging services using smart grid networks.
Funding Amount: USD 19 Mn
Investor: British International Investment
BRISKPE – Founded in 2023 by Sanjay Tripathy, Nilesh Pathak, and Indunath Chaudhary, the Mumbai-based BRISKPE is a cross-border payments platform primarily designed to meet the unique requirements of micro, small, and medium enterprises (MSMEs).
Funding Amount: USD 5 Mn
Investor: PayU
Assert AI – Founded in 2018 by Job Philip, Shalabh, and Nitin Jain, the Mumbai-based Assert AI provides AI-infused software-as-a-service (SaaS) solutions for comprehensive video analytics across various business sectors, enterprises, and corporations.
Funding Amount: USD 4 Mn
Investors: Ramesh Hariharan (ex-CTO and co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (an integrated grain commerce platform), and others.
Dexif – Established in 2022 by Deepank Bhandari and Tushar Sharma and later joined by Pallavi Bajaj in October 2023, the Noida-based Dexif runs a fixed-income securities marketplace connecting companies and financial institutions looking to raise debt and investors.
Funding Amount: USD 4 Mn
Investor: RTP Global
Go DESi – The Bengaluru-based packaged food startup was founded in 2018 by the brother-sister duo Vinay Kothari and Raksha Kothari. Go DESi manufactures and sells products inspired by regional flavours, tastes, and formats.
Funding Amount: INR 41 Cr
Investor: Avishkaar Capital
Fresh From Farm – Founded in 2021 by Rohit Nagdewani, the Delhi-based Fresh From Farm is a B2B2C fresh fruit demand consolidation platform that allows for fresh fruit waste reduction at the retailer level.
Funding Amount: USD 2 Mn
Investors: Ashish Kacholia (founder of Lucky Investments) and Inflection Point Ventures
Lyskraft – The Gurugram-based startup was co-founded by former Zomato senior executive Mohit Gupta and Myntra and Cultfit’s co-founder Mukesh Bansal. With new designers introduced every week, Omnichannel fashion startup features over 15 top hand-selected women’s fashion brands and designers at once.
Funding Amount: USD 26 Mn
Investors: Peak XV Partners led the round, and Prosus, Sofina, and partners of DST Global also participated.
