From Flam To VerifAIX — Indian Startups Raised About $59 Mn This Week

This week, Indian startups raised approximately $59 million in venture capital funding across 14 rounds. Enterprise services dominated the funding landscape, attracting the most capital with three startups raising a combined total of $42.5 million. Advertising services startup Flam led the pack with the largest round, securing $40 million in Series B funding.

Consumer services saw three deals, with startups raising a total of $4.8 million. AJVC was the most active investor, participating in four deals and backing MoroMaa, Beijan, and Slayd. Seed-stage startups raised about $10.1 million, with VerifAIX securing a $5 million round. Funding updates also included India Accelerator's closing of its ₹250 crore growth stage fund and Activate's successful $105 million maiden fund.