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More than half of the capital raised by India's leading under-30 entrepreneurs is being deployed towards product development and market expansion, reflecting a growing focus on building sustainable businesses, according to a report released on Wednesday. "But what truly sets this generation apart is not the scale of capital they have raised, it is the discipline with which they are deploying it. Over 50 per cent of all funds raised are going directly into product development and market expansion," said Anas Rahman Junaid, founder and chief researcher at Hurun India. "These are founders who are not building for the next funding round; they are building for the next decade. In a world that often celebrates the raise, this cohort is quietly focused on the result," Junaid added. According to the report, funding deployed by companies on the Avendus Wealth-Hurun India U30 List 2026 is primarily directed towards growth and expansion, with product development accounting for 27 per cent of .
Indus Valley, a toxin-free kitchenware brand, on Tuesday said it has raised USD 17 million (about Rs 161 crore) in a funding round led by private equity firm Gaja Capital. TheSeries B funding round also included participation from existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels, the Chennai-based firm said in a statement. "This investment will help us accelerate product innovation, strengthen our omnichannel distribution, deepen our brand presence, and expand our leadership across safer kitchen categories," Jagadeesh Kumar co-founder and CEO of The Indus Valley said. DSG Consumer Partners MD & Head of India Hariharan Premkumar said the investment will deepen product and distribution capabilities. Founded in 2016 by Jagadeesh Kumar and Madhumitha Uday Kumar, Indus Valley is a cookware company which offers toxin-free, non-coated cookware solutions across cast iron, iron, stainless steel, triply cookware, and pressure cookers.
Rekise Marine, the Indian marine robotics company engaged in building autonomous ships and submarines, has raised USD 9.7 million (about Rs 92 crore) in seed funding led by Accel and NKSquared, entrepreneur Nikhil Kamath's investment firm. The round also saw participation from Sameer Brij Verma and Sandeep Singhal, Industrial47 and Singularity AMC, a slew of prominent corporate leaders, alongside the company's founders and several family offices, according to a release. "Rekise Marine raises USD 9.7 million led by Accel and Nikhil Kamath to help build India's autonomous naval fleet," it added. Founded by naval architect Maitrai Maka and created around the belief that autonomy would fundamentally reshape the maritime domain, Rekise develops autonomous surface and underwater vessels through a full-stack strategy that combines vessel design, systems integration and autonomy software developed in-house. Its software platform powers vessels of every class, from small man-portable vessel
Health and wellness e-commerce platform HyugaLife has raised Rs 100 crore in a Series A funding round led by venture capital firm IvyCap Ventures. The funding round also saw participation from First Bridge Fund. The fresh capital will be utilised to strengthen the platform's AI-powered personalisation capabilities, expand its dark store network for faster deliveries, and establish an offline retail presence, the company said in a statement. HyugaLife operates as a marketplace for proteins, supplements, and health foods. The platform sources directly from brands-eliminating third-party sellers-and conducts independent lab tests for nutrition and heavy metals. The startup, which counts Indian cricketer KL Rahul among its key investors, currently lists over 10,000 products from more than 450 brands. "India's protein and supplements market has a trust problem, and HyugaLife was built to address it. We're doubling down on our authenticity guarantee by expanding lab-tested offerings,