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The crime for which Nimisha Priya was convicted occurred in northern Yemen, under Houthi control.
The first instalment of $20,000 was paid several months ago, but due to the lack of a positive response, the second instalment was delayed.
Negotiations with the family of Talal Abdo Mehdi, the victim, and their tribal leaders came to an abrupt halt in September.
Lebanon's health ministry said that the strike killed 55 people, including seven children.
Nimisha Priya, a native of Palakkad, was sentenced to death in 2017 for the murder of Yemeni national Talal Abdo Mehdi.
The latest escalation comes a day after it hit Houthi targets Hodeidah port.
The Palakkad native was sentenced to death for the murder of Yemeni national Tala Abdo Mahdi in 2017.
The Save Nimisha Priya International Action Council needs to raise approximately $40,000 (around Rs 33.40 lakh) to begin negotiations with the family of the victim and their tribal leaders.
US Central Command confirmed that Iran-backed Houthis launched three anti-ship ballistic missiles into the Red Sea from Yemen.
Nimisha Priya was sentenced to death in a case related to the murder of a Yemeni man on July 25, 2017.
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