Page 2 - Fundings

Avanse Financial Services raises ₹1,200 crore through rights issue

The capital raise reflects strong shareholder confidence in Avanse's strategy, governance, long-term growth potential, while reinforcing its disciplined approach to building a diversified funding base

Even Healthcare secures $20 million to expand its managed-care hospitals

With this announcement, Even Healthcare reports operating break-even within six months of its first hospital launch. The fundraise also marks a 2x valuation milestone for the company

Sovereign wealth funds push into tech as assets swell to $15 trillion

Middle East continues to be a hotspot for sovereign wealth fund riches. The main seven Gulf wealth funds accounted for 43 per cent of all capital invested by state owned investors globally at $126 bn

Sector, thematic funds 2026 outlook: Avoid over-allocation, chasing returns

Thematic and sector funds offer focused exposure to structural trends that may not be adequately represented in broader diversified portfolios

NITI Aayog pitches $10 billion Bharat Vidya Kosh for higher education

Govt eyes a million international students in Indian universities by '40

From funding winter to liquidity surge, 2025 turns pivotal for startups

After a prolonged funding slowdown, 2025 emerged as the year of liquidity for Indian startups, marked by a revival in public listings, improved deal quality and a decisive shift toward disciplined growth. If 2023 was defined by a "funding winter" and 2024 by cautious optimism, 2025 will be remembered for a historic rise in exits, particularly through the public markets. While overall funding volumes declined, the average median deal size nearly doubled to about USD 1.4 million in 2025, from roughly USD 700,000 in 2024, signalling greater investor selectivity and maturity. India's technology startups raised USD 10.5 billion in 2025, down 17 per cent from USD 12.7 billion in 2024 and 4 per cent from USD 11 billion in 2023, according to Tracxn. The number of USD 100 million-plus funding rounds fell to 14, compared with 19 in 2024, though large deals included Erisha E Mobility (USD 1 billion), Zepto (USD 450 million) and GreenLine (USD 275 million). Despite lower funding, liquidity eve

CoreEL gets $30 million Series B to support aerospace defence projects

Bengaluru-based aerospace and defence technology firm CoreEL Technologies has raised $30 million in Series B funding to scale manufacturing in large defence programmes in India and overseas

PlasmaGen Biosciences bags ₹150 cr to scale int'l plasma therapeutics

Bengaluru-based PlasmaGen Biosciences raised ₹150 cr in a minority equity round led by ViNS Bioproducts at a valuation of over ₹1,500 cr to scale international operations

Nothing raises over $8 million in third community investment round

London-based consumer tech brand Nothing on Thursday said it has raised over USD 8 million (about Rs 72 crore) in its third community investment round, which closed with over 5,000 new investors. The round allowed community members to invest at a USD 1.3 billion valuation, according to a company statement. Nothing's community base now stands at around 13,000 investors who have collectively contributed over USD 16 million to date. "Nothing has closed its latest community investment round, raising more than USD 8 million, and adding over 5,000 new investors to its community from more than 80 countries," the company said. The latest funding comes on the heels of Nothing's USD 200 million Series C round in September 2025, led by investors, including Tiger Global, GV, Highland Europe, EQT, and Qualcomm Ventures. Community investment involves people investing money in an early-stage private or unlisted company in exchange for a share, or equity, in that company. Earlier this year, Noth

Tata Chemicals raises ₹1,500 crore through private placement of NCDs

Tata Chemicals Ltd on Wednesday said it has raised Rs 1,500 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis. The company has allotted 1,50,000 listed, unsecured, rated, redeemable, taxable, non-cumulative non-convertible debentures, having a face value of Rs 1 lakh each, for cash, it said in a regulatory filing. The NCDs have a tenure of two years and 364 days, and carry a fixed rate coupon of 7.06 per cent, Tata Chemicals said. The debentures have been issued to identified investors based on multiple yield allotment methods, it added. The NCDs will be listed on the Debt Segment of National Stock Exchange of India Limited (NSE). The allotment was approved by the internal committee constituted by the board of directors of the company, Tata Chemicals said. NCDs are debt instruments issued by companies to raise long-term funds. They are popular among investors seeking stable, fixed returns without equity exposure.

MoEngage raises another $180 million in Series F, offers liquidity to staff

Funding led by ChrysCapital and Dragon Funds backs the company's AI-driven expansion beyond traditional marketing platforms

Space tech company Digantara raises $50 million in Series B funding

Space tech firm Digantara raises $50 million in Series B to expand globally, scale manufacturing and build full-stack space surveillance and intelligence capabilities

Moxie Beauty raises $15 mn in Series A led by Bessemer Venture Partners

The fast-growing haircare brand plans to expand product development and distribution as demand rises for India-specific, salon-grade formulations

Sisir Radar bags $7 million Series A to launch India's private SAR by 2026

Chennai-based Sisir Radar has raised $7 million in a Series A led by 360 ONE Asset. It is targeting India's first private L-band SAR satellite launch by 2026 for 24/7 imaging

iSprout secures ₹60 crore in debt funding to accelerate expansion

Hyderabad-based iSprout has raised ₹60 cr in debt funding from Tata Capital to expand into metros and tier-I and II cities, upgrade infrastructure and scale managed office portfolio as it eyes an IPO

MPs' forum seeks action on lack of funds for treating rare diseases

A bipartisan parliamentary forum has warned that funding shortages and administrative delays under India's rare disease policy are disrupting life-saving treatment

Transition VC closes oversubscribed ₹700 crore debut fund at final close

Backed by strategic LPs, Transition VC says its debut fund has crossed target to close at ₹700 crore, with early portfolio traction and plans under way for a second fund

Indian Angel Network announces final close of $100 million fund

Since its launch, the fund has already invested in 10-12 startups, with several being led by first-generation founders in Tier-II and Tier-III cities, according to the firm

Fintech firm Fibe raises $35 million from IFC in Series F funding

The Series F investment comes about 18 months after the Pune-based company raised $90 million in a Series E funding round led by TR Capital, Trifecta Capital, and Amara Partners

Fintech Skydo set to expand to US after $10 million Series A round

The Bengaluru-based company is targeting US-based small and medium businesses (SMBs) as part of its expansion plan