Funding

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible

Yubi Group raises ₹411 crore to fund global expansion and AI investments

Yubi Group has secured Rs 411 crore through structured debt and fresh equity, enabling the fintech firm to expand into global markets

Hudco in talks with global institutions to raise $1 bn by Mar: CMD

State-owned infra financing institution Housing and Urban Development Corporation Ltd (Hudco) is in talks with multilateral development banks, including ADB, and institutions to mobilise USD 1 billion to fund infra projects in the country, its Chairman and Managing Director Sanjay Kulshreshta said. "We are in advanced discussion with KfW (Germany's state-owned development bank) to raise USD 200 million," he told PTI. Besides, the company is in talks with multilateral development banks like the Asian Development Bank for a loan of USD 500 million and USD 200-300 million from the Asian Infrastructure Investment Bank in the current financial year, he said. "We are hoping to finalise these fundraises of about USD 1 billion during the current financial year for on-lending to infrastructure projects," he added. Foreign funding will not only diversify the resource-raising stream but also bring down the cost of funds, he said. Further elaborating on the company's initiative to achieve bet

Niveshaay leads ₹325 crore funding in Waaree Energy Storage Systems

Investment firm Niveshaay on Tuesday said it has led a Rs 325 crore funding round in Waaree Energy Storage Systems to expand the Waaree Group's battery arm. The fund will be used to enhance cell and pack manufacturing capacity, strengthen engineering and validation capabilities, and scale containerised Battery Energy Storage Systems (BESS) across India and select global markets. Niveshaay said it has cumulatively invested Rs 128 crore in the round through its Category II Niveshaay Sambhav Fund, Category III Niveshaay Hedgehogs Fund, and the newly launched one of India's first dedicated Collective Investment Vehicles (CIVs,) Niveshaay WESS Fund. Other co-investors in the round include Vivek Jain (Managing Director, Action Tesa and GrowthSphere) and Saket Agarwal (former Director, Apollo Pipes Ltd and Apollo Tricoat), among others, Niveshaay, the SEBI-registered investment advisory and boutique asset management firm said. "Battery storage will play a key role in India's clean energ

Lighthouse Canton secures $40 million from Peak XV to fuel global expansion

The investment firm's first external raise will fund technology upgrades, senior hires, and market growth across Asia, the Middle East, and Europe

Fintech Upgrade raises $165 million, targets IPO in 12 to 18 months

The round valued Upgrade at $7.3 billion pre-money, according to a source familiar with the matter, a 21.7% premium to its previous valuation

Granite Asia leads $85 mn Series C funding in Kuku content platform

Granite Asia led Kuku's $85 million Series C round joined by Vertex Growth, IFC, Krafton, and others, to expand AI infrastructure and grow its vernacular storytelling ecosystem

Indian nonprofits turn to 'everyday giving' amid funding crunch: Report

With the tightening of institutional and foreign funding, Indian nonprofits are increasingly relying on "everyday giving" -- small, regular contributions of money, time, and skills from ordinary citizens -- to sustain operations and deepen community ties, according to a new study. The 'UDARTA: Everyday Giving (EG) Report 2025' has been developed by 13 social sector organisations and guided by more than 50 others and is India's collaborative research effort on how nonprofits are leveraging citizen philanthropy. Jointly funded by GivingTuesday and Rohini Nilekani Philanthropies, the study surveyed 304 nonprofits across 26 states, ranging from small grassroots groups to large institutions with annual budgets exceeding Rs 100 crore. The report finds that donations from everyday givers already make up around one-third of nonprofit funding, and 96 per cent of organisations engaged in such fundraising found it worthwhile. Everyday giving also helps nonprofits secure unrestricted funds --

Good Capital closes its second fund with investments in AI-powered startups

Venture capital firm Good Capital has closed its second fund at $30 million, aiming to back AI-driven startups after supporting companies like Meesho, Orange Health, and LEAD School

AI platform Tern Group raises $24 mn to grow global healthcare workforce

Tern Group secured $24 mn in Series A funding led by Notion Capital to expand nurse training, strengthen its AI talent platform, and scale healthcare placements globally

TCS extends partnership with Tryg in 7-year deal worth Rs 5,695 crore

TCS has signed a €550 million, seven-year extension of its partnership with Scandinavian insurer Tryg to simplify IT operations, drive digital transformation and boost efficiency

Seekho raises $28 mn to expand bite-sized learning for mass market

The short-form learning startup targets the next 500 million users with vernacular content

Non-bank lender Altum Credo raises ₹170 crore in funding led by BII

Non-bank lender Altum Credo on Monday announced a Rs 170 crore fund raise from existing investor UK's development finance institution and impact investor British International Investment (BII). The funding will help the Pune-headquartered affordable housing-focused lender expand its operations in the country, as per a statement. The company has served over 15,000 customers in six states covering southern and western India, and manages assets of over Rs 1,000 crore. The investment will help increase credit access to low-income, majority women customers for the purpose of home construction and improvements, which will, in turn, improve access to basic services, such as sanitation, electricity, and safety, as well as asset ownership of households. Its managing director and chief executive, Vikrant Bhawat, said the investment will strengthen the balance sheet for a long-term, sustainable, impactful growth journey. BII's head of India, Shilpa Kumar, said the British investor is contin

PPP must drive India's infrastructure funding: Experts at BS Infra Summit

Experts at the Business Standard Infra Summit said India must rely more on public-private partnerships (PPP) to fund new projects, as government resources alone cannot meet growing needs

Atomic Capital closes ₹400 cr first fund for early growth consumer startups

Venture capital firm to invest in 10-12 homegrown consumer and consumer-tech companies, with focus on capital-efficient, sustainable growth models

Gifting startups raised $115.9 mn over a decade, funding declined in 2025

Funding activity in India for 2025 so far has been muted, with Indigifts as the sole startup to secure investment

US judge rules Trump admin cannot reallocate disaster relief funds

A federal judge on Tuesday blocked the Trump administration from reallocating USD 4 billion meant to help communities protect against natural disasters. US District Judge Richard G Stearns in Boston granted a preliminary injunction sought by 20 Democrat-led states while their lawsuit over the funding moves ahead. The states argue the Federal Emergency Management Agency lacks the authority to end the Building Resilient Infrastructure and Communities programme and redirect more than USD 4 billion of its funding. The programme aims to harden infrastructure around the country against potential storm damage. FEMA initially announced it was ending the programme, but later said in a court filing that it was evaluating it. "Although the Government equivocates about whether it has, in fact, ended the BRIC programme, the States' evidence of steps taken by FEMA to implement the announced termination portend the conclusion that a determination has in fact been made and that FEMA is inching ...

Discovery Global Management exits SpiceJet, sells 2.2% stake for ₹119 crore

Global macro hedge fund Discovery Capital Management on Wednesday exited SpiceJet by selling its entire 2.2 per cent stake in the domestic carrier for Rs 119 crore through an open market transaction. The US-based Discovery Capital Management through its affiliate Discovery Global Opportunity (Mauritius) Ltd offloaded 3,11,53,621 shares, representing a 2.20 per cent stake in Gurugam-based SpiceJet, as per the bulk deal data on the BSE. The transaction was executed at an average price of Rs 38.14 apiece, taking the total deal value to Rs 118.82 crore. Meanwhile, Plutus Wealth Management bought 2.45 crore shares or 1.73 per cent stake in SpiceJet for Rs 93.39 crore. The shares were picked up at an average price of Rs 38.12 apiece. Following the stake buy, Plutus Wealth Management's holding in SpiceJet rose to 4.44 per cent from 2.71 per cent. Details of other buyers of SpiceJet shares could not be ascertained on the bourse. SpiceJet rose 5.75 per cent to close at Rs 40.29 apiece on

MNC Funds: High quality, but hold for a minimum of 5 years to offset risks

This theme can underperform during strong rallies in domestic markets

Govt approves ₹1-trillion RDI scheme to boost private-sector innovation

The scheme will offer long-term, low-interest funding and equity support to boost private R&D in fast-growing tech sectors