Top Underrated Startups Got Funding in 2024 Set to Transform India in 2025. Last year marked a significant year for the Indian startup ecosystem, with innovative companies across various sectors securing substantial funding.
From AgriTech to FinTech, these startups demonstrated strong potential to transform their respective industries through technology-driven solutions and scalable business models.
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Table of Contents
List of Top Game Changing Indian Startup Funding in 2024
Startup | Sector | Funding Amount | Round | Month/Year |
FarmRise | AgriTech | ₹120 crore | Series B | January 2024 |
LogiNext | Logistics SaaS | $18M | Series A | February 2024 |
SunFox | Healthcare Wearables | ₹90 crore | Pre-Series A | March 2024 |
EVage | Electric Fleet Vehicles | ₹60 crore | Seed | April 2024 |
StackBox | Warehouse Robotics | $20M | Series A | May 2024 |
WasteToWealth | Sustainability | ₹50 crore | Seed | June 2024 |
SkillHunt | EdTech | ₹30 crore | Series A | July 2024 |
BlueSky Energy | Solar Solutions | $12M | Series A | August 2024 |
Vahan | Gig Economy | ₹100 crore | Series B | September 2024 |
FreshCart | Grocery Delivery | ₹80 crore | Series A | October 2024 |
ShieldPay | Payments Security | ₹150 crore | Series A | November 2024 |
Medial.app | Professional Social Media | $500K | Pre-Series A | December 2024 |
FarmRise
FarmRise kicked off the year strong by securing ₹120 crore (~$15M) in Series B funding.
Their platform revolutionizes farming for small-scale farmers by providing real-time crop advice, micro-loans, and weather alerts, while building strong partnerships with local cooperatives.
LogiNext
LogiNext raised $18M in Series A funding, focusing on empowering small logistics companies with AI-powered route optimization software.
Their success in Tier 2 and Tier 3 cities proved the viability of their model in untapped markets.
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SunFox
SunFox secured ₹90 crore (~$11M) in Pre-Series A funding for their innovative portable ECG devices, targeting improved healthcare access in rural areas through partnerships with state governments.
EVage
EVage raised ₹60 crore (~$7.5M) in seed funding for their low-cost electric delivery vans, making sustainable last-mile delivery accessible to SMEs through their modular manufacturing approach.
StackBox
StackBox secured $20M in Series A funding for their AI-driven inventory management system, which has shown impressive results in reducing operational errors for mid-sized warehouses by up to 90%.
WasteToWealth
WasteToWealth raised ₹50 crore (~$6M) in Seed funding for their innovative approach to converting organic waste into biofuels and fertilizers, addressing both waste management and renewable energy needs.
SkillHunt
SkillHunt secured ₹30 crore (~$3.7M) in Series A funding for their vocational training platform, focusing on blue-collar workers with guaranteed job placements.
BlueSky Energy
BlueSky Energy raised $12M in Series A funding to provide affordable solar kits to off-grid households, making clean energy accessible through EMI plans.
Vahan
Vahan raised ₹100 crore (~$12.5M) in Series B funding for their platform connecting gig workers to job opportunities while providing upskilling modules.
FreshCart
FreshCart secured ₹80 crore (~$10M) in Series A funding for their three-hour fresh produce delivery service, utilizing predictive AI for inventory management.
ShieldPay
ShieldPay raised ₹150 crore (~$18M) in Series A funding for their secure payment gateway solutions tailored for SMEs.
Medial.app
Medial.app secured $500,000 in Pre-Series A funding for their startup ecosystem platform, facilitating connections between entrepreneurs, tech professionals, and investors.
Conclusion
The 2024 funding landscape in India showed a clear preference for startups addressing tangible market needs with scalable solutions. These companies demonstrated strong potential through their innovative approaches, strategic partnerships, and focus on underserved markets. Their success stories highlight the evolving maturity of India’s startup ecosystem and its ability to attract significant investment across diverse sectors.
FAQs
Name Top Game Changing Indian Startup Funding in 2024
FarmRise, LogiNext, SunFox, EVage, StackBox, WasteToWealth, SkillHunt, BlueSky Energy, Vahan, FreshCart, ShieldPay, and Medial.app
What was the common theme among successful startups?
Most successful startups focused on solving real-world problems with technology-driven solutions, particularly in underserved markets or sectors.