In the largest funding round, fashion e-commerce platform Purple secured $120 million led by Abu Dhabi Investment Authority.

Agri-tech startup Arya.Ag also announced raising $29 million led by impact investment firm Blue Earth Capital.

Video telematics startup Coutio also announced a pre-seed raise of Rs 6.5 crore led by Antler, 8i Ventures and AU Small Finance Bank.

Domestic startups have raised nearly $7 billion in funding during the first half (H1) of 2024, up from $5.92 billion raised in H1 2023.

Additionally, the fintech ecosystem achieved a significant milestone in the first half of this year by joining the US and UK among the top three funded companies globally.