E-commerce marketplace Meesho has officially filed its Red Herring Prospectus (RHP), moving one step closer to one of the most anticipated public listings of 2025. The IPO will open for subscription on December 3 and close on December 5, with anchor investors participating on December 2. IPO Structure and Valuation Meesho has set a price band of Rs 105–111 per share, putting the total issue size at Rs 5,421 crore at the upper end. The offer includes a fresh issuance of Rs 4,250 crore and an Offer for Sale (OFS) of 10.55 crore shares by early investors and some founders.…
Author: Aman Atulya
Study reveals rising adoption of preventive wellbeing and digital tools, but low maturity in chronic care, fragmentation, and impact measurement Truworth Wellness, India’s leading corporate wellbeing solutions provider, has released The Great Wellbeing Shift: India’s Corporate Health Study 2026, a landmark assessment that uncovers structural gaps, governance challenges and adoption trends shaping workforce health across India Inc. The study draws insights from 300+ organisations to evaluate wellbeing ownership, digital maturity, chronic care readiness, segmentation, engagement drivers and measurement intelligence. Wellbeing Moves From HR Initiative to Enterprise Priority The report shows a decisive shift toward structured, organisation-wide wellbeing. 83% of companies…
EV battery manufacturer Neuron Energy has raised Rs 31 crore ($3.5 million) in a pre-Series B round co-led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office, and Chona Family Office, along with participation from several HNIs and family offices. Funding Snapshot The company previously secured Rs 20 crore in its Series A round in August 2024, taking its total capital raised to Rs 80 crore. The fresh funds will support the company’s plan to scale manufacturing capacity to 3 GWh, set up a fully automated production facility for electric four-wheelers and buses, and strengthen its R&D and global expansion…
Ayurvedic clinic chain Yuvrit Ayurveda has raised $800,000 in a seed round led by Incubate Fund Asia, marking a significant step in the company’s plan to build a modern, evidence-based Ayurvedic care network for urban India. Funding Snapshot The capital will be used to expand Yuvrit’s clinic footprint in Bengaluru, strengthen medical training and standardised treatment protocols, hire senior Ayurveda specialists, and drive public awareness around preventive health and outcome-based Ayurvedic care. A New Model for Modern Ayurvedic Care Founded in 2024 by Puroo Soni and Rahul Jhawar, Yuvrit Ayurveda focuses on delivering structured and doctor-led Ayurvedic treatments for chronic…
Battery tech startup BatteryPool has raised Rs 8 crore (about $960,000) in its pre-Series A round led by Inflection Point Ventures, with participation from Indian Angel Network, Chennai Angels, Keiretsu Forum, and multiple individual investors. The fresh capital will accelerate the company’s expansion as India’s EV adoption continues to surge. Funding Snapshot BatteryPool will use the proceeds to scale its battery fleet 10x over the next 18 months and expand operations across new Indian cities. The company currently manages over 2,000 batteries across six cities, supported by its connected hardware stack. Solving India’s EV Battery Bottleneck Founded in 2020 by…
Proptech platform Square Yards has raised $35 million in fresh equity funding led by South Korea–based Smile Gate Group, with participation from existing investors. The round values the company at a post-money valuation of $935 million, marking a major step in its path toward becoming a unicorn. Funding Snapshot and Upcoming Capital Plans The latest investment is part of Square Yards’ broader capital strategy as it prepares for a Rs 2,000 crore IPO in 2026. According to sources, the company is in advanced talks to raise an additional $100 million from large global funds. The proposed infusion expected to be…
Edtech unicorn upGrad has appointed Amitabh Kant, former G20 Sherpa and ex–NITI Aayog CEO, as an Independent Non-Executive Director, strengthening its board as the company prepares for its next phase of global expansion and enterprise-led skilling. A Strategic Addition for Global and Domestic Growth Kant is expected to shape upGrad’s international strategy and deepen its role in India’s evolving skilling landscape. His experience in policy, governance, economic transformation and public–private partnerships positions him to contribute meaningfully to upGrad’s long-term roadmap. Kant noted that India requires “new-age skilling” at speed and scale, adding that upGrad’s university and enterprise partnerships make it…
Deep-tech startup Arctus Aerospace has raised $2.6 million in a pre-seed round from Version One Ventures, South Park Commons, gradCapital, and prominent angel investors including Balaji Srinivasan, Srinivas Narayan, and early engineers from Ather, Bounce Infinity, and Boom Supersonic. The capital marks a significant step in Arctus’s bid to build one of India’s deepest full-stack unmanned aviation systems. Building Long-Endurance Aircraft for Real-Time Intelligence Arctus is developing large unmanned aircraft capable of flying at 45,000 feet for up to 24 hours, carrying payloads of up to 250 kg. The company operates out of its manufacturing and testing facility in Bengaluru…
Android-laptop maker Primebook has secured an additional $250,000 in a mix of primary and secondary investments from Ekamya Capital, following its $2 million pre-Series A round earlier this year that valued the company at $15 million. The latest infusion reinforces Primebook’s product roadmap as it scales its Android-based computing ecosystem. Funding to Boost PrimeOS, AI Infrastructure and Cloud PC Capabilities The company said the capital will accelerate development of its proprietary operating system, PrimeOS, while strengthening its AI layer, Companion Mode, and the underlying Cloud PC architecture that supports remote productivity for learners. The funds will also be used to…
Fintech startup AxiTrust has raised ₹23.5 crore in a seed funding round led by General Catalyst, with participation from Atrium Angels, YAN Network, Supermorpheous and several individual investors. The capital marks a major step in AxiTrust’s mission to create digital infrastructure for surety bonds, a category poised to transform India’s credit and procurement landscape. Digitising India’s Surety-Bond Ecosystem AxiTrust will use the funds to build the technology rails that will power large-scale adoption of surety bonds across India’s banking, insurance, and procurement networks. Surety bonds—common in global markets—offer an insurance-backed, digital alternative to conventional bank guarantees, reducing the need for…