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27 March 2025 - Latest startup funding highlights include major rounds in artificial intelligence, healthcare, and e-commerce sectors.

The Bengaluru-based Expertia AI plans to use the fresh funds to improve its products and grow its tech team.

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The funds will be used to develop scalable technology that boosts financial access and digital growth in underserved areas.

Despite a tough funding environment, IPV said its exits show its focus on backing scalable startups. Over the past five years, it has exited 47 startups from a portfolio of 200+.

According to some forecasts, virtual cards may soon completely replace plastic ones for online payments, with AI and blockchain technologies further enhancing digital financial security. Their use is already expanding beyond e-commerce, becoming a key tool for financial management, fee reduction, and improved flexibility.

The selected startups will receive mentorship and incubation support through K-Tech Hubs and Centres of Excellence.

The fund will invest in startups in consumer tech, fintech, food and beverage, AI and global SaaS, according to the VC firm.

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The fund plans to invest in 4-5 startups each year, with investments between $250k and $750k. The main focus areas will be AI, SaaS, and consumer tech.