Weekly Funding Roundup: The startup deals you may have missed in the week of September 27
Weekly Funding Roundup: The startup deals you may have missed in the week of September 27
The week’s biggest funding rounds grabbed the spotlight, but they weren’t the only deals signed. Here’s a roundup of other startups that announced fresh funding over the past week.
Funding: $10.5 million (around Rs 101 crore), seed round
Key investors in this round: Peak XV Partners, Shine Capital and Blume Ventures
What it does: Rivet is a community-driven dating platform where users can act as matchmakers for other people. The startup is using the funding to build its product and expand across the US.
Funding: $6.7 million (around Rs 64 crore), seed round
Key investors in this round: Elevation Capital and Foundation Capital
What it does: Dextr AI builds AI agents for hospitality operators across voice AI, guest management, back-office operations, staff management, sales and marketing. It plans to expand its deployments across global hospitality markets, including India.
Funding: Rs 45 crore, seed round
Key investors in this round: Avaana Capital
What it does: Drivn is an electric commercial mobility startup focused on vehicles for commercial transportation. The fresh capital will support the company's operations and expansion of its EV platform.
Funding: Rs 43 crore, pre-Series A
Key investors in this round: Version One Ventures, Xeed Ventures, Good Capital and Amplify
What it does: Rio Health is a quick-commerce platform for medicines and healthcare essentials, offering 20–30 minute deliveries across Delhi-NCR. It plans to expand from three to more than 15 dark stores and strengthen its ordering, inventory and delivery technology.
Funding: $4 million (around Rs 38 crore)
Key investors in this round: General Catalyst, Nexus Venture Partners, DeVC, Peercheque and Kunal Shah
What it does: Sol is building a proactive AI assistant that identifies commitments in emails and carries out tasks such as research, document creation, scheduling and drafting replies, with users retaining final approval.
Funding: Rs 22 crore, pre-Series A
Key investors in this round: Nitin Agarwal, D Prasad, Anant Jain and Sachin Kasera
What it does: Definedge is a fintech and brokerage platform offering trading, wealth-tech and investment products. It plans to use the funding to expand margin funding, AI and automation, distribution and platforms including Zone, Opstra, Algostra and Momentify.
Funding: Rs 12.5 crore, pre-Series A
Key investors in this round: Divisa Family Office and Zeropearl VC
What it does: ONYA is a lab-grown diamond jewellery brand with stores across Bengaluru, Pune and Hyderabad. It plans to use the capital to expand its retail footprint, online customer acquisition and product design and manufacturing capabilities.
Key investors in this round: Uday Narang, founder of Omega Seika Mobility
What it does: Prime Industries is focused on defence, nuclear and precision manufacturing through its portfolio of businesses. The fresh capital will support specialised engineering capabilities and a proposed R&D and incubation centre.
Funding: $1 million (around Rs 9.6 crore), pre-seed round
Key investors in this round: Y Combinator and Entrepreneur First, along with angel investors
What it does: ByteAsk is building AI coding agents for C and C++ developers working in high-stakes sectors such as defence, aerospace, robotics, automotive and semiconductors.
Funding: Rs 9 crore, seed round
Key investors in this round: Sharrp Ventures, Peercheque, Consumer Collective by Atrium and Indian Silicon Valley Capital
What it does: Protein Pantry is a high-protein frozen food brand making ready-to-cook products such as soya chaap, kebabs, cutlets and falafels. It plans to scale manufacturing, R&D, supply chain and its quick-commerce presence.
Funding: $600,000 (around Rs 5.7 crore), pre-seed round
Key investors in this round: Lumikai, Marlan and angel investors
What it does: Demoverse is an AI-powered product co-creation platform that lets consumers reshape brand concepts before they go into production. It is starting with fashion and plans to expand into categories such as beauty and consumer packaged goods.
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