Top Venture Capital Deals of the Week (June 28–July 04)
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India's startup ecosystem remained vibrant this week with a mix of B2B marketplaces, climate-tech innovations, agritech solutions, and consumer-focused ventures that successfully secured funding. From revolutionising local kirana stores to creating eco-friendly alternatives to plastic, let's dive into the standout startup funding highlights of the week:
Jumbotail
Inception: 2015
2015 Founders: S Karthik Venkateswaran and Ashish Jhina
S Karthik Venkateswaran and Ashish Jhina Based-out: Bengaluru
Jumbotail is a B2B online marketplace aimed at revolutionising food and grocery retail for India's ubiquitous kirana stores. It provide a comprehensive platform that covers everything from digital ordering and warehousing to logistics and fintech solutions, plus a modern retail network called J24. With their GoldenEye Retail Operating System, Jumbotail is helping small retailers go digital and modernize, giving them a fighting chance against larger retail chains.
Funding Amount: USD 120 Million
Investors: SC Ventures, Artal Asia
Eggoz
Inception: 2017
2017 Founders: Abhishek Negi, Aditya Singh, and Uttam Kumar
Abhishek Negi, Aditya Singh, and Uttam Kumar Based-out: Gurugram
Eggoz is a tech-enabled egg farming company that focuses on producing and selling high-quality, nutritious eggs. It offers brown, white, and Nutra eggs, and also sell egg-based products like burgers and nuggets. Eggoz operates a farm-to-consumer model, ensuring freshness and hygienic practices, and is expanding its presence both online and offline.
Funding Amount: USD 20 Million
Investors: Gaja Capital, IvyCap Ventures, Rebright Partners, Avaana Capital, NABVENTURES, and others
AppsForBharat
Inception: 2020
2020 Founder: Prashant Sachan
Prashant Sachan Based-out: Bengaluru
AppsForBharat is a leading faith-tech company focused on spiritual engagement through digital tools. Its flagship app, Sri Mandir, allows users to engage in virtual pujas, send chadhava (offerings), receive prasad, and stream devotional content, bridging traditional faith practices with digital convenience.
Funding Amount: USD 20 Million
Investors: Susquehanna Asia Venture Capital, Fundamentum, Elevation Capital, Peak XV Partners
Aukera
Inception: 2023
2023 Founders: Lisa Mukhedkar and Kumar Saurabh
Lisa Mukhedkar and Kumar Saurabh Based-out: Bengaluru
Aukera is a premium lab-grown diamond jewelry brand offering IGI-certified diamonds through an omnichannel retail model. With 13 company-owned stores in metro cities, Aukera caters to modern consumers seeking sustainable and ethical luxury. The brand offers a range of rings, earrings, pendants, and more, blending traditional and contemporary designs.
Funding Amount: USD 15 Million
Investors: Peak XV Partners, Fireside Ventures, Sparrow Capital, Prath Ventures, Alteria Capital
Bambrew
Inception: 2019
2019 Founder: Vaibhav Anant
Vaibhav Anant Based-out: Bengaluru
Bambrew is a sustainability-focused startup replacing single-use plastic with compostable packaging made from bamboo fiber, agro-waste, and recycled paper. It serves multiple industries, helping businesses meet their sustainability goals while reducing plastic dependency.
Funding Amount: USD 10.3 Million
Investors: Ashok Goel, ENRISSION INDIA CAPITAL
Eeki
Inception: 2018
2018 Founders: Abhay Singh and Amit Kumar
Abhay Singh and Amit Kumar Based-out: Kota
Eeki is transforming agriculture with IoT-enabled, climate-controlled aeroponic farms. These farms grow pesticide-free vegetables at scale, making sustainable farming both viable and cost-efficient. The company partners with landowners to convert non-arable land into productive farmland.
Funding Amount: USD 7 Million
Investors: Sixth Sense Ventures
Zango AI
Inception: 2024
2024 Founders: Ritesh Singhania and Shashank Agarwal
Ritesh Singhania and Shashank Agarwal Based-out: Bengaluru and San Francisco
Zango AI offers a regulatory compliance platform that combines AI-powered agents with human expertise to automate critical compliance functions like horizon scanning, gap analysis, and controls testing. It aims to streamline compliance for financial services and other complex sectors.
Nexus Venture Partners, South Park Commons, and notable angels including Richard Davies and Alan Morgan
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