RegTech startup IDfy has raised ₹476 crore in a funding round led by Neo Asset Management, with participation from existing investors. The funding marks a significant milestone for the company as it aims to expand its technology capabilities and strengthen its position in the identity verification and risk intelligence space. Funding Utilisation And Growth Strategy The fresh capital will be deployed to strengthen IDfy’s technology stack, enhance artificial intelligence and automation capabilities, and accelerate global market expansion. The company also plans to invest in product innovation and scale enterprise adoption across regulated sectors such as financial services, fintech, e-commerce, and…
Author: Aman Atulya
UKHI, an IP-led biopolymer and sustainable materials company, has raised Rs 10.5 crore in a seed funding round led by Venture Catalysts, with participation from 100 Unicorns, 888 VC, and DCG Pack, its strategic industrial partner. Funding Deployment And Expansion Plans The fresh capital will be used to scale production of EcoGran, UKHI’s flagship sustainable materials line, while strengthening formulation and process intellectual property. The company also plans to deepen partnerships across the packaging value chain to accelerate adoption of biodegradable alternatives across industries. Technology And Product Innovation Co-founded in 2019 by Vishal Vivek, Priyanka Chauhan, and Sandeep Kumar Tyagi,…
Sleep science and recovery company DUSQ has raised Rs 24 crore in a seed funding round led by Fireside Ventures, with participation from Antler India, Climber Capital, Startup Sherpas, Vaishav Investments, Avnish Anand (Founder, CaratLane), and Shivam Puri. Funding Deployment And Expansion Plans The fresh capital will be used to scale DUSQ’s sleep regulation platforms by expanding its neuroscience and hardware teams, strengthening intellectual property development, and upgrading its in-house sleep laboratories. The company is also preparing for a potential U.S. market launch as part of its global expansion strategy. Product Approach And Technology Focus Co-founded in 2023 by Siddhant…
Omnichannel grocery platform Elixiir Foods has raised $9 million in a seed funding round led by 3one4 Capital, with participation from Incubate Fund Asia. Funding Plans And Expansion Strategy The fresh capital will be used to launch initial operations, strengthen sourcing and private label supply chains, expand wholesale and distribution infrastructure, and develop its technology stack for city-level expansion. The company aims to build an integrated grocery ecosystem that connects farm sourcing directly with consumer delivery through a supply chain-led operating model. Business Model And Offering Founded by Arvind Mediratta and Ambuj Narayan, Elixiir Foods is building an omnichannel grocery…
Bengaluru-based restaurant tech startup Digitory has raised $500K in a pre-Series A funding round from angel investor Tejas Paresh Lodaya. Funding Details And Utilisation The fresh capital will be used to expand market reach, accelerate enterprise onboarding, strengthen R&D in automation and operational intelligence, and scale platform infrastructure. The company is focusing on enhancing its AI and machine learning capabilities to support multi-location restaurant operations more efficiently. What Digitory Builds ? Founded in 2016 by Shivaprakash S Mogali, Digitory provides an AI/ML-driven automation platform for the food and beverage industry. Its integrated system includes POS solutions, inventory intelligence, recipe management,…
Bhubaneswar-based industrial deeptech IoT startup Datoms is raising $2.77 million (approximately Rs 25 crore) in a Series A funding round led by BIG Global Investments JSC, with participation from existing investors YourNest Innovative Products VC Fund and IvyCap Ventures. Funding Snapshot Datoms has approved the issuance of 58,349 Series A compulsorily convertible preference shares and two equity shares at Rs 4,274 per share, according to regulatory filings. BIG Global Investments JSC will invest Rs 15 crore, followed by YourNest Innovative Products VC Fund with Rs 6 crore and IvyCap Ventures with Rs 4 crore. The round values the company at…
Gurugram-based electronics manufacturing startup Indigrid Technology has raised ₹40 crore ($4.4 million) in a Series A funding round led by Valour Capital, with participation from ITI Growth Opportunities Fund, Vimson Group, and Global South Capital. The company had earlier secured $4 million in September last year from existing investor Cactus Partners. Funding Snapshot The fresh capital will be deployed to expand manufacturing capacity, strengthen research and development capabilities, support working capital requirements, and explore integration opportunities across the electronics value chain. Embedded Electronics Focus Founded in 2015 by Sameer Narang and Rishab Purias, Indigrid develops and manufactures embedded electronic systems…
Bath-tech company SteamPRO has raised ₹3.8 crore in a seed funding round co-led by Anicut Capital, Zeropearl VC, D2C Insider Super Angels, and Atrium Ventures, with participation from strategic angel investors. The funding will support expansion of manufacturing capabilities and strengthen the company’s hydro wellness product portfolio. Funding To Strengthen Manufacturing And Service Expansion The fresh capital will be deployed to expand in-house manufacturing capacity, scale national service operations, and build a pipeline of new hydro wellness solutions. SteamPRO aims to strengthen product availability while building a scalable service infrastructure to support installations across India. Transforming Bathrooms Into Wellness Spaces…
Homeware and kitchen appliance brand Nester has raised ₹19 crore in a pre-Series A funding round co-led by Fireside Ventures and OTP Ventures, with participation from Sadev Ventures and Titan Capital. The funding will support the company’s product innovation and consumer-focused design strategy. Funding To Drive Consumer-Led Product Innovation The fresh capital will be used to understand consumer pain points and develop high-functionality products designed to simplify daily routines, household chores, and home organisation. The company aims to strengthen research and product development capabilities to build solutions tailored to evolving urban lifestyle needs. Building A Design-First And Technology-Driven Homeware Brand…
Indian agritech company BigHaat has raised $10 million in a funding round led by Bidra Innovation Ventures, the U.S.-based venture arm of OCP Group, a global plant nutrition solutions company. Existing investors JM Financial and Ashish Kacholia also participated in the round. Funding To Strengthen Digital Farmer Ecosystem The fresh capital will support BigHaat’s plans to expand its digital farmer-focused ecosystem and build a traceable, globally compliant food value chain. The partnership with OCP Group is expected to enhance access to advanced agricultural inputs and solutions for Indian farmers. Building A Traceable And ESG-Led Agri Value Chain Led by CEO…