Funding Roundup: Top 5 Startups Secure Over $450 Mn In The Latest Week

This week, a diverse range of startups across various sectors have successfully raised funding to fuel their growth, with a total of over USD 450 million secured. Below are the top 5 funding rounds, ranked in descending order of the amount raised:

Zepto –  USD 350 Million
Zepto, the quick commerce company, has raised a staggering  USD 350 million in a funding round led by Motilal Oswal Private Wealth. The round also saw participation from prominent investors such as Raamdeo Agarwal, the Taparia Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group, and others. This funding will help Zepto scale its operations in the fast-growing quick commerce market.

Nazara Technologies – USD 100 Million
Mumbai-based Nazara Technologies raised Rs 855 crore (approximately  USD 100 million) through a preferential issue, with the board approving the allotment on 27 November 2024. This funding will support the company’s expansion and investments in the gaming and tech sectors.

Candytoy Corporate (CTC) –  USD13.22 Million
Indore-based Candytoy Corporate (CTC), a global manufacturer of plastic promotional toys and confectionery, raised Rs 110 crore (approximately  USD 13.22 million) in a Series A round. The funding round included a group of domestic investors, including Abakkus Asset Managers, Girik Capital, Param Capital Research, Sixth Sense Ventures, and Viney Equity Market. The funds will help CTC scale its manufacturing operations and expand its product portfolio.

Alt Mobility –  USD 10 Million
Alt Mobility, a commercial electric vehicle leasing and asset management company, secured USD 10 million in a Series A round led by European venture capital firm Eurazeo. The round also included participation from existing investors such as Shell Ventures, Twynam Earth Fund, and EV2 Ventures. ALT Mobility plans to use this funding to grow its EV leasing and fleet management services.

ShopDeck –  USD 8 Million
ShopDeck, a direct-to-customer (D2C) e-commerce solutions provider, raised  USD 8 million in a funding round led by Bessemer Venture Partners. Elevation Capital, Venture Highway (acquired by General Catalyst), and Chiratae Ventures also participated in the round. The funds will be used to expand ShopDeck’s e-commerce platform and enhance its product offerings for D2C brands.

This week’s funding activity reflects investor confidence across a wide range of industries, from quick commerce and gaming to electric vehicles and D2C e-commerce solutions, highlighting the strong growth potential in these sectors.