Finance outlook india logo
Home News Exclusive Expert's Viewpoint Corporate Startup Fintech Personal Magazine About Us Budget'24
  • Budget'26 Budget'25 Budget'24
    • Home
    • News
    startups

    Funding for Indian Startups Hits $57 Million in a Week! OfBusiness wins the Race


    Finance Outlook India Team | Monday, 21 April 2025

    Up to 19 Indian businesses from a variety of industries earned more than $57.8 million in funding from investors between April 14 and April 19, 2025. Throughout the week, investments were made in a wide range of industries, with B2B, wellness, infratech, drones, sports, gaming, electric vehicles, edtech, deeptech, QSR, robotics, and healthtech leading the way. With $11.71 million raised, OfBusiness led this category. Garuda Aerospace, a dronetech firm, raised $11.71 million.

    With a combined $15 million raised, Ahmedabad-based B2B industrial solutions supplier Magma, autonomous robotics startup Peppermint, and Deeptech surveillance startup Optimized Electrotech came next on the list.

    Peppermint raised $4 million, Magma raised $5 million, and Optimized Electrotech raised $6 million.

    BeastLife, founded by Gaurav Taneja, raised $220,000; Cura Care, a wellness startup, raised $580,000 in a pre-Seed funding round; CENTA, a beverage startup, raised $2.3 million in a Series A funding round; Rio Innobev, a beverage startup, raised $1.17 million in a pre-Series A funding round; Nothing Before Coffee, a QSR chain, raised $2.3 million in a pre-Series A funding round; Jewelbox, a jewelry startup, raised $3.2 million in a pre-Series A funding round; IPEC, an electric vehicle startup, raised $3 million; and Sexual wellness brand for women In a seed investment round, That Sassy Thing raised $700,000.

    Healthtech startup RISA Labs raised $3.5 million in a Seed fundraising round, Infratech startup Planck raised $500,000 in a pre-Seed funding round, and Shark Tank India featured Before going to Series A, Good Monk raised $2 million.

    Meanwhile, JetSynthesys, a gaming company, SportsSkill, a sportstech startup, and luggage brand Uppercase did not disclose the fundraising details.

    Strategic mergers and acquisitions also occurred during this time. Through its majority-owned subsidiary, Transaction Solutions International (India) Pvt. Ltd. (TSI), Australia-based Findi successfully acquired BANKIT Services Pvt. Ltd. for Rs. 160 crore (A$30 million). The all-in-one engagement and retention platform CleverTap purchased the firm rehook.ai, which was financed by Y Combinator.



    Read More:

    MoneyView Files DRHP With Sebi for Rs 1,500 Crore IPO

    PhonePe Eyes $10.5B Valuation in Upcoming IPO

    KNOWLEDGE DECK

    Most Viewed

    • The Economic Impact of India-Pakistan War: A Detailed Analysis

    • Why Financial Literacy Matters More Than Ever for Today's Youth

    • Prominent Financial Advisors in India to Partner With

    • Rags to Riches: The Top 6 Indian Entrepreneurs' Motivational Tales of Success

    • Navigating Financial Disruption With Future Proof Financial Service Deliverability

    • India's Rs 31 Lakh Cr Green Push: Building the Foundation of a Net-Zero Future

    • Wakhariya & Wakhariya: Facilitating International Legal Processes across Diverse Domains

    • Aligning Financial Strategies with Sustainable Business Goals

    • The Top 5 Highest-paid Actors in India - 2024

    • Central Government Proposes Tax on Agricultural Water Usage

    • Carpediem Capital Invests INR 100 Crore, CorporatEdge to Deploy INR 350 Crore in the next 3 Years

    • EPFO Registers All-Time High Member Addition of 20.06 Lakh in May 2025

    • Unearthing Intricacies of Today and Beyond in the Indian Insurance Sector

    • Expected Correction in Housing Prices to Revive Sales in Coming Quarters

    • How to Choose the Right Mutual Fund for your Financial Goals?

    • Future of Corporate Finance: Emerging Trends in Treasury Solutions and Cash Management for MNCs

    • ElasticRun Announces FY24 Financial Results: Key Details

    • Financial Inclusion in Viksit Bharat

    • Abans Financial Services Advises Vaishali Pharma on Strategic Acquisition of Kesar Pharma






    🍪 Do you like Cookies?

    We use cookies to ensure you get the best experience on our website. Read more...

    Copyright © 2026 Finance Outlook India. All rights reserved.   Privacy Policy Terms of Use Blogs Conferences Subscribe WRAPUP’25