Startup funding

Newtral.io, a climate-tech business that creates business sustainability applications, secured INR 6.4 million in an investment round that was spearheaded by PedalStart, an early-stage startup accelerator.

Plotch.ai, a startup for ONDC railway facilities, received funds in a pre-seed round headed by Antler India, with participation from Peak XV, Global Founders Capital, and Apoletto.

Sk3w Technologies received $7 million from investors in a Series A investment that was supported by Citadel Securities, IMC, and Tower Research Ventures. Former investors include Mr. Tom Joyce, Tower Research Ventures, Jump Trading, Optiver, IMC, and XR Trading.

Zyber 365, a Web3 cybersecurity company, received $100 million from UK-based SRAM & MRAM Group. Zyber 365 intends to base its business in India.

Minifeel, a startup in Mumbai that helps customers find high-end beauty items at amazing prices, secured a total of Rs. 3 crore in a pre-seed fundraising round that was spearheaded by 100X.VC.

In a pre-seed funding led by EvolveX Accelerator, EV startup EVINDIA secured an undisclosed amount. Neeraj Tyagi, Gaurav VK Singhvi, and Vikas Aggarwal were among the investors who took part in the round.

GreenCell Mobility, a startup in shared electric mobility, has Secured debt financing from the state-owned REC, formerly known as Rural Electrification Corporation Limited, totaling INR 3,000 crore.

Redbasil, a B2B marketplace for food outlets with minimal assets, has received funding from Mumbai Angels, a prestigious platform for private investments. The marketplace includes a curated catalogue of more than 10,000 ingredients and premium food providers that have been reviewed by renowned chefs and test kitchens. Leading the funding round was South Asia Tech Partners.

An advanced manufacturing company, Ethereal Machines, has secured $7.3 million in funding. Peak XV's Surge, Blume Ventures, Ganapathy Subramaniam, a partner at Celesta Capital, Mathew Cyriac, the former head of Blackstone India, and Lip-Bu Tan, executive chairman of Cadence Design Systems and chairman of Walden International, all participated in the round.

DeVC announces its investments in 30+ startups, across sectors since inception in 2023. DeVC derives its name from “Decentralized Venture Capital” and the investments have been made by a collective of founders, operators and investors coming together to back startups from concept to early traction.