Funding

Shamrock AI raises $5 million in seed round led by Endiya Partners

Shamrock AI has raised $5 million in seed funding led by Endiya Partners to develop its enterprise AI assurance platform, strengthen its team and expand its customer base

Foreign varsities' India campuses unlikely to strengthen research

Teaching-led campuses likely as labs, funding, doctoral pipelines prove harder to build

Toothsi parent MakeO raises ₹90 crore to expand dental care operations

The company, operating across India and Southeast Asia, has crossed ₹500 crore in revenue and turned Ebitda profitable. It aims to double revenue in the next two to three years

Nandan Nilekani-backed Fundamentum raises ₹3K crore for AI, deeptech

The Nandan Nilekani-backed growth-stage fund plans to invest ₹100-200 crore each in 12-15 AI and deeptech companies over the next two to three years, with a hard cap of ₹3,500 crore

NuSynth Technologies raises ₹36.5 crore in seed funding led by two VCs

Avaana Capital and Shastra VC co-led the funding round, which will help NuSynth expand R&D, develop proprietary chemical processes and build AI-enabled scale-up capabilities

OpenAI in talks with UAE funds, BlackRock for $30 billion funding round

UAE investment funds have discussed investing as much as $10 billion altogether, while OpenAI is seeking capital at a valuation of about $1.4 trillion

TDB pauses accepting applications under RDI fund amid capital constraints

TDB closes fresh RDI funding call as strong demand from deep-tech projects outpaces available capital, despite an additional ₹1,000 crore allocation taking its total to ₹3,000 crore

Prime Focus-backed Brahma AI raises $150 million at $2 billion valuation

Brahma AI is an AI-native enterprise technology company focused on audiovisual content across media and entertainment, sports, healthcare, and advertising.

Sneaker startup Comet raises ₹100 crore in Series B led by Verlinvest

Elevation Capital and Nexus Venture Partners also participated, while Urban Company's Abhiraj Singh Bhal, Snap's Ajit Mohan and entrepreneur Anand Ahuja joined as angel investors

Kepler Aerospace raises $8 mn seed round led by Blue Ashva Capital

The seed round will fund deployment of the company's first six swarming ISR satellites and support expansion of its mission operations and avionics-as-a-service businesses

Vodafone Idea capex plan gets fillip from ₹6.4K crore bank funding

Hopeful of closing discussions with banks, confident of raising additional funds, says CEO Abhijit Kishore

Jio Credit, others raise ₹2,520 crore via corporate bond issuances

Companies tap the debt market ahead of the RBI's monetary policy review, with market participants expecting stronger primary activity next month

National Education Policy falls short 6 yrs after landmark reform: Experts

Six years after NEP 2020, experts say uneven funding, institutional capacity gaps and unfinished reforms continue to slow its implementation across India

BUSINESSNEXT secures $40 million funding to expand autonomous banking

The autonomous banking platform will use the funds for research and development and expansion into Australia and New Zealand, while strengthening its private AI capabilities

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