Fragaria, a premium fruit startup, has raised $2 million in a seed funding round led by WEH Ventures, with participation from Rainmatter, Spiral Ventures, and angel investors including Sashi Kumar. The company had earlier raised Rs 1.5 crore in a pre-seed round, marking a strong vote of confidence in its growth potential. About Fragaria Fruits Founded in 2024 by Harish Varadharajan, Timothy Chad Van Niekerk, and Damian López-Salazar, Fragaria Fruits focuses on delivering high-quality, sustainably grown fruits year-round to Indian consumers. Its flagship brand, Oh! Fruits, currently offers European strawberries grown in Chennai using advanced vertical farming and Controlled Environmental…
Author: Aman Atulya
Matters.AI (formerly OptiQ.AI), a next-gen AI-native data security startup, has raised ₹42 crore ($4.7 million) in seed funding. The round was co-led by Kalaari Capital and Endiya Partners, marking one of the most significant early-stage deals in India’s cybersecurity ecosystem this year. What Matters.AI Solves Founded in 2023 by Keshava Murthy and Harsh Sahu, Matters.AI helps enterprises discover, monitor, and protect sensitive data across cloud platforms, internal systems, and user devices. Its platform leverages multimodal large language models and eBPF-based tracing technology to detect data leaks, prevent misuse, and automate compliance tasks through an intelligent “copilot” interface. By automating data…
India’s leading cryptocurrency exchange CoinDCX has secured a fresh undisclosed investment from Coinbase, valuing the company at $2.45 billion post-money. This marks an extension of the firm’s previous funding round and strengthens the strategic partnership between the two exchanges. Coinbase, which first invested in CoinDCX in 2020, also participated in its $135 million Series D round in April 2022, when CoinDCX was valued at over $2 billion. The company first entered the unicorn club in August 2021, following a $90 million Series C round. The latest funding will fuel product innovation, on-chain development, and international expansion, with a strong focus…
Airbound, an autonomous delivery logistics startup specialising in blended-wing-body aircraft, has raised $8.65 million in a seed funding round, marking a significant milestone in India’s drone logistics ecosystem. The round was led by Lachy Groom, with participation from Humba Ventures, existing investor Lightspeed, and senior executives from Tesla, Anduril, and Ather Energy. With this latest round, Airbound’s total funding now exceeds $10 million. The company plans to utilise the capital to scale manufacturing, expand its reach beyond medical logistics, and refine its proprietary drone technology for large-scale market adoption by 2026. Founded in 2023 by Naman Pushp, Airbound is developing…
Adani Enterprises, through its joint venture AdaniConneX, has partnered with Google to develop India’s largest AI data centre campus in Visakhapatnam, Andhra Pradesh. The project will also include new green energy infrastructure, supporting advanced AI workloads while promoting sustainable development. The Google AI hub represents an investment of around $15 billion over five years (2026–2030). It will feature gigawatt-scale data centre operations, a robust subsea cable network, and clean energy generation and storage systems. AdaniConneX and Airtel will work closely with Google to implement the project, ensuring high-performance computing and connectivity for businesses, researchers, and AI-driven innovations. The AI hub…
In a major step towards data sovereignty and cybersecurity, the Indian government has migrated approximately 1.2 million email accounts of central government employees, including the Prime Minister’s Office (PMO), from the National Informatics Centre (NIC) to Zoho Corporation’s platform. The initiative, launched in 2023, was accelerated after a ransomware attack at AIIMS in late 2022, which exposed vulnerabilities in government digital infrastructure. The incident highlighted the need for greater control over critical data and communication systems, prompting the Ministry of Electronics and Information Technology (MeitY), through the Digital India Corporation (DIC), to invite bids for migration to a private, secure…
Airoclip, a gaming studio specializing in adaptive and AI-driven mobile puzzle games, has raised $2.75 million in a seed funding round led by T-Accelerate Capital (TAC), with participation from Centre Court Capital and BITKRAFT Ventures, a global gaming investor. Founded in 2024 by Naga Rohith Anisetty and Pruthvi Sai Y, Airoclip focuses on personalized gaming experiences through AI-driven content generation and adaptive story progression. The studio’s flagship games, Tap Hexa and Hexa Dreams, have already garnered significant attention, with over 300,000 installs across the USA and Europe. The seed capital will be used to accelerate the development of Airoclip’s proprietary…
Two Brothers Organic Farms (TBOF), a direct-to-consumer (D2C) agritech brand, has raised Rs 110 crore ($12.5 million) in a Series B funding round. The round was led by 360 One Asset, Rainmatter Investments, Narotam Sekhsaria family office, and IGNITE Growth LLP. This comes after the startup raised Rs 58.2 crore in Series A from Rainmatter Foundation in June 2024. Founded by Satyajit and Ajinkya Hange, TBOF connects farmers with consumers through organic farming and farm-to-family supply chains, promoting rural livelihoods and biodiversity. The Pune-based company produces a wide range of organic staples, including ghee, rice, jaggery, wheat flour, spices, grains,…
Artha India Ventures (AIV) has successfully completed the first close of Rs 250 crore for its second micro venture capital fund, Artha Venture Fund II (AVF II). The fund targets a total corpus of Rs 500 crore, with an additional Rs 100 crore green-shoe option to accommodate further investment demand. AVF II will focus on seed-stage startups across four key sectors: premium consumption, fintech infrastructure, applied AI, and deep tech. The fund plans to deploy initial investments of Rs 4 crore in early-stage rounds, with follow-on funding ranging between Rs 8–16 crore for selected companies. The strategy aims to secure…
Reia Diamonds, a lab-grown diamond jewellery brand, has raised ₹2 crore in a pre-seed funding round led by Dinesh Talera and family, with participation from Venture Catalysts. The funding will support the brand’s retail expansion, omnichannel growth, and product innovation, particularly in engagement rings and versatile everyday jewellery. Launched in 2023 by Prapanjj S K Kota, Reia Diamonds specializes in ethically sourced, high-quality lab-grown diamonds, offering both original designs and fully customizable pieces. The brand also provides select natural diamonds, ensuring transparency in pricing and craftsmanship. Reia Diamonds has positioned itself as a modern jewellery brand that blends innovation with…