India’s startup ecosystem saw notable activity on 8th October 2025, with funding in logistics tech, FMCG, clean tech, healthtech, and e-mobility. Key rounds included Stackbox raising $2.63 million, Meolaa securing $6 million, and Membrane Group obtaining $50 million. In corporate news, TCS canceled its Q2 FY26 press conference to honor Ratan Tata, while Amazon Pay India reported a slight revenue decline but reduced losses.
Daily Indian Funding Roundup – 8th October 2025
| Company | Amount | Round | Lead investor(s) | Sector |
|---|---|---|---|---|
| Stackbox | $2.63 Mn | Series A | Enrission India Capital; White Whale Ventures | Logistics tech / SaaS |
| Meolaa | $6 Mn | Pre-Series A | General Catalyst | FMCG / Direct-to-consumer |
| Theia Ventures | $15 Mn | Maiden fund first close | Theia Ventures | Venture capital / Early-stage fund |
| Jaagruk Bharat | INR 1.5 Cr | Pre-seed | AJVC | Healthtech / Social impact |
| Membrane Group | $50 M | Commitment funding | GEF Capital | Clean technology / Membrane solutions |
| BattWheelz | INR 2 Cr | Early-stage | Finvolve | E-mobility / EV-as-a-service |
Stackbox to raise $2.63 Mn in Series A to expand logistics SaaS
Bengaluru-based logistics technology startup Stackbox is raising $2.63 million in its Series A round led by Enrission India Capital and White Whale Ventures. The funds will accelerate the expansion of its cloud-based SaaS solutions for supply chain automation, distribution optimization, and inventory management, enabling efficient logistics for FMCG, retail, and e-commerce companies.
Meolaa raises $6 Mn to scale FMCG direct-to-consumer operations
FMCG startup Meolaa has raised $6 million in a pre-Series A round led by General Catalyst. The funding will be utilized to expand its homegrown consumer products portfolio, strengthen supply chain capabilities, scale D2C operations, and enhance its brand presence across India, providing customers with high-quality, affordable FMCG products efficiently.
Theia Ventures announces $15 Mn maiden fund first close
Venture capital firm Theia Ventures has announced the first close of its maiden fund at $15 million. The fund aims to provide early-stage Indian startups with strategic capital, mentorship, and market guidance across sectors including technology, healthcare, and consumer services, helping entrepreneurs scale operations, attract talent, and achieve long-term sustainable growth.
Jaagruk Bharat raises INR 1.5 Cr pre-seed round led by AJVC
Healthtech startup Jaagruk Bharat has secured INR 1.5 Cr in a pre-seed round led by AJVC. The funding will help the company expand its digital health awareness initiatives, improve healthcare accessibility through technology, scale preventive care solutions, and create a stronger impact on public health awareness, particularly in underserved communities across India.
Membrane Group secures $50 M commitment from GEF Capital
Membrane Group has raised $50 million in a commitment funding round led by GEF Capital. The capital will support the company in scaling its membrane-based clean technology solutions, targeting industrial wastewater treatment, water purification, and sustainable resource management projects. The funding aims to drive innovation and sustainable water management practices globally.
BattWheelz raises INR 2 Cr to expand EV logistics operations
EMAAS provider BattWheelz has raised INR 2 Cr at a valuation of INR 60 Cr. The startup plans to expand its fully electric fleet across Bengaluru, Chennai, and Pune, focusing on sustainable last-mile delivery solutions. The funding will enhance fleet operations, strengthen technology-driven logistics management, and accelerate adoption of e-mobility in urban supply chains.
Key Business News for 8th October 2025
TCS Cancels Q2 FY26 Press Conference on Ratan Tata’s Death Anniversary
Tata Consultancy Services (TCS) has canceled its scheduled press conference for the second-quarter FY26 earnings, which was set for October 9, 2025. The decision was made to honor the memory of Ratan Tata, whose death anniversary coincides with the event. However, the earnings call for analysts will proceed as planned. This marks the second consecutive year TCS has adjusted its earnings schedule in remembrance of Ratan Tata.
Amazon Pay India Reports Flat Growth in FY25
Amazon Pay India, the digital payments arm of Amazon, experienced a 9% decline in its standalone operational revenue for the fiscal year 2025, amounting to INR 2,096 crore. Despite the revenue drop, the company managed to reduce its losses to INR 865 crore, a slight improvement from the INR 911 crore loss recorded in the previous year. The company’s return on capital employed (ROCE) and EBITDA margin stood at -39.58% and -45.40%, respectively.

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