It’s been a busy day in India’s business and startup ecosystem. From big-ticket funding rounds powering jewellery, EVs, and impact funds, to regulatory shake-ups forcing gaming giants to pause real-money operations, 22nd August 2025 has brought a mix of growth stories and major policy-driven shifts. Here’s a quick look at the key funding updates and business highlights you need to know today.
Daily Indian Funding Roundup – 22nd August 2025
| Date | Company / Entity | Amount | Round / Type | Investors / Participants | Sector |
|---|---|---|---|---|---|
| 22 Aug 2025 | Goldiam International (ORIGEM) | ₹202 crore | QIP | Morgan Stanley Asia (Singapore): ₹26.3 crore; Saint Capital Fund: ~40% of QIP; LC Pharos Multi-Strategy Fund; Nova Global Opportunities Fund; others | Jewellery (Lab-grown diamonds) |
| 22 Aug 2025 | Vertelo (Macquarie Asset Management platform) | $405 million | Platform | Green Climate Fund (concessional $200 m); Macquarie Green Energy Transition Solutions Fund; AllianzGI; Australian Ethical | EV fleet / Energy transition |
| 22 Aug 2025 | Aavishkaar Capital – Global Supply Chain Support Fund | $40 million | LP Commitment | Japan International Cooperation Agency (JICA); set up in partnership with KfW | Impact / Supply Chain |
Goldiam International – INR 202 crore QIP for ORIGEM
Goldiam International, the Mumbai-based diamond jewellery exporter, raised INR 202 crore through a Qualified Institutional Placement (QIP), advised by Monarch Networth Capital. The placement saw participation from Morgan Stanley Asia (Singapore), Saint Capital Fund (allocated nearly 40% of the issue), LC Pharos Multi-Strategy Fund, Nova Global Opportunities Fund, among others.
Vertelo (Macquarie Asset Management) – $405 million platform funding
Macquarie Asset Management closed a $405 million funding round for Vertelo: $200 million in concessional capital from the Green Climate Fund (GCF), and $205 million from institutional investors, notably the Macquarie Green Energy Transition Solutions Fund, Allianz Global Investors, and Australian Ethical.
Aavishkaar Capital – Global Supply Chain Support Fund – $40 million LP commitment
The Japan International Cooperation Agency (JICA) committed $40 million to Aavishkaar Capital’s Global Supply Chain Support Fund, established alongside KfW, to support SMEs in Asia and Africa.
Key Business News Highlights for 22nd August 2025
OpenAI to Open First Office in New Delhi
OpenAI has announced plans to establish its first office in India, located in New Delhi, later this year. The company has already registered legally in India and begun hiring for a local team. The move underscores India’s significance as OpenAI’s second-largest market by user base. Additionally, Serbia recently launched its most affordable ChatGPT subscription in India at US$4.60 per month. CEO Sam Altman has said the initiative aims to make AI more accessible and bolster local collaboration.
Real-Money Gaming Platforms Suspend Operations After New Law
Following the passage of the Promotion and Regulation of Online Gaming Bill 2025, now awaiting presidential assent, major gaming companies have suspended their real-money offerings. Platforms including Dream11 (Dream Sports), PokerBaazi (Nazara-backed), MPL (Mobile Premier League), Zupee, Gameskraft, WinZO, and others have halted real-money games in compliance with the ban. They are shifting focus to free-to-play and e-sports formats and consulting legal experts on the way ahead.
Ola Electric Shareholders Approve IPO Fund Reallocation
Ola Electric received shareholder approval to modify the use of IPO proceeds and extend the deployment timeline. Originally earmarked for setting up cell manufacturing and EV projects, the updated plan allows greater flexibility in allocation amid evolving market and regulatory conditions.
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