India’s startup and corporate ecosystem saw notable developments on 15th October 2025. Startups like RARA Barefoot, Everbright Health, Consuma, Fragaria Fruits, Flowatt Battery Science, and Matters.AI secured pre-seed and seed funding to expand operations and scale technology. On the corporate front, Amazon announced up to 15% HR layoffs, PhysicsWallah partnered with IDP Education India for global education support, and Rapido expanded its app to include travel bookings. These updates reflect India’s vibrant investment and business landscape.
Daily Indian Funding Roundup – 15th October 2025
| Company | Amount | Round | Lead investor(s) | Sector |
|---|---|---|---|---|
| RARA Barefoot | $500K | Pre-seed | Founders and senior operators from Zomato, Urban Company, Tata 1mg, Shyft, HexaHealth, ChrysCapital, and BCG | Footwear / D2C barefoot sneaker brand |
| Flowatt Battery Science | INR 2.2 Cr | Pre-seed | PedalStart | Deep tech / EV battery management & analytics |
| Everbright Health | $7 Mn | Seed | W Health Ventures and Sanos Capital | Health / tech-enabled mental health services |
| Consuma | $1.3 Mn | Seed | Equirus InnovateX Fund and several angel investors | AI / consumer insights / market analytics |
| Fragaria Fruits | $2 Mn | Seed | WEH Ventures, Rainmatter, Spiral Ventures, Sashi Kumar | Agritech / premium fruits / sustainable farming |
| Matters.AI | INR 55 Cr | Seed | Kalaari Capital, Endiya Partners, Better Capital, Carya Venture Partners, angel investors | AI / tech startup |
Footwear startup RARA Barefoot raises $500K in pre-seed round
Footwear startup RARA Barefoot has raised $500K in an oversubscribed pre-seed round led by founders and senior operators from Zomato, Urban Company, Tata 1mg, Shyft, HexaHealth, ChrysCapital, and BCG. The funding will help expand its D2C barefoot sneaker line, scale local manufacturing, and establish offline retail presence across India.
Flowatt raises INR 2.2 Cr in pre-seed round led by PedalStart
Bengaluru-based deep-tech startup Flowatt Battery Science raised INR 2.2 Cr in a pre-seed funding round led by PedalStart. The company develops advanced battery management systems, IoT-enabled analytics, and pay-per-use battery models for electric vehicle fleets. The funds will be used to optimize technology and expand operations.
Everbright Health raises $7 Mn in seed round
Everbright Health, a tech-enabled platform supporting mental health providers, has raised $7 Mn in a seed round from W Health Ventures and Sanos Capital. The company provides infrastructure, operations, compliance, and billing support for therapists and aims to expand its services to new markets.
Consuma raises $1.3 Mn in seed funding
AI startup Consuma has raised $1.3 Mn in a seed round led by Equirus InnovateX Fund along with several angel investors. The company uses AI to analyze consumer digital behavior, replacing traditional survey-based market research. The funds will be used to strengthen technology and expand globally.
Fragaria Fruits secures $2 Mn in seed funding
Agritech startup Fragaria Fruits has secured $2 Mn in seed funding led by WEH Ventures, with participation from Rainmatter, Spiral Ventures, and angel investor Sashi Kumar. The startup focuses on premium berries and aims to provide sustainable, year-round fruit production across India.
Matters.AI secures INR 55 Cr in seed funding
AI startup Matters.AI has raised INR 55 Cr in a seed funding round co-led by Kalaari Capital and Endiya Partners, with participation from Better Capital, Carya Venture Partners, and cybersecurity-focused angels. The funding will accelerate product development and help scale its AI-driven solutions.
Key Business News for 15th October 2025
Amazon to Slash Up to 15% of HR Staff in Major Layoff Plan
Amazon is planning to lay off up to 15% of its human resources department, known internally as the People eXperience and Technology (PXT) team. This move is part of a broader restructuring to streamline operations and enhance efficiency through AI-driven processes. The company is investing over $100 billion this year in AI infrastructure and next-generation data centers to support internal and client-facing services. While the PXT team is expected to be the most affected, other areas of Amazon’s consumer business may also experience cuts.
Alakh Pandey’s PhysicsWallah and IDP Sign MoU to Support Students’ Global Education Aspirations with IELTS
PhysicsWallah (PW), the education platform founded by Alakh Pandey and Prateek Maheshwari, has signed a Memorandum of Understanding (MoU) with IDP Education India, co-owner of IELTS and India’s sole provider of the test. This collaboration aims to provide comprehensive guidance and assistance to students aspiring to pursue higher education in international universities and to aid them in their preparation for the GRE and TOEFL exams.
Rapido Expands App Services to Include Flight, Hotel, Bus, and Train Bookings via Partner Integrations
Rapido has expanded its app services to include flight, hotel, bus, and train bookings through partnerships with Goibibo (owned by MakeMyTrip), ConfirmTkt (owned by ixigo), and redBus. This move aims to transform Rapido into a one-stop travel and mobility platform for its 5 crore active users across more than 400 cities in India. The company is also diversifying its services to include car rides, taxis, and food delivery through its Ownly platform.
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