From Even Health To The Pant Project— Indian Startups Raised Over $184 Mn This Week
Indian startup funding activity slowed down in the third week of October, with 17 startups raising over $184 Mn. This…
Indian startups raised over $184 million in the third week of October, reflecting a 22% decline compared to the previous week's $236.2 million. The number of funding deals decreased by 32% from 25 to 17. AI startups dominated investor interest, securing $93.9 million across six deals. Healthtech ranked second in funding, with Even Health raising $50 million in a Series B round led by Khosla Ventures and Alpha Wave.
Other notable rounds included Different AI's $48 million Seed funding, AuxoAI's $20.7 million Series A, and The Pant Project's $11.5 million Series B. Venture debt firms Trifecta Capital and Blume Ventures were particularly active. Meanwhile, defence tech firm Tonbo Imaging successfully completed its IPO, while B2B manufacturing company Zetwerk also raised capital.
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