Startups to watch: AI

Manastu Space, Inspecity, VyomIC and MumbaiSemi

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

D-Propulse

Rotating detonation engines for high speed drones, missiles and other aerospace platforms

Targets 2027 flight test, 2028 limited production

AM Intelligence

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)

Arrowhead AI

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

Jio Platforms

Telecom, broadband and digital services platform (Reliance group)

Reported Q2 FY27 profit of Rs 8,389 Cr, first results after listing

Delhivery

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

Manastu Space

Hydrogen peroxide based green propulsion systems for satellites and launch vehicles

Raised Rs 22 Cr

Shadowfax

Express parcel and hyperlocal delivery network for ecommerce platforms and D2C brands

Reported Q2 FY27 profit of Rs 68 Cr

Robusta Dev

Israel-based AI startup

Acquired by Freshworks

Robusta

AI startup

Acquired by Freshworks

CopperPilot

AI design agent that automates PCB component selection, schematics and routing

Raised $390 K Pre-SeedLed by Neon Fund

Cent

Preventive whole body screening centres with AI radiology, diagnostics and bioinformatics

Raised $15 Mn

Simplismart

AI inference and orchestration software for enterprises and cloud providers

Raised $14 Mn Series BLed by Dallas Venture Capital

BioStack

Healthcare data infrastructure that links fragmented hospital records into de-identified datasets for training and evaluating medical AI

Raised $9.5 Mn Seed

Provision Labs

Data collection, evaluation and deployment infrastructure for physical AI and robotics developers

Launched physical AI data venture

Glance

Agentic AI shopping platform across smartphones and connected TVs, backed by InMobi

Raised fundingLed by L Catterton

Clinics On Cloud

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

Tata Communications

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

Vectorial

Application Layer (AI)

Raised $3 MnLed by SenseAI Ventures

Paar Autonomy

AI camera payloads and GPS independent navigation software for drones and unmanned defence platforms

Raised $1 Mn SeedLed by AdvantEdge Founders

SpectraGaze Systems

Infrared detectors, optical imaging sensors and electro-optical payloads for space and defence

Raised $389 K Seed

Karta AI

To automate inbound calls for BFSI players

Raised $3 Mn SeedLed by PeerCapital, Cedar Hill Capital

ShopOS

Launched

CureBay

To scale rural clinics network, enhance AI screening offerings

Raised Rs 100 Cr Pre-Series C

Different

Application Layer (AI)

Raised $48 Mn SeedLed by General Catalyst

Blacksmith

Raised $66 Mn Series C

AuxoAI

Application Layer (AI)

Raised $20.7 Mn Series ALed by NTTVC

Hunar

Conversational AI agents for hiring, onboarding, training and retaining frontline workers

Raised Rs 40 Cr

RapidCanvas

Managed AI execution: a platform plus field AI engineers for enterprises

Raised $29 Mn Series BLed by Vertex Ventures SEA & India

Origin

To build autonomous construction robots

Raised $20 MnLed by Accel, Zacua Ventures

Cosmochute

Robotics (Advanced Hardware & Technology)

Raised $1.5 MnLed by Accel, Prosus Ventures

Confido Health

To automate healthcare administration with AI

Raised $12.5 Mn Series ALed by Z47

Shamrock AI

To help enterprises deploy AI agents reliably

Raised $5 Mn SeedLed by Endiya Partners

AdGraam

Application layer (AI)

Raised $316 K SeedLed by Umair Mohammad (Nitro Commerce)

Parallel Loop

To integrate AI into enterprise workflows

Raised $6.6 Mn SeedLed by 3one4 Capital

Spill Games

To scale AI-led mobile gaming studio

Raised $10.5 Mn Series A

RevRag.AI

To build AI relationship managers for lenders and insurers

Raised $2.5 Mn SeedLed by Accion Ventures

OXG Space

Space Tech (Advanced Hardware & Technology)

Raised $1.7 MnLed by Aum Ventures

Clueso

To automate enterprise video creation with AI agents

Raised $10 Mn Series ALed by Dharana Capital

Tessolve

To expand semiconductor capabilities

Raised $75 MnLed by Vector Line Capital

Inner Sky Labs

Maker of children’s companion robots under the Miko brand

Launched

Desible.ai

Agentic voice and messaging workflows for insurers, banks and lenders

Raised Rs 32 Cr SeedLed by Prime Venture Partners

byteXL

To take tech, AI skilling to more engineering colleges

Raised $9 Mn

CurvetAI

Application Layer (AI)

Raised $620 K Pre SeedLed by Merak Ventures

Unveilr AI

Application Layer (AI)

Raised Pre-SeedLed by Aviral Bhatnagar (AJVC)

Arivihan

To scale its AI tutoring platform

Raised $10.2 Mn Series A

GalaxEye

For multisensor satellite tech

Raised Rs 63.8 CrLed by RDI Fund

Dextr AI

To build AI agents for hospitality industry

Raised $6.7 Mn SeedLed by Elevation Capital

Ema

To scale its universal AI employee platform globally

Raised $77 Mn Series BLed by Creaegis

ByteAsk

Application Layer (AI)

Raised $1 Mn Pre-Seed

Space Philic

Space Tech (Advanced Hardware & Technology)

Raised funding

Sol Foundry

To automate email commitments with AI

Raised $4 Mn

Demoverse

Application Layer (AI)

Raised $600 K Pre-SeedLed by Lumikai

Beijan

Defence Tech (Advanced Hardware & Technology)

Raised $156 KLed by AJVC

DheyaTech

Aerial Vehicles (Advanced Hardware & Technology)

Raised $5.1 MnLed by Avaana Capital

VerifAIX

To scale AI-based chip verification platform

Raised $5 Mn SeedLed by Endiya Partners, Bluehill VC

Flam

To offer immersive content to enterprises

Raised $40 Mn

Graph AI

Application Layer (AI)

Raised $13.3 Mn Series ALed by Insight Partners

Dialflo

Application Layer (AI)

Raised $178 KLed by ajvc

TrueFan AI

Application Layer (AI)

Raised fundingLed by Bajaj Finserv

Navana.ai

To scale voice AI platform

Raised Rs 40 Cr Series ALed by Ronnie Screwala (upGrad Cofounder)

Makr Microsystems

Semiconductor (Advanced Hardware & Technology)

Raised $1.1 Mn SeedLed by Bluehill VC

Aeron Systems

Pune-based deeptech company

Raised Rs 45 Cr Pre-Series BLed by Riverwalk Holdings, MGF-Kavachh

Rilo

AI martech startup

Acquired by Adobe

Creedom

Application Layer (AI)

Raised $434 K

Kepler Aerospace

To launch six autonomous surveillance satellites

Raised $8 Mn Seed

Alteon

Aerial Vehicles (Advanced Hardware & Technology)

Raised $2.5 Mn Pre-SeedLed by Lachy Groom

Oppex AI

Application Layer (AI)

Raised $445 K Pre-SeedLed by Info Edge Ventures