Electric vehicle startup Simple Energy has secured $10 million in a fresh funding round. The capital will be used primarily to scale its store and experience center network across India, aiming to strengthen customer touchpoints and drive adoption. Simple Energy’s models, such as the Mark 2 electric motorcycle, already enjoy a presence in multiple cities through its direct sales and partner outlets. With the new funding, the company plans to significantly broaden its retail ecosystem, ensuring deeper penetration in key markets and smoother customer journeys from discovery to delivery. The investment comes at a time when Indian EV startups are…
Author: Aman Atulya
AI-first app development platform Emergent has raised $23 million in a Series A round led by Lightspeed, with participation from Together Fund, Y Combinator, Prosus Ventures, and angel investors including Jeff Dean, Devendra Chaplot, and Balaji Srinivasan. The funding brings Emergent’s total capital raised to $30 million, following a $7 million seed round earlier this year. Building Without Developers Founded in 2025 by Mukund Jha and his brother, Emergent enables users to create, launch, and scale apps instantly without technical expertise or large engineering teams. Its subscription-based platform handles everything—UI, logins, payments, backend servers, and scaling—powered by autonomous AI agents…
Fintech startup Oolka has raised $7 million in a seed funding round co-led by Lightspeed India Partners and Z47, with participation from 8i Ventures and several angel investors. This comes after Oolka had previously raised $6.9 million in the same round from Lightspeed Venture Partners and others. Funding Snapshot Solving the Credit Gap India’s young population is increasingly turning to digital platforms to manage finances, yet credit health remains opaque and confusing. From tracking CIBIL scores to managing EMIs, many face challenges that restrict access to affordable credit. Oolka addresses this by offering an AI-powered platform that delivers personalized insights,…
Early-stage venture capital firm Good Capital, known for backing breakout names like Meesho, Orange Health, and LEAD School, has announced the final close of its second fund at $30 million (₹260 crore). The fund, launched in 2023 with a target of $35 million, saw strong commitments from family offices across Asia and Europe. Fund Focus & Portfolio With Fund 2.0, Good Capital will continue its thesis of supporting technology-first and AI-driven startups, betting on companies building scalable solutions with global ambitions. The firm has already backed ventures such as: Strategy & Vision “With Fund 2.0, we doubled down on high-conviction…
Deep-tech startup Xbattery, focused on advanced energy storage solutions, has raised $2.3 million in a Seed funding round led by the Bipin Patel Family Office, with participation from Jhaveri Credits. The capital will be deployed towards R&D, hardware sourcing, hiring, and scaling prototypes for commercialization and early orders. Indigenous Battery Innovation Founded in 2024 by Satish Reddy, Sonu Mishra, and Varshith Rao, Xbattery is developing high-voltage Battery Management Systems (BMS) and advanced battery packs for both electric vehicles (EVs) and grid-scale storage applications. Its flagship product, the BharatBMS, is capable of managing up to 800V systems, offering a critical alternative…
Rushu, India’s newest luxury handloom house, was officially unveiled today, founded by Shuchi Kulshreshtha and her mother. The brand positions itself not merely as a fashion label but as a custodian of India’s weaving heritage, blending tradition with contemporary elegance. Rushu is built on the philosophy of “Preserving Craft. Reclaiming Prestige.” It emphasizes three pillars: Authenticity, Legacy, and Excellence, ensuring that each creation is a testament to India’s timeless artistry. The brand transforms heirloom handlooms into modern luxury products, where every weave reflects meticulous craftsmanship and thoughtful design. Empowering Artisans and CommunitiesBeyond luxury, Rushu is deeply committed to social impact.…
Premium kitchenware brand P-Tal (Punjab Thathera Art Legacy) has raised $3 million in a funding round led by VC Grid and Nithin Kamath’s Rainmatter, with participation from Connecticut Innovations, Anicut Capital, Zeropearl VC, and a group of angel investors. What P-Tal Does Founded by Aditya Agrawal, P-Tal blends traditional Indian craftsmanship with modern design, offering handcrafted copper, brass, and bronze kitchenware. Its product range includes cooking utensils, tableware, dinnerware, and daily essentials starting at Rs 1,500. The company works with 110 artisan families across Chandigarh and Moradabad, ensuring legacy crafts are preserved while catering to modern tastes. P-Tal sells through…
Gullak, a SaaS-driven digital gold savings platform, has raised $7.5 million in a funding round led by Chiratae Ventures, with participation from White Venture Capital and Samved Ventures. The fresh capital will be used to strengthen partnerships with jewellery brands and expand the platform into tier II and III cities. Founded in 2022 by former JusPay executives Manthan Shah, Dilip Jain, and Naimisha Rao, Gullak enables users to automate savings by converting spare change or UPI round-ups into digital gold investments. Users can also start gold SIPs from ₹100 per day and redeem accumulated gold in various forms, including home…
Technology-focused venture capital firm Chiratae Ventures has announced the second close of its fifth venture capital fund (Fund V) at $150 million, with a final close expected in the first quarter of 2026. The fund will focus on early-stage startups across Seed, Series A, and Series B rounds. Expanding Focus Areas Fund V is led by Managing Directors Venkatesh Peddi and Ranjith Menon, who will drive investments across Chiratae’s core sectors. The firm plans to double down on AI, deeptech, healthtech, consumertech, fintech, SaaS, climatetech, and spacetech, while also expanding into emerging areas like DefenceTech and Quantum technologies. Founded by…
Full-stack tech-enabled consumer electronics re-commerce startup Grest has raised Rs 16 crore in its latest funding round, with Equentis leading the round by contributing Rs 7 crore. The round also saw participation from The Chennai Angels, Lead Invest, and India Accelerator, combining equity and debt instruments. Scaling Operations and Infrastructure Co-founded in 2018 by Shrey Sardana and Nitin Goyal, Grest sources, refurbishes, and resells high-quality smartphones, laptops, tablets, and smartwatches through online and offline channels. With the fresh capital, the company plans to: Market Impact and Sustainability Grest’s model contributes to the circular economy, extending product lifecycles, reducing electronic waste,…