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QOSMIC, a Bengaluru-based deep-tech company building optical communication infrastructure for space, said on Wednesday that it raised USD 3.33 million in a seed funding round. The funding will accelerate the company's work to build the data layer of the space economy, the network that carries information between satellites, orbital data centres, and the ground network. In a statement, Shreyaans Jain, co-founder and CEO of the company, said, "The next decade of the space economy will be defined by data. Satellites are becoming exponentially more capable, but the infrastructure connecting them to Earth has not kept pace." "We believe optical communications will become as fundamental to space infrastructure as fibre optics became to the internet. This funding enables us to accelerate that transition and build the connectivity layer that the next generation of space applications will rely on," he added. Founded in 2025, QOSMIC is building laser-based communication systems that enable .
Rural-focused microfinance institution Sindhuja Microcredit on Monday said it has raised USD 5 million (Rs 47 crore) in a pre-series D funding round from its existing investors. The funding round saw participation from Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit, the company said in a statement. The Noida-headquartered NBFC-MFI will utilise the fresh capital to strengthen its capital base, support business expansion, and scale up access to credit for underserved communities. "We are making significant progress in our mission in touching the lives of low-income women borrowers from under-served households as well as in making financial services accessible to the financially excluded and MSME entrepreneurs through efficient, customer-friendly and technology-enabled solutions," Sindhuja Microcredit Co-Founders Abhisheka Kumar and Malkit Singh Didyala said in a joint statement. "The latest funds will drive us to the next phase of growth by further expand
Burger Singh has raised Rs 82 crore in a funding round led by venture capital firm Artal Asia Pte Ltd, at a valuation of Rs 520 crore. The Series B funding round also saw participation from new and existing investors, including Negen Undiscovered Value Fund, and Aurum Rising India Fund, the company said in a statement. "The company will use the fresh capital to strengthen the systems, processes, and infrastructure required to build India's most scalable franchise-first restaurant growth platform. "The new funding will be used to deepen the company's franchise engine across store design, training systems, operating manuals, supply chain integration, technology, and on-ground market support, with the goal of making restaurant entrepreneurship in India more structured, scalable, and repeatable," the company said. Burger Singh recorded a revenue of Rs 117 crore in FY25. Founded in 2014 in Gurugram, the company has grown to 200+ outlets across 100+ cities, including Delhi-NCR, Mumbai,
Juniper Green Energy on Monday said it has raised Rs 2,039 crore in debt financing from marquee global and national financial institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure. In addition, Juniper Green Energy has expanded its non-fund-based limits with Federal Bank and Axis Bank, a company statement said. According to the statement, Juniper Green Energy Ltd on Tuesday announced it has successfully secured Rs 2,039 crore in debt financing from marquee global and national financial institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure for growth and development of upcoming renewable projects of Juniper Green Energy and its subsidiaries. This round of financing follows Juniper Green Energy's successful Rs 1,739 crores debt raise in August 2025 from the Indian Renewable Energy Development Agency Ltd (IREDA). The National Bank for Financing Infrastructure and Development (NaBFID) has provided debt financing of Rs 566 crore for the company's
State-owned infra financing institution Housing and Urban Development Corporation Ltd (Hudco) is in talks with multilateral development banks, including ADB, and institutions to mobilise USD 1 billion to fund infra projects in the country, its Chairman and Managing Director Sanjay Kulshreshta said. "We are in advanced discussion with KfW (Germany's state-owned development bank) to raise USD 200 million," he told PTI. Besides, the company is in talks with multilateral development banks like the Asian Development Bank for a loan of USD 500 million and USD 200-300 million from the Asian Infrastructure Investment Bank in the current financial year, he said. "We are hoping to finalise these fundraises of about USD 1 billion during the current financial year for on-lending to infrastructure projects," he added. Foreign funding will not only diversify the resource-raising stream but also bring down the cost of funds, he said. Further elaborating on the company's initiative to achieve bet