Recent Developments in Indian Startup Funding and Acquisitions: July 6 – 11
This week, 18 Indian startups raised nearly $70.4 million across 3 growth-stage and 15 early-stage deals.
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Zetwerk Receives Green Light from SEBI for Upcoming IPO
Zetwerk has received SEBI approval for its IPO, mixing fresh shares and an offer from investors.
Aukera Secures ₹90 Crore in New Funding Round Driven by Alteria Capital
Aukera raised Rs 90 crore in funding, aiming to expand its store network and product development efforts.
thumpN Secures $3.75 Million in Pre-Seed Funding
thumpN, a ticketing platform, raised over $3.75M from Bollywood musicians and investors for expansion.
Dhan Parent Revamps GIBL, Unveiling a Bold New Identity as Pluto Insurance
Raise Financial Services rebrands GIBL to Pluto Insurance, investing Rs 100 crore in the new entity.
Indifi Set to Secure Over $8 Million Investment, Led by ICICI Venture
Indifi plans to raise Rs 79 crore in its first funding round in three years, led by ICICI Venture.
Delhi High Court Rejects Zostel’s New Plea in OYO Legal Battle, Appeal Scheduled for August 12
The Delhi High Court dismissed Zostel's application in its legal battle with OYO, set for appeal in 2026.
BiofuelCircle Celebrates New Milestone with ₹35 Crore Funding Boost
BiofuelCircle raised Rs 35 crore in funding led by Pooja Unichem LLP, boosting its valuation to Rs 638 crore.
Fundamentum Unveils Ambitious Third Series B Fund Aiming for ₹2,200 Crore Target
Fundamentum Partnership launched Fund III with a Rs 2,200 crore target, focusing on early growth startups.
Mukesh Bansal’s Nurix AI Strengthens Its Portfolio with the Acquisition of Verloop.io
Nurix AI has acquired Verloop.io to enhance its conversational AI capabilities for enterprises.