Thimmaya Poojary

Ethereal Machines will use this funding in multiple areas such as expanding manufacturing capacity, software & technology development, and global expansion.

Marine robotics startups Rekise Marine will utilise this funding primarily towards product development and hiring of engineering talent

Venture capital funding into Indian startups is showing a steady upward trend but this is unlikely to build into strong momentum given the current market conditions.

The multipronged approach of Biotechnology Industry Research Assistance Council (BIRAC) encompassing funding, infrastructure, networks, market reach has led to expansion of biotech startups in India

TruNativ, the Mumbai-based nutrition brand, has raised $30 million in a Series B round of funding led by OrbiMed, a healthcare focused investment firm.

Vetic will use the fresh capital to expand its clinic network and also to enhance the technology platform

The total funding for the week stood at $393 million across 18 deals. In comparison, the previous week saw $246 million. Sarvam AI accounted for nearly 60% of the total funding raised this week.

CRED plans to use the fresh capital to support growth initiatives and strengthen its path toward a public listing.

Backing translational science and de-risking innovation could allow philanthropy to create non-linear societal impact in India, says Social Alpha founder Manoj Kumar.

Venture capital funding into Indian startups crossed the $1-billion mark on a weekly basis for the first time since 2023 and this was primarily due to $900 million fund raise of CRED.