Funding | Page 10

This investment follows the earlier entry of Bollywood actress Neha Dhupia and Agnello Dias, Co-Founder of Taproot Dentsu, as equity partners in BlackCarrot.

Oyo plans to deploy the funds towards global expansion, including potential acquisitions, strengthening business strategies, and other corporate initiatives.

Founded in 2013, Botanic Healthcare specializes in manufacturing botanical extracts, including fruit powder extracts, natural colors, phytochemicals, standardized herbal extracts, and oleoresins.

The funding will enable Mufin Green to further expand its financing services within the EV ecosystem, which includes two-wheelers, three-wheelers, four-wheelers, fast chargers, and swappable batteries, supporting individuals, OEMs, dealerships, service providers, and corporate borrowers.

The startups listed below have disclosed investment rounds.

With financial backing, entrepreneurs are equipped with the resources they need to innovate, scale, and disrupt industries. But despite these advantages, nearly 75 per cent of startups funded by VC end up failing

The domestic startup ecosystem is expected to rebound with fresh approaches in key sectors like content, media, fintech, and marketplaces

A total of 984 venture capital (VC) funding deals were announced in India during January-October 2024 recording a year-on-year (YoY) improvement of 5.8 per cent in deal volume.

Focused initiatives such as the BIRAC BIG grants, Design-Linked Incentive (DLI) schemes, and iDEX programs have provided a much-needed boost to developments in sectors such as semiconductors, space, defense, and biotech.

According to a media release, the funding round comes as part of the YourNest-SanchiConnect Velocity Program 2024, an accelerator initiative aimed at supporting high-growth startups such as Leanworx by providing strategic funding, mentorship, and market access.

The funding round also features investors such as Nikhil Kamath of Zerodha, Bollywood actor Suneil Shetty, Vinod Duggar, and Manish Patel among others.

Despite the growth, challenges persist, including the digital divide and infrastructure limitations, particularly in rural and remote areas. Chugh said that healthcare ventures are trying to use technology to improve access and distribute facilities better.

The personal care brand competes with established players like WOW Skin Science, Pilgrim, and Mamaearth, in a rapidly growing market. This latest funding round highlights investor confidence in the brand's potential to scale and become a leader in India's haircare industry.

Rebel Foods was founded in 2011 and has grown to become the world's largest multi-brand cloud kitchen platform with a network of 450 cloud kitchens and more than 5,000 online restaurants in cities across India, the UAE, and the UK.

According to the company, the fund is designed to address specific challenges faced by food and beverage (F&B) brands who often struggle to secure financing from traditional sources.

The global digital transformation market is projected to reach $1.5 trillion by 2025, with India's SaaS sector experiencing significant growth driven by SME adoption.

The funding round was led by new investors, alongside existing investor MINTCAP. The company said in a press release that it plans to use the funds to invest in technology and aid further growth.

The company also aims to address critical challenges in regions like India, where fraud prevention is a $7.3 billion market plagued by rising incidents of UPI payments fraud and identity theft.

According to the Indian Department of Space, the country's space economy is currently valued at USD 8.4 billion, constituting a 2 per cent share of the global market.

As traditional sectors saturate, VCs look to turn their focus on emerging industries that are poised to define the country's next phase of surge. Here are five sectors that are likely to attract the most interest from VCs in India over the next few years.

The startups listed below have disclosed investment rounds.