Fundings

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

Funding for operator-led startups nearly doubles in two years to 11%

Funding for startups founded by experienced business operators rose nearly 12 times between 2023 and 2025, while seed-stage investments increased 17.5 times

Banks align on Vodafone Idea's projections, seek promoter promise

Banks have largely agreed on Vodafone Idea's financial projections but want stronger promoter guarantees before approving ₹35,000 crore in fresh funding

Rize raises $31 mn to grow sustainable rice platform across Southeast Asia

BNP Paribas Asset Management Alts led the Series B round as Rize expands exports, develops AI tools and scales carbon initiatives across Vietnam, Indonesia and other markets

Udaan secures $160 million in funding, simplifies capital structure

Existing investors M&G Prudential and Lightspeed joined new backer BlackRock in the financing, combining equity, debt and bond conversion as Udaan moves closer to a potential IPO

Strong funding demand lifts bank, commercial paper borrowings in Q1

In June alone, CP issuances climbed to a 55-month high of ₹2.55 trillion, largely driven by refinancing of maturing papers

NBFCs strengthen treasury teams after RBI opens term money market

NBFCs are hiring treasury specialists in money market operations and liquidity management as the RBI's proposal to widen access to the term money market reshapes funding strategies

Mobility startup Milo Drive raises $2.4 million in a seed funding round

EV mobility platform Milo Drive has raised $2.4 million in a seed funding round led by Caret Capital to strengthen its technology platform and scale operations

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

Sterlite Technologies raises ₹1,500 cr via QIP to fund next phase of growth

Broadband technology company Sterlite Technologies Ltd has raised Rs 1,500 crore through a qualified institutional placement to primarily de-leverage debt and pursue the next phase of growth, the company said on Monday. The company allotted 2.57 crore equity shares to qualified institutional buyers, aggregating to Rs 1,500 crore. Following the allotment, STL's paid-up equity share capital increased to Rs 102.78 crore, comprising 51.39 crore equity shares, the company said in a statement. The QIP saw participation from both domestic and global investors, including Motilal Oswal, Nomura, HSBC and Oxbow, among others. "STLhas raised Rs 1,500 crore through a Qualified Institutions Placement (QIP). The entire process saw participation by reputed domestic and global investors including Motilal Oswal, Nomura, HSBC, Bank of India, Oxbow, Think Investments, Bandhan and Manulife, among others," the company said. The proceeds from the QIP will be primarily utilised to substantially de-leverag

Adar Poonawalla Family Office invests ₹700 crore in Inox Clean Energy

Inox Clean Energy Limited (Inox Clean) said on Thursday that it has secured Rs 700 crore in funding from the Adar Poonawalla Family Office. This follows an investment from CalPERS (California Public Employees' Retirement System, the largest pension fund in the US), which had invested approximately Rs 800 crore in the previous rounds, amongst other investors, Inox Clean said in a statement. The fresh funding of Rs 700 crore from Rising Sun Holdings Pvt Ltd, part of Adar Poonawalla Family Office, was raised at a valuation of Rs 70,000 crore, reinforcing investor confidence in Inox Clean Energy's long-term growth strategy, it said. Devansh Jain, Executive Director, INOXGFL Group, said, "We welcome Adar Poonawalla Family Office as an investor in Inox Clean. This investment is a strong endorsement of our vision, execution capabilities, and long-term growth strategy. Over the past year, we have built tremendous momentum by successfully executing our growth roadmap through a combination of

Indus Valley raises $17 million in funding round led by Gaja Capital

Indus Valley, a toxin-free kitchenware brand, on Tuesday said it has raised USD 17 million (about Rs 161 crore) in a funding round led by private equity firm Gaja Capital. TheSeries B funding round also included participation from existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels, the Chennai-based firm said in a statement. "This investment will help us accelerate product innovation, strengthen our omnichannel distribution, deepen our brand presence, and expand our leadership across safer kitchen categories," Jagadeesh Kumar co-founder and CEO of The Indus Valley said. DSG Consumer Partners MD & Head of India Hariharan Premkumar said the investment will deepen product and distribution capabilities. Founded in 2016 by Jagadeesh Kumar and Madhumitha Uday Kumar, Indus Valley is a cookware company which offers toxin-free, non-coated cookware solutions across cast iron, iron, stainless steel, triply cookware, and pressure cookers.

Lytmus AI raises ₹5 crore in pre-seed round led by Boundless Ventures

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

Health-tech start-up SuperLiving raises $7 million led by Lightspeed

Health-tech start-up SuperLiving has raised $7 million in a Series A round led by Lightspeed to expand its AI-driven wellness and preventive healthcare platform

India tech funding rises to $7.2 billion in H1 2026, but deal count shrinks

India's tech startups raised $7.2 billion in H1 2026, but deal volume dropped sharply as investors concentrated capital in fewer companies

Cybersecurity startup Mitigata raises $15 mn in Bessemer-led Series B round

Bessemer-led funding will help the company expand its AI-powered platform as enterprises grapple with rising cyberattacks and growing security risks

Vetic raises $40 million to expand pet-healthcare network

The Bessemer-led funding will help the startup expand clinics and veterinary services, broaden insurance offerings and invest in technology

Nutrition startup TruNativ raises $30 mn in Series B funding led by OrbiMed

The Mumbai-based nutrition startup plans to expand distribution and grow its ingredient business as demand rises for clean-label and preventive-health products in India

Anthropic episode is a wake-up call: Sarvam Cofounder Vivek Raghavan

Vivek Raghavan, co-founder, Sarvam in a virtual interaction with Shivani Shinde talks about HCLTech's entry as investor, fund raising and sovereign AI. Edited excerpts

Foodstories raises ₹50 crore in funding round led by Nikhil Kamath

The gourmet retail startup plans to use the fresh capital to expand its digital business, delivery network and retail footprint across key markets