Funding

Modest venture capital funding for high-tech startups; 2026 shows hope

VC funding in India's chip and space startups is picking up in 2026 as the government's Semicon 2.0 push boosts investor confidence

India's fintech sector raises $2 bn in H1 2026, led by late-stage funding

Funding in India's fintech sector rose 42 per cent year-on-year to $2 billion in H1 2026, with late-stage companies accounting for four-fifths of the total capital raised

Laundry infra company Quick Clean raises ₹133 crore in Series B round

Stakeboat Capital led the ₹133 crore Series B round, with existing investors participating, as Quick Clean plans AI-led expansion across India and overseas markets

Commercial papers explained: How companies raise short-term funds

Companies raised a record ₹5.37 trillion through commercial papers in the first quarter of FY27. Here's what they are, who issues them and why their use is rising

RDI fund's first cohort of startups aims to plug country's deep-tech gaps

The first five startups backed under the government's RDI fund will develop indigenous technologies in space, defence, healthcare, batteries and biotechnology through milestone-based financing

Rentomojo secures Sebi approval for IPO with Rs 150-crore fresh issue

Online rental and subscription platform Rentomojo Ltd has received Sebi's go-ahead for its proposed initial public offering (IPO), an update with the regulator showed on Monday. The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an Offer for Sale (OFS) of 2.84 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). The regulator received the company's draft papers on April 1 and gave its observations on July 6, the update showed. In Sebi parlance, the issuance of observations implies its approval to float the IPO. According to the draft papers, the company proposes to utilise the net proceeds from the fresh issue towards payment of loans, payment of lease rentals or licence fees for warehouses and experience stores, and general corporate purposes. Rentomojo operates a technology-driven, direct-to-consumer online rental and subscription platform for furniture and home appliances. As of September

Deeptech startup QOSMIC raises $3.3 million in seed funding round

QOSMIC, a Bengaluru-based deep-tech company building optical communication infrastructure for space, said on Wednesday that it raised USD 3.33 million in a seed funding round. The funding will accelerate the company's work to build the data layer of the space economy, the network that carries information between satellites, orbital data centres, and the ground network. In a statement, Shreyaans Jain, co-founder and CEO of the company, said, "The next decade of the space economy will be defined by data. Satellites are becoming exponentially more capable, but the infrastructure connecting them to Earth has not kept pace." "We believe optical communications will become as fundamental to space infrastructure as fibre optics became to the internet. This funding enables us to accelerate that transition and build the connectivity layer that the next generation of space applications will rely on," he added. Founded in 2025, QOSMIC is building laser-based communication systems that enable .

SaffronStays secures $3.5 million funding led by Infinity Ventures

The hospitality startup will use the funds to expand across leisure destinations, invest in technology and strengthen its portfolio of managed holiday homes

India seeks $2.5 billion funds from World Bank, ADB for infra growth

World Bank and Asian Development Bank are in discussions to disburse loans worth $1.5 billion and $1 billion, respectively, with announcements likely within the next two months

India needs a complete sovereign AI stack, not just models: Bessemer

Bessemer Venture Partners says India's AI ambitions must extend from compute and data infrastructure to agents, services and robotics

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

Scapia raises $63 million in Series C round led by General Catalyst

Bengaluru-based travel fintech startup Scapia will use the fresh capital to scale travel offerings, expand AI capabilities and grow its customer base

Sindhuja Microcredit raises $5 million in pre-Series D funding round

Rural-focused microfinance institution Sindhuja Microcredit on Monday said it has raised USD 5 million (Rs 47 crore) in a pre-series D funding round from its existing investors. The funding round saw participation from Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit, the company said in a statement. The Noida-headquartered NBFC-MFI will utilise the fresh capital to strengthen its capital base, support business expansion, and scale up access to credit for underserved communities. "We are making significant progress in our mission in touching the lives of low-income women borrowers from under-served households as well as in making financial services accessible to the financially excluded and MSME entrepreneurs through efficient, customer-friendly and technology-enabled solutions," Sindhuja Microcredit Co-Founders Abhisheka Kumar and Malkit Singh Didyala said in a joint statement. "The latest funds will drive us to the next phase of growth by further expand

Kimbal raises $22 mn Series B led by GEF to expand grid tech globally

Series B funding led by GEF Capital to support power management systems, expand AMI operations, and drive international growth beyond India's energy markets

Oolka raises $14 mn in Series A funding to build AI-driven financial agents

Accel-led funding round backs Oolka's plan to scale AI financial agents and expand into a full-stack consumer finance platform in India

Sahamati raises ₹50 crore from over 30 firms to boost digital finance infra

The association said that the investment round represents an industry commitment to building a regulated digital public infrastructure layer for consent-based financial data sharing

Edtech firm PhysicsWallah rakes in ₹205 crore during Vishwas Diwas event

Edtech firm reports 36 per cent rise in collections and strong enrolment growth during its flagship 20-day Vishwas Diwas period

Fullife Healthcare raises Rs 300 crore from Elev8 Venture Partners

The consumer health firm will use the funds to scale brands like Fast&Up and Chicnutrix, expand into new segments and strengthen global market presence

Burger Singh raises ₹82 crore in funding round led by Artal Asia

Burger Singh has raised Rs 82 crore in a funding round led by venture capital firm Artal Asia Pte Ltd, at a valuation of Rs 520 crore. The Series B funding round also saw participation from new and existing investors, including Negen Undiscovered Value Fund, and Aurum Rising India Fund, the company said in a statement. "The company will use the fresh capital to strengthen the systems, processes, and infrastructure required to build India's most scalable franchise-first restaurant growth platform. "The new funding will be used to deepen the company's franchise engine across store design, training systems, operating manuals, supply chain integration, technology, and on-ground market support, with the goal of making restaurant entrepreneurship in India more structured, scalable, and repeatable," the company said. Burger Singh recorded a revenue of Rs 117 crore in FY25. Founded in 2014 in Gurugram, the company has grown to 200+ outlets across 100+ cities, including Delhi-NCR, Mumbai,

Drone-based logistics firm Skye Air raises $9 million in Series B round

Hyperlocal drone delivery platform Skye Air closes Series B funding, plans expansion into Bengaluru, Mumbai, Pune, Hyderabad, and Kolkata while enhancing its autonomous logistics technology