Sabyasachi Chandra

River Mobility has raised $120 million in a Series C led by Elev8 and Claypond Capital, its first major backing from Indian institutional investors

InRisk Labs has raised $27 million co-led by Bessemer and Northpoint Capital as its EarthRe subsidiary receives a reinsurance licence at GIFT City

Adiabatic Technologies has raised ₹8.3 crore in a seed round co-led by Malpani Ventures and Avinya Ventures to scale battery manufacturing to 100 MWh

Hulp has raised $2.6 million in seed funding co-led by Sparrow Capital and gaming investor BITKRAFT Ventures, four months after being founded

Vingo has raised ₹10 crore in seed funding led by India Quotient for a C2C marketplace in pre-owned goods, five months after being founded

Volta Infra has raised $300 million at a $2.4 billion valuation and announced a $10 billion six-year cloud contract with an unnamed AI developer

Vaaree has raised ₹65 crore led by Hero Enterprise and Cap Alpha Ventures for warehouses and AI-led discovery. Its stated goal of next-day delivery is the expensive part.

Zoppler Systems has raised ₹6.5 crore co-led by Finvolve and India Accelerator for its RF sensing products. The announcement names no customer, contract or trial.

Superleap has raised ₹36 crore led by Peak XV's Surge for an AI-native CRM aimed at replacing legacy systems. Its founders previously worked together at Unacademy.

Smallest.ai has raised $13 million led by Seligman Ventures to build voice models that cut conversational lag. Its competitors in the category have raised considerably more.

Profound has raised $1.5 million from Stellaris Venture Partners and 3one4 Capital to build an AI representative for professionals. The product opened early access on the day of the announcement.

Base Power has raised $1 billion at a $13 billion post-money valuation, more than tripling its price in ten months. It owns every battery it installs, which is why the rounds keep arriving.

Valar Atomics has raised $1 billion led by Sequoia Capital, five months after a round reported at a $2 billion valuation. The company has not disclosed a valuation for either.

Horizon3 has raised $250 million co-led by NightDragon and NEA, tripling its valuation in fourteen months. The price works out at roughly 20 times its own claimed recurring revenue.

Ather Energy's operating revenue rose 89% year-on-year to ₹1,217 crore in Q1 FY27 and its loss narrowed to ₹51 crore. Expenses were almost flat against the previous quarter.

Sarvam AI's board has cleared an issue of preference shares to raise ₹698 crore, led by NVIDIA. The issue price implies no increase on the valuation set at the June first close.

Pune-based powertrain maker Matel has raised ₹130 crore led by UC Impower, with Catamaran entering the cap table. Its FY25 revenue was about half the annual sales figure it targeted in 2024.

Coffee equipment distributor Kaapi Machines has taken ₹50 crore in equity from B2B foodservice platform Sedna HoReCa. Neither side has disclosed the stake, the valuation or the dilution.

Singh comes in as an investor and founding team member at the Gurugram startup, which is still in stealth. Neither the cheque size nor the product has been disclosed.

Urban Company's core marketplace reached its highest reported operating profitability while consolidated results swung to a loss. The quick-service vertical InstaHelp lost ₹131.58 crore on ₹11.11 crore of revenue.

Angel platform Inflection Point Ventures leads the round, which funds distribution and product expansion at the Gurugram brand. Terms, valuation and the fate of its on-air Shark Tank offer are undisclosed.

Hyderabad Cybercrime police have registered two cases naming Meta's India head alongside unidentified Facebook and Instagram account operators. Neither complaint alleges that Meta itself created the content.

The Chennai lender will use the equity to widen its branch network and lending capacity across four states. The cheque is roughly twice all the equity it has raised since inception.

The rewards instrument spans Flipkart, Myntra, Cleartrip, District and Zomato, in digital and physical formats. Razorpay and Pine Labs power redemption, and super.money says more partners will follow.

Greenoaks led the round, with Index Ventures investing again and CVS Health Ventures returning. Simile says revenue has grown fivefold since February without disclosing the base.

General Atlantic led the first close, with Seligman Ventures, T. Rowe Price Associates and Capital Group also investing. The round is not complete and no second close has been announced.

Accel India and Fundamentum have put in ₹55 crore each and Peak XV Partners ₹10 crore. The round is about half the size of the March 2025 Series B at roughly twice the valuation.

The round is led by Omnivore and Narotam Sekhsaria Family Office, with Dodla Dairy, Next Bharat Ventures and LIO joining. Dodla told the exchanges it is paying ₹11.64 crore for 2 per cent.

The Series A is co-led by EAAA Alternatives and Omnivore, with existing investor Rainmatter by Zerodha participating. It is the first investment from Edelweiss's second Discovery Fund, which closed above ₹1,200 crore.

The seed round is led by Transition Venture Capital Fund with participation from IIMA Ventures. SUIND was still pre-revenue in FY25, with a filed loss of ₹1.89 crore.

FNP has set an end-2028 listing target and is guiding to 25% annual revenue growth. The same executive said in 2024 that the company would list in FY27.

Revspot sells AI-driven lead qualification to high-ticket B2C businesses and claims more than 50 customers. Neither revenue nor the round's valuation has been disclosed.

Zepto and its investors are discussing a post-money IPO valuation of about $3 billion, less than half the mark set in October 2025. No decision on pricing or structure has been taken.

Fixxly plans 30-minute delivery of building materials to contractors through a network of dark stores in Bengaluru. The company has not yet begun commercial operations.

Piper Serica has put ₹15 crore into Yaanendriya's navigation controllers and inertial sensors, its first institutional round. Reported FY26 revenue was ₹72 lakh against an FY27 target of ₹5.4 crore.

The company says the bulk of the round funds its sponsor commitment to a proposed Category III hedge fund. That commitment is a SEBI requirement rather than a discretionary show of alignment.

The series was produced by a studio that began in 2013 as a page publishing tweet-sized fiction on Facebook. It was acquired by Collective Artists Network two years ago for an undisclosed sum.

Bengaluru users can now order food inside the main Rapido app rather than through the separate Ownly application. The service remains confined to one city, against an earlier plan that envisaged ten by this month.

Turnover at BigBasket's consumer arm rose 7.7% in FY26 while losses widened 66%. The two entities together lost ₹3,175 crore, close to two-thirds of parent Tata Digital's net loss for the year.

The seed round is a mix of equity and debt, co-led by Saltwater Sutra and Nirmitsu Inspirational Ventures. The split between the two instruments has not been disclosed, and neither has a valuation.