Several Indian startups have raised funds across various categories from Nov 4 to Nov 8, Deep-tech startup, Travel tech startup, Direct-to-consumer fitness startup and more. We will highlight five such transactions, including how these startups plan to use the raised capital.

30 Sundays | Travel tech startup

30 Sundays, an AI-first travel agent, has raised $770,000 in its pre-seed round led by Infoedge Ventures with participation from First Cheque, Eximius, Misfits, and other angel investors.

As per the startup, the funding will be used to open more destinations, including the European market and long-haul trips. It will also strengthen its AI and data capabilities to scale faster with excellent customer experience.

Founded in 2022 by Kshitij Chaudhary and Anuj, 30Sundays uses generative artificial intelligence (GenAI) to streamline operations, automating tasks like collecting customer information and updating itineraries. It also uses AI to analyse calls and reviews at scale to gather customer insights.

Boldfit | Direct-to-consumer fitness startup

Boldfit has raised Rs 110 crore (approximately $13 million) in a new funding round led by Bessemer Venture Partners.

As per the startup, the funding will be used to enhance product innovation and scale brand expansion.

Founded in 2018 by Pallav Bihani and Aasshna Guptaa, Boldfit is an e-commerce platform offering a wide range of sports and fitness products. The company’s product categories include apparel, fitness equipment, nutrition supplements, and accessories. Boldfit caters to a variety of sports, including basketball, cycling, football, volleyball, badminton, and cricket, and offers more than 400 products at affordable prices.

Nexstem | Deep-tech startup

Deep-tech startup Nexstem has raised $3.5 million in its latest funding round, co-led by InfoEdge, Zupee, Smile Group, and Nikhil Kamath & Abhijeet Pai’s Gruhas.

As per the startup, the funding will be used to scale its latest product ecosystem, expand its IP portfolio, and accelerate the deployment of biosignal infrastructure with an advanced Brain-Computer Interface (BCI) suite.

Co-founded in 2020 by Siddhant Dangi and Deepansh Goyal, Nexstem develops cutting-edge, non-invasive BCI solutions aimed at making BCI technology accessible and empowering researchers, clinicians, and developers to innovate and explore new frontiers in brain-computer interaction.

Pulse | Agentic AI-powered platform

Pulse, an agentic AI-powered platform, has raised $1.4 million in its seed round led by Endiya Partners.

As per the startup, the funding will be used towards building a strong core team, emphasizing the platform’s development and enhancing purpose-built LLMs & Agentic AI capabilities.

Founded in 2024 by Haren Chelle, Vatsal Singhal, and Alok Thatikunta, Pulse has begun pilots with multiple design partners and is set to go live with several of them, alongside the launch of its MVP in November 2024. 

Enlog | Electricity management startup

Energy management and IoT solutions provider Enlog has secured Rs 1.75 crore in equity funding, led by Vinners.

As per the startup, the funding will be used to expand its operations and drive growth in the energy management sector.

Co-founded in 2019 by Bharath Rankawat and Jharna Saha, Enlog specializes in IoT and AI-powered energy solutions that optimize electricity consumption and reduce carbon footprints. The startup aims to promote energy efficiency and sustainability for businesses across India, addressing the growing need for sustainable energy practices.

Follow us and connect with us on Instagram, Facebook, Twitter, and LinkedIn.

Note: If you are a budding entrepreneur and require assistance to register a Pvt Ltd Company, register a company, create financial projections, business development, LLP Registration, compliance filing, funding formalities, debt funding, CFO Services, or other startup related legal services, contact us.