Daily Indian Funding Roundup & Key News – 13 August 2025: Arintra Raises $21M, Zepto Secures ₹400Cr, Olee Space Bags $3M & More

The Indian startup ecosystem saw a wave of funding activity and major business developments on 13 August 2025. From early-stage startups securing crucial investments to established players filing for IPOs and announcing strategic acquisitions, the day reflected strong investor interest and market momentum across diverse sectors. Here’s your roundup for the top funding deals and key business highlights in India today.

Daily Indian Funding Roundup – 13 August 2025

Company Round Amount Lead Investor(s)
Olee Space Pre-Series A $3 million Rockstud Capital (+ global investors)
Cureous Labs Seed ₹1.66 crore Inflection Point Ventures (IPV)
ZenZebra Pre-seed Undisclosed Rukam Capital
Arintra Series A $21 million Peak XV Partners
Zepto Growth equity ₹400 crore Motilal Oswal Financial Services
Comminent Seed (Deep-tech) $2 million Transition VC
Aragen Life Growth / Expansion ₹300 crore Avendus Future Leaders Fund III + SBI Life Insurance

Olee Space Raised $3 Million in Pre-Series A

Ahmedabad-based clean-tech and defence-tech startup Olee Space has raised $3 million in a Pre-Series A round led by Rockstud Capital, with participation from global investors. The company develops laser-based quantum communication systems for defence and space applications. Funds will be used to scale manufacturing, strengthen R&D, and accelerate domestic and international market expansion.

Cureous Labs Raised INR 1.66 Crore in Seed Round

Bengaluru-based wellness-tech startup Cureous Labs has secured INR 1.66 crore in a seed round led by Inflection Point Ventures (IPV), with participation from Anthill Ventures. The startup focuses on developing scientifically backed, personalised nutraceutical products. The fresh capital will go towards clinical trials, product development, and expanding distribution channels.

ZenZebra Raised Undisclosed Amount in Pre-Seed Round

ZenZebra, a Pune-based retail-tech venture, has raised an undisclosed amount in its pre-seed round led by Rukam Capital. The company is building a platform that blends physical and digital (“phygital”) retail experiences, aiming to help brands optimise inventory management and consumer engagement. Funds will be allocated to technology development and early market entry.

Arintra Raised $21 Million in Series A

US- and India-based health-tech startup Arintra has raised $21 million in a Series A funding round led by Peak XV Partners, with participation from Endeavor Health Ventures, Y Combinator, Counterpart Ventures, Spider Capital, and Ten13. Arintra uses generative AI to automate medical coding, claims denial management, and clinical documentation improvement. The funding will help expand its product suite and strengthen its footprint in the US healthcare market.

Zepto Raised INR 400 Crore in Growth Equity Round

Quick-commerce platform Zepto has secured INR 400 crore from Motilal Oswal Financial Services through a preferential share allotment. The funds will be used to enhance its fulfilment infrastructure, strengthen last-mile delivery, and support market share expansion in the competitive quick-commerce segment.

Comminent Raised $2 Million in Seed Round

Pune-based deep-tech startup Comminent has raised $2 million in a seed round led by Transition VC. The company develops IoT solutions for smart metering and industrial automation, supporting India’s nationwide smart meter rollout. Funds will be directed towards R&D, expanding manufacturing capabilities, and executing large-scale pilot deployments.

Aragen Life Raised INR 300 Crore in Growth Round

Global contract research and development organisation (CRDO) Aragen Life has secured INR 300 crore in a growth round co-led by Avendus Future Leaders Fund III and SBI Life Insurance, each contributing INR 150 crore. The capital will help expand R&D infrastructure, invest in advanced drug discovery platforms, and accelerate growth in global pharmaceutical markets.

Key News Highlights from 13 August 2025

StampMyVisa Acquires Kunal Shah–Backed Teleport

StampMyVisa, a B2B AI-driven visa platform, has acquired Teleport, a travel-tech startup backed by prominent founders—Kunal Shah (CRED), Vidit Aatrey (Meesho), and Phanindra Sama (RedBus). The aim is to combine Teleport’s digital-first services for young travellers with StampMyVisa’s robust visa-processing infrastructure to expand across India and Southeast Asia. Financial terms were undisclosed; Teleport is reportedly seeking $3 million to further its next growth phase.

Fractal Analytics Files DRHP for INR 4,900 Crore IPO

Fractal Analytics, India’s first AI unicorn, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an anticipated INR 4,900 crore Initial Public Offering. The issue comprises an INR 1,279.3 crore fresh equity raise and an INR 3,620.7 crore offer-for-sale via private stakeholders, including Apax Partners and TPG Fett Holdings. The filing projects a December 2025 listing on both NSE and BSE with a likely valuation of over $3.5 billion. Market-leading banks like Kotak Mahindra Capital, Morgan Stanley, Axis Capital, and Goldman Sachs are headlining the book-running management.

FirstCry Parent (BrainBees) Reports Q1 FY26: INR 1,862.6 Crore Revenue

BrainBees Solutions, the listed parent company of FirstCry, posted a 13 % YoY increase in Q1 FY26 revenue to INR 1,862.6 crore, supported by both online and offline sales. Adjusted EBITDA reached INR 75 crore, and net losses narrowed by 13 % to INR 66.5 crore. Repeat customer sales surged 77.6 %, interest income boosted total revenue to INR 1,911 crore, and procurement costs remained stable at 58 % of revenue.


Daily Indian Funding Roundup and Key News: 12 August 2025
India’s startup and business ecosystem saw a flurry of activity on 12 August 2025, with multiple funding rounds across sectors. Here’s your quick roundup for the top funding deals and key business highlights in India today.


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