India’s startup ecosystem witnessed a dynamic day of funding activity on 7th October 2025, with emerging ventures across clean energy, AI, healthcare, and EV marketplaces securing early and growth-stage investments. From Intangles’ $30 million Series B round led by Avataar Venture Partners to Wakefit’s SEBI approval for its INR 468 crore IPO, the day reflected strong investor confidence and expanding innovation across sectors.
Daily Indian Funding Roundup – 7th October 2025
| Company | Amount | Round | Lead investor(s) | Sector |
|---|---|---|---|---|
| TrusTerra | INR 9 Crore | Pre-seed | Finvolve, India Accelerator | EV / Used-electric-vehicle marketplace |
| The Medical Travel Company | $4.5M | Seed | Nexus Venture Partners | Medical travel / Healthcare logistics |
| Contrails AI | $1M | Pre-seed | Huddle Ventures, IAN Group | Trust & safety / Content moderation AI |
| Intangles | $30M | Series B | Avataar Venture Partners, Baring Private Equity India | Automotive / Predictive AI |
| Zillout | INR 2.75 Crore | Seed | Not specified | Tech / Startup |
| Thrustworks/Dynetics | Not disclosed | Seed | Jamwant Ventures | Tech / Engineering |
| Lucio | $5M | Seed / Early stage | DeVC | Legal tech / Automation for law firms |
| August AI | $3M | Seed | Accel, Claypond Capital | Healthtech / AI-driven healthcare |
| Newtral | $600,000 | Seed / Early stage | NOW Accelerate | Climatetech / Sustainability platform |
| H2 Carbon Zero | $850K | Seed | Venture Catalysts, Faad Networks | Clean energy / Hydrogen fuel cells |
TrusTerra Raises INR 9 Crore in Pre‑seed Round
TrusTerra, an AI-driven marketplace for used electric vehicles (EVs), has secured INR 9 Crore in a Pre‑seed funding round co‑led by Finvolve and India Accelerator, with co-investments from strategic angel investors. The startup aims to address trust issues in the EV resale market by providing battery health metrics through its proprietary TruEV Score™. The funding will be used to expand its marketplace across Tier‑1 and Tier‑2 cities, strengthen partnerships with OEMs, banks, and NBFCs, and hire senior talent in technology, operations, and business development.
Dineout Founders Secure $4.5 Million for Their Medical Travel Startup
The founders of Dineout, Ankit Mehrotra and Sahil Jain, have raised $4.5 million for their new venture, The Medical Travel Company, aimed at facilitating cross-border medical travel. The platform connects patients with hospitals abroad, simplifies documentation, manages travel logistics, and provides access to affordable, high-quality healthcare. Led by Nexus Venture Partners, this funding will help the startup scale its operations, expand partnerships with hospitals internationally, and develop technology solutions for smooth coordination of medical tourism.
Contrails AI Raises $1 Million in Pre‑seed Round from Huddle Ventures and IAN Group
Contrails AI, a trust and safety technology startup, has raised $1 million in a pre-seed round co-led by Huddle Ventures and IAN Group. The startup builds AI-driven tools to identify and mitigate online content risks across marketplaces, media platforms, and financial services. Funds from this round will support the expansion of US and EU pilots, enhancement of AI models, and onboarding of new clients.
Intangles Raises $30 Million in Series B Round Led by Avataar Venture Partners
Intangles, a predictive AI startup for the automotive sector, has raised $30 million in a Series B round led by Avataar Venture Partners, with participation from Baring Private Equity India and Cactus Partners. Intangles provides physics-enabled AI models that monitor vehicles in real-time, predicting maintenance needs and preventing breakdowns. The funding will be used to expand technology capabilities, grow into new geographies, and strengthen its AI-driven predictive maintenance platform.
Zillout Raises Seed Funding Round
Zillout, a tech startup has successfully raised a seed funding round to accelerate its growth. While the funding amount and investor details were not disclosed, the capital is expected to support product development, expand the team, and increase market presence. The startup aims to create a more efficient, user-friendly, or sustainable experience in its sector.
Thrustworks/Dynetics Raises Seed Round Led by Jamwant Ventures
Thrustworks/Dynetics, a startup, has raised a seed funding round led by Jamwant Ventures. The funding will enable the startup to accelerate product development, enhance R&D capabilities, and expand operations. While specific funding details remain undisclosed, this investment will support the team in building solutions that address pressing challenges, improving efficiency, scalability, or technological innovation.
Legal Tech Startup Lucio Raises $5 Million Led by DeVC
Lucio, a legal tech startup focused on automating and simplifying legal workflows for law firms and corporate clients, has raised $5 million in a funding round led by DeVC. The funding will be utilized to enhance its AI-driven platform, expand offerings to enterprise clients, and scale its team. Lucio aims to digitize the legal workflow, improve efficiency, reduce errors, and enable law firms to offer faster, more reliable services. This round highlights growing investor confidence in the potential of technology to transform the legal sector in India.
August AI Raises $3 Million from Accel and Claypond Capital
August AI, a healthtech platform leveraging artificial intelligence, has raised $3 million in a funding round led by Accel and Claypond Capital. The investment will fuel technology enhancements, scale platform offerings, and expand reach across hospitals and healthcare providers. August AI focuses on using AI-driven solutions for patient care, diagnostics, and hospital operations, aiming to improve clinical efficiency and outcomes. This round represents growing confidence in the role of AI in optimizing healthcare delivery.
Newtral Raises $600,000 to Scale Global Sustainability Platform
Newtral Technologies, a Bengaluru-based climate-tech startup addressing value-chain emissions, has secured a $600,000 investment from NOW Accelerate, the venture studio’s co-building program focused on sustainability and climate-tech. As part of this partnership, NOW will also step in as an institutional co-founder, embedding its venture-building resources and network to help Newtral expand globally, scale revenue, and build towards Series A readiness.
H2 Carbon Zero Raises $850K to Build Hydrogen Fuel Cell Factory
Clean energy startup H2 Carbon Zero has raised $850,000 in a seed funding round led by Venture Catalysts and Faad Networks. The startup aims to eliminate diesel generators by developing modular, stackable hydrogen fuel cells for telecom towers, data centers, and defense outposts. The funds will be used to set up India’s first gigawatt-scale hydrogen fuel cell factory, advance R&D, and accelerate commercialization. H2 Carbon Zero envisions a sustainable, low-emission alternative to conventional diesel power, supporting India’s green energy transition and reducing the carbon footprint of critical infrastructure.
Key Business News for 7th October 2025
Wakefit Gets SEBI Approval for INR 468 Crore IPO
Home and sleep solutions startup Wakefit has received SEBI approval for its INR 468 crore IPO, which includes a fresh issue and an Offer for Sale by existing investors. The funds will be used to open new stores, enhance marketing, and support general corporate growth. Investors like Peak XV Partners, Verlinvest, and Investcorp are expected to partially exit through the OFS. The move marks Wakefit’s next step in expanding its footprint in India’s fast-growing home and lifestyle market.
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