Bengaluru-based proptech startup Flent has raised Rs 21 crore (around $2.5 million) in a Pre-Series A funding round to accelerate expansion and strengthen its managed rental housing platform. Funding details and investors The round includes Rs 17 crore in equity and Rs 4 crore in debt, and was led by Incubate Fund Asia. Other participants include WEH Ventures, Twin & Bull Family Office, Stride Ventures, 91Ventures, Untitled VC, along with angel investors such as Rajesh Yabaji. In addition to institutional capital, more than 40 landlords and tenants using the platform collectively invested Rs 1 crore, reflecting early stakeholder confidence in…
Author: Aman Atulya
Bengaluru-based voice artificial intelligence startup Arrowhead has raised $3 million in a seed funding round led by Stellaris Venture Partners, as it looks to scale deployment of its voice-led sales automation technology in financial services. The round also saw participation from a group of angel investors, including founders and senior executives from fintech companies such as CRED, M2P, Turtlemint, and Kissht, according to industry sources. Use of FundsArrowhead said the capital will be deployed to deepen its proprietary AI models, expand its technology and go-to-market teams, and support wider enterprise adoption of its voice AI solutions. The company is focused…
Healthcare technology company FutureCure Health has raised ₹104 crore (about $11.5 million) in a funding round led by Carnelian Asset Management LLP, with participation from other investors. The round marks a significant follow-on to the company’s earlier $4 million fundraise in 2022, which was backed by Kotak Alternate Asset Management, RVCF Ventures and Unicorn India Ventures. Use of ProceedsFutureCure Health said the fresh capital will be used to expand access to diagnosis and treatment of vertigo, an area that remains underserved despite its high prevalence. The company plans to scale its specialised care model across hospitals and clinics in India…
The Sustainability Mafia (SusMafia), a non-profit organisation focused on climate education, early-stage incubation and ecosystem building, has received a ₹2 crore corporate social responsibility (CSR) grant from Zerodha. Use of Funds and Focus AreasSusMafia said the funds will be used to build a skilled, climate-aware workforce and support climate-tech startups developing solutions across air quality, water and sanitation, waste management, carbon reduction and the circular economy. The organisation aims to enable early-stage ventures to scale solutions that deliver measurable environmental impact. Organisation BackgroundFounded in 2018, The Sustainability Mafia operates as a coalition of entrepreneurs, investors and sustainability practitioners. Its model…
Strong Investor ResponseAdani Enterprises Limited’s ₹1,000 crore public issue of non-convertible debentures (NCDs) was fully subscribed within 45 minutes of opening, according to stock exchange data. The base issue of ₹500 crore was fully taken up in just 10 minutes, with subscriptions crossing the ₹1,000 crore mark after including the greenshoe option. Issue Structure and TimelineThe NCD issue opened on Tuesday and will close on January 19, 2026. Allotment will be carried out on a first-come, first-served basis. The issue comprises a base size of ₹500 crore with a greenshoe option of an additional ₹500 crore. Yield and RatingsThe NCDs…
Announcement at CES 2026Nvidia chief executive officer Jensen Huang on January 5 outlined the company’s plans to accelerate development of technologies for autonomous vehicles and robotics, signalling a major expansion beyond its core artificial intelligence business. The announcement was made during Huang’s keynote address at the CES trade show in Las Vegas. Alpamayo Vehicle PlatformAt the event, Huang introduced a new vehicle platform called Alpamayo, designed to enable cars to “reason” in real-world environments. According to reports, Alpamayo processes inputs from cameras and sensors, breaks down complex scenarios into steps and generates responses to navigate unexpected situations. Nvidia said the…
Debt Financing Secured From Multiple LendersJuniper Green Energy on Monday said it has raised ₹2,039 crore in debt financing from a consortium of global and domestic financial institutions, including National Bank for Financing Infrastructure and Development (NaBFID), HSBC, DBS Bank, Barclays and Aseem Infrastructure Finance. The funds will be used to support the development of upcoming renewable energy projects across Juniper Green Energy and its subsidiaries. Expanded Banking FacilitiesIn addition to the fresh debt raise, the company said it has expanded its non-fund-based limits with Federal Bank and Axis Bank, strengthening its overall financing headroom for project execution. Project-Specific AllocationsNaBFID…
Acquisition OverviewUrban Harvest, a B2B fresh-produce and food supply startup, has acquired premium gourmet food brand Cocosutra in an all-cash transaction valued at ₹2.5 crore. The acquisition marks Urban Harvest’s entry into value-added and higher-margin packaged food categories as it looks to strengthen its presence in the restaurant and HoReCa segment. Strategic RationaleUrban Harvest said the acquisition adds a portfolio of gourmet products that typically command higher margins and repeat demand. The company plans to leverage its existing base of restaurant, cloud kitchen and foodservice clients to scale Cocosutra faster than a standalone consumer brand could achieve. Integration and TimelineAccording…
Company Rejects Bloomberg ReportReliance Industries Limited has denied a Bloomberg report that claimed three tankers carrying Russian crude oil were headed to its Jamnagar refinery in Gujarat. The company termed the report “blatantly untrue” and said it was concerned about the reputational damage caused by what it described as incorrect reporting. Clarification on Crude SuppliesIn an official statement posted on X, Reliance said its Jamnagar refinery has not received any Russian crude cargoes in the past three weeks and is not scheduled to receive any such deliveries in January 2026. The company added that vessel tracking signals only indicate potential…
Transaction OverviewGlobal private equity firm Apax Funds has acquired a significant minority stake in iD Fresh Food, a Bengaluru-based company that makes ready-to-cook packaged food products. The stake was purchased from existing investors Premji Invest and TPG NewQuest, both of which will continue to back the company alongside its founders. Financial terms of the deal were not disclosed. Background to the DealMint had earlier reported Apax’s interest in November, noting discussions to acquire around a 30 percent stake for approximately ₹1,200 crore, potentially valuing iD Fresh between ₹4,000 crore and ₹4,500 crore. The companies did not comment on valuation details.…