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.