Credit management startup Oolka has secured a Rs 130 crore Series A round led by Accel India, with follow-on investment from Lightspeed and Z47. In a regulatory filing, the company approved equity and CCPS allotments at extremely high per-share premiums. The raise comes after a $7 million round earlier this year, with Oolka citing rapid user adoption, over Rs 100 crore processed in repayments, and nearly $1 million in annual recurring revenue.
Bengaluru startup Sarvam AI is reportedly in advanced talks to raise $300–$350 million, valuing it around $1.5–$1.55 billion, with Bessemer likely leading and major global investors expected to join. The funding push aligns with IndiaAI Mission efforts toward sovereign, localized AI, where Sarvam has showcased India-trained language models and voice-first systems supporting 22 languages, plus agentic tools for enterprise tasks.
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OpenAI is reportedly in discussions to commit as much as $1.5 billion to a new joint venture with private equity firms, according to the Financial Times citing people familiar with the matter. The plan would include an initial $500 million equity contribution, signaling how the AI leader may expand funding and partnerships beyond traditional tech channels.
Quadria Capital is reportedly in talks to acquire a majority stake in Samarth Lifesciences, with the deal potentially valuing the company at about Rs 4,500 crore. The pharma firm is seeking fresh investment to support growth plans after earlier negotiations with alternative investors broke down due to mismatches in price expectations.
Aspire Impact, an ESG impact measurement and certification firm, has secured investment from The Parinama Group and posted a post-funding valuation of ₹360 million. It appointed Saloni Malhotra as CEO of Aspire Impact Assurance and added UPES Chancellor Dr Ram Sharma to its Board of Advisors. The company says it has grown rapidly, serving major clients and planning global expansion.
Krutrim, touted as a flagship of India’s AI push, is entering a high-stakes phase. After restructuring and delays in product maturation, the company is being forced to rethink its strategy amid rising funding pressure. Once positioned to compete globally, it now faces a make-or-break survival test in a harsh frontier-tech market.
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Jeff Bezos-backed EV startup Slate Auto has raised $650 million to accelerate production of its first affordable pickup trucks, slated for delivery later this year. The company plans major investment in its Indiana factory and is positioning the trucks as a lower-cost option for buyers squeezed by high living expenses. The latest round was led by TWG Global.
D2C farm produce platform Pluckk has raised Rs 100 crore from its existing investor Euro Gulf Investment in an all-equity round, taking total funding to about $26 million. The company says it will deploy the money to build R&D for a new product range, upgrade its technology, and expand its market presence, according to founder and CEO Pratik Gupta.
Slice, a small finance bank, is reportedly in discussions with VC firms and other investors to raise $50–100 million, but at a lower valuation. The move comes as the fintech sector faces increased regulatory scrutiny, putting funding plans and growth timelines under sharper pressure.
Australia’s Firmus has raised $505 million to scale its AI infrastructure platform across the Asia-Pacific region. The funding will also back Project Southgate, a plan to create a network of AI factories in Australia. Developed with Nvidia and CDC Data Centres, the initiative is projected to grow to as much as 1.6 gigawatts of capacity over the next three years.
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SatLeo Labs, an IN-SPACe incubated spacetech startup, has raised $2.2 million from Unicorn Ventures to build a multi-spectral satellite constellation. Co-founded by Shravan Singh Bhati, Ranendu Ghosh, and Urmil Bakhai, the system aims to deliver high-resolution, continuous earth observation data for climate monitoring, defence, agriculture, and disaster response.
The government has notified the establishment of Fund of Funds 2.0, a Rs 10,000 crore second tranche aimed at mobilising venture capital. The programme will focus on deeptech and tech-driven innovative manufacturing startups, along with early-growth stage enterprises, seeking to accelerate funding and scale for more ambitious, technology-led companies.
ClayCo has raised nearly Rs 35 crore in a new funding round, saying the money will go toward accelerating product development, expanding into new categories, and strengthening working capital. The company framed the raise as a push to scale faster and improve operational readiness ahead of broader market expansion.
Digital lending firm Kreditbee has raised $280 million and crossed into unicorn territory with a $1.5 billion valuation. The company says this is its final private round ahead of a planned public listing, but it is still awaiting regulatory approval for its IPO. Kreditbee is also expanding offerings and investing in new technology as it prepares for market scrutiny.
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Chinese startup ShengShu has raised $293 million to accelerate artificial general intelligence. Founded in early 2023 by Tsinghua University alum Zhu Jun, the company made headlines by launching Vidu in April 2024—positioned as a rival to OpenAI’s Sora, which was later discontinued. The fresh funding signals intensifying global competition in advanced AI.
ScrapUncle has raised Rs 22 crore in a pre-Series A round led by Orios Venture Partners and Acumen. The funding will support expansion across Delhi NCR and help scale operations, with investments earmarked for fulfilment infrastructure and technology. The company plans to build a pan-India e-commerce platform for waste management.
AstraZeneca Pharma India is planning to sell a 64-acre site in Bengaluru, targeting about ₹3,400 crore as part of its land monetisation strategy. The parcel has attracted interest from developers including the Sattva Group, Aurobindo Pharma and RMZ, with negotiations expected to shape how quickly the company can unlock value from the asset.
A missing pani puri vendor sold his cart to cover his wife’s hospital expenses and desperately needed work. A content creator, impressed by his determination, stepped in with ₹1.5 lakh to help him restart. What began as a crisis became a comeback plan, giving him a fresh shop and renewed momentum.
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An AI startup founder is betting big on an Nvidia-shaped roadmap, despite having only about $4 million in cash. The Ken story traces how the company’s strategy, hiring, and product timeline are being shaped by GPU economics and competition, and why the next milestone may determine whether the dream scales—or collapses quickly.
InCred Alternatives has closed its inaugural special situations credit fund at Rs 1,500 crore, drawing a diverse investor base. The close lifts its private credit assets under management to over Rs 4,000 crore, with the fund already 75% deployed. It plans to back established companies in sectors such as auto and power, aiming to ride India’s expanding private credit market.
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