Page 3 - Start Ups

Rekise Marine raises $9.7 mn, led by Nikhil Kamath's firm and Accel

Marine robotics startup Rekise Marine has raised $9.7 million in a seed round led by Accel and Nikhil Kamath's NKSquared to expand autonomous naval platforms

Equal AI raises $30 mn to expand AI-powered assistant platform in India

The Series B round, co-led by Prosus Ventures and Tomales Bay Capital, will support the expansion of Equal AI's voice-based assistant and lifestyle services

Coram AI raises $35 million to bring autonomous tech to security

The startup, founded by former Lyft self-driving executives, plans to expand its India engineering team as demand grows for AI-powered physical security solutions

Ethereal Machines raises $28.5 mn in Series B round led by Avataar Ventures

The Bengaluru-based deep-tech startup will use the capital to expand precision manufacturing capacity, build a mega factory and strengthen its presence in global aerospace and defence markets

Defence, space-tech startups move beyond metros for testing, manufacturing

As defence and space-tech ventures move from design to deployment, many are expanding testing, manufacturing and training operations into smaller cities to access land, airspace and lower costs

The CA who went home and built a Rs 1,176 cr rural e-commerce startup

Prasanna Kumar walked away from the corporate life to solve the supply chain problem he saw as a child and built VilCart - an e-com startup for 100,000 kirana stores across rural South India

9 Indian cos join WEF's Tech Pioneers cohort of 100 early-stage startups

India has contributed nine companies, many focused on deep-tech and space innovation, while the Republic of Korea records its strongest representation to date across AI, robotics and quantum technolog

Zoho enters hardware segment with launch of made-in-India Nathu La server

The company's first indigenously designed server platform is aimed at reducing costs, improving performance and strengthening technology self-reliance

Hoola Health raises $5 million led by Peak XV's Surge to fuel expansion

The health-tech startup plans to use the funds to expand its clinic network, strengthen technology capabilities and scale its integrated paediatric care model

ED summoned Zepto's Aadit Palicha, Kaivalya Vohra over FEMA compliance

Zepto's updated IPO papers show founders Aadit Palicha and Kaivalya Vohra received ED summons under FEMA, with the company also flagging regulatory risks to investors

Zepto closes in on Blinkit in scale but profitability remains elusive

Zepto's IPO filing shows the company has emerged as Blinkit's closest challenger in quick commerce, although heavy investments in expansion continue to weigh on profitability

ED summoned Zepto founders in April under Fema ahead of IPO, UDRHP reveals

The UDRHP revealed ED asked Zepto's founders to provide information related to foreign and overseas investments, audited financial statements since FY21, shareholding patterns, loans and guarantees.

AI startup TrueFan raises $10 million led by Baring PE India, Z3Partners

TrueFan AI raised $10 million to expand globally and scale its enterprise video-generation platform powered by AI avatars and automation

Coralogix raises $200 million as AI drives demand for observability tools

The data and AI platform said the Series F round values the growing role of monitoring software in managing increasingly complex AI workloads

Aquapulse raises ₹45 crore to expand tech-led shrimp farming network

The funding from NABVENTURES and IAN Alpha Fund will help Aquapulse expand farm technology, procurement networks, processing capacity and seafood exports

EV maker Simple Energy plans FY28 IPO; eyes ₹3,000 cr revenue by FY30

Bengaluru-based electric two-wheeler maker raises Rs 250 crore in Series B funding and plans capacity expansion as it targets a public listing in the second half of FY28

Fintechs seek 'safe harbour' provision as regulatory waters turn choppy

The fintech and payments industry is preparing a proposal for RBI seeking safe harbour provisions to protect compliant licensed entities from liabilities and retrospective regulatory action

From hyperloop to orbit: The IIT alumni who want to see through clouds

GalaxEye founder Suyash Singh and his co-founders spent five years building Drishti, a satellite that sees through clouds even at night, and which was launched earlier this month on a SpaceX rocket

'Pronto's use of customer data early test of DPDP Act implementation'

India's data-protection framework offers some guardrails but leaves wide room for interpretation in how those rules apply to AI training

Coffee chain abcoffee raises ₹61 crore in pre-Series B funding round

Homegrown coffee chain abcoffee will use the fresh capital to expand across key urban markets and strengthen technology, operations and customer engagement