Bamboo-based kidswear brand Kidbea has raised Rs 30 crore (approximately $3.2 million) in a Series A funding round led by Enrission India Capital, with participation from Inflection Point Ventures, LetsVenture, FE Securities, Venture Catalysts, and Lead Angels. The round also saw backing from notable investors including Ghazal Alagh, Roman Saini, and Bahram N Vakil, among others. The Noida-based startup had previously raised $1 million in January 2024. Building a sustainable bamboo-led kidswear brand Founded in 2021 by Swapnil Srivastav, Mohammad Hussain, Aman Kumar Mahto, and Ankita Rani, Kidbea designs and sells bamboo-based apparel and childcare products for infants and toddlers.…
Author: Aman Atulya
Solar financing platform Metafin has secured a $10 million (approximately Rs 83 crore) structured debt facility from Lendable through its Transportation and Energy Fund. The capital will be used to expand financing for solar energy solutions across rural India, particularly targeting MSMEs and households transitioning away from diesel-based systems. Expanding access to clean energy for underserved regions Founded by Sandeep Chopra and Aditya Shah, Metafin focuses on enabling productive-use solar financing for small businesses and rural enterprises. The platform integrates financing with a network of 1,000+ local installers, along with a servicing arm that supports deployment and maintenance, ensuring end-to-end…
Mobility fleet platform LetzRyd has raised $4 million (approximately Rs 33 crore) in a Series A funding round led by JIF Capital, with participation from Japan-based VC 15th Rock (its first India investment) and existing investor UNLEASH Capital Partners. The Bengaluru-based startup had previously raised $1 million in a pre-Series A round. The fresh capital will be used to strengthen its fleet network, scale its operating platform, and enhance technology-driven fleet and driver lifecycle management. Building scalable fleet solutions for ride-hailing platforms Co-founded in 2023 by Tarun Jain, Kushagra Dokania, and Sarvagna G, LetzRyd develops fleet solutions for ride-hailing platforms…
Matt Brittin, a long-time Google executive and seasoned business leader, is reportedly set to become the next Director-General of the BBC, according to multiple reports. The appointment is expected to be formally announced soon, following the exit of current chief Tim Davie. Brittin, 57, spent nearly two decades at Google, joining in 2007 and rising to become President of Europe, Middle East, and Africa (EMEA) in 2014. In this role, he oversaw one of Google’s largest global business regions, managing operations, partnerships, and expansion strategies across diverse markets. Career Journey from Consulting to Big Tech Leadership Before Google, Brittin worked…
As India accelerates investments in artificial intelligence (AI), cloud infrastructure, and semiconductors, Cubastion Consulting is strengthening its focus on enabling enterprises to build secure, compliant, and scalable digital infrastructure. The company is working closely with Indian businesses to integrate AI infrastructure, data security, and compliance-led cloud computing into their core digital transformation strategies. Ravi Kumar, CEO of Cubastion Consulting, emphasised that India’s next digital growth phase will be shaped not just by infrastructure investments but by how data ecosystems are managed. He noted that with AI and digital platforms generating vast volumes of strategic data, the real challenge lies in…
Connected factory platform Workroom Automation has raised Rs 6.2 crore in a seed funding round led by Equirus InnovateX Fund, with participation from Astir Ventures, Venture Catalysts Group, and angel investors. The Hyderabad-based startup will use the fresh capital to accelerate product development, strengthen its core platform, and scale go-to-market efforts. Building an intelligence layer for connected factories Founded by Abhinav Atthota and Rohan Agarwal, Workroom Automation develops a connected factory platform that integrates data across ERP, MES, machines, and shopfloor workflows. The platform acts as a unified intelligence layer, enabling real-time decision-making and automated execution across manufacturing operations. AI-powered…
Digital lending marketplace Finfinity has raised $2.4 million (approximately Rs 20 crore) in a seed funding round led by Mankind Pharma Promoter’s Family Office, with participation from Vi-John Group and multiple angel investors. The fresh capital will be used to strengthen its technology platform, expand lender partnerships, scale distribution, and invest in customer acquisition and brand building. The round reflects growing investor interest in digital credit infrastructure platforms in India. Building a transparent loan comparison platform Co-founded in 2023 by Pradeep Chauhan, Mohit Jain, and Vijay Kadam, Finfinity enables users to compare loan options across multiple lenders to secure better…
Toy manufacturing startup BIDSO has raised Rs 63 crore (approximately $6.7 million) in a Series A funding round led by Blume Ventures. The round includes Rs 51 crore in equity and Rs 12 crore in venture debt from Alteria Capital, with participation from Peer Capital and Sadev Capital. The Bengaluru-based company had previously raised $1.5 million in 2023. The fresh capital will be used to strengthen product design, expand manufacturing capacity, and grow its product portfolio. Building a design-led manufacturing platform for brands Co-founded in 2022 by Ashwin Jain and Rahul Agarwal, BIDSO operates a design-led manufacturing platform that enables…
EV rapid charging startup Exponent Energy is set to raise Rs 182 crore (approximately $20 million) in an extended Series B round co-led by 360 One and TDK Ventures. The round will also see participation from existing investors including YourNest, Advantedge Technology, Eight Roads Ventures, Lightspeed India, and others. This marks the company’s first major fundraise in over two years since its $26.4 million Series B round in December 2023. Capital infusion to accelerate EV charging infrastructure According to regulatory filings, Exponent Energy’s board has approved the issuance of 85,135 Series B2 CCPS at Rs 21,430 per share to raise…
Flipkart’s group chief financial officer Sriram Venkataraman is set to step down from his role, the company said in a statement. The announcement comes at a time when the Walmart-backed e-commerce firm is preparing for a potential initial public offering (IPO) in India. Venkataraman, who has spent over a decade at Flipkart, will transition out over the next few months to ensure continuity in leadership. Ravi Iyer to oversee finance operations during transition During the interim period, Ravi Iyer, CFO at Flipkart, will take charge of the broader finance organisation. The company has not yet announced a successor for Venkataraman.…