Funding roundup: 34 Indian startups raise nearly $335 million
From October 27 to November 1, 2024, 34 Indian startups pulled in nearly $335 million—just a tad below last week's numbers.
The steady flow of funding highlights continued investment activity in India's startup ecosystem.
Snapmint leads growth-stage funding
Most of the money went to growth-stage companies. Snapmint, a fintech player, led with a massive $125 million Series B round backed by General Atlantic and others.
Snabbit followed with $30 million, while IntrCity SmartBus and Jupiter Money also scored sizable rounds.
Early-stage rounds and top city
Early-stage startups grabbed about $126 million, with AI startup Mem0 raising $24 million and Optimo Capital pulling in $17.5 million.
Other fresh faces getting funded include Goyaz (jewelry), Pluro Fertility, Smallest AI (voice tech), and Point AI (e-commerce).
Bengaluru topped the charts for deal activity this week.