Weekly Funding Roundup for October Last Week

This week, 15 Indian startups received funding, with 13 receiving a total of approximately $293.3 million.
The top fundraisers were Udaan and boAt, who raised $120 million and $60 million, respectively.
Last week, 33 domestic startups raised $509.4 million in funding.
Growth/late-stage transactions
Five growth or late-stage startups received funding this week.
Among those on the list are Udaan's $120 million convertible note and debt round, boAt, and SiMa.ai Byju.
Sr. No. |
Startup Name |
Segment |
Amount Raised (In $Mn) |
Series |
Lead Investor/s |
Investors Participated |
1 |
boAt Lifestyle |
Consumer electronics company |
60 |
---- |
Warburg Pincus |
Malabar Investment |
Early-stage transactions
Ten startups have raised funds in the early stages, including three undisclosed rounds.
Devtron, a DevOps startup, topped the list with a $12 million Series A round.
Cybersecurity startup BluSapphire, Serosoft, EMotorad, The Indus Valley, and LUVIN are among the other companies on the list.
Sr. No. |
Startup Name |
Segment |
Amount Raised (In $Mn) |
Series |
Lead Investor/s |
Investors Participated |
1 |
Devtron |
open-source DevOps platform |
12 |
---- |
Insight Partners. |
Leo Capital |
2 |
BluSapphire Cyber Systems |
Full-stack cybersecurity platform |
9.2 |
Series A |
Barings Private Equity India |
Dallas Venture Capital, RPG Ventures Merisis Venture Partners |
Unannounced transactions
SoME, Sama, and GoFloaters did not provide financial information.
Deals by city and segment
This week, Bengaluru-based startups led in both the number of startup deals and the amount raised.
According to Fintrackr data, six Bengaluru-based startups raised $204 million this week, accounting for 69.36% of total funding.
During the week, two Delhi-NCR startups raised $72 million in two separate transactions.