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Prosper planet pulse
Home»Startups»Best Startup Funding of the Week: June 21-28
Startups

Best Startup Funding of the Week: June 21-28

prosperplanetpulse.comBy prosperplanetpulse.comJune 29, 2024No Comments2 Mins Read0 Views
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Opinions expressed by Entrepreneur contributors are their own.

You’re reading this now from Entrepreneur India, the international franchise of Entrepreneur Media.

Zepto: Founded in 2021 by Aadit Paricha and Kaivalya Vora, the Mumbai-based e-grocery startup delivers products like fresh fruits and vegetables, daily cooking essentials, dairy products, health and hygiene products to Indian households within 10 minutes. Apart from groceries, the company has also introduced a café service where customers can order coffee, chai and other café items along with their groceries.

Funding amount: US$665 million

Investor: Avenir, Lightspeed, Avra, Gladebrook, Nexus, Stepstone, Goodwater, Rachigroom

Rocket Lane: Founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala, Rocketlane is a purpose-built customer onboarding and PSA platform that accelerates time to value and improves project profitability and predictability. Based in California and Chennai, the company helps businesses deliver predictable outcomes, improve team utilization and project profitability.

Funding amount: US$24 million

Investor: 8VC, Matrix Partners India, Nexus Venture Partners

Jiyodo: Founded in 2023 by Ankit Jaipuria and Ritesh Khandelwal, the Gurugram-based B2B startup modularizes fashion styles, leverages data to drive efficiency, and employs smart ERP solutions to optimize and scale the supply chain.

Funding amount: US$18 million

Investor: RTP Global, Lightspeed, Alteria Capital, Stride Ventures, Stride One, Trifecta Capital, etc.

Smart Works: Founded in 2016 by Neetish Sarda and Harsh Binani, the Gurugram-based shared workspace startup offers office spaces that can be set up quickly and customised to suit businesses’ requirements.

Funding amount: 168 billion rupees

Investor: Keppel Limited, Ananta Capital Ventures Fund I, and Plutus Capital

Le Peak: Rupeek is a digital lending fintech platform founded by IIT alumnus Sumit Maniyar in 2015. The Bengaluru-based platform claims to offer online gold loans at low interest rates.

Funding amount: 125 billion rupees

Investor: Elevation Capital

Project: Founded in 2019 by Mohal Lalbhai, Arun Pratap Singh, Kumar Prasad Terikepalli and Saran Babu, the Ahmedabad-based startup manufactures premium electric motorcycles. Matter plans to launch its first bike in early 2023 and began taking pre-orders in May of the same year.

Funding amount: 8.26 billion rupees

Investor: Capital 2B, Japan Airlines & Translink Innovation Fund, Miracle Carrier & Trading Company, Helena Special Investments Fund I



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