The startup ecosystem of India remains on a strong growth momentum with companies across sectors raising new funding to grow their operations and strengthen existing offers. The increasing diversity and innovation in India’s entrepreneurial ecosystem are exemplified by companies across various sectors, including finance, tech, solar energy, and consumer products.
Weaver Services: Affordable Home Finance Innovator
Funding Amount: USD 170 million
Investors: Lightspeed, Premji Invest, Gaja Capital
Founded in 2024, Weaver Services — founded by Satrajit Bhattacharya and Anil Kothuri in Mumbai — is creating an affordable housing finance company enabled by technology. Weaver uses alternative sources of data and artificial intelligence to meet unmet needs in underserved markets and mainly focuses on self-employed individuals in tier II and III cities. Their mission? To help more people attain home ownership who have been turned down by a traditional lender.
Amnex Infotechnologies — Smart Tech Solutions Provider
Funding Amount USD 52.6 Million
Investors Wealth Company Asset Management
Ahmedabad-based Amnex Infotechnologies was co-founded by Aditya Shah and Tapan Gosaliya in 2008 as a company for developing end-to-end technology solutions that embrace Artificial Intelligence, Internet of Things, Geographic Information Systems, and blockchain. The company’s offerings exist across many sectors, including smart cities, agriculture, utilities, and logistics, which allows for large-scale digital transformation.
Darwinbox: human capital management leader.
Funding Amount: USD 40 Million
Investors: Teachers’ Venture Growth (TVG)
Founded in 2015 by Jayant Paleti, Chaitanya Peddi, and Rohit Chennamaneni, Darwinbox is a pioneer in human capital management based in Hyderabad. The Company’s cloud-based Human Capital management (HCM) software platform governs the total employee lifecycle, such as payroll, attendance, performance analytics, employee experience and talent management to optimize efficiencies in HR operations.
R for Rabbit: Baby Products Brand
Funding Amount: USD 27 Million
Investors: Filter Capital, 3one4 Capital
Founded in 2014 by Kunal and Kinjal Popat in Ahmedabad, R for Rabbit is a leading baby products brand providing strollers, car seats, feeding needs, diaper bags, high chairs, and toys through a sub-brand called Orapple. The company offers something for every type of modern parent, providing a range of safe and innovative products to help modern parents across India.
Goldi Solar: Renewable Energy Maker
Funding Amount: $15.72 Million
Crowd funding, Nikhil Kamath
Founded in 2011 by Ishverbhai Dholakia in Surat, Goldi Solar produces solar photovoltaic modules along with engineering, procurement, and construction (EPC) services. The company also acts as an Independent Power Producer, supplying the expansion of renewable energy in India with high-quality solar products.
Signals the resilience and diversity of Indian start-ups, each addressing significant gaps in their sectors, and with strong investor interest.
