Page 11 - Start Ups

EVeez raises $5.4 mn to expand electric mobility services for gig workers

EVeez secures $5.4 million in Series A funding to scale its electric two-wheeler subscription service, targeting gig workers across India

AI platform iTuring raises $5 million Series A for financial services push

iTuring.ai, an AI platform targeting the BFSI sector, raises $5 million in Series A funding led by Dallas Venture Capital and Mela Ventures to expand product development

Retail chain SuperK raises Rs 100 cr from Binny Bansal, Sacheti and others

Company to use Series B funding to expand its tech-driven franchise network in 300 towns

EV startup MATTER launches ₹1.93 lakh Aera 5000+ e-bike, eyes IPO

Ahmedabad-based MATTER aims to disrupt the 150-200cc bike segment with its Aera 5000+, backed by global investors and planning a $200 million fundraising and public listing

AI demo firm Olto raises $5.1 mn from Nexus, The General Partnership

San Francisco-based AI startup Olto secured $5.1 mn in a pre-seed round co-led by Nexus Venture Partners and The General Partnership to automate and personalise B2B demos

Gupshup raises $60 million to expand Conversational AI capabilities

Gupshup raised over $60 million in equity and debt funding from Globespan and EvolutionX to scale its Conversational AI platform and grow across high-potential markets

AI-first startups challenge India's $300 billion IT services giants

Venture capital pours into companies like Atomicwork and Nurix AI as autonomous agents promise to reshape enterprise workflows and force legacy players to adapt

Gaming firm MPL bets on AI to boost development cycles, write code faster

When it comes to changing the workflows or pushing minor features, the gaming company is encouraging its developers to outsource repetitive tasks to an AI agent or code editors

Inbound Aerospace raises $1 mn pre-seed round led by Speciale Invest

Space tech startup will use capital for developing autonomous reusable re-entry vehicles

Edtech firm PhysicsWallah launches AI model Aryabhata 1.0 for JEE Mains

PhysicsWallah introduces Aryabhata 1.0, a small language model aimed at supporting mathematics learning for competitive exams like JEE Mains, marking its entry into AI-driven educational tools

EduFund secures $6 million in Series A round to expand beyond metro cities

EduFund has raised $6 mn in a Series A round. The funding will support its expansion into Tier-I and Tier-II cities, with new AI tools and expanded loan offerings

Fintech firm PayU India to invest $120 mn by end of FY26, say senior exec

The credit business is expected to get an investment of $50-$60 million. PayU is considering another $60-$70 million infusion in payments infrastructure firm Mindgate Solutions

Brigade Hotel Ventures plans to launch ₹749.6 crore IPO on July 24

The offer will remain open until July 28, with anchor investor bidding set to begin a day earlier on July 23, as per the company's RHP

Byju's founders plan $2.5 billion lawsuit against investors, lenders

Education startup's creators blame financial backers for the company's collapse from $22 billion valuation to insolvency

Startup coalition builds IPO runway for 40 firms eyeing $90 bn market

Startup Policy Forum launches Centre for New-Age Public Companies to guide tech firms through IPOs as India's markets attract listings worth over $90 billion

10 years of CSC 2.0: Taking AI to villages, one CSC entrepreneur at a time

The training will be conducted under the IndiaAI Mission, which aims to equip nearly 1 million individuals with AI-related skills, Vaishnaw said

QpiAI raises $32 million from Avataar, NQM to build quantum computers

Bengaluru-based QpiAI raises $32 million to build utility-scale quantum systems as India pushes ahead in emerging technologies through public and private backing

OYO's Ritesh Agarwal invests in luxury fashion startup Culture Circle

With 1 million monthly users, Culture Circle eyes global expansion and retail growth after raising fresh funds from Ritesh Agarwal at over ₹100 crore valuation

EximPe secures in-principle nod for cross-border payment aggregator licence

EximPe gains RBI's in-principle approval for a cross-border payment aggregator licence, plans to expand 10x by FY26 and enhance services for SMEs and B2B trade in Asia

AI video platform Trupeer raises ₹25.8 crore from RTP Global, others

The funding round also saw participation from Salesforce Ventures and a consortium of over 20 CIO and CTO angel investors from Fortune 500 companies, Trupeer said