YatriKart Bags Rs 120 Crore From MMG Group To Open 1,000 Quick Stop Stores
Quick-stop retail chain YatriKart has signed a Rs 120 crore partnership with MMG Group to set up 1,000 Quick Stop stores across India over the next five years. The amount is a strategic commitment, not an equity funding round. The rollout has started in Delhi NCR, where YatriKart plans 100 …
Enterprise AI Startup AuxoAI Raises $20.7 Mn Series A Led By NTTVC
Enterprise AI startup AuxoAI has raised $20.7 million in a Series A round led by NTTVC, the Silicon Valley venture firm formed in partnership with Japan’s NTT group. The round also drew angel participation from George Still Jr., partner emeritus at Norwest Venture Partners, and Amit Zavery of ServiceNow, along …
Delhi Cabinet Approves Rs 50 Crore Go-Delhi Foundation For Startups
The Delhi Cabinet has approved the setting up of the Go-Delhi Foundation with an initial outlay of Rs 50 crore. The foundation will operate as a not-for-profit company under Section 8 of the Companies Act, 2013, and will work under the Delhi government’s Department of Industries to support startups, students …
Tata Trusts Plans 40 To 50 Not-For-Profit Hospitals Across India
Tata Trusts is preparing to build a network of 40 to 50 not-for-profit general hospitals across India, chairman Noel Tata has said in the trust’s annual report for 2025-26. The move marks one of the largest planned healthcare expansions by a philanthropic institution in the country. The report sets out …
The Pant Project Raises Rs 109 Crore In Series B Led By Mirae Asset
Menswear brand The Pant Project has raised Rs 109 crore, about $11.5 million, in a Series B round led by Mirae Asset Venture Investments (India). The company announced the fundraise on 19 October. Existing investor Sorin Investments returned, and Hyperscale Ventures, B&K Securities, MGA Ventures and B2V Ventures joined as …
Even Healthcare Raises $50 Million Series B At $300 Million Valuation To Build Its Own Hospitals
Even Healthcare, a Bengaluru-based managed care startup that runs its own hospitals, has raised $50 million in an all-equity Series B round led by existing backer Khosla Ventures. Alpha Wave also participated in the round, valuing it at $300 million, about three times its valuation 18 months ago. The fresh …
Banaraswala Raises $2 Million In Seed Funding From Prax Impex To Scale To 50 Outlets
Banaraswala, a food brand built around the culinary traditions of Banaras, has raised USD 2 million, or about Rs 17.6 crore, in a seed funding round from Prax Impex Private Limited. The company operates under the tagline Ghat Se Ghar Tak and serves traditional Banarasi sweets, chaats and meals. The …
RocketPay Raises Rs 10 Crore To Build Recovery Infrastructure For Financed Devices
RocketPay, a Bengaluru-based digital collections infrastructure platform for lenders, has raised Rs 10 crore in a fresh funding round led by Sandeep Jain and Group. The company will use the capital to move beyond digital loan collections and build infrastructure for recovering financed assets, including smartphones bought on loan. The …
RapidCanvas Raises $29 Million in Series B Round Led by Vertex Ventures
Enterprise AI startup RapidCanvas has raised 29 million dollars in a Series B funding round led by Vertex Ventures Southeast Asia and India. The company said the round takes its total funding to 52.5 million dollars. Hitachi Ventures joined as a new investor, with existing backers Accel, Peak XV Partners, …
Udaan Targets IPO By Early 2028 As Three-Year Turnaround Takes Hold
Udaan, the Bengaluru-based business-to-business ecommerce platform, is targeting a stock market listing by the end of 2027 or the first quarter of 2028, chief executive Vaibhav Gupta has said. The timeline, reported by Business Standard, arrives as a three-year restructuring starts to show in the company’s numbers. Gupta has also …
Medtech Startup Sunfox Technologies Raises USD 7 Million in Series A Funding Round
Dehradun-based medtech startup Sunfox Technologies has raised USD 7 million, or about Rs 67 crore, in a Series A funding round. The round was led by investor Ashish Kacholia, Lashit Sanghvi, Alchemy Capital and 3one4 Capital. The company makes Spandan, a portable electrocardiogram (ECG) device that lets a health worker …
Infotech Acquires Bengaluru SaaS Startup Zluri To Expand CIO Analytics Platform
Infotech has acquired Zluri, a Bengaluru-based startup that builds software for managing SaaS applications and digital identities. The global IT research and advisory firm did not disclose the financial terms of the transaction. It is Infotech’s first acquisition in close to 30 years, and it arrived alongside the global launch …
