Tag: Indian Funding Roundup

From Ammunic Systems raising $1.1 million to advance India’s defence-tech capabilities to Yali Capital closing its INR 893 crore maiden fund to fuel deeptech innovation, the day saw notable movements across venture capital and strategic sectors. On the business front, Swiggy reshuffled its board post-IPO, the government cracked down on OTT platforms, and Elevation Capital continued exiting its stake in Ixigo. Here’s your quick roundup of the top funding deals and key business news in India for 25th July 2025.

Daily Indian Funding Digest – 25 July 2025

Ammunic Systems Secures $1.1 Million in Seed Round

Defence-tech startup Ammunic Systems has raised $1.1 million in a seed round led by India Accelerator and Finvolve. The Bengaluru-based company develops advanced electronic fuzes, warhead systems and integrated munitions. The funding will go towards scaling production, expanding its R&D efforts and building a larger technical team. This investment aligns with India’s growing push for indigenous defence innovation.

Yali Capital Closes INR 893 Crore Deeptech Fund

Venture capital firm Yali Capital has announced the final close of its debut deeptech fund at INR 893 crore, surpassing its initial target. Backers include Infosys, Qualcomm Ventures, Tata AIG, and government-linked funds like the DPIIT Fund of Funds and Self-Reliant India Fund. The fund aims to invest across early and late-stage companies in semiconductors, AI, robotics, genomics, and aerospace. Yali has already made five investments and plans to support 8–10 deeptech startups in its first cycle.

Key News Highlights for 25 July 2025

Ohm Mobility (Ohm Daily) Shuts Down Operations

EV‑financing and leasing startup Ohm Mobility, later rebranded as Ohm Daily, has announced that it is winding down operations after five years of attempts to build a scalable business model. Co‑founder and CEO Nikhil Nair confirmed on LinkedIn that despite multiple pivots—including data‑driven financial products for gig workers—the startup failed to gain sufficient traction. Ohm had raised approximately INR 5 crore from investors such as Antler India, Blume Ventures, Catalyst Fund, and angel backers.

Swiggy Board Reshuffle: SoftBank and Accel Nominees Exit, Faraz Khalid Joins

In its most recent board restructuring, Swiggy has seen the resignation of Sumer Juneja (SoftBank nominee) and Anand Daniel (Accel nominee) as nominee directors, effective 25 July 2025. They have been replaced by Faraz Khalid, CEO of UAE‑based e‑commerce firm Noon, joining as an independent non‑executive director for a five‑year term, pending shareholder approval. This move is part of a governance transition following Swiggy’s public listing.

Government Bans 25 OTT Platforms, Including Ullu and ALTT for Explicit Content

The Indian government, via the Ministry of Information & Broadcasting, has ordered ISPs to block 25 OTT platforms—including Ullu, ALTT (ALTBalaji), Desiflix, Big Shots, Boomex, Navarasa Lite, and Gulab App—for allegedly streaming “obscene”, “vulgar” or pornographic content. Content flagged includes prolonged nudity and sexual visuals with minimal storyline, in breach of provisions under the Information Technology Act, 2000, and IT Rules, 2021. The ban follows earlier interventions by self‑regulatory bodies and child rights groups.

Elevation Capital Sells INR 226 Crore Stake in Ixigo Parent (Le Travenues)

Elevation Capital (formerly Saif Partners India) has divested 1.01 crore shares, worth approximately INR 226 crore in Le Travenues Technology Ltd, the parent company of Ixigo, reducing its stake from 9.04% to 6.45%. This marks the third such exit in recent months, following previous offloads worth INR 97.4 crore in June and INR 38.3 crore in May. The latest transactions were reportedly acquired by Schroder International Selection Fund, which now holds close to 5% of the company. The total exit proceeds now exceed INR 361 crore.

Daily Indian Funding Roundup and Key News: 24 July 2025

From Netrasemi’s ₹107 crore raise to PhysicsWallah becoming the first edtech unicorn to receive SEBI’s nod, here’s your quick roundup of the top funding deals and key business news in India for 24th July 2025.

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From Netrasemi’s ₹107 crore raise to strengthen India’s edge-AI chip ambitions to PhysicsWallah becoming the first edtech unicorn to receive SEBI’s nod for a confidential IPO filing, the day was packed with headline-worthy developments across tech, logistics, and mental health sectors. On the funding front, SuperK, Eveez, Bharatsure, and Enlite secured major backing to scale their solutions. Here’s your quick roundup of the top funding deals and key business news in India for 24th July 2025.

Daily Indian Startup Funding Digest – 24 July 2025

Bharatsure – ₹6 crore

Bharatsure, an insurtech focused on EV‑refuelling station coverage, has secured ₹6 crore in early‑stage funding from Inflection Point Ventures and Capital A. The startup will partner with Battery Smart to launch insurance products tailored for EV‑charging infrastructure across India.

Netrasemi – ₹107 crore

Kerala‑based semiconductor innovator Netrasemi raised a substantial ₹107 crore in a Series A round led by Zoho Corporation and Unicorn India Ventures. The funds will be used to ramp up R&D, expand manufacturing and marketing, launch four advanced SoC variants, and grow its engineering team from around 83 to approximately 166. The chips, currently in tape‑out at TSMC’s 12 nm node, are designed for surveillance, industrial robotics and smart infrastructure, enabling efficient edge‑AI without relying on cloud connectivity. Founders include Jyothis Indirabhai, Sreejith Varma and Deepa Geetha.

SuperK – ₹100 crore

SuperK, a Mumbai‑based branded snack startup, has raised ₹100 crore in its latest round led by Binny Bansal (co‑founder of Flipkart) and Mithun Sacheti, aiming to scale product development and distribution nationwide.

Eveez – $5.4 million

Healthcare‑tech firm Eveez closed a $5.4 million Series A, led by the Michael & Susan Dell Foundation. The investment will drive expansion in maternity and newborn care services by enhancing digital health capabilities.

Enlite – ₹46 crore

Enlite, a tech‑driven clean‑energy startup, secured ₹46 crore in Series A funding led by Avaana Capital. The round will support the rollout of solutions in decentralised clean‑energy access and smart‑grid projects.

Key News Highlights for 24 July 2025

PhysicsWallah receives SEBI nod for IPO

PhysicsWallah, the edtech unicorn led by Alakh Pandey, received SEBI’s approval on 24 July 2025 to file its IPO draft under the confidential pre-filing route. The company is expected to raise around ₹4,600 crore through a mix of fresh issue and offer for sale, making it the first Indian edtech startup to get such approval.

Inc.LISSUN Acquires US‑Based Being Cares Inc

Hyderabad‑based mental‑health player LISSUN announced the acquisition of California‑based Being Cares Inc., a mental‑wellness platform serving nearly 1 million users. The deal brings over 40 mapped conditions into LISSUN’s domain, including anxiety, ADHD and parenting stress. Founders Varun Gandhi and Abhishek Sharma will join LISSUN as Chief Product Officer and Chief Technology Officer respectively, as per the acquisition announcement.

LEAP India Transforms Into Public Company

KKR‑backed logistics and supply‑chain firm LEAP India has formally converted from a private to a public limited company, renaming itself “Leap India Limited”. The board has also added independent directors Harinarayanan Nair and Sanjiv Gupta, positioning the company for an upcoming IPO.

Shadowfax Board Approves ₹2,000 crore IPO

Logistics major Shadowfax has received board approval to raise ₹2,000 crore (~$232 million) via fresh equity issuance as part of its planned IPO. This follows the confidential filing of its DRHP targeting a range of ₹2,000–2,500 crore, with funds split equally between fresh shares and Offer for Sale.

Daily Indian Funding Roundup and Key News: 23 July 2025

From Kluisz.ai securing $9.6 million in a standout AI seed round to the ED filing a FEMA case against Myntra, here’s your quick roundup of the top funding deals and key business news in India for 23rd July 2025.

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From Milky Mist filing for an INR 2,035 crore IPO to Paytm turning profitable this quarter, the day was filled with major updates across sectors. On the funding front, Escape Plan secured fresh capital to scale its offline and quick-commerce model. Here’s your quick roundup of the top funding deals and key business news in India for 22nd July 2025.

Daily Indian Startup Funding Digest – 22 July 2025

Escape Plan Raises $5 Million in Seed Round

Bengaluru-based travel accessories startup, Escape Plan, has secured $5 million in a seed funding round. The round was led by Jungle Ventures (through its First Cheque@Jungle initiative) and Fireside Ventures. Founded by Abhinav Pathak and Abhinav Zutshi, Escape Plan offers products like luggage, backpacks, and travel essentials. The startup aims to expand to over 100 stores in the next 18 to 24 months and also plans to launch a quick-commerce model offering 1–2 hour delivery in select metros. The funding will be used to scale operations, build inventory, and invest in omnichannel infrastructure.

ApClub Raises INR 2 Crore in Pre-Seed Funding

Bengaluru-based fitness startup ApClub has raised INR 2 crore in a pre-seed funding round led by Curefit Healthcare. PedalStart and a group of angel investors also participated. Founded in October 2023 by Shalabh Malhotra, ApClub offers doorstep fitness services including yoga, Pilates, weight training, and sports coaching. The startup currently operates in over 40 apartment communities in Bengaluru and plans to use the fresh funds to expand its team, launch new wellness formats, and develop a mobile app. The goal is to make professional fitness services easily accessible at home.

Key News Highlights for 22 July 2025

Milky Mist Files DRHP for INR 2,035 Crore IPO

Milky Mist Dairy Food Ltd has submitted its Draft Red Herring Prospectus (DRHP) with SEBI, aiming to raise up to INR 2,035 crore via an IPO—comprising INR 1,785 crore in fresh equity and INR 250 crore through offer-for-sale by promoters Sathishkumar T and Anitha S. The funds will be used largely to repay debt (INR 750 crore), expand and upgrade its Perundurai manufacturing facility (INR 414 crore), invest in cold‑storage equipment (INR 129 crore), and for general corporate purposes.

Paytm Turns Profitable in Q1 FY26

One 97 Communications, the parent of Paytm, posted a net profit of INR 123 crore in Q1 FY26 (ended 30 June), reversing a loss of INR 840 crore in Q1 FY25. Revenue from operations rose to INR 1,918 crore—an increase of 27‑28% year‑on‑year—and overall expenses declined by about 19%, driven by AI‑led efficiency gains. The profit surge was propelled by strengthened payments and lending businesses.

Costco to Open First Tech Hub in India

U.S. retail giant Costco Wholesale Corp is establishing its inaugural Global Capability Centre (GCC) in Hyderabad, set to employ 1,000 staff initially, with scope to grow further. The hub will support technology, research, finance, and operations, marking a strategic shift for Costco and further entrenching India’s role as a major global GCC destination.

Foxconn’s Telangana Plant Hit by Rare‑Earth Shortage

Production of Apple AirPods at Foxconn Interconnect Technology’s facility near Hyderabad has been impacted by a shortage of dysprosium due to China’s tightened export restrictions on rare-earth metals. Foxconn has raised the issue with the Telangana government and sought assistance from the DPIIT, though company statements say production remains uninterrupted for now.

Daily Indian Funding Roundup and Key News: 21 July 2025

From Reliance jumping into the fashion quick commerce race to CoinDCX announcing a massive crypto bounty programme. Here’s your quick roundup of the top funding deals and key business news in India for 21st July 2025.

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From Reliance jumping into the fashion quick commerce race to CoinDCX announcing a massive crypto bounty programme, the day was packed with movement. On the funding front, Hudle, EduFund, and others attracted fresh capital. Here’s your quick roundup of the top funding deals and key business news in India for 21st July 2025.

Daily Indian Funding Digest – 21 July 2025

Hudle secures $2.5 million in Series A

Delhi‑based sports community platform, Hudle, has raised $2.5 million in a Series A round led by Sky Impact Capital, with participation from Physis Capital, Atrium Venture and prominent angels including Mahesh Bhupathi, Gaurav Kapur and the founders of Blue Tokai and Nitro Commerce.

The funding will be used to accelerate product enhancements—such as frictionless bookings, match discovery, and performance analytics—with a special focus on pickleball and padel. Hudle also recently introduced India’s first player‑rating system.

Plenome Technologies raises INR  6.5 crore in seed funding

Plenome Technologies, a deep‑tech spin‑off from IIT Madras led by Prof. Prabhu Rajagopal (Shanti Swarup Bhatnagar awardee), together with Vijayaraja Rathinasamy and Anirudh Varna, has secured INR 6.5 crore in a seed round.

The round was led by Ovington Capital Partners (Luxembourg), with participation from AADI (UAE) and angel Manish Gandhi. The funds will be deployed to scale its patented blockchain‑AI stack into global markets, targeting sensitive domains such as healthcare (organ donation tracking), remote voting (BlockVote), and other e‑governance applications.

ANNY bags INR  10 crore in Pre‑Series A

Fashion‑tech start‑up ANNY has raised INR 10 crore in a Pre‑Series A round led by Atomic Capital. The startup will use the capital to broaden its product range, enhance proprietary technology, strengthen distribution channels, and recruit leadership talent.

EduFund raises $6 million in Series A

Ed‑fintech platform EduFund has raised $6 million in its Series A round, led by Cercano Management with participation from MassMutual Ventures.

EduFund, which serves over 250,000 families and works with more than 40 asset managers and 15 lending institutions, plans to deploy the new funds to expand into Tier‑I/II cities, roll out AI‑powered personalised planning tools, and broaden its loan products, emphasising the underserved undergraduate segment.

Key News Highlights for 21 July 2025

Reliance Retail launches ‘Ajio Rush’, a fashion quick‑commerce service

Reliance Retail has unveiled Ajio Rush, a four‑hour fashion delivery platform that operates from its existing retail outlets. Currently live across six Indian cities, it offers over 130,000 styles. Company statements highlight encouraging unit economics, underpinned by increased average order values and lower return rates. The initiative pits Reliance directly against fashion quick‑commerce players such as Myntra, Newme and Slikk.

CoinDCX rolls out India’s largest crypto‑recovery bounty after $44.2 million hack

CoinDCX has launched a Recovery Bounty Programme, offering up to 25 per cent of recovered assets—potentially reaching $11 million—as a reward for intelligence that leads to the retrieval of stolen funds and the identification of the perpetrators. The breach, which occurred on 19 July, resulted in losses of $44.2 million, though user funds remained safe, as losses were absorbed by the firm’s treasury.

Blinkit outperforms Zomato in Q1 gross order value

Zomato’s quick‑commerce unit Blinkit achieved a gross order value (GOV) of INR 11,821 crore in Q1 FY26—surpassing Zomato’s food delivery GOV of INR 10,769 crore. This 140 per cent year‑on‑year increase underscores a shift in consumer demand. Additionally, Blinkit’s net order value hit INR 9,203 crore, overtaking food delivery NOV for the first time, driven by 243 new store openings and a pivot towards an inventory‑led model.

India crowned global leader in fast digital payments via UPI

A recent IMF report names India the world’s top performer in fast digital payments. In June 2025 alone, UPI processed 18.39 billion transactions, amounting to INR 24.03 lakh crore, which marks a 32 per cent increase compared to June 2024. The platform now serves 491 million users, 65 million merchants, and connects 675 banks, accounting for roughly 85% of India’s digital payments and nearly half of global real-time transactions.

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.

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On 17 July 2025, India’s startup ecosystem saw fresh funding across sectors like health food, robotics, packaging, and AI. At the same time, major companies like Airtel, Flipkart, and Jupiter announced key product and business updates. Here’s a roundup of all the top funding deals and key business news from the day.

Daily Indian Startup Funding Digest: 17 July 2025

LO! Foods – $3.5 Million in Series B

Bengaluru-based LO! Foods has raised  $3.5 million (approx ₹29.75 cr) in a Series B round, led by Rainmatter Health (Zerodha’s health initiative) and Singapore‑based Capital Code, with participation from Mount Judy Ventures, ICE.vc, KPB Ventures, among others. The funds will support warehousing expansion, backend tech upgrades, pilot offline stores in Bengaluru, and brand‑building efforts.

DCG Tech – INR 15 Crore in Pre‑Series A

DCG Tech, a B2B packaging, warehousing and procurement platform, has secured INR 15 crore in a pre‑Series A raise. GVFL Ltd invested INR 10 crore, with participation from Auxano Capital and the company’s promoters. The funds will accelerate growth, enhance platform capabilities, and support international expansion.

ParkoBot – INR 2.09 Crore Seed Round

IoT‑based smart parking startup ParkoBot has raised INR 2.09 crore in a seed funding round, led by Inflection Point Ventures (IPV), with further backing from high‑net‑worth individuals. The capital will be used to strengthen infrastructure, expand to new cities, bolster backend systems, and diversify offerings.

Onetab.ai – Undisclosed Bridge Round

Onetab.ai, India’s first SDLC‑focused AI agent, has raised an undisclosed bridge/follow‑on round from Hyperscope Limited Fund and Singapore’s Elrise, following its initial  $3.3 million seed round. The funds will help further R&D for its Onetab AI Agent, which automates workflow in software development.

Zetwerk – Debt Financing

Manufacturing unicorn Zetwerk has raised INR 75 crore ( $8.8 million) via non‑convertible debentures issued to JM Financial, as per filings with the Registrar of Companies. The debt is intended to support working capital and supply‑chain scaling as the company moves toward its upcoming IPO.

Key News Highlights for 17 July 2025

Smartworks Lists at 7% Premium Over IPO Price

Managed office space provider Smartworks made its stock market debut with a 7% premium over its IPO issue price. The strong listing reflects investor confidence in the flexible workspace sector. With this move, Smartworks becomes one of the few office solutions providers to go public in India, tapping into the growing demand from enterprise clients and startups.

Jupiter Money Receives IRDAI Nod to Enter Insurance Distribution

Neobank Jupiter Money has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to act as a corporate agent for insurance distribution. This licence enables Jupiter to offer insurance products directly through its platform via partnerships with registered insurers. The move expands Jupiter’s financial services suite and aligns with its goal of becoming a comprehensive personal finance platform.

Flipkart Launches ‘Advertise Now, Pay Later’ for MSME Sellers

E-commerce platform Flipkart has rolled out a new initiative called ‘Advertise Now, Pay Later’, aimed at improving access to advertising for small and medium-sized sellers. The feature allows sellers to launch ad campaigns on Flipkart without upfront payments and pay later, based on their sales cycle. This initiative is expected to boost visibility and growth for thousands of MSME sellers on the platform.

Ullu Ventures into Web3 with Launch of UlluCoin

OTT content platform Ullu has forayed into the Web3 space by launching its own blockchain-based token, UlluCoin. The new token will be used to reward both content creators and viewers, aiming to decentralise the content monetisation process. Through UlluCoin, the company plans to build a participative digital ecosystem where users can earn and engage directly with content on-chain.

Airtel Offers Free INR 17,000 Perplexity Pro Subscription Across 360 Million Users

Bharti Airtel has partnered with Perplexity AI to provide a free 12-month Perplexity Pro subscription, valued at INR 17,000, to its entire customer base (approximately 360 million users across mobile, fixed broadband, and DTH). The premium plan includes features such as unlimited Pro searches, access to AI models like GPT‑4.1 and Claude, image generation, file uploads, Perplexity Labs, and more. The offer can be redeemed via the Airtel Thanks app.

Daily Indian Funding Roundup and Key News: 16 July 2025

From Truemeds’ latest fundraise to Zepto Café’s operational reset, here is the Indian funding and key news roundup for 16 July 2025.

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Today’s funding activity saw notable investments across healthtech, AI, quantum computing, and fashion commerce. In parallel, key news highlights included Zepto Café scaling back, Swiggy’s new healthy meals category, and AceVector gearing up for an IPO. Here is the roundup of key funding deals and business news in India.

Daily Indian Funding Digest – 16 July 2025

Culture Circle raised funding from Ritesh Agarwal

Luxury fashion platform Culture Circle has received strategic funding from OYO’s Ritesh Agarwal, valuing the company at over INR 100 crore. The Mumbai-based startup leverages AI to offer curated luxury drops and authentic streetwear through its proprietary engine “SourceX”. (as first reported by Entrackr)

Zuppa raised $1.5 million in a bridge round

Chennai-based drone tech company Zuppa raised $1.5 million in a bridge round led by Rahul Dewan (Founder, Srijan Technologies), alongside Ajay Gupta and the Mangwani Family Office. Zuppa builds proprietary autonomous drone systems, which the fresh funding will help advance ahead of a larger Series A raise.

Deep Algorithm Solutions raised INR 10.8 crore in seed funding

Cybersecurity startup Deep Algorithm Solutions secured INR 10.8 crore ($1.3M) in a seed round led by Unicorn India Ventures. The company focuses on threat intelligence, leveraging AI to detect cyber risks in real-time.

The funding will be used to expand its security team, build enterprise integrations, and enter Southeast Asian markets.

👗 Zulu Club raised $250K in pre-seed

Fashion logistics startup Zulu Club raised $250,000 in a pre-seed round from TDV Partners. Operating in Delhi NCR, the platform offers “100-minute” delivery and try-at-home options for apparel and fashion accessories.

The funds will be used to enhance app personalisation and expand logistics capacity.

Zeus Hygia raised $2.5 million in Series A

Hyderabad-based Zeus Hygia Lifesciences, a nutraceutical innovation firm, raised $2.5 million in its Series A round led by NABVENTURES, the VC arm of NABARD. The company plans to use the funds to launch first-in-market herbal formulations for pain relief, weight management, and women’s health.

Knot raised $3 million in pre-Series A

Mumbai-based Knot, which promises ultra-fast fashion delivery, raised $3 million in a pre-Series A round led by Kae Capital. Other investors include Sparrow Capital, Boundless Ventures LLP, and founders from brands like SNITCH, The Souled Store, and Bonkers Corner.

The capital will be used to develop its tech stack, expand to new cities, and build deeper brand collaborations.

Navana AI raised INR 7 crore in pre-Series A

Voice technology startup Navana AI secured INR 7 crore (~$800,000) in a pre-Series A round led by Antler India. Angel investors like Ajay Agarwal, Ronnie Screwvala, and Sandeep Singhal also participated.

The startup, founded by Raoul and Jai Nanavati, builds AI-powered multilingual speech assistants and services over 12 Indian languages, already serving 40+ enterprise clients.

Phi Commerce raised INR 51.34 crore in Series B top-up

Phi Commerce, which enables omnichannel digital payments, raised an additional INR 51.34 crore ($6 million) in a Series B top-up from BEENEXT.

Phi Commerce’s unified platform supports card and UPI-based payments across offline and online retail, logistics, and government segments. The funds will help strengthen platform security and scale operations.

Truemeds raised $20 million in Series C2

Healthtech startup Truemeds received $20 million from Peak XV Partners in the C2 tranche of its Series C round, bringing the round’s total to over $44 million.

Truemeds enables affordable medicine delivery through e-prescription uploads and generic brand recommendations. Founded by Akshat Nayyar and Kunal Wani, the company saw FY24 revenues grow to INR 315 crore, while losses reduced to INR 61 crore. (first reported by Entrackr)

QpiAI raised $32 million in Series A

Quantum-AI startup QpiAI, based in Bengaluru, raised $32 million in a Series A round co-led by Avataar Ventures and India’s National Quantum Mission.

The capital will go towards commercialising its quantum stack globally and deepening enterprise adoption.

Key News Highlights for 16 July 2025

Zepto Café scales down operations

Four-year-old fast-delivery subsidiary Zepto Cafe has paused operations across several outlets in North India. The move comes amid supply chain issues and a shortage of trained staff, compounded by heightened competition from Blinkit’s Bistro and Swiggy’s Snacc. As a result, Zepto is delaying expansion of its “dark stores” and retrenching to manage operational efficiency.

Swiggy launches ‘High‑Protein’ meals in 30 cities

Swiggy has introduced a new “High‑Protein” meal category, available across 30 cities, featuring 500,000+ dishes from more than 35,000 restaurants. Each dish must contain at least 15 g of protein, under 700 kcal, and a protein‑to‑calorie ratio of ≥10%. This healthy-eating initiative aims to cater to fitness-focused consumers and diversify Swiggy’s menu offerings.

ixigo grants 211,912 ESOPs worth INR 3.78 crore

Le Travenues Technology Ltd—the parent company of travel‑tech platform ixigo—has granted 211,912 stock options under its ESOP schemes (2013, 2020, 2021, 2024) at an exercise price of INR 93/share, vesting over four years. The package is valued at INR 3.78 crore, reinforcing the company’s long-term employee retention strategy.

AceVector files DRHP for INR 500 crore IPO

AceVector Ltd, Snapdeal’s holding and ecosystem company, including Unicommerce and Stellaro Brands, is preparing to file its Draft Red Herring Prospectus (DRHP) to raise INR 500 crore through an initial public offering. CLSA and IIFL have been appointed as its bookrunning managers.

Three PE firms seek CCI nod for Theobroma deal

Three private equity firms, including Infinity Partners, Atreides Investments BV (linked to ChrysCapital), and Aqua Investments Ltd, ,have applied to the Competition Commission of India (CCI) to acquire a 90% stake in bakery chain Theobroma Foods.

Google offers free Gemini Pro plan to Indian students

Google is offering its AI‑powered Gemini 2.5 Pro plan (worth INR 19,500/year) free to Indian college students aged 18+ (the offer is valid until 15 September 2025). The offer includes tools such as Gemini 2.5 Pro, NotebookLM, Veo 3, Deep Research, and access to 2 TB of Google Cloud storage, enabling advanced AI-assisted learning.

Daily Indian Funding Roundup & Key News: 15 July 2025

Early-stage bets on Trupeer.ai and The Wedding Company hint at investor appetite for AI and luxury tech. Here’s a roundup of today’s key funding and business news in India.

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From a $170M secondary exit in analytics to Tesla driving into India on 15 July 2025, it packed a punch. Plum is betting INR 200 Cr on digital health, WeWork India is IPO-ready, and Infibeam’s rights issue flew off the charts. On the funding front, early-stage bets on Trupeer.ai and The Wedding Company hint at investor appetite for AI and luxury tech. Here’s a quick and crisp roundup of today’s key funding and business news in India.

Daily Indian Funding Digest – 15 July 2025

Fractal Analytics Secures $170 Million via Secondary Sale

Mumbai‑based analytics firm Fractal Analytics has raised $170 million through a secondary share sale. The deal allowed Apax Partners a partial exit, while TA Associates took up additional stakes.

Trupeer.ai Raises $3 Million to Drive AI Video Creation

Bengaluru‑based Trupeer.ai, which turns screen recordings into AI-generated videos, has secured $3 million in a seed round led by RTP Global, with support from several angel investors. The platform already serves over 10,000 teams in more than 50 languages.

The Wedding Company Closes $1 Million Pre‑Seed Round

Luxury wedding‑planning platform The Wedding Company has raised $1 million in a pre‑seed round co‑led by LVX (formerly LetsVenture) and Tremis Capital. The round also saw investment from notable angels: Chaitanya Ramalingegowda (Wakefit co‑founder), Ajith Pai (COO of Delhivery), and Arash Ferdowsi (Dropbox co‑founder). The funds will support expansion into new cities, further development of its tech platform, and growing its vendor network.

Ambulance Startup Dial4242 Raises INR 9 Crore in Pre‑Series A

Mumbai‑based Dial4242, a health‑tech platform connecting users to ambulance services, has raised INR 9 crore in its pre‑Series A round. The funding came from a group of angel investors and will be used to broaden its reach beyond Tier‑I cities and improve operational infrastructure.

PayU India Receives INR 303 Crore from Parent Prosus NV

Fintech giant PayU India has received an internal capital infusion of INR 303 crore from its parent, Prosus NV. The funds are expected to support local operations, product development initiatives, and future growth strategies.

Allcargo Terminals to Raise INR 38.28 Crore via Convertible Warrants

Allcargo Terminals Ltd plans to raise INR 38.28 crore through the issuance of preferential convertible warrants to its promoters. Priced at INR 72.73 per warrant, each can be converted into equity within 18 months. The move aims to enhance working capital and fund business expansion.

Key News Highlights for 15 July 2025

WeWork India Gets SEBI Nod for IPO

WeWork India has received final approval from SEBI to go public. The flex-space giant is planning an INR 1,000 crore IPO, with proceeds likely directed toward expansion and debt repayment. The listing is expected to hit the markets later this year, marking a major milestone in India’s co-working sector.

Plum Commits INR 200 Cr to Digital Health Innovation

Employee health insurance platform Plum has announced an investment of INR 200 crore towards building a comprehensive digital health ecosystem. This move signals its pivot from being a pure-play insurance provider to a preventive healthcare enabler, offering virtual care services, health assessments, and chronic disease management. The investment will be spread over the next 18-24 months.

Infibeam Avenues’ ₹700 Cr Rights Issue Oversubscribed 14x

Fintech and e-commerce infrastructure firm Infibeam Avenues has seen overwhelming investor interest in its INR 700 crore rights issue, which was oversubscribed by 14 times. The funds will be utilised for strengthening AI-driven platforms, scaling global operations, and launching new fintech offerings.

PhonePe Appoints Ex-Meta Policy Head as VP – Government Affairs

PhonePe has appointed Rahul Shivshankar, former Director of Public Policy at Meta, as its new Vice President, Government Affairs. His role will be crucial in managing regulatory relations and shaping policy frameworks as the fintech major expands its influence in UPI, digital payments, and financial services.

Tesla Launches Mumbai Showroom; Partners with Acko for Insurance

Tesla has officially opened its first Indian showroom in Mumbai, taking a concrete step toward entering the Indian electric vehicle market. The EV giant has also partnered with insurtech startup Acko to offer customised insurance packages for Indian buyers. The launch reflects Tesla’s broader strategy to localise its offerings and build a regional footprint.

Daily Indian Funding Roundup & Key News – 14 July 2025

From Ola Electric’s improving margins to Groww’s new platform, here are the key news highlights for 14 July 2025.

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While no fresh funding rounds were confirmed today, India’s startup and tech ecosystem saw significant developments across public markets, enterprise strategy, and civic innovation. From Ola Electric’s improving margins to Groww’s new platform, here are the key highlights.

Key News Highlights for 14 July 2025

Ola Electric shares soar after Q1 results

Ola Electric’s shares rose approximately 17–18% to around ₹46–47 on the BSE following its June-quarter earnings release. Despite reporting a still-widening net loss of ₹428 crore, sequential improvement was notable—down from ₹870 crore in the previous quarter. Operational efficiencies were clear: auto segment gross margins jumped to 25.6% from 13.8%, and June marked the first EBITDA‑positive month for the auto business. The company expects FY 26 gross margins of 35–40%, with revenues projected at ₹42-47 billion.

Groww to launch ‘915’ trading platform

Ahead of its planned Initial Public Offering, Bengaluru-based Groww is set to roll out a new trading platform named ‘915’, targeting high-volume and professional traders. The move aims to diversify its revenue streams beyond retail investors.

Blinkit shifts to an inventory‑led model from 1 September

Eternal’s rapid commerce arm, Blinkit, plans to transition to an inventory-led business model starting 1 September 2025. Under this, Blinkit will purchase stock directly from sellers (opting in by 30 July) and manage compliance, warehousing, and reverse logistics. The shift aims to improve margins and supply chain control, supported by IOCC status—Eternal anticipates investing under ₹1,000 crore in inventory capital.

TCS prioritises wage hikes amid margin focus

TCS CFO Samir Seksaria told PTI that delivering deferred salary increases to over 600,000 employees remains a priority. The company is targeting operating margins in the 26–28% range, up from 24.5% in Q1, balancing wage costs with growth and margin recovery.

EaseMyTrip’s Prashant Pitti pledges ₹1 crore for Bengaluru traffic

EaseMyTrip co‑founder Prashant Pitti announced he would personally commit ₹1 crore towards developing an AI and Google Maps-based solution to map and alleviate Bengaluru’s traffic congestion. The pledge, shared on LinkedIn/X, reflects an entrepreneur stepping into urban infrastructure challenges

Jane Street deposits ₹4,843 crore in escrow to comply with Sebi

U.S. quant firm Jane Street deposited ₹4,843.5 crore (~$567 million) into an escrow account, complying with Sebi’s interim order amid allegations of market manipulation linked to Bank Nifty options. The deposit is a mandatory step toward lifting its trading ban in India, subject to regulatory review. The firm maintains its trading was “basic index arbitrage” and reserves the right to contest Sebi’s findings.

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.

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From Cookd’s pre-Series A funding to Flipkart’s ESOP buyback and regulatory updates in transport, here’s your quick roundup of the most important funding deals and business highlights for 11 July 2025.

Daily Indian Funding Digest – 11 July 2025

Cookd raises INR 16 crore in pre-Series A round

Cookd, a Chennai-based food brand, raised INR 16 crore in a pre-Series A round. Spring Marketing Capital led the round, joined by Eternal Capital, PeerCheque, and Sunicon Ventures.

The company plans to use the funds to expand across Tamil Nadu and Kerala. It will also invest in new products like spice blends, cooking pastes, and biryani kits.

Cookd has built a strong D2C presence with retail and quick-commerce partnerships. Its content marketing strategy has garnered over 6 million social media followers.

Gramik secures INR 17 crore to boost rural agritech

Gramik, a rural agritech startup, raised INR 17 crore in a bridge round. The round saw participation from Samman Global Ventures, Money Creeper Investment, and industry veterans like Balram Yadav and Irfan Alam.

Gramik helps village-level entrepreneurs (VLEs) supply agri-inputs and advisory services to small farmers. It currently operates in 12 districts with 1,200+ VLEs.

The fresh capital will support its expansion across Uttar Pradesh, Maharashtra, and Jammu. Gramik aims to reach over 3,000 VLEs and 1 million farmers before its planned INR 56 crore Series A.

Key News Highlights for 11 July 2025

Flipkart launches $50 million ESOP buyback initiative

Flipkart has initiated a $50 million employee stock-option buyback, enabling around 7,000–7,500 current and former staff to sell up to 5% of their vested shares. This marks the company’s largest such liquidity effort and forms part of its strategy to reward and retain talent ahead of a potential IPO.

Shiprocket introduces Shunya.ai to optimise supply chains

Logistics firm Shiprocket has unveiled Shunya.ai, a sovereign multimodal AI assistant designed to streamline MSME supply chains. The tool utilises conversational AI (text/voice) to help sellers with courier selection, tracking, ETA estimates and customer alerts, all within its dashboard or API ecosystem. Built and hosted entirely in India, it aligns with data-localisation norms and positions AI as a strategic asset ahead of Shiprocket’s IPO aspirations.

Awfis enters furniture manufacturing to reduce costs

Co-working operator Awfis has expanded its business into furniture manufacturing and B2B sales. Following shareholder approval, the new arm will supply ergonomic work furniture for both its own centres and external businesses. This vertical integration is expected to reduce capital expenditure and open fresh revenue channels.

PhonePe & Google Pay dominate UPI in June

In June 2025, UPI transactions reached 18.4 billion worth INR 24.04 lakh crore. PhonePe led with 8.55 billion transactions (46.5% volume share, INR 11.99 lakh crore value), followed by Google Pay with 6.54 billion transactions (35.6% volume, INR 8.41 lakh crore value). Paytm held the third slot with 6.9% share (1.27 billion transactions). Together, PhonePe and Google Pay made up over 82% of UPI volume.

Maharashtra reviews private bus aggregator operations

Maharashtra’s transport ministry is initiating a regulatory review of private bus aggregators, such as Uber Shuttle and other app-based intercity services to ensure compliance with Motor Vehicles norms. This follows earlier scrutiny of bike taxi services and signals potential new licensing and safety regulations.

Priya Nair appointed HUL’s first woman CEO & MD

Hindustan Unilever Ltd (HUL) has named Priya Nair as Managing Director and Chief Executive Officer, effective 1 August 2025—the first woman to hold the position. Currently president of Unilever’s Beauty & Wellbeing division, Nair succeeds Rohit Jawa, who is stepping down after two years. Her appointment has received positive market reaction.

Daily Indian Funding Roundup & Key News – 10 July 2025

From Clean Fanatics’ funding to ED’s raid on Probo and action against celebs, here’s your roundup of key funding and business news on 10 July 2025.

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