Funding Flow

India’s agritech sector gained momentum in 2021-2022 but faced declines in funding and growth challenges.

Bengaluru-based Agrani Labs, an AI semiconductor startup, raised $8 million to build high-performance AI GPUs.

Chennai's Entellus Industries has raised Rs 50 crore to expand its manufacturing of rare earth products.

Mysa raised $3.4M to expand automation and launch banking products for mid-sized Indian businesses.

4baseCare has raised Rs 90 crore in Series B funding to expand its genomics lab network and AI platform.

Navam Capital's NVF-I fund raised over Rs 315 crore, focusing on deep-tech startups for global markets.

Legal-tech startup SpotDraft has raised $8 million from Qualcomm Ventures in a Series B extension.

Nivaan Care has raised $7M in Series A funding for expanding clinics and advancing pain management procedures.

This week, 47 Indian startups raised around $353.81 million, comprising 9 growth-stage and 34 early-stage.

Amazon is set to cut approximately 16,000 corporate roles in a restructuring to focus on AI.