Healthtech startup MedySeva has raised Rs 4 crore in a seed funding round led by Unicorn India Ventures. The fresh capital will be deployed to expand the company’s hybrid healthcare model, strengthen digital infrastructure, and scale patient outreach across India’s underserved regions. Focus on Phygital Expansion and Digital Integration MedySeva said it will utilise the funds to establish new phygital healthcare clinics in tier-II and tier-III locations, upgrade its telemedicine platform, and build on-ground operations and clinical support teams. The expansion aims to bridge the healthcare accessibility gap by integrating teleconsultation with local in-person doctor support. Hybrid Model for Rural…
Author: Aman Atulya
Ayurvedic wellness brand BabyOrgano has raised Rs 20 crore ($2.4 million) in a pre-Series A funding round led by RPSG Capital Ventures, with participation from existing investor Sauce.vc. The company plans to utilise the fresh capital for product development, marketing, and scaling operations as it eyes Rs 100 crore in revenue by FY27. Expanding Ayurveda for Modern Childcare Founded in 2020 by Riddhi and Ripul Sharma, BabyOrgano focuses on Ayurveda-based wellness solutions designed for children’s daily health and immunity needs. The Ahmedabad-based startup has built a community of over one million parents and reports a 40% repeat purchase rate, underscoring…
US chipmaker Nvidia has joined Indian and US investors in backing India’s deep-tech startups, as the India Deep Tech Alliance secured over $850 million in new capital commitments, according to a Reuters report. Launched in September 2025 with an initial $1 billion fund, the alliance seeks to bridge the funding gap in research-driven sectors including semiconductors, space, robotics, and artificial intelligence (AI). Nvidia’s Role and New Investors As a founding member and strategic advisor, Nvidia will provide technical guidance, AI training, and policy insights to help Indian startups integrate its computing technologies. Other backers in the latest round include Qualcomm…
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, has announced a plan to raise up to ₹25,000 crore through a partly paid-up rights issue. This will be one of India’s largest equity raises in 2025, aimed at strengthening the balance sheet and advancing growth across airports, green energy, digital infrastructure and road projects. This move signals the group’s renewed re-entry into capital markets after a period of caution following the Hindenburg Research report in early 2023. That episode led to a sharp decline in group valuations and a temporary halt to its earlier ₹20,000 crore follow-on public…
Bengaluru based on-demand logistics platform Porter has initiated a workforce reduction of approximately 300 to 350 employees as part of a cost-rationalisation drive. The move comes as the company reportedly gears up for a public listing, signalling a shift toward operational discipline in preparation for a potential IPO. Porter has not officially disclosed the exact figures, but multiple sources familiar with the matter confirmed the magnitude of the layoffs to The Economic Times. This cutback reflects a broader recalibration of resources as the firm navigates the transition from high growth startup to a listed entity. The logistics startup is known…
Wyzard.ai, a Signal-to-Revenue AI platform for B2B go-to-market teams, has raised $500,000 in its first external funding round. The angel round saw participation from prominent industry leaders, including Tim Davis (OLX Group), Ambarish Kenghe (Angel One), Bhuvan Gupta (OfBusiness, Oxyzo), Rajul Jain (Increff), Manav Kamboj (PropertyGuru), Andrew Garrihy (ex-Samsung, Vodafone), and Puja Kapoor (Hero FinCorp), among others. Funding Vision and Strategic Use After operating in a bootstrapped model, this capital infusion will be used to scale product development, strengthen GTM partnerships, expand its team, and drive international growth across the US and EMEA regions. The company plans to integrate with…
ChrysCapital has announced the final close of its Fund X at $2.2 billion, making it the largest private equity fund raised by an India-focused firm to date. The fund represents a 60 percent increase from its previous Fund IX of $1.35 billion, closed in 2022, highlighting growing investor confidence in India’s private equity ecosystem. Capital Deployment Strategy Fund X will be deployed across established companies in high-growth sectors such as healthcare, consumer, financial services, enterprise technology, and industrials. ChrysCapital plans to invest the capital over the next three to four years, with multiple transactions already in progress. The firm will…
Karnataka has announced a ₹600 crore DeepTech innovation plan aimed at building India’s strongest ecosystem in artificial intelligence, quantum computing, semiconductors, robotics and dual-use technologies. The initiative aligns with the upcoming Bengaluru Tech Summit and marks a shift from startup quantity to innovation quality. Early-Stage Capital and Regional Expansion A ₹150 crore DeepTech Elevate Fund has been introduced to back AI and deep science startups. To decentralise innovation, ₹80 crore has been allocated to the Elevate Beyond Bengaluru programme, expanding startup activity to Mysuru, Mangaluru, Hubballi-Dharwad and Kalaburagi. Co-Investment and Institutional Support The state is exploring a co-investment model with…
In a decisive move to reinvigorate its India ambitions, Tesla has appointed Sharad Agarwal former head of Lamborghini India as its new country head. This marks a strategic shift from remotely managed operations to a leadership presence on the ground. Luxury-Focused Strategy Over Mass MarketAgarwal’s appointment signals Tesla’s renewed focus on premium buyers rather than immediate mass-market penetration. With a decade long experience shaping Lamborghini’s dominance in India’s super luxury segment, Agarwal is expected to convert elite curiosity into meaningful sales while navigating high import tariffs and slow EV adoption. Tesla’s Challenges in IndiaSince launching sales in mid July, Tesla…
Tsalla Aerospace has raised $1 million in its first external funding round, led by Sunny Stalnaker, Executive Vice President at ASML. The round also saw participation from SIDBI and equity-free grants through the Ministry of Defence’s Innovations for Defence Excellence (iDEX) programme. The capital will be used to enhance its AI-driven autonomy platform and scale deployments for defence and industrial applications. Deep-Tech Innovation and Core Technology Founded in 2019 and incubated at the Indian Institute of Science (IISc), Tsalla Aerospace specialises in AI-based autonomy for drones and unmanned systems. Its flagship product, an AI Pilot, enables UAVs to operate without…