Fundings

Banks expect up to 50 bps reduction in funding costs on liquidity surge

Robust FCNR(B) inflows are reducing banks' reliance on higher-cost certificates of deposit, while supporting credit expansion and improving liquidity coverage ratios

Ultrahuman raises $70 mn to build new human-computer interface for health

New financing from Qualcomm Ventures, Labcorp, Alpha Wave, Blume and others will accelerate Ultrahuman's health intelligence platform and its global expansion

Leanwatts raises ₹18.15 crore in seed funding led by Trivest Partners

The Hyderabad-based startup is also expanding its portfolio across public charging solutions, rectifiers, power modules, hybrid inverters and broader power conversion systems for the energy ecosystem

Constl secures $90 mn project financing led by NaBFID for fibre expansion

The company said the financing will support the rollout of greenfield fibre networks across emerging AI corridors in India and investments in next-generation network technologies

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

Deep-tech startup Zenergize raises ₹33.5 cr in pre-Series A funding round

With this fundraise, the company has raised Rs 50.5 crore to date. It had earlier raised Rs 17 crore in a seed funding round

Piramal Fin raises ₹2,100 cr via QIP; total fundraise at ₹3,850 cr

The NBFC raised ₹2,100 crore from institutional investors through a QIP and plans a ₹1,750-crore promoter warrant issue, subject to shareholder and regulatory approvals

India's venture capital recovery looks anaemic as deal value grows just 5%

Deal value grows 5% against a 161% global surge in the first seven months

IndiGo Ventures invests in AI firm Sarvam as part of Series B round

IndiGo and Sarvam are working on AI applications for customer service, employee productivity and airline operations, with successful use cases set to be scaled up

Third Wave Coffee raises $43 mn in funding round led by WestBridge Capital

The new funding will help the domestic coffee outlet chain grow in existing markets, build greater density in high-potential cities and strengthen its ability to serve a wider range of foods

Siguler Guff raises $500 mn fund to invest in India's mid-market firms

The fund will focus on high-growth, founder- and family-owned businesses benefiting from domestic consumption across consumer, health care, financial services and technology

Centricity raises ₹280 cr in Series A funding led by SMBC Asia Rising

Centricity, a technology-first wealth management company, on Thursday announced that it has raised Rs 280 crore in its Series A funding round, led by SMBC Asia Rising. In addition, existing investors, including Lightspeed India Partners, Burman Family Office, RAAY Investments, Stride Venture, and Innoven Capital, also participated in the funding round, Centricity said in a statement. The funds will be used to strengthen the company's proprietary technology stack, expand its B2B2C wealth distribution platform, accelerate the growth of its private wealth and NRI global private client businesses, and deepen its presence across domestic and international markets. Founded in 2022, Centricity is a wealth management company that manages more than Rs 15,000 crore in Assets Under Management (AUM).Earlier, it raised USD 4 million in pre-seed funding in 2022, followed by a USD 18 million seed round in 2024.

BlissClub raises ₹160 cr to expand retail footprint and product portfolio

Singularity AMC led the funding round, with founder Minu Margeret and existing investors backing the activewear brand's next phase of growth

HomeRun raises $12 mn to expand 60-minute building materials delivery

Nexus Venture Partners led the funding round as the construction materials quick-commerce startup accelerates expansion, months after raising $6.6 million

Nazara to raise ₹733.5 crore through a preferential issue for expansion

Nazara plans to raise ₹733.5 crore via a preferential issue, with the funds earmarked for acquisitions, business expansion, intellectual property and AI-led game development

River Mobility raises $120 million in Series C led by Elev8, Claypond

The Bengaluru-based electric two-wheeler maker will use the fresh capital to expand manufacturing capacity, build a new factory and launch products in the utility lifestyle segment

Centre releases less than a fourth of AI CoE funds approved till FY28

The Centre has released ₹233 crore for three AI Centres of Excellence, with IITs and IISc leading sector-specific AI research in agriculture, healthcare and cities

AI startup Freehand raises $75 million for supply-chain expansion

Battery Ventures and NewRoad Capital co-lead funding as startup expands AI agents that automate procurement and supply-chain spending for Fortune 500 companies

VCs may warm up to high-tech startups later this year, shows data

VC funding in Indian chip and space startups is gaining momentum in 2026, aided by government support despite cautious investor sentiment

GitHub Sponsors crosses $100 mn milestone as corporate funding accelerates

GitHub Sponsors has crossed $100 million in contributions, with corporate sponsorships driving faster growth and supporting more than 70,000 open-source maintainers worldwide