Indian startups secured over $401 million in funding between July 29 and August 3, 2024, with Rapido leading the pack.

Between July 29 and August 3, 2024, 28 startups across various sectors secured nearly $402 million in funding from investors. The sectors included EV, D2C, Beverage, Fintech, Ride-hailing, Gaming, Technology, SaaS, NBFC, Spacetech, and AI.

Indian startups alone raised over $82 million, with Bengaluru-based Unimech Aerospace leading with $29.86 million. Unlike merger and acquisition deals, which often keep financial details confidential, these funding rounds shed light on the sectors gaining investor interest.

In terms of high-value investments, ride-hailing emerged as a standout sector. Rapido, a ride-hailing company, raised $120 million and achieved unicorn status in India. Gruner Renewable Energy followed with $60 million. Additionally, Bengaluru-based Navi Finserv, Gurugram-based BluPine Energy, and NBFC firm Clix Capital collectively raised $92.7 million. Navi Finserv secured $38 million, BluPine Energy $28.5 million, and Clix Capital $26.2 million.

For emerging startups, SaaS company Bloq Quantum raised $150,000 in pre-seed funding, and toystack.ai, a technology startup, garnered $325,000 in pre-seed funding. Bebe Burp raised $950,000 in pre-Series A funding, while edutainment startup EMoMee raised $1 million in pre-seed funding.

SaaS startup Nected raised $1.5 million in Seed funding, matching the amount raised by beverage startup LB Brewers in pre-Series A funding. Sportstech startup Khelomore secured $2 million in pre-Series A funding, and AI startup Rabbitt AI raised $2.1 million in a Seed round. Insurtech startup Square Insurance and EV startup ElectricPe each raised $3 million in pre-Series A rounds, while AI startup Gnani.ai secured $3.58 million in Series A funding. Spacetech startup GalaxEye raised $6.5 million in Series A funding.

Wedding startup Meragi obtained $9.1 million in Series A funding. Fintech startup BharatPe raised $10 million in debt funding, and social media platform Sharechat secured $16 million. EV startups Simple Energy and Kinetic Green each raised $20 million, with Simple Energy's amount coming from Series A funding and Kinetic Green from a combination of debt and equity. Trade Financing startup Vayana Network also raised $20 million in Series D funding. Funding figures for D2C fitness brand Boldfit, gaming startup Game Theory, and AI startup Cogniquest were not disclosed.