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AGNIT Semiconductors Raises $2.6M for GaN Scale-Up
AGNIT Semiconductors builds gallium nitride wafers and RF devices. It also makes modules for strategic and telecom systems. The Bengaluru startup has now raised $2.6 million, or about ₹24 crore, in an extension of its seed round to tackle a real problem: India still depends heavily on imported high-performance semiconductor tech for critical wireless and […]
Pentathlon Ventures Fund II Closes at ₹255 Cr for SaaS Bets
Pentathlon Ventures is an early-stage venture firm focused on Indian B2B software startups, and it has now marked the final close of Pentathlon Ventures Fund II at ₹255 crore, or about $27.1 million. Enterprise founders are still dealing with a familiar problem: plenty of chatter around AI, but not enough specialist seed capital that understands […]
Plum Insurance Raises ₹193 Cr for Broader Care
Plum Insurance sells health insurance and employee health benefits to businesses in India. The insurtech startup has raised ₹193 Cr ($20.6 Mn) in a Series B round led by Peak XV Ventures, as employers keep looking for simpler ways to manage coverage, claims, and day-to-day healthcare support for teams. Founded in 2019 by Abhishek Poddar […]
ELMED Life Sciences Raises $2.7M to Scale Probiotics
ELMED Life Sciences makes probiotic products for healthcare and agri-biotech companies, and it has now raised $2.7 million in Series A funding from NABVENTURES-managed AgriSURE Fund. It’s chasing a simple but messy problem: reliable microbiome products are still hard to manufacture across human health, animal health, aquaculture, and agriculture. Founded in 2018 by VIT alumni […]
Deccan AI Raises $25M for Post-Training Stack
Deccan AI builds post-training, evaluation, and deployment tools for enterprise AI models. The AI infrastructure startup has now raised $25 million in a round led by A91 Partners, with Susquehanna and existing backer Prosus Ventures also participating. Lots of companies can access strong models now, but far fewer can safely train, test, and run them […]
Ultrahuman Secures ₹400 Crore in Series C Funding
Ultrahuman makes health-tracking wearables and metabolic health tools built around a smart ring, blood testing, glucose monitoring, and connected home sensors. Now the Ultrahuman smart ring story has a lot more money behind it. The Bengaluru company has closed a Series C round of around ₹400 crore, or about $48 million. The problem it’s trying […]
Velmenni Li-Fi Raises ₹30 Cr for Defense Push
Velmenni builds light-based wireless communication systems for telecom, enterprise, and defense networks. The New Delhi startup has raised ₹30 Cr in a pre-Series A round led by pi Ventures, with MountTech Growth Fund – Kavachh and Apekso joining in, as it tries to turn Velmenni Li-Fi from a deeptech promise into a bigger commercial business. […]
Fuse funding: AI loan origination startup raises $25M
Fuse builds an AI loan origination system for credit unions, banks, and other lenders. The New York startup has closed a $25 million Series A led by Footwork, with Primary Venture Partners, NextView Ventures, and Commerce Ventures also backing the round, as it tries to replace the slow, contract-heavy loan software that still runs a […]
Neo Group Funding: TVS Backs ₹500 Cr Unicorn Bet
Neo Group is a Mumbai-based wealth and asset management firm built for India’s HNIs, UHNIs and family offices. The latest Neo Group funding round brings in ₹500 crore from TVS Capital and its affiliates at a ₹10,000 crore pre-money valuation, formally pushing the company into unicorn territory. That matters because wealthy Indian clients now expect […]