Tag: Indian Funding Roundup

On 10 July 2025, Clean Fanatics and Arteria Technologies raised major funding to grow their business. Partners Group announced an INR 1,950 crore deal to acquire a majority stake in Infinity Fincorp. Meanwhile, the Enforcement Directorate raided Probo and seized assets.

Here’s your quick roundup for funding and key business news for the day.

Daily Indian Funding Digest – 10 July 2025

Clean Fanatics Raises $2 Million in Seed Round

Bengaluru-based premium home services startup, Clean Fanatics, has raised $2 million in seed funding led by Inflection Point Ventures. The funds will be used to strengthen the team, enhance technology infrastructure, and expand into new verticals like civil renovation. With over 2,500 homes serviced monthly and strong user ratings, the company is poised to scale operations quickly.

Arteria Technologies Secures INR 100 Crore in Series B

Arteria Technologies, a supply chain SaaS and embedded fintech platform, has raised INR 100 crore in Series B funding from ICICI Venture’s IVen Amplifi Fund. The company plans to use the funds for hiring, expanding AI-driven offerings, and growing its presence across geographies. Arteria serves 100+ enterprises and aims to digitise complex B2B supply chains with embedded financial tools.

Key News Highlights for 10 July 2025

ED Raids Probo, Freezes INR 284.5 crore in Assets

The Enforcement Directorate (ED) conducted raids on Probo, an opinion-trading platform, seizing and freezing assets worth approximately INR 284.5 crore. The probe, invoking the Prevention of Money Laundering Act (PMLA), alleges that Probo operated as an illegal gambling platform rather than a skill-based venture. In response, Probo has stated it is fully cooperating with authorities and remains confident in its compliance.

ED Books 29 Celebs Including Vijay Deverakonda & Prakash Raj in Betting-App Probe

The Enforcement Directorate has filed a money-laundering case under PMLA against 29 celebrities, including Vijay Deverakonda, Prakash Raj, and Rana Daggubati, for allegedly promoting illegal betting applications. The action stems from FIRs registered by the Cyberabad police in Telangana.

Partners Group to Acquire Majority Stake in Infinity Fincorp for INR 1,950 crore

Swiss private equity firm Partners Group is set to acquire a majority stake in Mumbai‑based NBFC Infinity Fincorp for INR 1,950 crore. The deal comprises a primary infusion of INR 600 crore and the purchase of existing shares, including those held by Jungle Ventures and Indium IV (Mauritius) Holdings. The funds will be used to expand branches, improve technology, and enhance customer onboarding.

Flipkart Ventures Unveils ‘Leap Ahead 4.0’ Accelerator

Flipkart Ventures has launched the fourth edition of its accelerator, Leap Ahead 4.0, offering equity investments of up to $500,000 and structured mentorship from Flipkart leadership. The initiative targets early-stage startups working on innovations across India’s digital economy.

Pocket FM Sues Kuku FM

Audio content platform Pocket FM has initiated legal proceedings in the Delhi High Court against rival Kuku FM, alleging the latter copied five audio series. Pocket FM is seeking INR 85.7 crore in damages and a permanent injunction on the use of its content formats. Kuku FM has dismissed the case as a “motivated charge.”

X CEO Linda Yaccarino Resigns

Linda Yaccarino, who has served as CEO of X (formerly Twitter) since May 2023, announced her resignation on 9 July 2025. She leaves after two years at the helm, overseeing the platform during challenging times, including controversies and advertiser scrutiny.

Daily Indian Funding Roundup & Key News – 9 July 2025: Zepto Eyes $500M Raise, Starlink Gets India Nod & More

Startups led the way on 9 July 2025, with Zepto reportedly raising $500 million. Here’s your quick roundup of the day’s key funding and business news.

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Startups led the way on 9 July 2025, with Zepto reportedly raising $500 million and fresh funding going to Chai Bisket, Belong, and Green Aero. On the corporate front, Apple named Sabih Khan as its new COO, and Starlink received final approval to launch services in India. Here’s your quick roundup of the day’s key funding and business news.

Daily Indian Funding Digest – 9 July 2025

📰 Funding News Breakdown

Chai Bisket Raises $5 Million in Pre-Series A

Hyderabad-based regional content platform Chai Bisket has secured $5 million in a Pre-Series A round led by InfoEdge Ventures and General Catalyst. The funding will be used to expand content IPs, grow its Telugu OTT offerings, and explore other vernacular markets.

Enercomp Secures INR 2 Crore in Bridge Round

Drone-tech startup Enercomp Solutions Pvt. Ltd., based in Ahmedabad, has raised INR 2 crore in a bridge round. The round was advised and facilitated by Bestvantage Investments, aimed at accelerating its drone fleet development and software capabilities.

Varthana Raises INR 159 Crore in Debt

Bengaluru-based NBFC Varthana, which finances affordable private schools, has secured INR 159 crore through debt funding from multiple financial institutions. The funds will support expansion into Tier 3 and 4 markets and further product innovation.

Green Aero Raises $1.6 Million in Seed Round

Climate-tech startup Green Aero, which develops energy-efficient solutions for aerospace and defence, has raised $1.6 million in a seed round led by Pi Ventures. The funding will be used to advance R&D and bolster the engineering team.

Belong Raises $5 Million to Serve NRI Users

Fintech startup Belong, focusing on financial services for non-resident Indians, has raised $5 million in a seed round led by Elevation Capital. The funds will go towards product development, regulatory compliance, and expanding customer acquisition globally.

JEH Aerospace Bags Strategic Investment from IndiGo Ventures

JEH Aerospace, specialising in precision aerospace manufacturing, has received a strategic investment from IndiGo Ventures. While the investment amount remains undisclosed, the funds will be used to scale up JEH’s domestic manufacturing of high-precision aerostructures and further India’s aerospace capabilities.

🗞️ Key News Highlights for 9 July 2025

Zepto Raising $500 Million at $7 Billion Valuation

According to a Moneycontrol report, quick-commerce unicorn Zepto is planning to raise $500 million at a $7 billion valuation. The round is expected to include both existing and new investors, significantly strengthening its competitive position in the instant grocery delivery space.

BlackBuck Receives INR 28.55 Lakh Tax Demand; Plans Name Change

Logistics platform BlackBuck (Zinka Logistics Solutions) has received a tax demand of INR 28.55 lakh for FY 2017–18 due to non-dedication of TDS, according to a notice from the Assistant Commissioner of Income Tax, Bengaluru, dated 7 July 2025. The company plans to appeal and does not expect any significant financial impact. It is also seeking regulatory approval to change its legal name to BlackBuck Limited to align with its brand identity.

U.S. Court Holds Byju Raveendran in Civil Contempt of Bankruptcy Orders

A U.S. bankruptcy court in Delaware has found Byju Raveendran, founder and CEO of BYJU’s, in civil contempt for repeatedly failing to comply with court orders related to BYJU’s U.S. unit, Byju’s Alpha. The court has imposed a $10,000 per day fine, effective from 1 July 2025, until he brings himself into full compliance.

Starlink Gets Final Regulatory Approval in India

Starlink, the satellite-internet arm of SpaceX, has received final regulatory approval from the Indian Government, having secured both the Department of Telecommunications (DoT) licence and the GMPCS licence from the telecom and space authorities. This clears the way for its commercial rollout in India.

Apple Appoints Sabih Khan, Indian-Origin, as New COO

Apple has officially confirmed that Sabih Khan, originally from Moradabad, Uttar Pradesh, and currently its Senior Vice‑President of Operations, will become the company’s new Chief Operating Officer later this month. He succeeds Jeff Williams, who will continue overseeing Apple Watch, design and health initiatives until his retirement later this year. Khan has been at Apple since 1995 and is credited with diversifying global supply chains and advancing sustainability efforts.

Goldman Sachs Appoints Former UK PM Rishi Sunak as Senior Adviser

Global investment bank Goldman Sachs has announced the appointment of former UK Prime Minister Rishi Sunak as a Senior Adviser, effective from 8 July 2025. Sunak, who previously worked at Goldman Sachs in London in the early 2000s, will provide strategic advice on global macroeconomic and geopolitical matters.

Daily Indian Funding Roundup & Key News – 8 July 2025

Here’s a quick look at the top startup funding deals and key business developments in India on 8 July 2025. From early-stage capital raises to major acquisitions and policy moves, here’s everything you need to know.

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Here’s a quick look at the top funding deals and key business developments in India on 8 July 2025. From early-stage capital raises to major acquisitions and policy moves, here’s everything you need to know.

Daily Indian Funding Digest – 8 July 2025

Linkrunner Raises INR 5 Cr Pre-Seed Led by Titan Capital

AI app analytics startup Linkrunner raised INR 5 crore in a pre-seed round led by Titan Capital, with Samir Sood and 2am VC also participating. Founded by Shreyans Sancheti and Darshil Rathod, the Bengaluru-based company will use the funds for hiring, product innovation, and market entry.

Qoruz Secures $500K from The Chennai Angels

Influencer marketing platform Qoruz raised $500,000 in a pre-Series A round led by The Chennai Angels. The Chennai startup, working with over 1,000 brands, will use the funds to grow its enterprise offerings and reach. It’s targeting $30M ARR by 2026.

Monetize360 Gets Strategic Backing from Abyro Capital

SaaS startup Monetize360 received an undisclosed investment from Abyro Capital. The firm’s platform helps enterprises manage complex pricing models with no-code tools. Funds will boost product development and global go-to-market efforts.

Sai Parenterals Raises INR 50 Cr for Expansion

Pharma company Sai Parenterals secured INR 50 crore in equity from Samarsh Capital, Vyom Partners, and Blue Lotus Capital. The capital will support global expansion, manufacturing scale-up, and acquisitions. MD Anil Karusala confirmed a focus on regulated markets.

Credit Wise Capital Raises INR 00 Cr Led by Trident Growth Partners

NBFC Credit Wise Capital raised INR 200 crore in its Series A round, led by Trident Growth Partners (INR 120 crore). Founded by Aalesh Avlani and Gurpreet Singh Sodhi, the firm plans to triple its AUM from INR 645 crore, grow lending in smaller towns, and enhance its tech stack.

Key News Highlights for 8 July 2025

IIT Madras Launches INR 200 Cr VC Fund

IIT Madras has launched an INR 200 crore venture fund to back deeptech startups founded by its alumni, students, and faculty. The fund aims to support 100 startups annually, with a vision of one IPO per month by 2032.

Adani Power Completes INR 4,000 Cr VIPL Acquisition

Adani Power has finalised its INR 4,000 crore acquisition of Vidarbha Industries Power. The deal adds 600 MW to Adani’s capacity, now totalling 18,150 MW, and aligns with its goal of reaching 30,000+ MW by 2030.

Capgemini to Acquire WNS for $3.3 Billion

French IT major Capgemini is acquiring Indian BPM firm WNS for $3.3 billion. The deal, offering a 17% premium to WNS shareholders, boosts Capgemini’s AI-led BPM capabilities and adds $1.2 billion in annual revenue.

Daily Indian Funding Roundup & Key News – 7 July 2025

Here’s your roundup for 7 July 2025: Khetika raises $18 million, BigBasket appoints a new CFO, and Jio-BlackRock collects ₹17,800 crore in its maiden mutual fund offer.

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Big moves and big money marked 7 July 2025. Khetika raised $18 million, BigBasket welcomed a new CFO, and Jio-BlackRock collected INR 17,800 crore in its first mutual fund offer. Here’s a quick look at all the key updates from the day.

Daily Indian Funding Digest – 7 July 2025

InPrime Finserv raised INR 50 Crore in Series A1

InPrime Finserv has raised INR 50 crore (~US $6.02 million) in a Series A1 round led by Pravega Ventures, with participation from Z47, InfoEdge Ventures, and Kettleborough VC.

Founded in 2021 by Sneh Thakur, Manish Raj, and Rajat Singh, the company focuses on providing credit to underserved “informal prime” customers, micro‑entrepreneurs, small retailers, and farmers. It has already served 7,500+ households and disbursed nearly INR 100 crore in loans. The round will help expand its reach across Bharat, targeting 50 locations over the next year.

WiseLife raised INR 8 Crore from Rukam Capital

WiseLife, a D2C wellness brand, has raised INR 8 crore in a Seed/Pre‑Series A round led by Rukam Capital. The company offers eco‑friendly yoga mats and fitness accessories, gained prominence via Shark Tank India Season 3, and has achieved nearly INR 9 crore in FY24 revenue. The new funding will support scaling distribution and product innovation.

Khetika secured  $18 Million in Series B

Mumbai-based clean-label food brand Khetika has secured $18 million (approx INR 153 crore) in its Series B round. The round was co-led by Narotam Sekhsaria Family Office and Anicut Capital, with continued participation from Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums. Funds will drive brand building, new manufacturing, product launches, and expansion into markets such as Europe, the Middle East, and the US.

Divine Hindu raised INR 1.56 Crore Seed round

D2C spiritual-lifestyle brand founded by Aniruddha and Anurodh Singhai, Divine Hindu has raised INR 1.56 crore in a Seed round. Investors include BeyondSeed, D2C Insider Super Angels, and Signal Ventures. The brand offers lab-tested spiritual products—Rudraksha, puja kits, brass idols and intends to expand across Indian e‑commerce and internationally while building a community around Hindu traditions.

AMAMA secured $1 Million in funding

AMAMA, the Delhi-based handcrafted jewellery label founded by Nikita Gupta, has raised $1 million in funding from Mistry Ventures LLP. AMAMA blends traditional craftsmanship with contemporary design. It plans to use the funds to scale operations, expand its design team, open four new stores (Mumbai, Ahmedabad, Delhi NCR), and explore international expansion.

Key News Highlights for 7 July 2025

Jio‑BlackRock Raises INR 17,800 Crore in Maiden Mutual Fund Offer

JioBlackRock Asset Management, the 50:50 JV between Jio Financial Services and BlackRock, has raised INR 17,800 crore (~$2.1 billion) via its debut NFO across three cash/debt schemes over a three-day window. The offer drew support from 90+ institutional and over 67,000 retail investors, catapulting the firm into the top 15 AMCs by debt AUM.

Square Yards to Raise INR 2,000 Crore via IPO at ₹15.2 Billion Valuation

Real estate platform Square Yards plans to raise INR 2,000 crore through an IPO, valuing the company at approximately $1.5-2 billion. First reported by Entrackr, the capital raise aims to drive product investments, geographic expansion, and strengthen its technology platform. (Note: Details first reported by Entrackr on 7 July 2025.)

Incuspaze Acquires Real‑Estate Analytics Firm VSKOUT

Workspace solutions provider Incuspaze has acquired VSKOUT, a SaaS platform for commercial real estate analytics, via a cash and equity-swap deal. The merger marries Incuspaze’s 50-location, 4 million sq ft footprint with VSKOUT’s data intelligence, aiming to enhance site selection for enterprises and GCCs.

Bombay High Court Quashes INR 170 Crore GST Demand Against Go Digit

The Bombay High Court has set aside an INR 170.29 crore GST demand (INR 154.8 crore in tax, INR 15.48 crore in penalties) previously issued to Go Digit General Insurance, ordering a fresh adjudication in line with GST Council guidance. The ruling is seen as significant for the broader insurance sector and carries no immediate financial impact.

bigbasket Appoints Manish Bajoria as Chief Financial Officer

Tata‑backed online grocer bigbasket has appointed Manish Bajoria as its new Chief Financial Officer. Bajoria brings over 20 years of experience, including leadership roles at Amazon, Hindustan Unilever, and, most recently Vini Cosmetics, and begins his tenure during BigBasket’s expansion into quick-commerce and smaller cities.

Eternal Appoints Aditya Mangla as Food Delivery CEO

Eternal (formerly Zomato) has appointed Aditya Mangla as CEO of its food‑ordering and delivery business, succeeding Rakesh Ranjan. Mangla, who joined in March 2021, has previously led supply, product, and customer‑experience functions.

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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India’s corporate and startup ecosystem witnessed a mix of strategic moves, regulatory updates, and investor activity on 4 July 2025. While no startup funding rounds were disclosed today, developments like NoPaperForms preparing for a public listing, Citigroup offloading Swiggy shares, and Lenskart backing deep-tech innovation kept the day eventful. Here are the top business and startup highlights.

Info Edge‑backed NoPaperForms converts into a public company

NoPaperForms Solutions Private Limited, backed by Info Edge and parent of Meritto, has officially converted into a public limited company. The board has approved renaming it to NoPaperForms Solutions Limited, paving the way for a potential INR 500–600 crore IPO by the end of 2025.

Citigroup sells INR 12.2 crore worth of Swiggy shares to BNP Paribas

Citigroup Global Markets sold 3.2 lakh Swiggy shares at INR 381 each in a block deal to BNP Paribas Financial Markets, totalling approximately INR 12.2 crore. The transaction occurred today via BSE’s bulk deal platform.

Lenskart invests in Mumbai‑based AjnaLens to build smart glasses

IPO‑bound Lenskart has made an undisclosed strategic investment in deep‑tech startup AjnaLens, headquartered in Mumbai. The partnership aims to co‑develop AI-powered smart glasses, leveraging Lenskart’s engineering prowess and AjnaLens’ XR expertise.

BlackBuck subsidiary receives PPI licence from RBI

TZF Logistics Solutions Pvt Ltd, the wholly owned subsidiary of BlackBuck, has been granted a Prepaid Payment Instrument (PPI) licence by the RBI. This licence enables TZF to issue digital wallets aimed at simplifying payments for logistics players.

EaseMyTrip co‑founder Prashant Pitti pledges ₹95 crore in shares

Prashant Pitti, co‑founder and executive director of EaseMyTrip, has pledged 9 crore shares (worth approximately INR 95 crore) to Motilal Oswal Financial Services, per a filing made on 26 June 2025. The pledge is intended for personal use.

Yum! Brands to mediate merger of Devyani & Sapphire franchisees

Parent company Yum! Brands is reportedly facilitating a proposed merger between its Indian franchisees, Devyani International and Sapphire Foods. The deal could involve a 1:3 share swap, consolidating KFC and Pizza Hut operations under Devyani to boost synergies amid slowing growth. Initial clarification from both firms indicates “no material event” at this stage.

Daily Indian Funding Roundup & Key News – 3 July 2025

Meesho files for IPO, GobbleCube secures $3.5M, Microsoft cuts jobs, and more key startup and funding news from India on 3 July 2025.

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