India's digital economy, public infrastructure and security
New Indian startups in the digital economy: who raised money, launched or was acquired, in fintech and payments, digital public infrastructure, AI, deep tech, climate tech, cyber security, SaaS and govtech. Refreshed every two hours.
The Mumbai startup pays for solar, storage and efficiency projects at commercial and industrial sites and uses its own AI tools to underwrite and monitor them. The new money goes into deploying more assets and moving into battery storage and smaller businesses.
The listing says the access reaches millions of order records plus employee, vendor and payment data. No outlet has been able to verify it, and the electronics retailer has not responded.
The agency says proceeds of the All Panel Exchange betting and cyber fraud racket passed through mule accounts, shell firms and a Bengaluru credit society account opened for Dash's company before being turned into cryptocurrency.
Indian nationals with e-passports flying Air India and select IndiGo routes can now use the face based boarding app at terminal entry, security and boarding gates in Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Cochin and Amritsar until December.
The month-long campaign runs across 2,000 cities and districts with banks, post offices, UIDAI and MeitY, and aims for 1.5 crore certificates generated by a face scan on a phone.
Launched on EPFO's 74th Foundation Day, the WhatsApp channel shows balances and the last five transactions, while Aadhaar-verified inoperative accounts holding up to Rs 1,000 will be paid out without a claim.
Funding tracker: every round, every source, CSVRSS feed for all startups
Financing and deployment platform for clean energy projects at commercial and industrial sites
Raised $10 Mn Series A led by Transition Venture Capital
AI powered mobile advertising platform paid per converted user
Agreed to acquire Perion Network for about $420 Mn in cash
Not for profit foundation that runs Digi Yatra, India's facial recognition based paperless airport entry and boarding system
Began international passenger trials at seven airports
Central government department running the Jeevan Pramaan digital life certificate drive for pensioners
Started fifth nationwide Digital Life Certificate campaign (Nov 1 to 30)
Statutory body that runs India's provident fund and pension scheme for salaried workers
Launched WhatsApp services and automatic settlement of small inoperative accounts
Loyalty and customer engagement software
KPMG forensic report on EUR 3.04 Mn payment diversion fraud
Iodine Hall effect thrusters, refuellable microsatellite propulsion, space grade clocks and a NavIC and GPS receiver chip
Offered Rs 67.15 Cr under IN-SPACe Technology Adoption Fund
Rotating detonation engines for high speed drones, missiles and other aerospace platforms
Targets 2027 flight test, 2028 limited production
Securities depository that holds investors' shares in electronic form
Fined Rs 1 Cr by SEBI for cybersecurity and compliance lapses
AI compute as a service and AI data centres backed by Greenko's renewable power
Seeking up to $3 Bn in debt to fund Nvidia Rubin GPU orders (Bloomberg report)
Voice AI agents for banks, NBFCs, insurers and fintechs covering sales, collections and service calls
Launched Fletch, an in-house 14 language text to speech model
Small finance bank; vehicle loans are its oldest business
Investigating a potential data leak from a Salesforce hosted platform holding limited vehicle loan customer data
Energy efficient ceiling fans and home appliances, plus in house motors and controllers supplied to other appliance brands
Received SEBI observations on its draft IPO papers, clearing an issue with a fresh issue of up to Rs 450 crore and an offer for sale of 7.65 crore shares
Telecom, broadband and digital services platform (Reliance group)
Reported Q2 FY27 profit of Rs 8,389 Cr, first results after listing
Logistics network for express parcels and freight, with intracity delivery, fintech distribution and in house warehouse robotics
Reported Q2 FY27 profit of Rs 41 Cr
Online insurance marketplace (Policybazaar) and credit marketplace (Paisabazaar)
Reported Q2 FY27 profit of Rs 192 Cr
Hydrogen peroxide based green propulsion systems for satellites and launch vehicles
Raised Rs 22 Cr
Fintech group offering UPI payments, loans, insurance and mutual funds
Closed Rs 940 Cr round from Prosus
Indian electronics and home appliance retail chain
Alleged super admin access to internal systems offered for $25,000 on the dark web (unverified)
Tech enabled cloud manufacturing and sourcing platform for precision parts
Closed Rs 50 Cr round led by Hero Enterprise Venture Partners at Rs 430 Cr valuation
Express parcel and hyperlocal delivery network for ecommerce platforms and D2C brands
Reported Q2 FY27 profit of Rs 68 Cr
Digital platform for truck operators covering toll and fuel payments, telematics, freight and vehicle finance
Q2 FY27 net profit up 42% to Rs 41.4 Cr
Payments bank serving customers through merchant and agent points, preparing to convert into a small finance bank
Posted Rs 20.9 Cr net loss in Q2 FY27
Merchant payments, card and UPI acceptance, and issuing infrastructure
Q2 FY27 profit up over 6X to Rs 38.6 Cr
Digital personal loans and loans against property
Q2 FY27 profit doubled to Rs 125 Cr
Indigenous underwater ROVs for defence and infrastructure inspection
Raised Rs 18 Cr bridge round
EMR, appointment, billing and patient engagement software for clinics
Raised Rs 5 Cr from doctor-investors
Microalgae-based carbon capture and air purification systems
Raised Rs 10 Cr
Electric buses, trucks and small commercial vehicles
Plans Rs 1,000 Cr R&D over five years
Engineering-led development and manufacturing of precision components with an MSME partner network
Raised $3 Mn Bridge
Israel-based AI startup
Acquired by Freshworks
AI-powered threat intelligence and digital risk monitoring
Launched
Retrofittable autonomy platform for industrial robots, vehicles and machines
Raised Rs 3.4 Cr Pre-seed
AI startup
Acquired by Freshworks
Integrated electric propulsion systems (motor, controller, firmware) for EVs, drones and robots
Raised Rs 1.47 Cr SeedLed by IPV
Co-brand travel credit card on Visa linked to Air India's Maharaja Club loyalty programme
Partnership to launch a Visa co-brand credit card for Maharaja Club
Online recruitment, real estate, matrimony and education platforms (Naukri.com, 99acres, Jeevansathi, Shiksha)
MD and CEO Hitesh Oberoi to step down on December 2, 2026; Sanjeev Bikhchandani to become Executive Vice Chairman, MD and Group CEO
B2B quick commerce platform that restocks offline retailers from city dark stores
Rebranded from Bijnis, raised Rs 27 Cr led by Sparrow Capital
AI-assisted bookkeeping, tax and compliance for US small businesses, with engineering in Bengaluru
Acquired Finally's bookkeeping division
Indian app marketplace expanding into gift cards, top-ups and a webstore on PhonePe's payments rails
Rebranded Indus Appstore as PhonePe Appstore, added digital goods
AI-powered IT service management; adding automated outage root-cause analysis
Acquired Israel's Robusta (AI incident investigation)
AI agents that build and run custom enterprise software
Raised $2.3 Mn Pre-seedLed by Globalway
Bengaluru company set up by Sagar Dash, registered in the wholesale and retail trade category, that the ED says was used to route betting proceeds
Founder arrested by ED in APX betting money laundering probe
AI wealth manager that reviews and rebalances a family's mutual fund holdings with human oversight
Raised $500K Pre-Seed from Y Combinator
Digital loans for rooftop solar embedded in a peer to peer solar energy trading marketplace
Partnership to finance rooftop solar through Hygge's marketplace
AI design agent that automates PCB component selection, schematics and routing
Raised $390 K Pre-SeedLed by Neon Fund
Cybersecurity technology innovation hub at IIT Kanpur that builds and runs security operations centres
Chosen to set up and run UP's Rs 104.28 Cr Cyber Security Operations Centre
Cross-border payments and export collections for Indian businesses
Received final IFSCA PSP authorisation at GIFT City
Mobile application security and AI security platform for banks, fintechs and regulated enterprises
Acquired majority stake in AIShield
Quantum dot short-wave infrared image sensor chips on silicon CMOS for drones, defence and devices
Raised Rs 21.2 Cr SeedLed by Shastra VC
AI social intelligence and commerce activation platform for consumer brands
Raised Rs 130 Cr Pre-Series BLed by IvyCap Ventures
Trading platform for perpetual futures linked to US stocks, funded over UPI with rupee balances
Raised $5.5 Mn SeedLed by CoinFund
Preventive whole body screening centres with AI radiology, diagnostics and bioinformatics
Raised $15 Mn
AI inference and orchestration software for enterprises and cloud providers
Raised $14 Mn Series BLed by Dallas Venture Capital
Healthcare data infrastructure that links fragmented hospital records into de-identified datasets for training and evaluating medical AI
Raised $9.5 Mn Seed
Data collection, evaluation and deployment infrastructure for physical AI and robotics developers
Launched physical AI data venture
Agentic AI shopping platform across smartphones and connected TVs, backed by InMobi
Raised fundingLed by L Catterton
Health ATMs, box clinics and mobile units with AI-assisted screening and telemedicine
Raised Rs 120 Cr Series A from Model42 at Rs 600 Cr valuation
Global communications technology company building AI-ready long-haul fibre between Indian data centre hubs
Announced Rs 4,350 Cr ($400 Mn to $450 Mn) AI super highway: 10,000 km of new long-haul fibre
Social app for competitive math, memory, logic and puzzle games
Raised $10 Mn pre-Series A led by General Catalyst
Reusable semi-cryogenic rockets and aerospace components such as valves and actuators
Tested in-house rocket actuator
AI and quant analysis tools for retail stock traders
Raised $4.1 Mn Seed
Autonomous electric pod transit on dedicated guideways
Autonomous pod prototype update
Application Layer (AI)
Raised $15 Mn Series ALed by Earlybird Venture Capital
Application Layer (AI)
Raised $3 MnLed by SenseAI Ventures
AI camera payloads and GPS independent navigation software for drones and unmanned defence platforms
Raised $1 Mn SeedLed by AdvantEdge Founders
Infrared detectors, optical imaging sensors and electro-optical payloads for space and defence
Raised $389 K Seed
Licensed certifying authority selling digital signature certificates, eSign and enterprise signing, identity and certificate management software
Exited global TLS certificate business after weak CA keys
AI-driven dual-arm and semi-humanoid robots for factory assembly
Showcased PR-OMNI semi-humanoid
To automate inbound calls for BFSI players
Raised $3 Mn SeedLed by PeerCapital, Cedar Hill Capital
Launched
To scale rural clinics network, enhance AI screening offerings
Raised Rs 100 Cr Pre-Series C
Application Layer (AI)
Raised $48 Mn SeedLed by General Catalyst
Raised $66 Mn Series C
Application Layer (AI)
Raised $20.7 Mn Series ALed by NTTVC
Conversational AI agents for hiring, onboarding, training and retaining frontline workers
Raised Rs 40 Cr
Managed AI execution: a platform plus field AI engineers for enterprises
Raised $29 Mn Series BLed by Vertex Ventures SEA & India
To build autonomous construction robots
Raised $20 MnLed by Accel, Zacua Ventures
Robotics (Advanced Hardware & Technology)
Raised $1.5 MnLed by Accel, Prosus Ventures
To automate healthcare administration with AI
Raised $12.5 Mn Series ALed by Z47
To help enterprises deploy AI agents reliably
Raised $5 Mn SeedLed by Endiya Partners
Application layer (AI)
Raised $316 K SeedLed by Umair Mohammad (Nitro Commerce)
Reusable small satellite launch vehicle, Infinity One
MoU with Japan's Astro Gate for Infinity One
AI-assisted specialty chemicals and critical materials manufacturing
Raised $25 Mn
SaaS startup
Acquired by Infotech
To integrate AI into enterprise workflows
Raised $6.6 Mn SeedLed by 3one4 Capital
To scale AI-led mobile gaming studio
Raised $10.5 Mn Series A
To build AI relationship managers for lenders and insurers
Raised $2.5 Mn SeedLed by Accion Ventures
Space Tech (Advanced Hardware & Technology)
Raised $1.7 MnLed by Aum Ventures
Fintech SaaS (Fintech)
Raised $1 MnLed by Sandeep Jain
Autonomous combat aircraft, loitering munitions and long-range UAVs
Unveiled FWD Supreme autonomous fighter prototype
Autonomous lake cleaning boats and water quality monitoring
SCRUB V2 lake cleaning robot unveiled
To automate enterprise video creation with AI agents
Raised $10 Mn Series ALed by Dharana Capital
To expand semiconductor capabilities
Raised $75 MnLed by Vector Line Capital
To expand digital lending capabilities
Raised Rs 85 Cr DebtLed by Dutch Development Bank FMO
Investment Tech (Fintech)
Raised funding
Maker of children’s companion robots under the Miko brand
Launched
Electric Vehicles (Clean Tech)
Raised $1.3 Mn Pre-Series A
Agentic voice and messaging workflows for insurers, banks and lenders
Raised Rs 32 Cr SeedLed by Prime Venture Partners
To scale wealth management platform
Raised Rs 36 Cr Seed
To take tech, AI skilling to more engineering colleges
Raised $9 Mn
Photonic quantum computing hardware and an optical Ising machine for optimisation
Raised $10 MnLed by Chiratae Ventures
Fintech SaaS (Fintech)
Raised $1.6 Mn SeedLed by Tanglin Venture Partners
Small satellite launch vehicles with 3D-printed semi-cryogenic engines
Agnite engine thrust sweep and long-duration firing
Investment Tech (Fintech)
Raised $10.4 Mn Series BLed by BITKRAFT Ventures
Application Layer (AI)
Raised $620 K Pre SeedLed by Merak Ventures
Counter-drone micro-missiles and AI battle management software
Test-fired JWALA micro-missile rocket motors
Thermal infrared Earth observation satellites for heat, water and climate monitoring
Launched TAPAS-1 thermal imaging payload
To scale lending tech capabilities
Raised Rs 100 Cr Series BLed by Michael & Susan Dell Foundation
Horizontal SaaS (Enterprise Tech)
Raised $728 K SeedLed by Inflection Point Ventures
Application Layer (AI)
Raised Pre-SeedLed by Aviral Bhatnagar (AJVC)
Electric Vehicles (Clean Tech)
Raised $180 Mn Series CLed by Dr. Arokiaswamy Velumani Family Office
To scale its AI tutoring platform
Raised $10.2 Mn Series A
Fully enclosed electric two-wheelers for city commuters and fleets
Built e-POD prototype; raising Rs 7 Cr pre-seed
Horizontal SaaS (Enterprise Tech)
Raised fundingLed by Flipkart Ventures
Quadruped robots and inspection software for industrial sites
M3 quadruped towed a car; industrial pilots
For multisensor satellite tech
Raised Rs 63.8 CrLed by RDI Fund
To build AI agents for hospitality industry
Raised $6.7 Mn SeedLed by Elevation Capital
To scale its universal AI employee platform globally
Raised $77 Mn Series BLed by Creaegis
Application Layer (AI)
Raised $1 Mn Pre-Seed
Horizontal SaaS (Enterprise Tech)
Raised $221 KLed by Gyan Circle Ventures
Electric Vehicles (Clean Tech)
Raised $85 Mn Series ELed by Yali Capital, TDK Ventures
Space Tech (Advanced Hardware & Technology)
Raised funding
To automate email commitments with AI
Raised $4 Mn
Investment Tech (Fintech)
Raised $2.3 Mn Pre-Series A
Application Layer (AI)
Raised $600 K Pre-SeedLed by Lumikai
Legged and wheeled-legged robots for inspection, security and field operations
Launched DHAV-Hy wheeled quadruped
Defence Tech (Advanced Hardware & Technology)
Raised $156 KLed by AJVC
Aerial Vehicles (Advanced Hardware & Technology)
Raised $5.1 MnLed by Avaana Capital
To scale AI-based chip verification platform
Raised $5 Mn SeedLed by Endiya Partners, Bluehill VC
To offer immersive content to enterprises
Raised $40 Mn
Horizontal SaaS (Enterprise Tech)
Raised fundingLed by Teachers’ Venture Growth
Application Layer (AI)
Raised $13.3 Mn Series ALed by Insight Partners
Application Layer (AI)
Raised $178 KLed by ajvc
Quantum-safe cybersecurity: QKD, QRNG and post-quantum cryptography products
Raised Rs 200 Cr Series A1Led by National Quantum Mission, Speciale Invest
Climate Tech (Clean Tech)
Raised $4.5 Mn Pre-Series ALed by Bharat Jaisinghani
Climate Tech (Clean Tech)
Raised $2.3 MnLed by Navam Capital
To scale pharma payments, commerce infra
Raised $4 Mn Pre-Series ALed by Accel, Multiply
Application Layer (AI)
Raised fundingLed by Bajaj Finserv
To scale voice AI platform
Raised Rs 40 Cr Series ALed by Ronnie Screwala (upGrad Cofounder)
Hyperspectral Earth observation satellites, Earth intelligence software and satellite systems
Raised $100 Mn Series CLed by Temasek, Seraphim
Electric Vehicles (Clean Tech)
Raised $2 Mn SeedLed by Trivest Partners
Semiconductor (Advanced Hardware & Technology)
Raised $1.1 Mn SeedLed by Bluehill VC
Pune-based deeptech company
Raised Rs 45 Cr Pre-Series BLed by Riverwalk Holdings, MGF-Kavachh
AI martech startup
Acquired by Adobe
Application Layer (AI)
Raised $434 K
Electric Vehicles (Clean Tech)
Raised $35 Mn Series ALed by Magna International
Electric Vehicles (Clean Tech)
Raised $4 Mn Pre-Series ALed by Giraffe Studios
Climate Tech (Clean Tech)
Raised $3.2 MnLed by Rainmatter
To launch six autonomous surveillance satellites
Raised $8 Mn Seed
Aerial Vehicles (Advanced Hardware & Technology)
Raised $2.5 Mn Pre-SeedLed by Lachy Groom
Invest Tech (Fintech)
Raised $480 K
Application Layer (AI)
Raised $445 K Pre-SeedLed by Info Edge Ventures
Climate Tech (Clean Tech)
Raised $2.1 Mn Series ALed by Info Edge Ventures
Hall-effect electric propulsion thrusters for small and mid-size satellites
First integrated vacuum test of Hall-E thruster
AI and laser weeding robots that mount on tractors
Rakshak laser weeder backed by Mahindra University
Lightweight high-efficiency electric motors and drives for EVs and industrial machines
Building high-efficiency EV and industrial motors
Coconut tree climbing and harvesting robots
Unveiled Cocobot Gen-2
Made-in-India direct-drive linear motors and track systems for automation and ports
Raised $750K pre-seed from Capital-A
Decentralised treatment that turns STP water into potable quality water
65 crore litres of STP water recovered
Wood-like composite profiles made from mixed plastic waste
Won Climate-KIC catalytic grant
Entries are extracted from funding, launch and acquisition headlines and from Inc42's weekly Funding Galore tables, with Entrackr, YourStory, ET Tech, Medianama and BusinessLine feeds. Amounts, stages and investors are as the source reports them; a blank means the source did not say. The latest event per startup is shown. Names link to the source article or to our write-up.
Two Point O will use this funding round to expand into newer asset classes as well deepening its reach in the current energy management segment.
Reported by 2 outlets: ET Tech.
The direct-to-consumer (D2C) will use the funds for research and development (R&D), new product launches, brand building and hiring, as it looks to expand its portfolio, founder Kanupriya Ahluwalia told ET.
Indian AI firm Affle 3i agreed to buy Israel-based Perion Network for $420 million in cash, offering Perion shareholders $11.70 per share, a 34.5% premium over recent prices.
That is everything for today so far. The site is rebuilt every two hours.
Dalal Street emerged as a founder’s paradise in 2025, with 18 Indian startups listing on the bourses and collectively mopping…
![[Weekly funding roundup Oct 24-30] VC inflow continues to remain modest](/img/2390160c66b2.webp)
The inflow of venture capital into Indian startups remained lukewarm for the month of October and this trend was reflected in the last week also.
In this photo essay from Whitefield, we showcase design highlights from Essensai 067 along with founder insights.
Reliance Industries reported its best-ever July-September quarter, with consolidated revenue hitting Rs 3,62,268 crore, up 27.8%, EBITDA at a record Rs 62,409 crore, and profit after tax rising 33.8% to Rs 29,550 crore.
StockGro-parent AssetGro Fintech Ltd net profit for the fiscal year FY26 jumped threefold while its operating revenue doubled year-on-year. The…
Delhi NCR-based B2B manufacturing startup CapGrid has raised ₹50 Cr (about $5.2 Mn) in a Pre-Series B round to develop…
The company is prioritising sustainable growth with investments in dark stores, customer acquisition and margins expected to start contributing positively to profitability from the next financial year.
On July 18, 2026, Skyroot Aerospace achieved a historic milestone when its Vikram-1 rocket successfully placed satellites into orbit, becoming…
Noel Tata's letter asks for a discussion on the September 11 letter from RBI, which makes a listing of Tata Sons mandatory by rejecting the application for de-registration.
The revenues for PB Fintech at the end of second quarter of FY27 stood at Rs 2178 crore which was an year-on-year growth of 35%
PB Fintech has achieved impressive growth within the UAE insurance landscape, notably boosting its premium volumes since FY22.
PB Fintech, the parent company of Policybazaar and Paisabazaar, reported a strong financial performance in Q2 FY27, with consolidated revenue registering a healthy year-on-year growth alongside a 43% increase in net profit compared to the corresponding quarter last year.
OfBusiness is heading for the stock market with a business that earns most of its revenue in one place and…
PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
The proceeds of the IPO will be used for repayment of debt, branding & marketing and R&D.
Delhi-based B2B ecommerce startup Bijnis has rebranded as Zorit and raised ₹27 Cr in a funding round led by Sparrow…
Lighthouse Communities Foundation has joined BSE’s Social Stock Exchange to raise funds to help 500 young people in Pune build career confidence and job-ready skills.
Nasscom wants the government to delay revised GST rules for e-commerce deliveries until January 1, 2027.
The climate-tech company, founded by Karthika Gopi and Rahul Babu, develops microalgae-based systems to capture carbon dioxide and purify air
CapGrid has recently secured Rs 50 crore in funding, primarily aimed at enhancing its operations. The ramp-up in capital is expected to help the startup expand into new industrial sectors.
