Indian Startups raised $134 million this week, led by Gupshup, Netrasemi, and Edufund

SUMMARY
Indian startups secured 22 deals from July 21st to July 26th. This week, around $134.4 million in funding was raised from these deals, a 69 percent increase compared to last week. Funding activity increased in India’s startup ecosystem this week after two consecutive weeks of decline in investment, as the number went from last week’s $79.7 million secured across 21 deals to 134.4 million USD from 22 deals.
This increase in numbers is a clear sign of investors’ interest in new ideas. From cutting-edge technology to consumer products and a variety of businesses, the startup world is in continuous growth. This huge interest from investors is a hint that they are now betting big on startups with serious potential. The article mentions India’s startup scene, funding, and acquisitions this week.
Standout sector: Who secured the biggest investment?
This week, the enterprise tech sector received the most cash from investors. Five startups raised around 72.1 million USD, which is 50 percent of the total funds raised across all sectors this week. The biggest investment secured in this sector was Gupshuup. The firm topped both the sectoral and overall funding lists for this week.
Gupshup secured $60 million in its latest funding round from Globespan Capital Partners and EvolutionX Debt Capital. This startup uses artificial intelligence to help businesses engage with customers across different communication channels. The company aims to take its technology to a global level to represent Indian tech.
The Advanced Hardware and technology sector emerged as the second most funded sector with $14.5 million raised across three deals. The company working on semiconductor technology, Netrasemi, led the hardware & tech sector with 12.4 million USD raised during its series A funding round from Unicorn India Ventures and Zoho Corporation.
Funding across Seed-stage startups
Similar to last week, around seven seed-stage startups raised $18.1 million in seed funds this week. Even though the number of deals remains the same, the investment doubled this week. The Artificial Intelligence firm, Kluisz.ai, secured 9.6 million USD in its seed funding round from Blume Founders Fund, RTP Global, Unicorn India Ventures, and others.
The startup offers a cloud platform to provide infrastructure as a service and this cash will go towards research and development, helping Kluisz in its startup journey. The e-commerce startup, Escape Plan, also raised $5 million in its seed funding round. The firm saw participation from Jungle Ventures and Fireside Ventures. The seed funding sector saw a 50 percent increase this week, as it stood at 18.1 million USD, unlike last week’s $7.5 million.
The startups that grabbed the most attention
The consumer services startup, SuperK, led the funding list in the consumer service sector. The firm secured $11.5 million during its series B funding round from 3STATE Ventures, Shubman Gill, and other investors.
The e-commerce sector raised 11.2 million USD across five deals this week. Sugar Cosmetics led the funding list for this sector this week. The quick-commerce D2C platform plans to launch its new skincare and lipstick products while expanding its network. The startup secured $5 million during its recent funding round from Stride Ventures, Anicut Capital, and L Catterton.
Other major deals this week include. The Fintech startup EduFund secured $6 million during its series A funding round from Cercano Management, MassMutual Ventures, and other investors. Travel tech startup EVeez raised $5.4 million in its funding round from Michael & Susan Dell Foundation, Caret Capital, and others.
Another Enterprise tech firm, Enlite Research, contributed $5.3 million this week, securing this amount in its recent series A round from Avaana Capital and Calypond Capital. This B2B platform provides AI-based management solutions to its users.
Active investors this week
The investors played a big and active role in the funding this week. Unicorn India Ventures was the most active investor this week by backing two startups. The investment firm invested 12.4 million USD in the Semiconductor startup Netrasemi, and it also funded the artificial intelligence firm Kluisz.ai in its seed stage.
Anicut Capital is another notable investor; they led the mix of debt and equity round for Sugar Cosmetics with a 5 million investment. Globespan Capital Partners teamed up with EvolutionX to invest 60 million in Gupshup to help the Indian AI and tech market. This was the biggest deal for the week, accounting for 50 percent of the total funds raised.
These investments highlight the investment firm’s focus on enterprise tech and the advanced technology sector. It also shows their confidence in the global market potential of Indian startups. Other investors, such as Cercano Management and MassMutual Ventures, were also active, but they invested smaller amounts compared to others. The funding graph itself saw a huge increase this time compared to the last 2 weeks.
IPOs and Buyouts
The co-working space provider, IndiQube, finally completed its IPO and is expected to become the third listed co-working startup in 2025. The edtech firm, PhysicsWallah, also received SEBI’s approval for its IPO within four months of filing DHRP. Yali Capital also closed its maiden funding round at 103.2 million USD.
Overall funding report:
India’s startup ecosystem is growing, and the 60 percent increase in funding this week to $134 million suggests improved market conditions and investor’s support. The success of the enterprise tech and advanced hardware sectors highlights India’s growing innovation. 22 deals were made by Indian startups from July 21st to July 26th, securing over $134.4 million in funding.
Gupshup secured the highest funding amount of $60 million from Globespan Capital Partners and other investors in its latest funding round. It dominated the funding trend in the enterprise tech sector. Some of the major investments made include EduFund, which secured the most funds under the fintech category with $6 million from its recent series A round of funding. The majority of these startups were from the enterprise tech and e-commerce sectors, followed by advanced hardware & technology startups.
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