Page 5 - Start Ups

Axiado raises over $100 million to scale AI-driven security globally

Digital infrastructure security firm Axiado has raised over $100 million in an oversubscribed Series C+ round to expand globally, deepen India-based R&D

PowerUp Money raises over ₹107 crore in funding from Peak XV, others

Over the next three years, the company targets onboarding 10 million users to further cement its position in shaping the future of retail wealth management in India

Oben Electric raises ₹85 crore, targets ₹100 crore revenue in FY26

Oben Electric raises ₹85 crore in a pre-Series B round to scale showrooms, boost brand reach and accelerate product launches as it targets break-even by FY27

Speciale Invest plans ₹1,400 cr Growth Fund II for India's deep-tech scale

The deep-tech-focused venture firm plans to raise ₹1,400 crore for its second growth fund to back companies from Series A, betting India's ecosystem is shifting from research to execution

Quick commerce unicorn Zepto may file its draft IPO papers in 7-8 days

The size of the IPO is likely to be about $500 million, according to a Bloomberg report

Space tech company Digantara raises $50 million in Series B funding

Space tech firm Digantara raises $50 million in Series B to expand globally, scale manufacturing and build full-stack space surveillance and intelligence capabilities

EV startup Evera Cabs to deploy 4,000 BluSmart cars on its platform

Earlier this year, commercial driver management platform Signodrive Technologies leased the fleet of 4,000 vehicles from Gensol Engineering under an insolvency resolution process

India's Digantara raises $50 mn to boost indigenous space surveillance

The Bengaluru-based startup, backed by Peak XV Partners and Kalaari Capital, secured funds from large investors including SBI Holdings Japan, 360 One Asset, and film producer Ronnie Screwvala

Right4Paws raises ₹14 crore in Series A round; eyes exports to EU

Right4Paws also plans to onboard specialised talent, introduce new product categories across functional and life-stage nutrition, and expand its distribution footprint across Indian markets

Edtech firm Aakash seeks RBI clarity on funding used in rights issue

Edtech firm Aakash had approached National Company Law Tribunal (NCLT) in the interest of all stakeholders, as it was unable to utilise the funds received from TLPL

Moxie Beauty raises $15 mn in Series A led by Bessemer Venture Partners

The fast-growing haircare brand plans to expand product development and distribution as demand rises for India-specific, salon-grade formulations

Licious crosses ₹100 crore monthly revenue mark for the first time

Omnichannel expansion and repeat demand fuel the meat retailer's post-pandemic growth rebound

Sisir Radar bags $7 million Series A to launch India's private SAR by 2026

Kolkata-based Sisir Radar has raised $7 million in a Series A led by 360 ONE Asset. It is targeting India's first private L-band SAR satellite launch by 2026 for 24/7 imaging

SPF plans to work with govt to retain, draw deeptech talent back to India

The Startup Policy Forum is working with the government on a scheme to retain and bring back high-tech talent, while deeptech start-ups seek fixes to procurement rules and certification delays

Saviynt raises $700 mn Series B at about $3 bn valuation; KKR leads round

Saviynt has raised $700 million in Series B funding at a $3 billion valuation, led by KKR, to speed up product development, AI capabilities and deeper integration with hyperscalers, software platforms

Elecbits secures $5.5 million to boost electronics design and manufacturing

Elecbits has raised $5.5 million in a Series A round led by Nexus Venture Partners, with SE Ventures and Riverwalk Holdings, to scale its AI-powered Elecbits XOR platform

BYT Capital launches ₹180 crore deep-tech fund to back frontier innovation

BYT Capital has launched a ₹180 crore Category II AIF focused on deep-tech, targeting 18-20 startups with ₹3-6 crore initial cheques and a 55 per cent follow-on reserve

Global fintechs bet on India's prepaid forex cards as travel demand surges

Global fintechs like Revolut and Wise are lining up multicurrency prepaid forex cards for booming outbound traveller base, offering lower markups, wider acceptance, smoother cross-border transactions

Indian Angel Network announces final close of $100 million fund

Since its launch, the fund has already invested in 10-12 startups, with several being led by first-generation founders in Tier-II and Tier-III cities, according to the firm

Fintech firm Fibe raises $35 million from IFC in Series F funding

The Series F investment comes about 18 months after the Pune-based company raised $90 million in a Series E funding round led by TR Capital, Trifecta Capital, and Amara Partners