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Exclusive: Palmonas Set to Raise Rs 200 Cr at 4X Valuation Premium

Palmonas, the demi‑fine jewellery startup, is set to raise Rs 200 crore ($22 m) in a Series B round led by XPONENTIA Capital, with Vertex Ventures also participating. The fundraise will lift the company’s post‑money valuation to roughly Rs 1,950 crore ($217 m), a 3.8‑times increase from...

D2C Brand Basil Raises $2 Mn in Pre-Series A Led by Prime Venture Partners

Basil, a direct‑to‑consumer kids‑essentials platform, secured $2 million in a pre‑Series A round led by Prime Venture Partners, with participation from existing backers Appreciate Capital and IIMA Ventures. The funding follows a 2024 seed raise of Rs 3.6 crore and will finance category expansion,...

Semiconductor Startup optoML Raises $1.8 Mn in Pre-Series A Round

Semiconductor startup optoML announced a $1.8 million pre‑Series A round led by Bluehill.VC and A99. The capital will fund hiring and the development of its next‑generation AI chips after completing a 12 nm tape‑out with TSMC. optoML’s analog‑in‑memory compute architecture, paired with optical...

Hycosys Raises Seed Round Led by MountTech Growth Fund’s Kavachh

Hycosys, a Bengaluru‑based deep‑tech engineering startup, secured over $1 million in seed funding led by MountTech Growth Fund – Kavachh, following a $88.4 K pre‑seed round. The capital will fund engineering hires, advanced testing facilities, and the development of a micro gas...

Urban Company’s InstaHelp Hits 50,000 Daily Bookings

Urban Company’s instant‑service housekeeping arm InstaHelp recorded 50,520 bookings on Feb 22, 2026, surpassing the 50,000‑a‑day milestone less than a year after its pilot launch. The surge positions the vertical to exceed 1.5 million monthly bookings, contributing Rs 6.8 crore in revenue and Rs 28 crore in...

B2B SaaS Platform Mojro Raises $3 Mn Led by IAN Alpha Fund

Mojro, a B2B SaaS platform for logistics planning, secured $3 million in a round led by IAN Alpha Fund, with participation from 1Crowd and existing backers. The capital will fund expansion into the United States and Southeast Asia, as well as...

Deeptech IoT Startup DATOMS Raises Rs 25 Cr in Series A Led by Big Capital JSC

Indian deep‑tech IoT startup DATOMS closed a Rs 25 crore ($2.76 million) Series A round led by Big Capital JSC, with participation from IvyCap Ventures and a follow‑on from YourNest VC. The funding values the company at roughly Rs 110 crore ($12.2 million) post‑money. DATOMS will use...

D2C Lifestyle Brand DailyObjects Posts Rs 110 Cr Revenue in FY25

DailyObjects, the Indian D2C tech‑accessories brand, posted Rs 110 crore revenue for FY25, a 31% increase over the prior year. The surge in sales was offset by a 60% jump in net loss, which rose to Rs 16 crore as total expenses climbed 30%...

The ePlane Company Plans $40–50 Mn Funding in Series C Round: Report

Electric aircraft startup The ePlane Company announced plans to raise between $40 million and $50 million in a Series C round. The financing, co‑led by Speciale Invest, will combine equity and convertible instruments and bring total capital raised to roughly...

UNIVEST Unveils Mutual Fund Advisory Vision at Wealth Multiplier Summit 2026

Univest, the advisory‑first broking superapp, hosted the Wealth Multiplier Summit 2026 in Delhi, unveiling its entry into mutual‑fund advisory. The event, backed by HDFC Mutual Fund and Mirae Asset, gathered regulators, asset managers and SEBI‑registered research analysts to discuss market...

General Catalyst to Invest $5 Bn in India in Next Five Years

US venture capital firm General Catalyst announced a $5 billion investment plan for India over the next five years, unveiled at the India AI Impact Summit. The capital will be allocated across artificial intelligence, healthcare, fintech, defence and industrial technology, and...

Exclusive: Euler Motors Plans $25 Mn Debt in Tranches

Euler Motors, the Hero MotoCorp‑backed electric three‑wheeler maker, announced a plan to raise up to ₹220 crore ($25 million) through a debt round structured in multiple tranches. The first tranche will issue ₹105 crore of non‑convertible debentures, led by BlackSoil Capital with participation...

Razorpay and NPCI Bring Agentic Payments to Claude at India AI Impact Summit

Razorpay and India’s National Payments Corporation (NPCI) have partnered with Anthropic’s Claude to launch Agentic Payments, a pilot that lets users complete purchases from Zomato, Swiggy and Zepto directly within a conversational AI interface. The solution combines Razorpay’s UPI‑based Reserve...

CityMall Reports Rs 534 Cr Revenue in FY25; Flour, Sugar, Oil, and Ghee Form 40%

CityMall posted Rs 534 crore in operating revenue for FY25, a 25% year‑on‑year increase driven largely by grocery sales. Product sales accounted for 96% of revenue, with staples such as atta, sugar, oil and ghee contributing 39% of total product...

Lending Infra Startup Roopya Raises Seed Round Led by IPV

Roopya, a SaaS‑based lending infrastructure startup, secured a Rs 4 crore seed round led by Inflection Point Ventures. The platform offers a no‑code, AI‑powered Lending‑as‑a‑Service stack that lets NBFCs and fintech lenders launch loan products in four to six days. Roopya currently...

NODWIN Gaming Offloads Full Stake in EVO to RTS

NODWIN Gaming has sold its entire stake in the Evolution Championship Series (EVO) to RTS, marking a strategic portfolio realignment. While exiting ownership, NODWIN will remain a long‑term regional partner to help expand EVO into emerging markets. The move follows...

Progcap Nearly Doubles Revenue to Rs 268 Cr in FY25; Nears Breakeven

Progcap, the Tiger Global‑backed fintech, nearly doubled its FY25 revenue to Rs 268 crore, a 93% jump from the prior year. The firm slashed its net loss by 87% to Rs 6 crore and posted a positive EBITDA of Rs 75 crore, delivering a 28% margin....

Klassroom Files DRHP for SME IPO; Revenue Jumps 120% in FY25

Klassroom, the AI‑enabled edtech startup, has filed a Draft Red Herring Prospectus with SEBI to launch an IPO on the BSE SME platform, offering a blend of fresh equity and an offer‑for‑sale by existing shareholders. The proceeds are earmarked for...

AI Apps Building Platform Portkey Raises $15 Mn in Series A Led by Elevation

Exclusive: Sweet Karam Coffee to Top up Series A at 85% Valuation Premium

Exclusive: GIVA Raising $12 Mn in Extended Series C Round

Pluto Mobility Raises $2 Mn in Seed Round

Exclusive: StockGro Set to Raise $15 Mn Led by Tawuniya

Zypp Electric Revenue Grows 50% in FY25; Losses Stands at Rs 107 Cr

Zypp Electric reported FY25 revenue of Rs 438 crore, a 50% year‑on‑year increase, driven largely by its delivery‑service segment which now accounts for 74% of earnings. Despite the top‑line surge, total expenses rose 42%, pushing the loss to Rs 107.5 crore, wider than the...

Truboard Partners Raises Rs 20 Cr Led by Earth Fund

Asset performance platform Truboard Partners announced a Rs 20 crore ($2.2 million) funding round led by Earth Fund, adding to its prior $2.7 million raise in 2022. The capital will be deployed to reinforce its AI‑driven software foundation and scale the solution across real‑estate...

Drug Discovery Platform Peptris Raises Rs 70 Cr in Series A Round

Peptris, a Bengaluru‑based AI drug‑discovery startup, closed a Rs 70 crore ($7.7 million) Series A round co‑led by IAN Alpha Fund and Speciale Invest. The capital will accelerate its pipeline, moving novel chemical entities and repurposing programs toward clinical readiness within 24 months. Peptris’ platform...

PE Fund ValueQuest Raises Rs 1,500 Cr From Domestic LPs

ValueQuest Investment Advisors closed a Rs 1,500‑crore private‑equity fund, surpassing its target and activating a Rs 500‑crore greenshoe. The 100% rupee‑denominated fund will back 8‑12 advanced‑manufacturing companies in aerospace, defence and energy transition, with cheque sizes of Rs 150‑400 crore and deployment slated for...

Fabless Semiconductor Startup Vervesemi Raises $10 Mn in Series A Round

Fabless semiconductor startup Vervesemi announced a $10 million Series A round co‑led by Ashish Kacholia and Unicorn India Ventures, with participation from Roots Ventures, Caperize Fina, and MAIQ Growth Scheme. The funding will accelerate commercialization of its machine‑learning‑enhanced analog signal‑chain ICs, expand...

Artociti Raises Rs 1 Cr on Shark Tank India at Rs 13.33 Cr Valuation

Artociti, a Bokaro‑based 3D wall‑art startup, secured Rs 1 crore on Shark Tank India in exchange for a 7.5% stake, placing its post‑money valuation at roughly Rs 13.33 crore. The funding, provided by investors Namita Thapar and Vineeta Singh, will finance a new manufacturing...

GoBoult Posts Rs 763 Cr Revenue, Profit Shoots up 10X

GoBoult Audio reported FY25 revenue of Rs 763 crore, a 10% increase over the prior year, while its net profit exploded to Rs 24 crore, a ten‑fold jump. The company achieved this by tightening cost controls, cutting material expenses by 2.7% and managing overhead...

Yatra’s Promoter Sells 1.8% Stake for Rs 45 Cr in Bulk Deal

AI Consulting Startup Navikenz Raises $7.5 Mn Led by Sekar PRC and Sudip Nandy

Navikenz, a Noida‑based AI consulting firm, closed a $7.5 million funding round led by Sekar PRC and Sudip Nandy, adding to a prior $8 million raise. The capital will fund team expansion and further development of its AI platforms, including RetailBOT and...

Fibe Crosses Rs 1,200 Cr Revenue in FY25; Profit Spikes 13%

Fibe, the former EarlySalary, posted FY25 operating revenue of Rs 1,228 crore, a 49% increase from the prior year, while net profit rose 13% to Rs 114 crore. Interest on loans remained the dominant revenue stream, exceeding Rs 1,000 crore and representing over...

Equirus InnovateX Fund Announces Final Close of B2B Tech Fund at Rs 166 Cr

Equirus InnovateX Fund (EIF) announced the final close of its maiden B2B tech fund at Rs 166 crore, a SEBI‑registered Category I AIF targeting seed to pre‑Series A investments. The fund focuses on deep‑tech, SaaS and fintech startups that have a product but are...

Udtara Ventures Announces Rs 250 Cr Growth Fund

Udtara Ventures has launched a Rs 250 crore Udtara Growth Fund aimed at taking sizable ownership stakes in defence, deep‑tech and frontier engineering firms. The fund will back 8‑10 growth‑stage companies with proven product‑market fit and existing order books, using a blend...

Razorpay Becomes India Payments Partner for Replit’s Global AI Platform

Razorpay and Replit have partnered to embed Razorpay’s payments stack into Replit’s AI development platform for Indian users. The integration, currently in beta, lets Indian developers pay for Replit subscriptions in INR using UPI and cards, and enables AI‑built products...

Edtech Startup Beep Raises $850K in Pre-Series A Round

Edtech startup Beep announced an $850,000 pre‑Series A round, bringing its total funding to $1.5 million. The round was led by Knowhere Ventures, Pacific Global Solutions, and LeadAngels FLV, with participation from angel investors. Beep plans to scale its user base...

Intrinsic Foundries Raises Rs 12 Cr in Seed Round Led by Transition VC

Intrinsic Foundries, a carbon‑to‑value biomanufacturing startup, announced a Rs 12 crore (≈$1.4 million) seed round led by Transition VC. The capital will fund industrial pilots, expand R&D, secure intellectual property, and set up a U.S. entity for global market reach. The Hazaribagh‑based firm uses...

HomeRun Raises Rs 60 Cr in Series A Led by Sorin Investments

HomeRun, a Bengaluru‑based on‑demand platform for construction and interior materials, announced a Rs 60 crore ($6.6 million) Series A funding round. The round was led by Sorin Investments, which contributed Rs 40 crore, with participation from Titan Capital Winners Fund, Sparrow Capital, Consumer Collective by Atrium...

RBI Approves Rajan Bajaj as MD and CEO of Slice

Fintech firm Slice announced that its founder Rajan Bajaj has been appointed Managing Director and Chief Executive Officer, with the appointment cleared by the board, shareholders and the Reserve Bank of India. Bajaj, who previously served as Executive Director, steered Slice...

Exclusive: Tiger Global-Backed Kutumb Enters Gay Dating Space with Polo

Bengaluru‑based Kutumb has entered the LGBTQ+ dating market with Polo, a new gay‑focused app now live on Google Play. Polo offers selfie‑based verification, AI‑driven matchmaking, instant messaging and audio‑video calls, plus private photo albums and interest filters. The launch follows...

LocalHost Raises $2.5 Mn From InVideo, RedBull India, and Others

LocalHost, a startup launchpad, secured $2.5 million in an angel round led by InVideo, RedBull India, Anthropic and Eros International. The capital will fund expansion of its global founder labs, bolstering hardware infrastructure and scaling operational teams across regions. Existing labs...

EaseMyTrip to Raise Rs 500 Cr to Scale Hotels and Holidays Biz

EaseMyTrip, one of India’s leading online travel platforms, announced plans to raise up to Rs 500 crore through a rights issue, QIP or other approved methods. The capital will be used to deepen its hotel and holiday‑package business, upgrade technology, and pursue...

Wealthtech Startup Otto Money Raises $1.3 Mn Led by Pravega Ventures

Wealthtech startup Otto Money announced a $1.3 million pre‑seed round led by Pravega Ventures, with participation from several angel investors. The funding will be deployed over the next 12‑18 months to bolster AI models, expand personalization and goal‑based advisory features, and...

DailyRounds Delivers Rs 363 Cr Profit on Rs 641 Cr Revenue in FY25

DailyRounds posted a Rs 363 crore profit on Rs 641 crore operating revenue for FY25, marking a 13% rise in both profit and revenue from FY24. The company’s flagship subscription platform Marrow contributed 88% of revenue, while non‑operating income added Rs 132 crore....

Nester Secures Pre-Series A Round From Fireside Ventures and OTP Ventures

Homeware startup Nester secured Rs 19 crore in a pre‑Series A round co‑led by Firescale Ventures and OTP Ventures, with participation from Sadev Ventures and Titan Capital. The capital will fund deep consumer‑pain research and accelerate the development of design‑first, technology‑driven kitchen and...

BigHaat Raises $10 Mn Led by OCP Group’s Arm Bidra Innovation

Indian agri‑tech platform BigHaat secured $10 million in a funding round led by Bidra Innovation Ventures, the U.S. VC arm of global fertilizer giant OCP Group. Existing backers JM Financial and Ashish Kacholia also participated, bringing total funding to roughly Rs 300 crore....

HUL-Owned Minimalist Revenue Spikes 48% to Rs 515 Cr in FY25

Hindustan Unilever‑owned Minimalist posted a 48% jump in operating revenue, reaching Rs 514.8 crore in FY25, surpassing the Rs 500 crore mark. The brand’s expenses rose 51% to Rs 504 crore, driven by higher advertising spend and material costs, yet EBITDA remained positive at Rs 18 crore. A...

EximPe Gets Final PA-CB Licence to Process UPI Cross-Border Payments

EximPe, a cross‑border payment startup, has secured the Reserve Bank of India’s final Payment Aggregator Cross‑Border (PA‑CB) licence. The authorisation lets the firm enable global merchants to collect Indian consumer payments via UPI, cards, wallets and other methods, with settlements...