Daily Indian Funding Roundup & Key News – 4th September 2025: FirstClub Raises $23M, Colive Secures $20M, Amazon Completes Axio Acquisition & More

The Indian startup ecosystem on 4th September 2025 saw a diverse mix of venture funding, strategic acquisitions, and regulatory updates. From FirstClub’s $23 million Series A round to Colive’s $20 million infusion led by Bain Capital, investors continued backing high-growth sectors across lifestyle, healthtech, and cleantech. Meanwhile, Amazon finalized its acquisition of fintech lender Axio, the GST Council retained a 5% GST on EVs, and Instagram launched its long-awaited iPad app—signaling key shifts in India’s business and consumer landscape.

Daily Indian Funding Roundup – 4th September 2025

Company Amount Round Lead investor(s) Sector
FirstClub $23 Mn Series A Not disclosed (valuation $120 Mn) D2C / Lifestyle
Colive $20 Mn Funding Bain Capital Co-living / Real Estate
AutoDukan $1 Mn Pre-Series A Not disclosed Auto aftermarket / E-commerce
House of Zelena ₹7 Cr Seed Not disclosed D2C / Sustainable Fashion
FlexifyMe ₹20 Cr Pre-Series A IvyCap Ventures Healthtech / Physiotherapy AI
RxMen ₹5 Cr Seed Inflection Point Ventures (IPV) Men’s Health / Wellness
Quante Energy $500K Funding TDV Partners + Angel investors Cleantech / Solar Energy
Reveal HealthTech $72 Mn Funding Not disclosed Healthtech / AI in Healthcare

FirstClub raised $23 million in Series A

FirstClub secured $23 million in a Series A round at a valuation of $120 million. The funding will help strengthen its D2C lifestyle platform, expand offerings, and accelerate growth in India’s rapidly evolving consumer market.

Colive raised $20 million led by Bain Capital

Co-living platform Colive has raised $20 million in a funding round led by Bain Capital. The fresh capital will be used to expand operations, improve technology infrastructure, and strengthen its position in India’s shared living ecosystem.

AutoDukan raised $1 million in Pre-Series A

Automobile aftermarket startup AutoDukan has raised $1 million in a Pre-Series A round. The funds will support product development, supply chain enhancement, and market expansion in the fast-growing automotive e-commerce sector.

House of Zelena raised ₹7 crore in Seed round

Sustainable fashion brand House of Zelena has secured ₹7 crore in its seed funding round. The investment will be utilized to scale operations, enhance product innovation, and expand its eco-conscious apparel line.

FlexifyMe raised ₹20 crore in Pre-Series A led by IvyCap Ventures

Healthtech startup FlexifyMe, which focuses on AI-driven physiotherapy and musculoskeletal health, has raised ₹20 crore in a Pre-Series A round led by IvyCap Ventures. The funding will fuel product innovation and geographic expansion.

RxMen raised ₹5 crore in Seed round led by IPV

Men’s health startup RxMen has raised ₹5 crore in a seed funding round led by Inflection Point Ventures (IPV). The company aims to use the funds to expand its wellness solutions and strengthen its digital health platform.

Quante Energy raised $500,000 in funding

Clean energy startup Quante Energy has raised $500,000 in funding from TDV Partners and marquee angel investors. The company plans to use the funds to democratize solar energy access and scale its renewable solutions.

Reveal HealthTech raised $72 million in funding

AI-driven healthcare platform Reveal HealthTech has raised $72 million in funding. The investment will power the company’s mission to revolutionize healthcare delivery by leveraging AI, data, and next-gen digital solutions.

Key Business News for 4th September 2025

Amazon completes acquisition of Axio

Amazon has finalized the acquisition of Bengaluru-based fintech lender Axio, gaining direct access to India’s digital lending ecosystem. With approval from the Reserve Bank of India, the deal enables Amazon to introduce credit products—such as loans at checkout—across its platform and beyond, leveraging Axio’s NBFC licence and a ₹22 billion loan book as of June 2025.

GST Council retains 5% tax slab for electric vehicles

In a bid to boost EV adoption, the GST Council has retained a flat 5% GST rate on all electric vehicles, from two-wheelers to luxury SUVs. Industry leaders say the policy preserves affordability and strengthens India’s EV ecosystem.

Head Digital Works lays off around 500 employees

Head Digital Works, the parent company of gaming platforms like A23 Rummy, has cut approximately 500 jobs, amounting to about two-thirds of its workforce. The layoffs come in the wake of regulatory headwinds tied to real-money gaming restrictions.

Instagram launches long-awaited iPad app

After more than fifteen years, Instagram has finally rolled out its first-ever iPad app, optimized for larger screens and focusing on Reels on launch. The update includes a “Following” tab, improved layouts, and enhanced navigation features for a tablet-friendly experience.

UPI transaction limit raised to ₹10 lakh per day (select payments)

The UPI daily transaction limit has been increased to ₹10 lakh for select payment categories, according to recent updates. However, for standard peer-to-peer transactions, the limit remains at ₹1 lakh per day, as per NPCI guidelines.


Daily Indian Funding Roundup & Key News – 3rd September 2025
The Indian startup ecosystem witnessed a mix of sizable venture funding and strategic growth moves. Here’s your quick roundup for top funding deals and key business news in India.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *