India’s Startup Ecosystem Shines Bright with Six New Unicorns in 2024
The year 2024 has been a remarkable one for India’s startup scene. Six companies have achieved the highly sought-after unicorn status—meaning they’re now valued at $1 billion or more. This impressive feat marks a huge jump from 2023, when only two startups made it to the unicorn club. With these new additions, India’s…
LambdaTest Secures $38 Million in Funding to Transform Software Testing
In a significant move to redefine software quality assurance (QA), LambdaTest, a cloud-based unified testing platform, has raised $38 million in its latest funding round. The investment was led by Avataar Ventures and saw participation from Qualcomm Ventures, pushing the startup’s total funding to a substantial $108 million.
Orange Health, a fast-growing healthcare and diagnostics startup, has successfully raised $12 million in its latest funding round. The investment was led by Amazon’s Smbhav Venture Fund, with significant participation from existing backers including Accel, General Catalyst, Bertelsmann India Investments, and Y Combinator. This new round brings the total funds raised by the company to over $47…
WickedGud, the Mumbai-based startup known for its healthier alternatives to traditional snack foods, has raised Rs 20 crore in a fresh funding round. This round was led by Orios Venture Partners, with participation from Asiana Fund and existing investors, including Bollywood actress Shilpa Shetty. The investment follows a series of successful fundraising rounds, including one almost a year ago…
Ladies Who Lead (LWL), a growing platform focused on empowering women professionals, has successfully raised $1 million in a pre-Series A funding round. The round was led by Rainmatter, the investment firm founded by Nikhil Kamath of Zerodha, with additional backing from the Family Office of Jayant Davar.
This investment will help LWL expand its ecosystem and provide women with the resources…
Mumbai-based Nazara Technologies, a leading player in the gaming and sports media sector, has successfully raised Rs 855 crore (about $100 million) in a funding round aimed at supporting its global expansion and acquisition strategy. This move is set to propel the company further into the competitive gaming industry, while providing the necessary resources for strategic growth and market…
Homversity, a student housing platform that gained attention on Shark Tank India, has successfully raised $1 million in a pre-Series A funding round. With this fresh capital, the company aims to transform the student housing industry in India and create a scalable model that ensures high-quality, convenient, and secure accommodations for students across the country.
What is Homversity?
Founded in…
In a major milestone for the growing watertech industry, Hyderabad-based Althion has successfully raised Rs 3.6 crore (about $426,000) in its pre-Series A funding round. The funding was led by BioAngels, an investment arm of the IAN Group, and supported by prominent investors such as Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.
This investment is a significant boost for Althion…
Ukhi Secures $1.2 Million to Boost Eco-Friendly Packaging Solutions
In a major move toward tackling plastic pollution, Ukhi, a Faridabad-based startup specializing in sustainable biomaterials, has successfully raised $1.2 million in a pre-seed funding round. The round, led by 100Unicorns, saw participation from Venture Catalysts and angel investor Avtar Monga, along with debt funding from SIDBI…
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In the fast-evolving world of ecommerce, efficient logistics play a pivotal role in a brand’s success. That’s where LOCAD, a digital logistics startup, is making waves. The company has just raised $9 million in a pre-Series B funding round, with plans to accelerate its international growth and enhance its AI-powered logistics platform. Co-led by Global Ventures and Reefknot…
