The startup intends to use some of this investment to strengthen its supply chain infrastructure. Beyond Snack is an internet-first brand that provides plant-based products to produce banana chips. The startup uses no artificial flavor or coloring while manufacturing chip flavors like cream, onion, salted, and pepper. The startup claims to offer snacks free of unsaturated fats, trans fats, and cholesterol. The new fund will enable the startup to expand into new areas.

The company has secured over 5.01 million USD across multiple funding rounds since its inception. This includes $3.5 million raised in its pre-series A funding round from the NAB VENTURES Fund. The startup has a post-money allotment valuation of 22.3 million USD. Before this round, the existing investor NAB VENTURES held the largest institutional stake in the firm. NAB VENTURES participated in this funding round to increase its stake in Beyond Snack.

Beyond Snacks provides its services in around 12 countries and plans to expand in the international markets. The firm claims to have already expanded its global footprint this year. The company aims to use some of this fund to improve its platform and expand its services while developing its presence in the market. The company also raised 810k USD in a funding round led by Enrission India Capital. The startup has around 11 institutional investors including Luckbox and Enrission India Capital.

The Kerala-based snack brand intends to use this amount to scale up its in-house infrastructure and improve its distribution network. The development came just after the snack sector saw increased investor interest. This investment shows investors’ trust in Beyond Snack’s market potential and business model. Beyond Snack faces competition from other banana-chip or snack-manufacturing brands such as SnacksDabba, Crizpo, and TrulyKerala.

Conclusion:

Beyond Snack is a Kerala-based internet-first brand offering snacks. The startup raised fresh capital of 8.3 million USD from the consumer business-focused fund, 12 Flags Group. The funding round saw the participation from the firm’s new and existing investors including NAB Ventures, Faad Network, and Japanese VC firm Enrission India Capital. Beyond Snack competes with other startups like Crizpo.

The company plans to use this amount to expand its services, scale its operations, and improve supply chain infrastructure. The startup also secured 3.5 million USD from the NAB Venture Fund in its pre-series A funding round in 2023. Earlier this year, the firm also raised 810k USD from Enrission India Capital in its ongoing seed round. The development came just after the snack industries saw increased public interest.

Deepika Khare

Deepika Khare is a seasoned entrepreneur with 10 years of experience across diverse industries, including technology, startups, and business. She has a profound understanding of content marketing strategies and journalism, allowing her to create impactful and result-driven content. With expertise in the startup ecosystem, digital marketing, business coaching, and mentoring, she excels at crafting compelling narratives, optimizing content for engagement, and positioning brands for long-term success in the ever-evolving digital landscape.

Reach us: deepika.khare@scoopearth.com

Linkedin Profile :  https://www.linkedin.com/in/deepika-khare/

www.scoopearth.com/

The company plans to use these fresh proceeds to scale its operations, hire talents, expand its retail footprint, improve its R&D for new product lines, and develop its market presence. RAS Luxury Oils offers an online platform with multi-category organic skin and personal care products. The startup uses natural ingredients and delivers scientifically tested and expert-formulated skincare products.

This beauty brand aims to use some of this investment to expand its network, focusing on exclusive brand outlets and retail stores. This funding will also enable the company to improve its market strategy. The company focuses on strengthening its brand presence and marketing strategy. The startup manufactures moisturizers, eye masks, mist, lip tints, body oil, and other products. The brand faces competition from other personal and skincare brands including Clayco, 82°E, and Clayco.

The skin and personal care brand also offers hair and color cosmetics products. The brand offers a variety of solutions and products based on different skin types. The firm provides customized products based on skin types like oily, dry, or sensitive skin. The company has raised around 3.64 million USD across multiple funding rounds, including $1.5 million raised during its series A funding round from Green Frontier Capital.

This investment highlights investors’ trust in RAS Luxury Oil’s market potential and business model. The growth in the D2C skincare sector helped them secure new funds. The investment will help the company achieve its goal to expand its retail footprint and strengthen its brand presence. The startup also receives investment from Sixth Sense Ventures and angel investors including Keki Mistry’s Family.

The skincare market increased rapidly, reaching 3 billion USD in size last year. This market is expected to grow at a CAGR rate of 14.6 percent in the next few years. The company offers skincare products designed for various skin types. RAS operates two EBOs with 50 OAN India EBOs planned over the next three years. The firm expects to earn around 25 percent of revenue from its offline channels in the next four years.

Conclusion:

RAS Luxury Oils is a skincare and beauty brand that secured $5 million in its series A funding round. Unilever Ventures led the round with Amazon Smbhav Venture Fund’s participation. The company intends to use this fresh capital to scale up its operations, expand its retail footprint, hire more people, and enhance its platform for a better user experience.

The company’s product catalog includes moisturizers, body oils, toners, and hair care products. The firm offers its products through online and offline platforms like physical stores to offer its services. The startup provides clinically tested skincare products based on various skin types.

Deepika Khare

Deepika Khare is a seasoned entrepreneur with 10 years of experience across diverse industries, including technology, startups, and business. She has a profound understanding of content marketing strategies and journalism, allowing her to create impactful and result-driven content. With expertise in the startup ecosystem, digital marketing, business coaching, and mentoring, she excels at crafting compelling narratives, optimizing content for engagement, and positioning brands for long-term success in the ever-evolving digital landscape.

Reach us: deepika.khare@scoopearth.com

Linkedin Profile :  https://www.linkedin.com/in/deepika-khare/

www.scoopearth.com/

The fintech startup, Aye Finance topped the overall and the sectorial funding list this week. The total funding amount raised by the startups in this sector was $13 million across one deal. Aye Finance secured $13 million in its debt funding round from ASK Financial Holdings, Northern Arc, CredAvenue, and MAS Financial Services. The fintech firm offers an online lending platform for small and micro enterprises. 

The edtech sector also emerged as the most funded sector with 0.35 million USD raised across two deals. The edtech firm, NumberOne Academy led the edtech funding list with $350k secured from Santosh Nair during its fresh funding round. The seed funding sector saw a huge decline this week, going down a lot compared to last week. Edtech startups secured the highest deals and raised $0.35 million across two deals. The logistics tech and deep tech sector had the one deal. 

CargoFL led the funding list for the logistics tech sector this week. This logistics SaaS platform provides AI-driven solutions for logistics businesses. The startup secured $787k during its seed funding round from YourNest Venture Capital. Peaceful Progress Angel Fund, Real Time Angel Fund, Sanchi Connect Accelerator, and angel investors including Dinesh Gulati participated in the round.

Most of these startups were fintech, edtech, and logistics tech startups, followed by consumer services and deep tech startups like Flo Mobility. Other major deals this week include the edtech startup Klassroom, which raised funding during its ongoing pre-series A funding round from Lets Ventures, Ah! Ventures, Hem Securities, and other investors. 

The deep tech firm Flo Mobility secured funding from JITO Incubation and Innovation Foundation, Vikram Raichura, Saurabh Runwal, and Debjyoti Paul in its seed funding round. US-based Venture Capital firm, Accel also raised 650 million USD from 131 investors for its eight India fund. Ather Energy also received approval from SEBI for its Rs 3,100 crore IPO this week. The healthcare firm, Pristyn Care also reported its plans to raise $50 to $100 million in its funding round.

Conclusion :

Five deals were made by Indian startups from December 30^th to January 4^th securing over $14 million in funding. Aye Finance secured the highest fund of 12.8 million USD from Northern Arc, ASK Financial Holdings, and other investors in its debt funding round. The firm dominated the funding trend in the fintech sector. 

Other notable investments include CargoFL, which led the funding trend in the logistics tech sector with $787k in its seed funding round. Most of these startups were from the fintech, edtech, and logistics tech sectors, followed by deep tech startups like Flo Mobility. 

Deepika Khare

Deepika Khare is a seasoned entrepreneur with 10 years of experience across diverse industries, including technology, startups, and business. She has a profound understanding of content marketing strategies and journalism, allowing her to create impactful and result-driven content. With expertise in the startup ecosystem, digital marketing, business coaching, and mentoring, she excels at crafting compelling narratives, optimizing content for engagement, and positioning brands for long-term success in the ever-evolving digital landscape.

Reach us: deepika.khare@scoopearth.com

Linkedin Profile :  https://www.linkedin.com/in/deepika-khare/

www.scoopearth.com/

Entrepreneurs need to ensure that they have enough funding to maintain their position while also investing in future growth. Research shows that around 40 percent of startups get closed due to insufficient funding. Any business needs funding to invest in equipment, product development, technology, and other resources to expand its services. This is also the reason why every entrepreneur needs to know the strategy to secure funding and unlock their business’s full potential.

Find your funding needs and create a strong business plan.

Knowing your funding requirements is the first step before approaching investors for funds. Entrepreneurs or business owners should know how much capital they need to raise and how exactly they plan to use this amount. This allows investors to see the clarity of your business plan. To determine the funding needs, one should start by evaluating the business’s finances, estimating operational expenses, and identifying flaws and potential gaps in the business model. 

Before raising the funding amount, you should remember that with this money, you need to invest in product development, marketing, legal, or team expansion. A clear understanding of business and your plan will make your calculation for raising the amount more precise. A strong business plan is the most important factor for a successful funding round. You should create a well-crafted document that outlines the startup’s vision, detailed market analysis, mission, growth strategy, and revenue model.

What do investors want to know before investing in a startup?

Investors are not interested in knowing what inspired you to start a business. They are interested in knowing your target audience, the company’s offerings, your unique value proposition, and the competitive advantage you have over others in the market. The business plan with detailed financial projections helps you show the expected return on investment. The well-made and clear business plan adds the credibility factor while acting as a roadmap for business and raising the investor’s interest.

Funding stages for startups

A business grows and expands while going through various funding stages. Every funding round depends on the amount raised and allocated by the startup. Here are the top five types of funding stages a startup needs to go through:

Pre-seed Funding:

The first funding stage covers the initial capital before the firm enters a formal seed funding round. The funding amount raised in this round is mainly from friends, family, relatives, or personal savings. There is no need to give up on equity in returns during this stage.

Seed funding: 

This is the first official funding round where investors offer a small amount of money to help the startup bring their idea to life while producing a minimum viable product. The startup is provided with money to hire staff, market research, and develop products.

Series A: 

The startup enters the series A round after it achieves a strong business model, gets a reliable user base, and reaches its target audience. The firm receives investment from venture capital firms to expand its operations and continue developing its services.

Series B: 

After the company is well-established and passes the development stage with a strong user base, it enters the series B stage. This funding round helps startups to expand their operations and development quickly and effectively.

Series C: 

After completing all the above rounds, the startup enters a series C funding round. This stage is the most expensive compared to other rounds and provides more capital for the company’s growth. The business can raise funding in this stage if it already has potential revenue of tens of millions of dollars and can grow further through acquisitions, product launches, and more. 

Funding sources depending on the startup stage

Most small businesses start their journey by collecting funds from family, friends, or bank loans. These are a few traditional options to secure funds but here are some other ways to get funding to boost your startup business. Different startups require different funding sources depending on their stage of development.

Venture Capital

Venture funding is very difficult to secure, as the business owners should prove themselves while living up to the VC firm’s high expectations. The venture capital deal comes with cash injections, strategic guidance, and strong industrial connections. The VC firms invest only in promising startups with high growth potential.

Crowdfunding

This funding method allows a business to raise a small amount of money from a large number of people who believe in the company’s potential. Crowdfunding can be effective to raise funding, it requires a brand to convey its message, strategic marketing, and marketing.

Angel Investors

Angel investors are those wealthy individuals who invest their money in a business due to emotional reasons without expecting much in return. Some HNIs provide capital in exchange for convertible debt or equity. Before agreeing, Entrepreneurs should first make sure to ask clearly how much ownership these angel investors want in the startup.

Bootstrapping

This is a self-funding method where you fund your startup through personal savings or from friends. This method is not safe, since only about 40 percent of startups get profitable but the employees might not get paid consistently. To opt for this method, you must have enough money to take risks.

Income Share Agreements

This model allows investors to provide funding in exchange for a few percentages of the company’s future revenue. While this method provides flexibility for a startup it also comes with a strict rule and time limit. The startup needs to achieve the given target in that given timeline.

Government schemes

There are several government schemes and incentives to help the companies grow. These schemes aim to support and empower entrepreneurs in running their businesses smoothly. These schemes launched by the government aim to provide startups with assistance, exemption from tax, mentorship, and financial support. These programs are launched to help startups survive in the competitive environment, scale up their operations, reach new heights, and take on more challenges.

Government programs that every Indian startup should know

Startup India Initiative

This scheme provides tax benefits to Indian entrepreneurs for five years. This program alone created around 5.5 lakh job opportunities for youths in India. This government startup scheme extended the maximum age for most eligible startups to 7 years from the date of establishment. This is one of the best government-sponsored startup India schemes for startups.

Startup India Seed Fund Scheme

Indian government launched SISFS to help startups financially. The DPIIT-recognized startups that are less than or equal to 2 years old at the time of application are eligible for this fund. The government will invest up to Rs 20 Lakhs for developing concepts and Rs 50 Lakhs in startups to scale their operations. SISFS had a total budget of Rs 945 crore to offer financial support to 3600 startups and 300 incubators. The program targets early-stage startups by offering them seed funding.

Credit Guarantee Fund Trust for Micro and Small Enterprises

This program aims to catalyze the flow of institutional credit to Micro & small enterprises. MSME and the Small Industries Development Bank of India launched this scheme together to support startups. This scheme aims to help startups by offering them loans at low interest rates without the need for any collateral. The government and SIDBI work together to offer a maximum loan of up to Rs 100 lakh. 

Multiplier Grants Scheme

The Department of Electronics and Information Technology launched this scheme to encourage collaborative research and development between industries and institutions for package development. Under the Multiplier Grants Scheme, the government grants up to Rs 2 crore for each project with a term of less than two years. The scheme focused on establishing and strengthening the linkage between institutes and industries. The institute and industry need to apply jointly to receive financial support from this scheme.

Maintain good relations and image with investors

Even after securing the funds, maintaining good and strong relations with investors is very important in the industry. Entrepreneurs should keep their investors updated on progress, new product development, challenges, and milestones achieved through various meetings and reports. Transparent communications will help you gain investor’s trust and secure future funding from them. Investors are strategic partners who can also help a startup with guidance and connections.

Conclusion :

Securing funding is one of the most important and challenging steps for startups. This requires long-term preparation, adaptability, and experience. By making a strong business plan, understanding your funding needs, and building strong relations with investors you can secure future growth and increase the chances to succeed in the competitive market. To secure funding and grow the business we need to find the right investors and programs that can contribute to the company’s long-term growth. The right guidance and strategies can help startups to succeed and turn their dream into reality.

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

www.scoopearth.com/

Nephroplus is the largest provider network of dialysis services in India with 75 centers in 50 cities and 15 Indian states. Its centers are located in large metropolitan, underserved, and small cities. This healthcare platform raised 102 million USD in funding. Lenskart is an e-commerce platform that secured $200 million while the AI startup Atlan raised $105 million. The media and entertainment platform, Pocket FM secured $103 million followed by logistics firm Shadowfax with $100 million.

In 2024, Month-wise June saw the highest funding with $1.92 billion raised across 112 deals. However, May had the highest number of deals and raised $1.29 billion from 126 deals. January reported the lowest funding of $719.42 million from 106 deals. This year, total funding went up from 11.3 billion USD in 2023 to 14.44 billion USD in 2024. This marks the third highest funding year following $24 billion in 2022 and $38 billion in 2021.

Early-stage deals had 810 deals with funding of $3.23 billion during this year. The networking platform, SCOPE led the list with $90 million. Avail, a blockchain platform contributed 70 million USD from Founders Fund, Dragonfly Ventures, and other investors. Krutrim raised $50 million followed by Indkal with $36 million in funding for the electronics industry. The social media platform, Hunch also joined the top 10 early-stage funding in 2024 with $23 million.

If we look city-wise, the Bengaluru-based startup led the list with 5.06 billion USD raised from 485 deals followed by 332 deals raising 3.12 billion USD from Delhi-NCR, 231 deals from Mumbai had 3.76 billion USD, 56 deals from Hyderabad brought $421.5 million, and 47 deals from Pune made $645.63 million. Bengaluru contributed the most and accounted for 35.08 percent of the total funding.

Most of these startups were from e-commerce and fintech followed by health tech, SaaS, and AI startups like Neysa. The E-commerce sector saw 222 deals and raised $3.51 billion, accounting for 24.34 percent of the total funding this year. Fintech sector followed closely with $3.23 billion secured from 211 deals. This sector accounted for 22.37 percent of overall funding in 2024. 

Conclusion:

This year, Indian startups raised over $14.44 billion in funding, with 326 growth-stage deals and 810 early-stage deals. Among the growth-stage deals, Zepto, an e-commerce startup, secured the highest funding of $665 million. Other notable investments include NephroPlus, Pharmeasy, Lenskart, and Atlan. 

Early-stage funding had 810 deals that raised $3.23 billion this year. SCOPE topped this list with $90 million. Avail raised $70 million and Indkal followed by adding $36 million to the generative AI sector. Bengaluru led the charge and reported 485 secured deals, followed by other major cities. The E-commerce sector had the highest funding with 222 deals in 2024.

Niraj Kumar

Niraj Kumar is the Founder and CEO of Scoopearth, bringing over 13 years of experience across diverse domains, including journalism, content marketing, digital marketing, startup mentoring, and business coaching. His extensive background and leadership have made a significant impact in these areas, helping startups grow and succeed in a competitive landscape.

Reach us: niraj@scoopearth.com

Linkedin Profile:  https://www.linkedin.com/in/digitalnirajj/

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The fintech startup, Univest topped the overall and the sectorial funding list this week. The total funding amount raised by the startups in this sector was $10 million across this one deal. Univest secured $10 million in its series A funding round from Bertelsmann India Investments, and other investors. The fintech firm offers an online platform for investments.

The fintech sector also emerged as the second most funded sector with 10 million USD raised across one deal. The deep tech firm, Mindgrove Technologies led the deep tech funding list with $8 million raised during its series A funding round from Speciale Invest, Mela Ventures, Nishchay Goel, Peak XV Partners, and other investors.

The seed funding sector saw an 89 percent decrease this week as it went from last week’s $9.2 million to this week’s $1 million. Deep tech startups secured the highest deals and raised $11 million across three deals. The edtech sector had one deal, which raised $4 million.

Enterprise tech raised 1 million USD across one deal this week. Sparkl Edventure led the funding list for the edtech sector this week. This online platform provides educational courses and live classes. The startup secured $4 million during its fresh funding round from Deepinder Goyal and Nithin Kamath.

Most of these startups were from deep-tech and fintech startups followed by edtech and enterprise tech startups like Leanworx. Other major deals this week include. The deep tech startup, Proxgy secured $3 million during its series A funding round from Sunil Shetty, Nikhil Kamath, Anjinkya Rahane, Manish Patel, and other investors.

Another deep tech startup, Naxatra Labs raised fresh funds in its seed funding round from GVFL, Rainmatter, and others. The enterprise tech firm Leanworx contributed $973k in funding this week, as it secured this amount in its seed funding round from YourNest Venture Capital. 

Conclusion :

6 deals were made by Indian startups from December 23^rd to December 28^th securing over $25.9 million in funding. Univest secured the biggest fund of $10 million from Bertelsmann India Investments and other investors in its series A funding round and dominated the funding trend in the fintech sector. Other notable investments include Mindgrove Technologies which had the highest fundraising in the deep tech sector with $8 million in its recent funding round.

Most of these startups were from the enterprise tech, fintech, and edtech sectors followed by deep tech startups like Proxgy, which raised $3 million in its funding round from Anjikya Rahane, Nikkil Kamath, and other investors. Enterprise tech startups had the most deals each with three deals.

Niraj Kumar

Niraj Kumar is the Founder and CEO of Scoopearth, bringing over 13 years of experience across diverse domains, including journalism, content marketing, digital marketing, startup mentoring, and business coaching. His extensive background and leadership have made a significant impact in these areas, helping startups grow and succeed in a competitive landscape.

Reach us: niraj@scoopearth.com

Linkedin Profile:  https://www.linkedin.com/in/digitalnirajj/

www.scoopearth.com/

The enterprise tech startup, Zetwerk topped the overall and the sectorial funding list this week. The total funding amount raised by the startups in this sector was $117 million across five deals. Zetwerk secured $70 million in its series F funding round from Khosla Ventures, Peak XV Partners, and other investors. The enterprise tech firm offers a B2B platform for manufacturing solutions.

The enterprise tech sector also emerged as the most funded sector with 117 million USD raised across five deals. The fintech firm, Veefin led the Fintech funding list with $16 million raised during its new funding round from new and existing investors.

The seed funding sector saw an 85 percent decrease this week as it went from last week’s $17 million to this week’s $9.2 million. Fintech startups secured the highest deals and raised $24 million across five deals. The health tech sector had two deals and raised $4 million. Travel tech raised 9 million USD across one deal this week. ZingBus led the funding list for the travel tech sector this week. This transport tech platform provides transportation and related services. The startup secured $9 million during its fresh funding round from BP Ventures.

Most of these startups were from fintech, enterprise tech, and health tech startups followed by edtech and Cleantech startups like Fitsol. Other major deals this week include. The edtech startup, Seekho secured $8 million during its series A funding round from Elevation Capital and Lightspeed. Another enterprise tech startup, Hostbooks raised $5 million in its series B funding round from Orange Orbit LLP.

The deep tech firm Quanfluence contributed $2 million in funding this week, as it secured this amount in its seed funding round from Golden Sparrow, Reena Dayal, and Pi Ventures. Arata led the Real e-commerce sector list, raising 4 million USD in its series A funding round from BOLD, Unilever Ventures, and Skywalker Family Office.

Conclusion :

20 deals were made by Indian startups from December 17^th to December 21^st securing over $171.2 million in funding. Zetwerk secured the biggest fund of $70 million from Khosla Ventures and other investors in its series F funding round and dominated the funding trend in the enterprise tech sector. Other notable investments include Veefin which had the highest fundraising in the fintech sector with $16 million in its recent funding round.

Most of these startups were from the enterprise tech, fintech, health tech, edtech, and travel tech sectors followed by cleantech startups like ZunRoof, which raised $2.3 million in its funding round from ANBG Enterprise LLP, Godrej Family Office, and other investors. Fintech and enterprise tech startups had the most deals each with five deals.

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

www.scoopearth.com/

The consumer service startup, Rebel Foods topped the overall and the sectorial funding list this week. The total funding amount raised by the startups in this sector was $218 million across two deals. Rebel Foods secured $210 million in its series G funding round from Evolvence and Temasek. The food tech firm offers a virtual restaurant network for food businesses. Consumer services also emerged as the most funded sector with 218 million USD raised across two deals. The Lending tech firm, Mintifi led the Fintech funding list with $100.1 million from Prosus, Teacher’s venture growth, and Premji Invest during its series E funding round. 

The seed funding sector saw a 246 percent increase this week as it went from last week’s $4.9 million to this week’s $17 million. Fintech startups secured the highest deals and raised $148 million across five deals. The E-commerce sector had the same number of deals and raised $106 million Enterprise tech raised 46 million USD across four deals this week. Car Dekho led the funding list for the e-commerce sector this week. This car listing platform provides electric vehicles and related services. The startup secured $60 million during its fresh funding round from Navis Capital Partners and Dragon Fund.

Most of these startups were from fintech, e-commerce, enterprise tech, and edtech startups followed by consumer services and Cleantech startups like SolarSquare. Other major deals this week include. The edtech startup, K-12 Techno services $40 million during its fresh funding round from Piyush Gupta and Kenro Capital. Another edtech startup, FinX raised $6 million in its seed funding round from Elevat Equity. The deep tech firm Pixxel contributed $24 million in funding this week, as it secured this amount in its series B funding round from M&G Catalyst and Glade Brook Capital Partners. Inkers Technology led the Real estate Tech sector list, raising 3 million USD in its series A funding round from Ashish Kacholia.

Conclusion :

24 deals were made by Indian startups from December 9^th to December 13^th securing over $635.3 million in funding. Rebel Foods secured the biggest fund of $210 million from Temasek and Evolvence in its series G funding round and dominated the funding trend in the consumer services sector. Other notable investments include Mintifi which had the highest fundraising in the fintech sector with $100.1 million in its series E funding round.

Most of these startups were from the fintech, e-commerce, cleantech, edtech, and enterprise tech sectors, followed by consumer services startups like FirstClub, which raised $8 million in its seed funding round from Accel, Blume Founders Fund, RTP Global, and other investors. Fintech and e-commerce startups had the highest number of deals each with five deals.

Niraj Kumar

Niraj Kumar is the Founder and CEO of Scoopearth, bringing over 13 years of experience across diverse domains, including journalism, content marketing, digital marketing, startup mentoring, and business coaching. His extensive background and leadership have made a significant impact in these areas, helping startups grow and succeed in a competitive landscape.

Reach us: niraj@scoopearth.com

Linkedin Profile:  https://www.linkedin.com/in/digitalnirajj/

www.scoopearth.com/

The company also intends to use this investment to acquire national-level telecom licenses and improve its performing capabilities. The startup offers a platform with client business mobile numbers that enables customers to connect with businesses. This application allows the teams to auto-record calls so clients can review calls when needed. Superfone also provides features like sharing business cards, locations, websites, payment links, and catalogs. The company plans to expand its network in Latin America and Southeast Asia regions.

The company uses advanced technologies to offer a seamless customer experience. The AI-powered design business phone and CRM firm aims to transform the landscape of business phone numbers by changing the traditional SIM card method to an app-based solution. The company integrates advanced tools like CRM, WhatsApp marketing, AI-based agents, and lead management in one application. This new funding round is a part of YourNest Sanchi Connect Velocity Program 2024, which is an initiative taken by Sanchi Connect and YourNest to support startups with high growth.

The company previously raised around 1.84 million USD from its existing investor Ankur Capital, Angel List, and others during its seed funding round in 2021. Before this funding round, the company’s post-money valuation was around 10.3 million USD. The company focuses on expanding its services and customer reach. The investments highlight investor’s trust in Superfone’s market potential and business model. This startup provides the best solutions to address the challenges faced by small and medium businesses.

The Bengaluru-based startup claims to have empowered more than 10 million small businesses in India and helped them to accelerate growth. The company faces competition from other platforms in the same market segment such as LeadSquared and ActiveCampaign. The development just after this sector saw increased interest from investors. Superfone mainly plans to use these fresh proceeds to streamline operations and enhance customer engagement.

Conclusion:

Superfone is an application-based business phone and CRM startup for small businesses. The firm secured 1.9 million USD in its ongoing pre-series A funding round from YourNest Venture Capital and others. YourNest led the round along with Ankur Capital, Finsight Seed Fund, and angel investors. The company intends to use this fresh capital to enhance its engineering and product teams, scale its operations, and acquire a national-level telecom license.

The startup provides an application-based platform that helps customers to connect with their businesses.  The company aims to transform business phone numbers by changing traditional SIM cards with app-based solutions that integrate advanced technologies like CRM and AI-powered agents.

Scoopearth Team

Scoopearth team comprises a group of highly skilled professionals with expertise in their niche.  These  Team members have extensive experience in understanding and researching in topics such as startups, technology, artificial intelligence, trending business news, Listicles and  Case Studies . To maintain the highest quality standards, all articles are Manually  reviewed and verified by Niraj Kumar and Deepika Khare, ensuring accuracy, authenticity, and reliability.

Note: You can reach us at support@scoopearth.com with any further queries.

Linkedin Page : https://www.linkedin.com/company/scoopearth-com/

www.scoopearth.com/

The fintech startup, Vastu topped the overall and the sectorial funding list this week. The total funding amount raised by the startups in this sector was $101 million across four deals. Vastu secured $100 million in a fresh funding round from Prosus. The lending tech platform offers loans to businesses and individuals. Fintech also emerged as the favorite sector of investors this week as it crossed 101 million USD across four deals. The enterprise tech firm, Enterpret led the enterprise tech funding list with $20.8 million raised from Peak XV partners, Canaan Partners, Wing Ventures, and other investors during its series A funding round.

The seed funding sector saw a 63 percent increase this week as it went from last week’s $3 million to this week’s $4.9 million across five deals. E-commerce startups secured the second-highest deals and raised $9.7 million across four deals. Enterprise tech raised $25.3 million from three deals this week. The clean tech sector had the same number of deals and raised $15.3 million. Ultraviolette led the funding list for the cleantech sector this week. This online platform provides electric vehicles and related services. The startup secured $15.3 million during its fresh funding round from Zoho, Ojas Consultation, and Mudhal Partners.

Most of these startups were from fintech, e-commerce, cleantech, and enterprise tech, followed by media & entertainment, and healthtech startups like Orange Health. Other major deals this week include. The e-commerce startup, Masterchow raised $6.5 million during its series A funding round from Peak XV Partners, Tanglin Venture Partners, WEH Ventures, and others.

The healthtech firm Orange Health contributed $12 million in funding this week, as it raised this amount in its new funding round from Amazon Smbhav Venture Fund, General Catalyst, Accel, Y combinator, and Bertelsmann India Investments. Medial led the media and entertainment sector list, raising 500k USD in its pre-series A funding round from OG Capital.

Conclusion :

18 deals were made by Indian startups from December 2^nd to December 7^th securing over $249.6 million in funding. Vastu secured the biggest amount of $100 million from Prosus in its funding round and dominated the funding trend in the fintech sector. Other notable investments include Enterpret which had the highest fundraising in the enterprise tech sector with $20.8 million in its series A funding round.

Most of these startups were from the fintech, e-commerce, cleantech, enterprise tech, and health tech sectors, followed by consumer services startups like Atmosphere-the stone makers, which raised $591k in its funding round from Artha Venture fund and PIL Italica Lifestyle. E-commerce and fintech startups had the highest number of deals each with four deals.

Scoopearth Team

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