This week, Indian startups across various sectors have secured significant funding, with Tessolve, a semiconductor company, taking the lead. Tessolve, headquartered in Bengaluru and part of Hero Electronix, received a $150 million investment from TPG Growth. This funding aims to expand its global delivery centers, enhance test labs, and pursue strategic acquisitions, strengthening its position in the semiconductor industry.
CityMall, a community commerce startup based in Gurugram, raised $47 million in a Series D round led by Accel. The company plans to use the funds to enhance its supply chain and expand its offerings in small towns.
Seekho, a Bengaluru-based platform for short-form learning videos, secured $28 million in a Series B round. The company aims to diversify its content and enter the U.S. market, enhancing personalization through AI.
Blue Tokai Coffee Roasters, a premium coffee brand from New Delhi, raised $25 million to expand its stores and infrastructure, with plans to enter markets in Dubai and Japan.
Lastly, FirstClub, a newly launched quick commerce platform in Bengaluru, raised $23 million. The company offers a membership-based service for premium customers and plans to expand its product range to include pet care and children’s food.
These funding rounds reflect investors’ continued confidence in Indian startups, which are rapidly developing solutions across diverse industries.
