India’s startup and business ecosystem remained dynamic on August 6, 2025. Gaming startup SuperGaming raised $15 million in a Series A round led by Skycatcher and Steadview Capital, while The Sleep Company secured INR 480 crore in a mix of primary and secondary funding. In broader news, Antfin fully exited Paytm by selling its remaining INR 3,980 crore stake, and MSRTC announced the launch of its own ride-hailing app, Chhava. Here’s your quick roundup of today’s top funding deals and key business news.
Daily Indian Funding Roundup – 6 August 2025
| Company | Round / Stage | Amount Raised | Lead Investor(s) |
|---|---|---|---|
| HYLENR | Pre‑Series A | US $3.0 million | Valour Capital, Chhattisgarh Investments |
| SuperGaming | Series B | US $15 million | Skycatcher, Steadview Capital |
| The Sleep Company | Series D | ₹480 crore | ChrysCapital, 360 ONE Asset |
| DPDzero | Series A | US $7.0 million | GMO Venture Partners, SMBC Asia, Blume Ventures |
| Zype | – | ₹90 crore | Unleash Capital Partners, Xponentia Capital |
| EON Space Labs | Pre‑Series A | US $1.2 million | MGF Kavachh, HHV Advanced Technologies |
| CodeKarma | Pre‑seed | US $2.5 million | Prosus, Accel, Xeed Ventures |
| Cautio | Seed | US $3.0 million | Amal Parikh, 8i Ventures, others |
| Gladful | – | ₹8 crore | Eternal Capital |
| House of Biryan | Strategic investment | Not disclosed | MS Dhoni (cricket icon & entrepreneur) |
HYLENR raised $3 million
Clean energy startup HYLENR, based in Hyderabad, secured $3 million in a Pre-Series A round. The investment was led by Valour Capital and Chhattisgarh Investments Limited, with participation from angel investors Karthik Sundar Iyer and Anant Sarda. The startup develops Low Energy Nuclear Reaction (LENR) systems and aims to transition from lab-scale research to commercial deployment.
SuperGaming raised $15 million
Pune-based gaming company SuperGaming raised $15 million in a Series B funding round led by Skycatcher and Steadview Capital. Other participants include a16z Speedrun, Bandai Namco 021 Fund, Polygon Ventures, and Neowiz. SuperGaming is expanding globally with its battle royale game “Indus” and now holds a valuation close to $100 million.
The Sleep Company raised INR 480 crore
Comfort-tech brand The Sleep Company raised INR 480 crore in its Series D round. The funding was led by ChrysCapital and 360 ONE Asset, with partial secondary exits by Fireside Ventures. The startup plans to expand its offline presence, scale manufacturing, and invest further in its proprietary SmartGRID® technology.
DPDzero raised $7 million
Debt recovery automation startup DPDzero secured $7 million in a Series A round led by GMO Venture Partners. SMBC Asia Rising Fund and Blume Ventures also participated. The fintech platform leverages AI to improve collections for lenders and will now launch its own field collection agents across major Indian cities.
Zype raised INR 90 crore
Mumbai-based fintech platform Zype raised INR 90 crore in an equity funding round. The round was led by Unleash Capital Partners, with participation from existing backer Xponentia Capital. Zype offers digital credit services and will use the capital to strengthen its lending platform and customer acquisition efforts.
EON Space Labs raised $1.2 million
Hyderabad-based EON Space Labs raised $1.2 million in Pre-Series A funding led by MGF Kavachh and HHV Advanced Technologies. The startup, incubated at T-Hub and IIT Madras, is building MIRA, India’s lightest high-resolution space telescope, and other surveillance imaging systems. The funds will support production and launch efforts.
CodeKarma raised $2.5 million
Developer productivity startup CodeKarma raised $2.5 million in a pre-seed round co-led by Prosus, Accel, and Xeed Ventures. The startup is developing AI-driven tools to optimise software development processes for enterprises by reducing redundant code and creating real-time feedback loops.
Cautio raised $3 million
AI-powered fleet safety startup Cautio raised $3 million in a seed round led by investor Amal Parikh, with participation from 8i Ventures, AU Small Finance Bank, and other angels. Cautio offers AI dashcams and analytics for logistics companies, focusing on reducing road risks and improving fleet compliance.
Gladful raised INR 8 crore
Nutrition startup Gladful secured INR 8 crore in a fresh funding round led by Eternal Capital, the investment arm of former BharatPe COO Dhruv Dhanraj Bahl. The brand creates protein-rich snacks and food products for children and plans to grow its D2C offerings and product portfolio with this funding.
House of Biryan received strategic investment
Cloud kitchen brand House of Biryan received a strategic investment from cricketer and entrepreneur MS Dhoni. Founded in 2022, the startup operates over 20 kitchens in India and Dubai. With Dhoni’s support, it aims to expand to 150 outlets globally and achieve a revenue run-rate of INR 450–550 crore in the next three years.
Key News Highlights for 6 August 2025
Ant Financial fully exits Paytm for INR 3,980 crore
Ant Financial (Antfin Netherlands Holding B.V.), affiliated with Jack Ma’s Alibaba Group, sold its entire 5.84% stake in Paytm’s parent, One97 Communications, through two block deals executed on 5 August, totalling approximately INR 3,980 crore. Buyers included global institutions such as Société Générale and MY Asian Opportunities Master Fund; the shares were transacted at around INR 1,067.5 per share. This completes Ant’s phased divestment from Paytm over the past two years.
Z47 and Tiger Global trim holdings in Ola Electric
Early investors Z47 (formerly Matrix Partners India) and Tiger Global Management reduced their equity in Ola Electric during Q1 FY26 (April–June 2025). Z47 sold about 0.81%, trimming its stake to 1.93%, realising between INR 147–192 crore; Tiger Global reduced its holding by ~0.21% to 3.24%, netting roughly INR 39–48 crore. This follows Hyundai and Kia’s earlier exits and forms part of broader secondary share sales by Z47 across its portfolio.
MSRTC to launch “Chhava Ride” app in Maharashtra
The Maharashtra State Road Transport Corporation (MSRTC) is set to launch Chhava Ride, an official government‑run ride aggregator app. Approved in a meeting held on 5 August, the app will integrate multiple transport modes—buses, taxis, auto‑rickshaws and e‑buses—under one platform, as permitted under central and state aggregator guidelines. MSRTC chairman Pratap Sarnaik emphasised that Chhava Ride aims to ensure reliable service for passengers, fair earnings for drivers, and new revenue streams for the state transport body.
Rupee recovers slightly ahead of RBI rate decision amid U.S. tariff threats
The Indian rupee edged up to INR 87.74 per US dollar on 6 August, recovering from around INR 87.80. This comes as investors awaited the Reserve Bank of India’s policy decision and weighed the impact of fresh U.S. tariff threats, including a 25% levy on Indian exports. Weak U.S. jobs data and falling Treasury yields helped boost sentiment. Markets widely expect the RBI to hold the repo rate at 5.50%, as confirmed later that day, with rates maintained amid concerns over global trade risks. The RBI also retained its GDP growth forecast at 6.5% but flagged elevated uncertainty due to the tariffs.
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