Post-acute and rehabilitative healthcare chain Sukino has raised $31 million in a Series B funding round led by Bessemer Venture Partners, with participation from Rainmatter. Expansion across new markets The company said the fresh capital will be used to expand its footprint into new geographies, as demand rises for structured recovery care outside traditional hospital settings. Sukino plans to significantly scale its bed capacity and centre network over the next two years. Focus on post-acute and rehabilitation care Founded in 2016 by Rajinish Menon and Shalini Menon, Sukino operates in the post-acute and rehabilitative care segment, addressing a critical gap…
Author: Aman Atulya
State-owned Power Finance Corporation (PFC) has announced plans to raise up to ₹5,000 crore through a public issue of bonds, according to a company release. Issue structure and timeline The bond issue has a base size of ₹500 crore with a greenshoe option of ₹4,500 crore, taking the total issue size to ₹5,000 crore. The proposed fundraising falls within PFC’s existing ₹10,000 crore shelf limit. The issue will open for subscription on January 16, 2026, and close on January 30, 2026, with an option for early closure or extension depending on investor response. Coupon, rating and listing PFC is offering…
India’s Vehicle Leasing Market Is Still Underpenetrated India’s passenger vehicle leasing market remains structurally underdeveloped. Leasing penetration is under 5 percent, compared to over 30 percent in mature global markets. As corporates look to reduce balance-sheet exposure and employees seek flexibility over ownership, demand is shifting towards asset-light, tech-led mobility solutions that can work across new, used, and electric vehicles. Funding Snapshot Gurugram-based PumPumPum has raised ₹18 crore (around $2.2 million) in a pre-Series A funding round led by LC Nueva. The round also saw participation from Mufin Green and Anupam Finserv.Earlier, the company had raised ₹2 crore from Inflection…
India’s artificial intelligence infrastructure is entering a new phase as large enterprises move beyond software into compute-heavy, physical AI assets. Against a backdrop of rising AI adoption, cloud demand, and government-backed digital public infrastructure, private players are now investing in large-scale data centres to localise AI workloads within India. This week, Reliance Jio, the digital arm of Reliance Industries, announced plans to build India’s largest AI data centre and launch a new AI platform in Gujarat. The announcement was made by Mukesh Ambani, signalling a long-term push to anchor AI compute capacity within the country. The proposed facility will support…
India’s Premium Food Brands Enter a Scale-Up Phase India’s specialty food and beverage sector is moving into a consolidation phase. Urban consumers are increasingly shifting away from commoditised café chains and processed fast food towards traceable sourcing, premium formats, and brands built on quality consistency. This has created room for vertically integrated food startups that control both production and consumer experience. Funding Snapshot Bengaluru-based Good Farmer Food Concepts has raised $1.5 million (approximately ₹12.5 crore) in an ongoing pre-Series A round. The round was led by CreedCap, with participation from Rohan Bopanna, Rahul Dravid, and Meraki Sport & Entertainment. What…
Khoraj facility to anchor next phase of capacity expansion; land acquisition approved at ₹4,960 crore Maruti Suzuki India on Monday confirmed that its upcoming car manufacturing plant, the company’s fifth in the country, will be located at the Khoraj industrial estate in Gujarat’s Gandhinagar district, marking a key step in its long-term capacity expansion strategy. In a regulatory filing to the BSE, the country’s largest carmaker said the board has approved ₹4,960 crore towards land acquisition, development and preparatory activities for the new facility. The total investment for the plant, along with phased installation of manufacturing capacity, will be finalised…
New growth pool for tech and consumer startups Venture growth firm Dharana Capital has raised $250 million for its second India-focused growth fund, according to regulatory filings and media reports. The capital will be deployed to invest in technology and consumer businesses across the Indian startup ecosystem. Building on earlier capital and long-term vision This new vehicle follows Dharana Capital’s first fund of $160 million, raised in 2022. The firm said it intends to support founders in building durable, standalone businesses that can potentially transition to public markets. Dharana typically writes larger growth-stage cheques tailored to individual company needs, and…
Regulatory approval for public listing Capital markets regulator Securities and Exchange Board of India has cleared the initial public offering (IPO) plans of OnEMI Technology Solutions, the parent company of digital lending platform Kissht, according to regulatory filings. The approval follows the company’s submission of its Draft Red Herring Prospectus (DRHP) last year, as more fintech firms prepare to tap public markets amid improving investor sentiment. IPO structure and size As per the draft papers, the proposed IPO will include a fresh issue of shares worth up to ₹1,000 crore, along with an offer for sale (OFS) of nearly 8.8…
Hyderabad-based finance automation startup Bluecopa has raised $7.5 million in a Series A funding round led by Analog Partners, with existing investors Blume Ventures and Dallas Venture Capital also participating. With this round, Bluecopa’s total funding stands at $11.6 million. The development follows an earlier report by Entrackr in November, which had indicated the company was in advanced talks to close a Series A round. Use of funds and expansion plans The fresh capital will be used to deepen product development around autonomous finance capabilities and to build specialised AI models for finance teams handling large transaction volumes. Bluecopa also…
Policy unveiled at Umagine TN summit Tamil Nadu has launched a dedicated Deep Tech Startup Policy 2025–26, positioning itself as the first Indian state to roll out a framework focused exclusively on science-led, IP-intensive ventures with long research cycles and high technical risk. The policy was unveiled by M K Stalin at the Umagine TN technology summit in Chennai. Aimed at bridging lab-to-market gaps Anchored by the Information Technology and Digital Services Department and implemented through the Tamil Nadu Technology Hub, the policy seeks to address structural challenges faced by deep tech startups in moving from research to commercialisation. The…