This week, several Indian startups have made significant strides in securing funding, showcasing the nation’s growing innovation landscape. These companies, spanning diverse sectors such as clean energy, aviation, and personal care, are drawing substantial investor interest.
Waaree Energy Storage Systems, based in Mumbai, is at the forefront with its USD 36.6 million funding. Specializing in lithium-ion batteries and energy storage solutions, Waaree continues its commitment to sustainable energy, backed by manufacturing facilities in Gujarat and Noida.
Varaha, a Gurugram-based climate tech startup, has attracted USD 30 million. It focuses on nature-based carbon removal, working with smallholder farmers to generate verifiable carbon credits through regenerative practices.
Finnable, a digital lending platform headquartered in Bengaluru, secured USD 28.1 million. It provides instant personal loans to salaried individuals, expanding credit access for many first-time borrowers.
Star Air, operating out of Bengaluru, enhances regional connectivity with its fleet of Embraer aircraft. The airline, which offers both scheduled and charter services, received USD 17 million in funding.
New Delhi’s Bombay Shaving Company, known for its grooming products, raised USD 15.3 million. The company caters to modern grooming needs with a range of products for both men and women.
MAIA Estates, a luxury real estate developer from Bengaluru, specializes in high-quality residential and commercial projects. It secured USD 13.5 million to further its architectural ventures.
Lastly, Miko, based in Mumbai, creates AI-powered robots for children’s education. With USD 10.5 million in funding, Miko aims to deliver safe and personalized learning experiences for young learners.
