This Week's (Aug 15–22) Biggest Startup Funding Highlights
India's startup ecosystem continues to surge forward, with innovative ventures across sectors securing fresh capital to fuel expansion and strengthen offerings.
Meenu Rapria. 
From finance to technology, renewable energy, and consumer products, these companies highlight the diversity and resilience that define the country’s entrepreneurial spirit.
Weaver Services: Affordable Home Finance Innovator
Founded in 2024 by Satrajit Bhattacharya and Anil Kothuri, Mumbai-based Weaver Services is revolutionizing affordable housing finance. By leveraging artificial intelligence and alternative data, the company targets underserved markets, particularly self-employed individuals in Tier II and III cities. Weaver’s mission is clear—making home ownership accessible to those often overlooked by traditional lenders.
Funding Raised: USD 170 Million
Investors: Lightspeed, Premji Invest, Gaja Capital
Amnex Infotechnologies: Smart Tech Solutions Provider
Ahmedabad-headquartered Amnex Infotechnologies, launched in 2008 by Aditya Shah and Tapan Gosaliya, develops integrated technology solutions powered by Artificial Intelligence, IoT, Geographic Information Systems, and blockchain. Its smart solutions for cities, agriculture, utilities, and logistics are enabling large-scale digital transformation across India.
Funding Raised: USD 52.6 Million
Investors: Wealth Company Asset Management
Darwinbox: Human Capital Management Leader
Established in 2015 by Jayant Paleti, Chaitanya Peddi, and Rohit Chennamaneni, Darwinbox is a Hyderabad-based HR tech leader offering a cloud-based Human Capital Management (HCM) platform. From payroll and attendance to performance analytics and talent management, Darwinbox empowers organizations to streamline and optimize their workforce operations.
Funding Raised: USD 40 Million
Investors: Teachers’ Venture Growth (TVG)
R for Rabbit: Modern Baby Products Brand
Ahmedabad’s R for Rabbit, founded in 2014 by Kunal and Kinjal Popat, has emerged as one of India’s leading baby product brands. Offering everything from strollers and car seats to feeding essentials and toys under its sub-brand Orapple, the company combines safety with innovation to cater to modern parenting needs.
Funding Raised: USD 27 Million
Investors: Filter Capital, 3one4 Capital
Goldi Solar: Renewable Energy Manufacturer
Established in 2011 by Ishverbhai Dholakia in Surat, Goldi Solar manufactures high-quality solar photovoltaic modules while also offering EPC services and functioning as an Independent Power Producer (IPP). By expanding India’s renewable energy capacity, Goldi Solar plays a critical role in the nation’s green transition.
Funding Raised: USD 15.72 Million
Investor: Nikhil Kamath
The Big Picture
Together, these ventures underscore the depth and diversity of India’s startup landscape. Each is addressing critical gaps in its sector—from financial inclusion and sustainable energy to HR innovation and consumer products—while attracting strong investor confidence. The fresh momentum reinforces India’s position as one of the world’s most dynamic entrepreneurial hubs, poised for continued growth.
