Tag: Indian Funding Roundup

India’s startup and business ecosystem continued to witness strong momentum on 29th August 2025, with fresh funding activity and major strategic moves shaping the landscape. From mobility and AI to late-stage venture funding, the day was marked by significant developments. While Vutto secured a $7 million Series A to strengthen its used two-wheeler marketplace, Elevation Capital unveiled a massive $400 million fund for IPO-bound startups. Meanwhile, Reliance joined forces with Google and Meta to foray deeper into AI, and Uniphore expanded its global AI automation capabilities through acquisitions.

Daily Indian Funding Roundup – 29th August 2025

Key Business News for 29th August 2025

Vutto raised $7 million in Series A

Vutto, a used two-wheeler marketplace, has raised $7 million in a Series A round led by Orios Venture Partners, with participation from Touchstone Partners, Alteria Capital, and Trifecta Capital. The funds will be used to expand its presence in existing cities, enhance technology offerings, and streamline financing options for buyers and sellers.

Elevation Capital Launches $400 Mn Late-Stage Fund for IPO-Bound Startups

Elevation Capital has announced the launch of a $400 million late-stage fund focused on investing in IPO-ready startups. With this fund, the venture capital firm aims to support high-growth companies preparing for public listings by providing capital to strengthen operations, scale aggressively, and enhance governance.

Reliance Launches AI Unit with Google and Meta as Partners

Reliance has launched a new artificial intelligence unit, bringing in Google and Meta as strategic partners. The initiative is aimed at developing AI-powered products and services for Indian users while also strengthening Reliance’s position in the fast-growing AI ecosystem. The move underscores Reliance’s ambition to dominate the digital and technology space in India.

Uniphore Acquires Orby AI and Autonom8

Uniphore, the conversational AI unicorn, has acquired Orby AI and Autonom8 to strengthen its AI automation and customer experience solutions. The acquisitions are expected to enhance Uniphore’s capabilities in intelligent automation, workflow orchestration, and enterprise AI adoption, enabling the company to serve global clients more efficiently.

Daily Indian Funding Roundup and Key News: 28 August 2025

From banking infrastructure and microfinance to pet care and gaming, startups secured fresh capital to scale operations and deepen market penetration. Here’s your quick roundup for top funding deals and key business news in India on date.

StartupTalkyStartupTalky News

On 25 August 2025, India’s startup and business ecosystem witnessed a flurry of activity across funding, IPO filings, and strategic expansions. From space-tech innovations to fintech, B2B SaaS, and molecular diagnostics, startups raised significant capital to scale operations, while established companies like OYO and Molbio Diagnostics took steps towards public listings. So, here’s your quick roundup for the key funding updates and business highlights in India today.

Daily Indian Funding Roundup – 25th August 2025

Palmonas raised INR 55 crore in Series A

Palmonas, a demi-fine jewellery brand, has secured INR 55 crore in a Series A round led by Vertex Ventures SEA & India. Co-founded by Shraddha Kapoor, Amol Patwari, and Pallavi Mohadikar, the brand plans to open 100 new stores and pursue global expansion.

WizCommerce raised $8 million in Series A

WizCommerce, an AI-native platform for wholesale distribution, raised $8 million in a Series A round led by Peak XV Partners, with participation from Blume Ventures, Z47, and Alpha Wave Global. The platform already reports $100M+ GMV, supporting 700+ sales reps and 300K+ buyers. Funds will be used to deepen AI capabilities and expand in the US market.

CredRight raised $10 million in Series B

Hyderabad-based NBFC CredRight raised $10 million in a Series B round led by Abler Nordic, with continued backing from the Michael & Susan Dell Foundation and Unleash Capital. CredRight, which follows a phygital model through about 125 branches, serves more than 20,000 micro-enterprises. The fresh funds will help expand its loan book and technology.

Wastelink raised INR 27 crore in Series A

Wastelink, a cleantech startup transforming food loss into sustainable animal feed, has secured INR 27 crore ($3 million) in a Series A round led by Avaana Capital. Its proprietary product, ECOMIX™, standardises upcycled feed ingredients. The funding will aid in scaling operations and enhancing price stability for manufacturers and farmers.

Harajuku Tokyo Café raised $2 million in Seed

Delhi NCR-based Harajuku Tokyo Café raised $2 million (INR 19 crore, as stated by the company) in a Seed round, co-led by the Indian Angel Network (IAN), along with Samved VC and LetsVenture. Additionally, Capitar Ventures extended venture debt. The funds will support outlet expansion and brand growth in India’s quick-service restaurant (QSR) segment.

Altum Credo Home Finance raised INR 170 crore in equity

Altum Credo Home Finance, a Pune-based housing finance company, secured INR 170 crore ($19.5 million) from British International Investment (BII). The fresh capital will be used to strengthen its balance sheet and expand operations across existing geographies.

Kiwi raised $24 million in Series B

Kiwi, a Bengaluru-based fintech startup enabling RuPay credit cards on UPI, raised $24 million (INR 208 crore) in a Series B round. The round was led by Vertex Ventures SEA & India, with participation from Nexus, Stellaris, and Omidyar Network. Kiwi aims to issue 1 million credit cards by 2027.

Enmovil raised $6 million in Series A

Hyderabad-based Enmovil, an AI-native supply chain platform, raised $6 million in a Series A round led by Sorin Investments, with participation from Capria Ventures and Twynam. The startup works with clients in automotive, FMCG, energy, and telecom infrastructure sectors. Funds will be deployed to scale sales and advance AI capabilities.

Omspace Rocket & Exploration raised INR 25 crore in Pre-seed

Omspace Rocket & Exploration, a space-tech startup based in Ahmedabad, has raised INR 25 crore in a pre-seed round, facilitated by Bestvantage Investments and led by the family office of Dubai-based investor Mr Surya.

The funding will accelerate engine testing, sub-orbital rocket launches, reusability trials, and system integration. Omspace, supported by IN-SPACe and the ISRO startup ecosystem, aims to grow India’s share of the global small satellite launch market from 2% to 15% by 2035.

Key Business News for 25th August 2025

OYO to File DRHP in November, Aiming for $7-8 Billion IPO Valuation

OYO, the SoftBank-backed travel technology company, is reportedly preparing to file its Draft Red Herring Prospectus (DRHP) in November, targeting an IPO valuation of $7-8 billion (approx. INR 70 per share), equivalent to some 25–30× EBITDA. The company is said to be in advanced discussions with banks including Axis, Citi, Goldman Sachs, ICICI, JM Financial, and Jefferies (London). A spokesperson declined to comment on the timeline, saying the decision lies with OYO’s board.YourStory.com

Molbio Diagnostics Files DRHP for INR 200 Crore Fresh Issue IPO

Molbio Diagnostics Ltd., the Goa-based molecular diagnostics firm behind the WHO-endorsed Truenat platform, has filed a DRHP with SEBI. The IPO includes a fresh issue of INR 200 crore and an offer-for-sale (OFS) by existing stakeholders such as Exxora Trading LLP, Dr Chandrasekhar Bhaskaran Nair, V Sciences Investments, and India Business Excellence Fund III. The company reported INR 1,272.7 crore revenue and INR 311.7 crore profit in FY25. The listing will be managed by Kotak Mahindra Capital, IIFL Capital, Jefferies India, and Motilal Oswal, with KFin Technologies as registrar.

WinZO Forays into Micro-Dramas and Expands into the US

WinZO, the Indian social-gaming and entertainment platform, is pivoting following the Indian government’s ban on real-money gaming (RMG). It has launched WinZO TV, a micro-drama feature serving 1–2-minute serialised episodes, initially free, with later episodes priced at INR 2. The company has also debuted in the USA, marking its third international market after Brazil. With a user base of 250 million, WinZO is exploring subscription-led monetisation and digital content.

Indian Startup Funding Updates for 2025 (Updated Weekly)

Get weekly updates on Indian startup funding for 2025! StartupTalky is here to provide you with a clear and simple overview of the latest funding news.

StartupTalkyApoorva Bajj

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

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.

Daily Indian Funding Roundup and Key News: 21 August 2025

India’s startup and business ecosystem saw major developments on 21 August 2025, with fresh funding rounds. Here’s your quick roundup of the top funding deals and key business news in India today.

StartupTalkyStartupTalky News

India’s startup and business ecosystem saw major developments on 21 August 2025, with fresh funding rounds boosting growth-stage ventures, Parliament passing a landmark bill to regulate online gaming, bike-taxis making a comeback in Bengaluru, and more. Here’s your quick roundup of the top funding deals and key business news in India today.

Daily Indian Funding Roundup – 21st August 2025

Mitra raises INR 14 crore in a bridge round led by Bestvantage Investments

FMCG brand Mitra secured INR 14 crore in a bridge round led by Bestvantage Investments, with participation from existing backers, including Mr. Surya (Dubai-based family office). The company plans to expand production capacity, launch a 3,000-ton refined flour plant (maida) in October, enter millet and other health-oriented categories (e.g., gluten-free, sugar-free, diabetic-friendly flours, and organic spices), and strengthen distribution across India and GCC markets. The business is already EBITDA-positive and is preparing for a Series A in April 2026, targeting a valuation of INR 500 crore.

Edgehax secures INR 1.39 crore seed funding led by Inflection Point Ventures

Bengaluru-based Edgehax, an edge AI computing startup building modular single-board platforms that combine compute, connectivity and storage, raised INR 1.39 crore in a seed round led by Inflection Point Ventures (IPV). The funds will support scaling production, product development, and international expansion (Singapore, the US and Europe). Edgehax reports adoption among startups, OEMs and enterprises, and highlights wins such as the NXP Silicon Seeds Startup Programme 2025 with a planned product launch by December.

Key Business News for 21st August 2025

Parliament Clears the Promotion and Regulation of Online Gaming Bill, 2025

• The Rajya Sabha approved the Promotion and Regulation of Online Gaming Bill, 2025 via a voice vote today, following its passage in the Lok Sabha yesterday.
• The legislation aims to prohibit real-money online gaming, including both betting and other forms of monetary gaming, citing concerns over addiction, financial fraud, and societal harm.
• Key provisions include licensing and regulation of online gaming platforms, age restrictions, in-game purchase oversight, and recognition of esports and social/educational games, while establishing penalties including imprisonment (up to three years) and fines (up to ₹1 crore) for violations.
• The bill’s passage is expected to impact major fantasy gaming platforms such as Dream11 and Mobile Premier League, with concerns about job losses, app closures, and potential erosion of foreign investment.
• Legal scrutiny is already underway: a Mumbai-based technology-law lawyer, Jay Sayta, has written to President Droupadi Murmu, urging her to withhold assent and return the Bill to Parliament under Article 111 of the Constitution.

Uber and Rapido Resume Bike-Taxi Operations in Bengaluru

• Uber and Rapido have restarted bike-taxi services in Bengaluru after a two-month suspension, which began on 16 June due to a state-wide ban.
• The Karnataka High Court intervened, labelling the ban “arbitrary” and “unconstitutional”, and granted the state government a month’s window to form a proper policy framework, while implicitly allowing interim resumption of services.
• Despite the resumption, Transport Minister Ramalinga Reddy clarified the Court did not officially permit operations, indicating that legal clarity remains pending.

Commuters and local users have taken to platforms like Reddit, expressing excitement:

“RAPIDO BIKE TAXI IS BACK!!!!!! I’m one of the first customers, I guess?,” a Reddit user wrote.

TCS Layoffs Spark Worker Protests in Chennai

• The Union of IT & ITES Employees (UNITE) has held protests, including a demonstration in Chennai, alleging that up to 30,000–40,000 jobs could be lost at Tata Consultancy Services (TCS), with claims of replacing mid- and senior-level staff with fresh graduates at 80-85% lower pay.
• According to a statement by UNITE, TCS may have already laid off around 12,000 employees (mid-management and senior staff), and could extend this further.
• TCS refutes these claims, describing them as “incorrect and misleading”, and asserts that the reduction only affects approximately 2% of its global workforce, amounting to roughly 12,000 roles, as part of routine restructuring measures.

Daily Indian Funding Roundup & Key News – 20 August 2025

From Mithila Foods raising INR 1.5 crore to Kissht filing for an INR 1,000 crore IPO, here’s your quick roundup of the top funding deals and key business news in India for 20th August 2025.

StartupTalkyStartupTalky News

India’s startup ecosystem continues to witness strong investor interest, with fresh seed rounds announced across FMCG and biotech. Alongside funding activity, the broader business landscape saw major developments from a mutual fund deepening its stake in Paytm, to fintech lender Kissht filing for an INR 1,000 crore IPO, and Karnataka passing a landmark welfare bill for gig workers. Here’s your quick roundup of the top funding deals and key business news in India today.

Daily Indian Funding Roundup – 20 August 2025

Mithila Foods raises INR 1.5 crore seed from AJVC

FMCG startup Mithila Foods, based in Dumka, Jharkhand, has secured INR 1.5 crore in a seed round from AJVC, the investment firm founded by Aviral Bhatnagar. The company plans to use the funds to strengthen distribution, streamline its supply chain, and scale its Bihar-origin product portfolio, which includes sattu and makhana.

PeelON secures $1 million seed led by growX Ventures

Bio-tech startup PeelON, which develops compostable packaging solutions, has raised $1 million in seed funding. The round was led by growX Ventures, with participation from Boston Venture Group and Clean Energy Venture Group. Headquartered in Visakhapatnam, the company will channel the funds towards R&D, production, and expanding its commercial presence in both India and the United States.

Key Business News for 20 August 2025

Motilal Oswal Mutual Fund Raises Stake in Paytm Parent to 5.15%

Motilal Oswal Mutual Fund has increased its holding in One97 Communications Ltd (the parent company of Paytm), acquiring an additional 26.31 lakh shares across more than 20 of its schemes, including the Nifty Midcap Fund and ELSS Tax Saver Fund. This raised its stake by 0.41 percentage points, pushing the total to 5.15 %. Following the disclosure, Paytm’s share price climbed to a 52-week high of INR 1,238, reflecting renewed investor confidence amid the company’s recent Q1 FY26 turnaround.

Kissht Files DRHP to Raise INR 1,000 Crore via Fresh Issue

Fintech lender Kissht (operated by OnEMI Technology Solutions) has submitted its DRHP (Draft Red Herring Prospectus) to SEBI for an initial public offer, aiming to raise INR 1,000 crore through a fresh issue. Existing investors—including Vertex Ventures, Ventureast, Endiya Partners, AION Advisory, and Ammar Sdn Bhd—are planning to sell approximately 8.8 million shares via an offer-for-sale.

Of the proceeds, INR 750 crore will be infused into its NBFC subsidiary Si Creva Capital, with the remaining INR 250 crore earmarked for general corporate purposes. The company is also exploring a pre-IPO placement of up to ₹200 crore, which could reduce the size of the public issue.

Karnataka Assembly Passes Platform-Based Gig Workers Welfare Bill

The Karnataka Legislative Assembly has passed the Platform-Based Gig Workers (Social Security and Welfare) Bill, 2025, replacing an earlier ordinance. The legislation mandates that gig-aggregator platforms must provide social security, occupational health, and safety benefits to gig workers.

Key provisions include:

• Establishment of a Gig Workers Welfare Board to manage a Gig Workers Welfare Fund.
• Aggregators may collect a 1% to 5% welfare fee from customers per transaction to finance the fund.
• Mandatory registration of both gig workers and aggregators with the Board.
• A structured dispute resolution mechanism and safeguards to prevent unjust terminations.
  The bill is viewed as a significant stride toward regulating India’s rapidly expanding gig economy, projected to reach 23.5 million workers by 2029-30.

Daily Indian Funding Roundup and Key News: 19 August 2025

Here’s the latest Indian funding and business news on 19 August 2025, including Weaver Services, R for Rabbit, Cedar-IBSi Fund, and Captain Fresh IPO.

StartupTalkyStartupTalky News

India’s startup and business ecosystem witnessed several notable developments on 19 August 2025, spanning fintech, AI, consumer brands, real estate, and technology services. The day’s highlights included early-stage seed funding, major growth capital rounds, strategic investments, and significant corporate announcements. Here’s your quick roundup of the top funding deals and key business news in India today.

Daily Indian Funding Roundup – 19 August 2025

Weaver Services Raises $170 Million in Growth Round

Weaver Services, a housing finance platform, has secured $170 million in a funding round led by Lightspeed and Premji Invest, with participation from Gaja Capital. The funds will support the company’s expansion into Tier-II and Tier-III markets, aiming to increase its reach in the affordable housing sector.

Polestar Analytics Secures $12.5 Million for AI Development

Polestar Analytics, specialising in AI-driven data analytics and planning, has raised $12.5 million from U.S.-based family offices and institutional investors. The investment will enhance the company’s AI capabilities and further develop its proprietary 1Platform, a leading solution for enterprise-scale data convergence.

R for Rabbit Closes $27 Million in Series B Round

R for Rabbit, a direct-to-consumer baby products brand, has raised $27 million in a funding round led by Filter Capital and 3one4 Capital. The deal includes both primary and secondary transactions, indicating an infusion of new capital into the company as well as share purchases from existing stakeholders.

House of Biryan Secures INR 32 Crore in Growth Funding

House of Biryan (HoB), a cloud kitchen brand, has raised INR 32 crore in a funding round led by MS Dhoni and Bestvantage Investments. The funds will be used to expand operations from 22 kitchens to between 120 and 150 outlets over the next three years, targeting revenues of INR 450–550 crore.

Beyond Appliances Raises $4 Million in Series A

Beyond Appliances, a kitchen appliances startup, has secured $4 million in a Series A funding round led by Fireside Ventures, with participation from Dharana Capital. The investment will support the company’s expansion into smart kitchen products and enhance its manufacturing capabilities.

Famyo Secures INR 4 Crore in Seed Funding

Famyo, a Bengaluru-based children’s lifestyle brand, has raised INR 4 crore in a seed round led by IAN Angel Fund, with contributions from The Chennai Angels and other strategic investors. The funds will be used to develop proprietary IP, expand character design, and strengthen talent across product, growth, and supply chains.

CoRover Receives Strategic Investment from HDFC Bank

CoRover, the maker of BharatGPT, has received an undisclosed strategic investment from HDFC Bank. The bank’s Group Head of Treasury, Arup Rakshit, highlighted the importance of BharatGPT’s ability to facilitate information exchange in multiple Indian languages, catering to the country’s diverse linguistic landscape.

Key Business News for 19 August 2025

Captain Fresh Files Confidential Papers for $400 Million IPO

Bengaluru-based B2B seafood supply chain platform, Captain Fresh has confidentially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) aiming to raise between $350 million and $400 million. The company reported a net profit of INR 40 crore on revenues of INR 3,200 crore in FY25, marking a significant turnaround from a loss of INR 229 crore in FY24. The IPO proceeds are intended for acquisitions in the U.S. and Europe, where Captain Fresh already operates.

OpenAI Launches ChatGPT Go Premium Plan in India

OpenAI has introduced a new subscription tier, ChatGPT Go, in India at a monthly fee of INR 399. This plan is designed to offer greater accessibility to users seeking enhanced features without the higher costs associated with the Plus or Pro plans. ChatGPT Go supports UPI payments and is available through the ChatGPT mobile apps and WhatsApp via 1-800-ChatGPT. It provides core functionalities suitable for everyday users, while the Plus plan at INR 1,999 per month offers advanced capabilities like GPT-4o and deep research tools.

Apple Leases INR 1,010 Crore Office Space in Bengaluru

Apple has leased approximately 2.7 lakh square feet of office space at Embassy Zenith in Bengaluru for a period of 10 years, amounting to a total cost of INR 1,010 crore. A (INR 235 per square foot), with a 4.5% annual escalation. This move underscores Bengaluru’s role as a global R&D hub for Apple, with teams focusing on hardware design, testing, machine learning, software, and operations. Additionally, Apple plans to open its third retail store in India at Phoenix Mall of Asia in North Bengaluru, following its stores in Delhi and Mumbai.

PixelSky Capital Achieves INR 150 Crore First Close

PixelSky Capital, a secondaries-focused investment fund, has secured INR 150 crore in its first funding close. The fund is targeting a total corpus of INR 400 crore and is backed by boutique investment bank IndigoEdge and Hitesh Ahuja, the founder of Yumlane. The capital raised will be channelled into acquiring stakes in growth-stage companies by purchasing shares from existing investors and early employees.

Cedar–IBSi Capital Launches Maiden INR 100 Crore Fintech Fund

Cedar–IBSi Capital has announced the launch of its maiden fund, targeting INR 100 crore in commitments, with an additional INR 10-15 crore expected in soft commitments. The fund will focus on fintech investments, aiming to support the growth of innovative financial technology startups.

Daily Indian Funding Roundup and Key News: 18 August 2025

India’s startup and business ecosystem saw a series of funding announcements on 18 August 2025. Here’s your quick roundup of the top funding deals and key business news in India today.

StartupTalkyStartupTalky News

India’s startup and business ecosystem saw a series of funding announcements on 18 August 2025, with activity spanning consumer brands, lifestyle, GovTech and renewable energy. The day’s highlights included early-stage seed rounds, a major growth capital infusion, and a large strategic investment by a prominent entrepreneur. Here’s your quick roundup of the top funding deals and key business news in India today.

Daily Indian Funding Roundup – 18 August 2025

DOBRA raises INR 1.5 crore seed round led by D2C Insider Super Angels Fund

Bengaluru-based, F&B brand reimagining nostalgic Indian favourites (e.g., pop goli soda, artisanal cotton candy, tapioca crisps), DOBRA closed an INR 1.5 crore seed round led by the D2C Insider Super Angels Fund. The brand plans to accelerate an omni-channel push across modern retail, food services, quick commerce and D2C.

Hexafun secures INR 4.5 crore seed funding from Prajay Advisors

Design-led lifestyle accessories brand focused on items such as handkerchiefs and socks, Hexafun raised INR 4.5 crore in a seed round led by early-stage investor Prajay Advisors. Funds will support retail expansion, stronger marketing and wider distribution across metros and high-growth cities.

Amnex Infotechnologies gets INR 460 crore growth capital from Bharat Value Fund

Wealth Company Asset Management, the asset management arm of Pantomath Group, invested INR 460 crore in Ahmedabad-based Amnex via its Bharat Value Fund. This is Amnex’s first growth capital round; the company builds AI/IoT/GIS-driven platforms for mission-critical sectors including traffic, utilities, mining, logistics, agriculture and smart cities. The capital will help scale these solutions.

Nikhil Kamath invests INR 137.5 crore in Goldi Solar

Zerodha co-founder Nikhil Kamath invested INR 137.5 crore in Surat-based Goldi Solar. The company, described as one of India’s largest PV module manufacturers, will use the funds to expand into solar cell manufacturing and scale module capacity.

Stanza Living Secures INR 60 Crore Debt Funding from Alteria and Innoven Capital

Managed accommodation provider Stanza Living has secured INR 60 crore (approximately $7 million) in debt funding from Alteria Capital and Innoven Capital. Alteria Capital invested INR 35 crore, while Innoven Capital contributed INR 25 crore. The funds were raised through the issuance of 6,000 non-convertible debentures at a face value of INR 1,00,000 each, as per the company’s regulatory filing with the Registrar of Companies. (reported exclusively by Entrackr)

Key News Highlights for 18 August 2025

ShareChat Appoints Google’s Neha Markanda as Chief Business Officer

ShareChat has appointed Neha Markanda, formerly of Google India, as its Chief Business Officer. In this role, Markanda will lead the company’s revenue strategy, drive growth, and strengthen relationships with stakeholders across India. Prior to joining ShareChat, she spearheaded Google’s health strategy in India and led business transformation and AI-led solutions in retail and health tech.

Parag Agrawal Launches AI Startup Parallel Web Systems

Former Twitter (now X) CEO Parag Agrawal has launched a new AI startup, Parallel Web Systems, aiming to revolutionise how AI agents interact with the web. The company focuses on developing infrastructure and tools that enable AI applications to conduct real-time research on the internet, accessing and synthesising public web data to provide detailed citations. Parallel Web Systems has secured $30 million in funding from Silicon Valley investors.

Zepto Ventures into Real Estate with ‘Land in 10 Minutes’ Offering

Quick commerce platform Zepto has partnered with The House of Abhinandan Lodha to offer land plots with a promise of availability within 10 minutes. This venture marks Zepto’s expansion beyond traditional grocery and essential deliveries into high-value asset categories. The collaboration was highlighted in a recent advertising campaign.

Boundless Ventures Launches INR 200 Crore Fund to Invest in AI Startups

Former Kae Capital partner Natasha Malpani has launched Boundless Ventures, an early-stage investment fund with a corpus of INR 200 crore. The fund aims to support AI-native startups originating from India, focusing on sectors such as consumer, infrastructure, agent tooling, vertical applications in healthcare and logistics, and make-in-India hardware and deep tech. Boundless Ventures has already invested in six startups, including SuperHealth, Armatrix, Piersight, and Knot.

Investor Neeraj Tyagi Passes Away

Investor Neeraj Tyagi, known for backing startups like Oben and Zypp, has passed away. Tyagi was a prominent figure in India’s early-stage ecosystem, co-founding We Founder Circle (WFC), Avinya Ventures, and Invstt. At WFC, he helped build one of the country’s most active angel networks, facilitating over 100 startup deals in the last three years. He was also instrumental in creating Invstt, a marketplace for startups and investors, attracting over 27,000 investors across 66 countries and 900 cities.

Indian Startup Funding Updates for 2025 (Updated Weekly)

Get weekly updates on Indian startup funding for 2025! StartupTalky is here to provide you with a clear and simple overview of the latest funding news.

StartupTalkyApoorva Bajj

India’s startup and business ecosystem saw significant funding activity and corporate developments on 14 August 2025. Several companies across fintech, AI, digital infrastructure, and consumer brands secured fresh capital to fuel growth and innovation. Alongside key corporate updates and market moves, ranging from major share sales and leadership changes to strong financial results, shaped the day’s headlines. Here’s your quick roundup for the top funding deals and key business highlights in India today.

Daily Indian Funding Roundup – 14 August 2025

Shivalik Small Finance Bank raised INR 100 crore

Shivalik Small Finance Bank secured INR 100 crore in a funding round led by SMBC Asia Rising Fund, the corporate venture arm of Japan’s Sumitomo Mitsui Banking Corporation. Existing investors Accel, Quona Capital, Lightspeed, and Sorin Investments also participated. The funds will be used to strengthen the bank’s technology infrastructure, expand hiring, and scale its banking-as-a-service (BaaS) offerings to serve MSME and retail customers in semi-urban and rural areas.

Shreetech Data raised $4.5 million

Mumbai-based Shreetech Data secured $4.5 million from Aarii Ventures (Kothari family) and Cello Family Office. The funding will support the expansion of its integrated operations across data centres, power infrastructure, and in-house manufacturing of critical components.

Refold AI raised $6.5 million in seed funding

Bengaluru- and San Mateo-based Refold AI raised $6.5 million in a seed round co-led by Eniac Ventures and Tidal Ventures, with participation from Better Capital, Ahead VC, Karman Ventures, Z21, and others. The startup builds AI-native infrastructure to automate enterprise API integrations. Funds will be used to hire engineering talent, deepen product integrations, and expand enterprise adoption.

TplusA (Furniture Hardware) raised $5.5+ million

Furniture hardware and accessories startup TplusA (formerly GOTC India) raised over $5.5 million from Livspace, along with personal investments from Ramakant Sharma (Livspace) and Nishant Sharma (Kedaara Capital). The capital will help establish a manufacturing facility in Madhya Pradesh and integrate supply chains with Livspace’s operations.

TMRW (Aditya Birla Group) raised INR 437 crore (~$50 million)

TMRW, the Aditya Birla Group’s house of digital-first fashion brands (including Bewakoof, Wrogn, The Indian Garage Co., and Nobero), raised INR 437 crore (~$50 million) from ServiceNow Ventures. The investment will boost TMRW’s technology platform, enhance AI-driven consumer insights, and expand its omnichannel brand portfolio.

Key News Highlights for 14 August 2025

Sands Capital trimmed a ₹191 crore stake in BlackBuck in under a week

Sands Capital Private Growth II sold approximately 1.46% of BlackBuck (Zinka Logistics Solutions) via two block deals on 13 August 2025, offloading around 26.3 lakh shares at INR 515.66/share, worth about INR 135.6 crore, after a previous sale of 10.68 lakh shares (0.6%) at INR 520.47 on 8 August. The combined sell-off amounts to roughly INR 191 crore, reducing Sands Capital’s holding by nearly 2.06%. The selling is viewed as a partial profit-booking post-IPO, with domestic institutional investors and HNI figures likely buyers.

Abha Maheshwari resigned as CEO of ALLEN Digital

Abha Maheshwari, CEO of ALLEN Digital, announced her resignation on 14 August 2025, taking to LinkedIn to share that she would be stepping down and “taking a pause” before her next move. The timing comes after almost two years in the role, though no immediate successor has been named.

Fractal crossed INR 2,700 crore revenue in FY25, returned to profitability

Analytics and AI solutions firm Fractal reported consolidated revenue of INR 2,765 crore for FY25, marking a 26% increase over FY24’s INR 2,196 crore. Subscription income surged 167% to INR 64 crore, while core analytics services grew 24% to INR 2,701 crore. With efficient cost controls, Fractal achieved a net profit of INR 221 crore, reversing FY24’s net loss of INR 55 crore. It has filed an initial public offering DRHP with SEBI, targeting a raise of up to INR 4,900 crore via fresh issuance and offer-for-sale.

Daily Indian Funding Roundup and Key News: 13 August 2025

From early-stage startups securing crucial investments to established players filing for IPOs, here’s your roundup for the top funding deals and key business highlights in India for 13 August 2025.

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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

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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India’s startup and business ecosystem saw a flurry of activity on 12 August 2025, with multiple funding rounds across consumer, fintech, space-tech and deep-tech sectors, alongside major venture capital fund closures. Corporate earnings from leading listed startups also made headlines, revealing strong growth momentum in Q1 FY26. Here’s your quick roundup for the top funding deals and key business highlights in India today.

Daily Indian Funding Roundup – 12 August 2025

Elever raised $1.1 million in Pre-Series A

Wealth-tech platform Elever secured $1.1 million in a Pre-Series A round from CXOs, Brand Capital and existing investors. The SEBI-registered PMS firm will use the funds to expand its portfolio management services, strengthen brand presence and enhance distribution channels.

Pronto raised $11 million in Series A

On-demand household services startup Pronto raised $11 million in a Series A round co-led by General Catalyst and Glade Brook Capital, with Bain Capital Ventures also participating. The funds will support expansion into Mumbai, Bengaluru and other major cities, while onboarding over 10,000 professionals.

ELIVAAS raised INR 87 crore in Series B

Luxury vacation rental platform ELIVAAS closed an INR 87 crore Series B led by Vertex Ventures Southeast Asia & India, with participation from Peak XV Surge and 3one4 Capital. The funding will be used for technology upgrades, market penetration and international expansion.

Seeds Fincap raised INR 50 crore in Pre-Series B

MSME-focused NBFC Seeds Fincap secured INR 50 crore in a Pre-Series B led by existing investors Z47 and Lok Capital, with participation from Norinchukin Capital and Alteria Capital. The funds will be utilised for geographic expansion and strengthening technology and risk capabilities.

Spike AI raised $1.9 million in Pre-seed

Marketing intelligence platform Spike AI raised $1.9 million in a pre-seed round led by Sorin Investments, with participation from Principal Venture Partners and others. The company aims to unify fragmented marketing tools into an autonomous, self-driving marketing system.

Fairdeal.Market raised $3 million in Pre-Series A

B2B quick commerce platform Fairdeal.Market raised $3 million in a pre-Series A round led by Incubate Fund Asia and Waterbridge Ventures. The funds will help scale technology capabilities and expand into new operational territories.

Dashverse raised $13 million in Series A

AI entertainment and creator platform Dashverse, known for products like Dashtoon and Frameo.AI, raised $13 million in a Series A led by Peak XV Partners, with participation from Z47 and Stellaris Venture Partners. The funding will support product development and creator ecosystem growth.

Brandworks Technologies raised $7 million in Series A

Electronics R&D and manufacturing startup Brandworks Technologies raised $7 million in a Series A round led by Cactus Partners, with participation from GVFL, Legacy Assets and Hira Group. The funds will go towards R&D facilities, manufacturing scale-up and global expansion.

Ace Blend raised $3.3 million in Pre-Series A

Nutrition brand Ace Blend secured $3.3 million in a pre-Series A led by Fireside Ventures. The company will use the funds to enhance product offerings, scale operations and boost distribution networks.

Kimirica raised $15 million in strategic investment

Luxury vegan self-care brand Kimirica received a $15 million investment from Carnelian Asset Management, led by Vikas Khemani. The funds will support omnichannel retail expansion and growth in both hospitality and direct-to-consumer segments

Trackk raised $1 million in a Seed round

Trading platform Trackk raised $1 million in seed funding from Mga Ventures, GSF Ventures, GNP Group, Paras Defence and other investors. Recently approved by SEBI, Trackk will use the funds to scale its brokerage services on NSE and BSE.

Manastu Space raised $3 million in a Growth round

Space-tech startup Manastu Space secured $3 million in a growth round led by Capital A, with participation from Capital 2B, IAN, E2MC and others. The funds will be deployed to commercialise green propulsion and debris-avoidance technologies, and for international expansion.

Ultraviolette raised $21 million in growth investment

Electric motorcycle manufacturer Ultraviolette raised $21 million from TDK Ventures and other reported backers. The capital will be invested in vehicle R&D and scaling manufacturing operations.

Holiday Tribe Raised INR 25 Crore in Pre-Series A

Travel-tech startup Holiday Tribe has bagged INR 25 crore in a pre-Series A round co-led by Powerhouse Ventures and GSF, with participation from angel investors. The company offers curated luxury travel experiences and personalised itineraries for premium travellers. The funding will be used to enhance technology, expand service offerings, and strengthen marketing efforts.

Key News Highlights for 12 August 2025

Speciale Invest closes INR 600 crore Fund III to back India’s deep-tech and sovereign-tech future

Deep-tech investment firm Speciale Invest has successfully closed its third fund, at INR 600 crore, surpassing its initial target of INR 500 crore. The oversubscribed fund aims to back 18-20 early-stage deep-tech startups across areas like sovereign technology, AI, space-tech, quantum systems, advanced manufacturing, climate tech, and dual-use defence, spanning the period from 2025 to 2029.

Atomic Capital wraps up maiden fund at INR 400 crore to support consumer tech startups

Mumbai-based venture capital firm Atomic Capital has announced the final close of its maiden fund at INR 400 crore, targeting 10-12 early and growth-stage startups in the consumer tech and consumer-enabler spaces. The fund plans average initial cheque sizes between INR 10 crore and INR 30 crore, while reserving some capital for follow-on investments.

DPIIT and Zepto partner via ‘Zepto Nova’ to scale Indian manufacturing startups

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce & Industry has signed a Memorandum of Understanding (MoU) with Zepto Private Limited. Together, they have launched the “Zepto Nova” innovation challenge to mentor and scale early-stage manufacturing startups focusing on hardware, IoT, packaging, sustainable manufacturing, and more, including women-led and Tier-2/3 ventures. A separate pact with Hero MotoCorp is also expected to support mobility and clean-tech innovation.

Smartworks cuts losses by 82% in Q1 FY26; share hits all-time high

Managed office-space provider Smartworks achieved a significant reduction in its quarterly net loss, down by 82%, from INR 23 crore in Q1 FY25 to just INR 4.1 crore in Q1 FY26. This improvement came alongside 21% year-on-year revenue growth, rising from INR 313 crore to INR 379 crore, with total income (including non-operating contributions) reaching INR 388 crore. The company also saw its share price hit a record high following the results.

Nykaa profit surges 80% to INR 24.5 crore in Q1 FY26; revenue rises 23%

Beauty and fashion e-tailer Nykaa (FSN E-Commerce Ventures) reported a robust Q1 FY26 performance, with revenue climbing 23% to INR 2,155 crore and net profit soaring nearly 80 %, reaching INR 24.5 crore. The strong showing comes from sustained consumer demand and strategic segment execution.

Mamaearth parent Honasa posts INR 595 cr revenue; PAT grows 2.7 % in Q1 FY26

Honasa Consumer Ltd, the parent of Mamaearth, delivered year-on-year revenue growth of 7.4 %, with Q1 FY26 revenue rising to INR 595 crore from INR 554 crore in Q1 FY25. The company’s profit after tax (PAT) also posted a modest increase of 2.7 % during the same period.

Daily Indian Funding Roundup and Key News: 11 August 2025

From multi-million-dollar raises in AI, biotech, and e-commerce to IPO market activity and regulatory updates, here’s your quick roundup for the top funding deals and key business highlights in India today.

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