Page 3 - Fundings

Oyo Assets raises ₹125 crore in fresh funding round led by InCred

OYO parent PRISM-backed OYO Assets has raised Rs 125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, according to sources. OYO Assets, also known as Sunday PropTech, is focused on acquiring and developing hotels in India across premium and mid-premium segments. The equity infusion will enable OYO Assets (Sunday PropTech) to expand its presence in key leisure and business destinations and enhance its asset management capabilities. The funding amount in the latest round stands at Rs 125 crore, people aware of the development said. "The early performance of the portfolio demonstrates resilience, consistent cash flows, and clear unit-level profitability in a sector that is increasingly attracting organised capital. Sunday PropTech stands out for its coherent strategy and its ability to execute with precision. This capital raise strengthens the platform's ability to acquire high-quality assets at scale while maintaining robust financial

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible

Luma AI secures $900 mn to accelerate multimodal AGI frontier push

This Series C is a milestone in the company's mission to build multimodal general intelligence: AI that can generate, understand and operate in the physical world

Tetr College secures $18 mn to widen campuses, launch new programmes

Tetr has witnessed strong growth in its second year, with applications rising by more than 50 per cent. Buoyed by the global response, the college increased intake to 200 students from 50 countries

Niveshaay leads ₹325 crore funding in Waaree Energy Storage Systems

Investment firm Niveshaay on Tuesday said it has led a Rs 325 crore funding round in Waaree Energy Storage Systems to expand the Waaree Group's battery arm. The fund will be used to enhance cell and pack manufacturing capacity, strengthen engineering and validation capabilities, and scale containerised Battery Energy Storage Systems (BESS) across India and select global markets. Niveshaay said it has cumulatively invested Rs 128 crore in the round through its Category II Niveshaay Sambhav Fund, Category III Niveshaay Hedgehogs Fund, and the newly launched one of India's first dedicated Collective Investment Vehicles (CIVs,) Niveshaay WESS Fund. Other co-investors in the round include Vivek Jain (Managing Director, Action Tesa and GrowthSphere) and Saket Agarwal (former Director, Apollo Pipes Ltd and Apollo Tricoat), among others, Niveshaay, the SEBI-registered investment advisory and boutique asset management firm said. "Battery storage will play a key role in India's clean energ

Lighthouse Canton secures $40 million from Peak XV to fuel global expansion

The investment firm's first external raise will fund technology upgrades, senior hires, and market growth across Asia, the Middle East, and Europe

Private equity firm ChrysCapital closes record $2.2 billion fundraise

New fund marks first local investor participation

Affirma Capital leads $56 mn investment in RMSI to tap AI, mapping growth

The firm's Agastya Capital fund partners with 360 ONE Asset to back the engineering services company's expansion plans

Snabbit raises $30 mn Series C to expand into child, elder and cooking care

The Bertelsmann-led funding marks Snabbit's third raise in nine months, helping the women-led quick services startup expand into new home care categories

IntrCity SmartBus secures ₹250 crore as India's intercity travel booms

Asset-light aggregator plans to double fleet and reach Rs 1,000 crore revenue as sector grows 10-13% annually

Signature Global raises ₹875 cr from IFC to fund new housing projects

Realty firm Signature Global Ltd on Tuesday said it has raised Rs 875 crore from World Bank's lending arm IFC through issuance of non-convertible debentures (NCDs) and the amount will be used to develop housing projects and retire high-cost debt. Gurugram-based Signature Global, one of the leading real estate developers in the country, also exuded confidence of achieving the sales bookings target of Rs 12,500 crore for this fiscal, on the back of launch pipeline of homes worth Rs 14,000 crore during the next five months. The company sold properties worth Rs 10,290 crore last fiscal to become the fifth largest listed realty firm in terms of sales bookings. "We have raised Rs 875 crore from private placement of NCDs with International Finance Corporation (IFC)," Signature Global Chairman Pradeep Kumar Aggarwal told reporters here. After the successful Initial Public Offering and listing of the shares on bourses, he said the company has achieved another major milestone by raising fund

Indian tech sector records deals worth $1.48 billion in Q3: Report

India's technology sector recorded deals worth USD 1.48 billion in the third quarter of 2025, marking a strategic reset move from volume-led activity to value-driven investments, with improved investor interest in AI, SaaS and enterprise automation, according to a report by Grant Thornton Bharat. The number and value of deals exceeding USD 50 million rose sharply, with high-value transactions quadrupling in volume and increasing more than fivefold in value compared to the previous quarter. "Q3 2025 marked a strategic reset in India's tech deal landscape, with 80 deals recorded, up 33 per cent quarter-on-quarter, signalling a move from volume-led activity to value-driven, theme-focused investments. Overall disclosed deal values were USD 1.48 billion, with high-value deals over USD 50 million quadrupling in number and increasing more than five-fold in value compared to Q2. "The quarter highlighted strong investor and acquirer interest in AI, SaaS and enterprise automation, reflecting

RBI proposes to allow banks to fund domestic, overseas acquisitions

Draft rules propose bank financing for domestic and overseas M&A, PSU divestments, and IPO subscriptions; framework to take effect from April 1, 2026

AI firm Uniphore secures $260 mn from Nvidia, AMD, Snowflake and Databricks

Uniphore values at $2.5 billion as it boosts its Business AI Cloud platform and ecosystem for enterprise-scale adoption

Trump calls Colombia's Petro an 'illegal drug dealer', ends US aid

President Donald Trump said Sunday he would slash US funding to Colombia because the country's leader does nothing to stop drug production, in what is the latest sign of friction between Washington and one of its closest allies in Latin America. In a social media post, Trump referred to Colombian President Gustavo Petro as an illegal drug dealer who is low rated and very unpopular. He warned that Petro better close up drug operations or the United States will close them up for him, and it won't be done nicely. Trump, while at his Mar-a-Lago resort in Florida, wrote on his Truth Social platform that Petro is strongly encouraging the massive production of drugs, in big and small fields across Colombia, which the Republican president spelled as Columbia. Petro does nothing to stop it, despite large scale payments and subsidies from the USA that are nothing more than a long term rip off of America, Trump said. AS OF TODAY, THESE PAYMENTS, OR ANY OTHER FORM OF PAYMENT, OR SUBSIDIES, WIL

Granite Asia leads $85 mn Series C funding in Kuku content platform

Granite Asia led Kuku's $85 million Series C round joined by Vertex Growth, IFC, Krafton, and others, to expand AI infrastructure and grow its vernacular storytelling ecosystem

TACC secures ₹1,230 cr SBI funding for Lithium-ion battery anode plant

Carbon materials manufacturer TACC Ltd on Wednesday said it has received a credit facility of Rs 1,230 crore sanctioned by the State Bank of India for the Lithium-ion battery grade graphite anode facility. The funding will be utilized to support the company's upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh, which will produce 20,000 MTPA of lithium-ion battery-grade graphite anode material, a company statement said. The facility will be among the first of its kind in India, marking a major step toward building a self-reliant domestic ecosystem for advanced energy materials, according to TACC Ltd, a wholly-owned subsidiary of HEG Ltd and part of the LNJ Bhilwara Group. TACC aims to contribute to India's self-reliance in critical technologies by establishing local manufacturing capabilities for battery-grade graphite anodes -- a key component of lithium-ion batteries used in electric vehicles and energy storage systems. This facility represents a significant step

HouseEazy raises ₹150 cr in Series B round from investors to grow business

HouseEazy, a marketplace for resale homes, has raised Rs 150 crore from investors, including Accel, to grow its business. In a statement on Tuesday, the company said it has raised this amount in a Series B funding round led by Accel, with participation from existing investors Chiratae Ventures and Antler. "The capital infusion will fuel technology advancements, geographic expansion, and brand growth, while strengthening HouseEazy's basket of services," the statement said. HouseEazy was founded by Tarun Sainani and Deepak Bhatia. "Indian consumers have long awaited a safe, one-stop solution for buying and selling homes. HouseEazy was founded with the vision of transforming the entire home ownership journey, built on the pillars of trust, speed, and convenience," said Bhatia. In just three years, Sainani said the company has helped over 2,500 homeowners transact properties worth more than Rs 2,000 crore. "With this new funding, we're ready to expand HouseEazy into new cities and un

Fintech firm Dezerv raises ₹350 crore to expand wealth tech platform

Fintech platform Dezerv's total funding now stands at ₹850 crore as it plans to expand across asset classes and hire top talent to enhance investor experience

Zerodha's Nikhil Kamath backs Nothing smartphone with $21 mn investment

Kamath said that the investment was guided by Nothing's design, utility, affordability, revenue & growth margins, and innovation capability