Page 8 - Start Ups

Mitigata raises $5.9 million to scale cyber resilience platform in India

Mitigata, a cyber resilience startup, has secured $5.9 million in Series A funding to expand its integrated platform that combines cybersecurity, compliance, and insurance for India's digital economy

Jeh Aerospace raises $11 million to expand AI-led manufacturing

Elevation Capital leads funding as Jeh scales operations in India and the US, targeting aerospace supply chains with software-driven precision and automation

CoinDCX to absorb $44 million security breach loss: CEO Sumit Gupta

Gupta maintained that customer funds on the platform were not compromised since they were parked on a cold wallet infrastructure

Good Glamm CEO Sanghvi blames 'too much, too fast' strategy for collapse

Good Glamm Group's Darpan Sanghvi says aggressive expansion across 11 acquisitions created a 'momentum trap' that led to the downfall of the $1.25 billion company

AI Startup SixSense raises funding to help chip factories boost production

Backed by Peak XV's Surge, the company helps semiconductor makers like GlobalFoundries and JCET boost output using real-time AI insights

Chip startup SiMa.ai lands $85 mn to power AI robots, autonomous cars

SiMa.ai raises $85 million to expand its physical AI platform and support the robotics, automotive, and industrial markets with specialized chips and software

Metaforms raises $9 mn to transform market research with AI automation

Backed by Peak XV Partners, Metaforms will triple its India team and expand AI capabilities for survey, voice, and report automation as it signs top global research firms

SAFE Security bags $70 mn to build AI tools for autonomous cyber governance

Backed by Avataar Ventures and others, SAFE to invest in agentic AI for real-time, autonomous cyber risk assessment as demand for boardroom-level solutions grows

Zepto FY25 revenue increases 149% to ₹11,110 crore ahead of IPO plans

The growth numbers came as Elcid Investments, a Mumbai-headquartered non-banking financial company, invested ₹ 7.5 crore in the firm as part of its ongoing funding round

Lenskart files for IPO to raise ₹2,150 crore, eyes valuation of $10 billion

SoftBank-backed Lenskart plans to raise Rs 2,150 crore through IPO to expand CoCo stores, tech infrastructure, and branding amid rising Asian demand for prescription eyewear

NCLT Ahmedabad admits BluSmart into insolvency over ₹1.28 crore default

NCLT Ahmedabad admits BluSmart Mobility into insolvency after the startup defaulted on ₹1.28 crore debt; interim resolution professional appointed to manage assets

Drizz raises $2.7 million to automate mobile app testing with AI

Drizz, founded by ex-Amazon and Coinbase engineers, uses AI and computer vision to enable code-free mobile app testing and has raised $2.7 million to enhance its platform

Blinkit grows its 10-minute ambulance service to 12 vehicles in Gurugram

Blinkit expands its 10-minute ambulance service in Gurugram to 12 vehicles and launches an in-house paramedic training programme to improve emergency care

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