Startup Funding News
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 […]
DrinkPrime funding: Bengaluru water purifier startup raises ₹20 Cr at $36.8 Mn valuation
Clean drinking water is a basic need, but buying and maintaining a purifier in India is still weirdly expensive and messy. That’s the gap DrinkPrime is chasing, and its latest DrinkPrime funding update shows investors still like the bet: the Bengaluru startup has raised ₹20 crore, plus an undisclosed debt component, to expand its smart […]
OfficeBanao Funding Lands $7.7M for AI Fit-Outs
OfficeBanao builds tech-led commercial interiors and office fit-out solutions for businesses in India. In its latest funding round, OfficeBanao raised $7.7 million from existing backer Lightspeed, as it tackles an office design market in India still defined by scattered vendors, poor visibility, and costly delays. Founded in 2022 by Tushar Mittal, the company is trying […]
WeRize Funding: Sony Backs ₹64 Cr Small-Town Push
WeRize is a Bengaluru-based full-stack fintech that sells credit, insurance, and savings products through local financial advisors in small-town India. It’s raising ₹64 crore, or about $6.9 million, in fresh WeRize funding led by Sony Innovation Fund, with existing backer 3one4 Capital joining the round. Outside big cities, a lot of households still want formal […]
Ecofy Funding: BII Backs ₹380.5 Cr Green Lending Bet
Ecofy is a Mumbai-based green financing NBFC that lends for rooftop solar, electric vehicles, and sustainability-linked SME use cases. Its latest Ecofy funding round brings in ₹380.5 crore in fresh equity from British International Investment, Finnfund, FMO, and Eversource Capital. The gap it’s chasing is obvious: clean assets are spreading fast, but affordable last-mile credit […]
Atlys Funding: Visa Processing Startup Raises $36M Series C to Expand AI Globally
Atlys is a visa processing startup that lets travellers discover, apply for, and manage visas digitally, and it has now raised $36 million in Series C funding. The pitch is simple: getting a visa is still weirdly manual, slow, and stressful even though almost every other part of travel has gone online. Founded in 2021 […]
BambooBox Funding: Startup Raises $6.6M to Scale AI-Powered ABM Platform
Broad B2B marketing still wastes time, budget, and sales energy. That’s the pain BambooBox is going after, and its latest BambooBox funding round gives it more firepower to do it. The SaaS startup has raised $6.6 million, about ₹55 crore, led by Peak XV Surge, to build out AI, expand its account-based marketing platform globally, […]