AI-driven fintech startup Pelocal has secured $5 million in a Series A round led by UNLEASH Capital Partners and Unicorn India Ventures, with participation from prominent angel investors. The fresh capital will be used to accelerate product development, expand use cases, and drive go-to-market efforts. Funding Snapshot Founded in 2021 by Vivekanand Tripathi and Vikas Garg, Pelocal offers an AI-powered payments orchestration platform that enables enterprises to acquire, engage, and collect from customers seamlessly on WhatsApp. Serving India’s 700 million active OTT chat users, the platform integrates payments directly into conversations and supports ticketing, collections, customer acquisition, and servicing. It…
Author: Aman Atulya
BeyondSquare Solutions, an enterprise IT product firm, has raised $4 million in its Series A round led by Avant Global Corporation. The investment will be executed in three phases, including new and convertible shares, additional subscriptions from existing shareholders, and warrant conversions tied to performance milestones. Funding Snapshot Founded by Karthik Ganeshan, Venkatachalam PK, and Rangan Varadan, BeyondSquare Solutions developed FinAlyzer, a financial consolidation and reporting solution designed for CFOs and enterprise finance teams. FinAlyzer automates close, consolidation, and compliance processes, while integrating seamlessly with diverse ERP and accounting systems. It offers real-time insights, strengthens governance, and reduces operational risks.…
Rural India faces an uneven healthcare map: crumbling infrastructure, a shortage of doctors, and long travel times to the nearest hospital, often over 50 kilometres away. Online Chikitsa Mitra (OCM) was founded to change that reality. At its core, OCM believes healthcare is a right, not a privilege. The health-tech startup connects people in remote communities to specialist doctors via strategically placed E-clinics inside local medical stores. Store owners, trained in telemedicine facilitation, act as bridges between patients and doctors, ensuring medical care, follow-ups, and treatment adherence — all without exhausting trips to urban hospitals. Founders Behind the Vision The…
Founded in 2011 in Bengaluru by Dr. Krishna Kumar S — a passionate Vaidya and visionary Ayurveda entrepreneur — Keva Ayurveda began with a sacred mission:to make Ayurveda Authentic, Affordable, and Accessible for every home, every family, and every life seeking balance and healing. What started as a modest 1,000 sq. ft. clinic in BTM Layout has now flourished into India’s first NABH-accredited Ayurveda brand, offering a 360° Wellness Ecosystem across Ayurveda, Yoga, and Naturopathy. Milestones of Growth What Makes Keva Ayurveda Unique? Trusted Worldwide Keva Ayurveda has become a global destination for patients, especially those seeking natural fertility solutions.…
London-based tech company Nothing has raised $200 million in a Tiger Global–led round, pushing its valuation to $1.3 billion as it looks to embed artificial intelligence (AI) across its hardware ecosystem. Existing investors GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry also participated. Funding Snapshot Vision & Expansion Founded in 2020 by Swedish entrepreneur Carl Pei, Nothing entered the smartphone market in 2022 after debuting with earbuds. Having shipped millions of devices and crossed $1 billion in sales, the company is now betting on AI to differentiate itself in a market long dominated by Apple and Samsung. Nothing plans to…
TVS Motor Company has partnered with ALT Mobility, India’s largest EV leasing and lifecycle management provider, to lease and deploy up to 3,000 electric three-wheelers in FY2025–26. The tie-up spans both passenger and cargo categories, aiming to accelerate adoption of sustainable last-mile mobility. Partnership Snapshot The Collaboration TVS will provide its advanced EV three-wheeler portfolio, engineered for longer range, faster charging, and higher durability. ALT Mobility will handle procurement, leasing, and financing, while integrating asset management tools to reduce downtime and enhance earning potential for drivers. The Edge For ALT, the partnership builds on its $6 million raise in January…
Fintech unicorn CRED has expanded its financial lifestyle portfolio with two bold moves: the launch of a RuPay co-branded credit card with IndusInd Bank and the unveiling of CRED Sovereign, an invite-only society anchored by an 18K gold credential. Snapshot The Strategy The RuPay card signals CRED’s push into mass-affluent lifestyle banking, while Sovereign taps the ultra-premium segment with curated access to wealth, travel, and cultural networks. Together, they expand CRED’s ecosystem from rewards to influence. Numbers in Play CRED currently counts over 13 million monthly active users. The firm has raised $1 billion across nine rounds, but its May…
India’s indigenously designed Direct-to-Mobile (D2M) semiconductor chips took center stage at the IBC 2025 conference in Amsterdam, underscoring their market readiness across a range of devices. In contrast, global major Qualcomm has indicated that 5G Broadcast chips will only be available by 2028, delaying expectations for mass adoption. India’s Innovation Steals the Spotlight At IBC, D2M chips from India impressed global stakeholders, with Fraunhofer IIS’s Adrian Murtaza highlighting strong ecosystem readiness and cross-market appeal. Brazil, which has chosen ATSC3 over 5G Broadcast for next-generation TV services, is actively evaluating India’s D2M for mobile integration. Qualcomm’s Delay on 5G Broadcast At…
Ola Electric, led by Bhavish Aggarwal, has filed a claim of about ₹400 crore under India’s Production Linked Incentive (PLI) scheme for automobile and auto components for FY25. The claim follows “eligible sales” of roughly ₹3,000 crore, with Ola expecting an incentive rate of 13–14% under the scheme. What This Means The PLI scheme for cars and parts, launched in 2021 (with a budget of ~₹25,938 crore), aims to increase domestic manufacturing and reduce dependence on imports. Ola Electric was the only electric two-wheeler OEM to secure incentives under the scheme in FY24 and remains a frontrunner for FY25 as…
Data and AI company Databricks has named Kamalkanth Tummala as its new country manager for India, as the firm accelerates its $250 million investment in the market. Tummala, who previously served as Vice President at Salesforce, will lead Databricks’ India operations spanning research, training, and go-to-market strategy. He brings two decades of leadership experience, including senior roles at Salesforce and MindTree. Leadership visionWelcoming the appointment, Ed Lenta, General Manager for Asia Pacific and Japan at Databricks, said: “We’re excited to welcome Kamal to our leadership team as we expand in India, one of our most dynamic and strategic growth markets.”…