Indian Startups Raised $112 Million This Week Led By Visit Health, Scimplify, And Country Delight 


Indian Startups
Indian Startups
Spread the love

Indian startups made 22 deals from 5th August to 10th August. The amount raised from these deals  was around $112.9 million in funding this week. The total funding amount decreased by 50 percent  compared to the last week. Funding activity saw a decline in India’s startup ecosystem this week as the  number went from last week’s 222.2 million USD raised across 25 deals to $112 million across 22 deals. 

The health tech platform, Visit Health topped the overall and the sectorial funding list this week. The total funding amount raised by the startups in this sector was $355.1 million across three deals. Visit  Health secured $29.8 million in a fresh funding round from its existing and new investors. The online doctor consultation and medical services offering health tech startup Visit Health secured this funding amount through a mix of its funding and secondary purchase of shares from Docprime Technologies. The enterprise tech sector emerged as the second favorite of investors this week as it raised $17.9  million across six startups 

The seed funding sector increased by 2.5 times, as it went up from last week’s $5.1 million to $13  million this week. Enterprise tech startups again secured the highest number of deals and raised $17 million across six deals. Scimplify led the list of enterprise tech in funding. This specialized chemical manufacturing company secured $9.5 million during its ongoing series A funding round from Omnivore and Bertelsmann. The company supplies and develops different chemical manufacturing solutions in industries across personal care, agrochemicals, and pharmaceuticals areas. 

Most of these startups were from enterprise tech, e-commerce, fintech, and health tech sectors followed by consumer services, deep tech, and cleantech startups like Neuron Energy. Other major deals this week include. The Gaming startup Oneiric Gaming is an e-sports platform that raised 1  million USD from NG Family Trust and TAC Holdings during its pre-series A funding round. The biotech startup Cellivate Technologies contributed $1 million in funding this week, as it raised $1 million in its funding round from Antler with the participation of Venture Catalysts, We Founder Circle, and  Hatcher+. Ethereal X is a deep tech startup that $5 million from YourNest, BlueHill Capital, BIG Global investment, and others during its seed funding round.  

Conclusion: 

22 deals were made by Indian startups from 5th August to 10th August securing over $112.9 million in funding. Visit Health secured the biggest amount, with its $29.8 million in fundraising it dominated the funding trend in the health tech sector. Other notable investments include Scimplify which had the highest fundraising in the enterprise tech sector with $9.5 million in its series A funding round led by  Omnivore, Bertelsmann India Investments, 3one4 Capital, and Beenext. Most of these startups were from enterprise tech, fintech, and e-commerce sectors followed by deep tech and cleantech startups like Neuron Energy which raised $2.3 million in its series A round. Enterprise tech startups had the highest number of deals and raised $17.9 million from six deals.


Spread the love

Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.


Suraj Verma

As a highly skilled and experienced content writer, I have a passion for creating engaging and informative content that connects with audiences and inspires them to take action. With over 1 year of experience in the industry, I have honed my writing skills to craft content that is both effective and SEO-friendly.