Dil Foods secures ₹72 crore in Series B funding for cloud kitchen expansion

Virtual food brand operator Dil Foods has raised ₹72 crore (approximately $8.6 million) in its Series B funding round. The investment saw participation from new and existing investors, signaling confidence in its asset-light cloud kitchen model. Proceeds will be used to expand its geographic footprint across India and further develop its technology platform for partner brands.

Electronics design and manufacturing firm Mekr secures ₹67 crore in Series A funding.

Electronics design and manufacturing firm Mekr has raised ₹67 crore (approx. $8 million) in its Series A funding round. The round was led by Fireside Ventures with participation from existing investors including Better Capital and is intended to enhance manufacturing capabilities. This investment highlights growing investor interest in India's domestic design-led production ecosystem as part of a broader supply chain diversification trend.

AI Cybersecurity Startup Exaforce Secures $125M in Series B Funding Round

Exaforce, an AI-focused cybersecurity startup, has raised $125 million in its Series B funding round. The new capital is earmarked for advancing its threat detection platform and expanding its go-to-market operations. This transaction underscores significant investor interest in artificial intelligence applications for enterprise security and provides the company with substantial runway for growth in a competitive market.

HrdWyr secures $13M in Series A funding round led by Ideaspring Capital

Hardware technology firm HrdWyr has raised $13 million in a Series A financing event led by venture capital firm Ideaspring Capital. The capital infusion is allocated for scaling production, expanding the engineering team, and accelerating market entry activities. This deal indicates sustained investor confidence in India's deep-tech hardware sector and its potential for domestic innovation.

Sugar Cosmetics seeks ₹100-150 crore rescue funding at steep valuation cut.

D2C beauty brand Sugar Cosmetics is seeking ₹100-150 crore in fresh capital from family offices, HNIs, and existing investors. The funding is necessitated by a cash crunch following a misfired offline expansion, with the deal expected at a valuation of ₹1,400-1,500 crore—a steep discount from its peak. This signals a strategic shift to stabilize finances and focus on profitability over aggressive growth in a competitive market.

Microfinance firm Sindhuja Microcredit raises $5 million in pre-Series D round.

Sindhuja Microcredit, a non-banking financial company (NBFC-MFI), has secured $5 million in its pre-Series D funding round. The capital infusion comes from existing investors and is intended to bolster the company's balance sheet and expand its loan portfolio. This bridge funding round strengthens the firm's financial position as it prepares for a larger, subsequent Series D fundraise to support its ongoing growth and operational scale-up in the micro-lending sector.

Nivasa Finance secures ₹25 Cr seed round from Prime Ventures, Blume for rural lending.

Housing finance platform Nivasa Finance has raised ₹25 Cr ($2.6 Mn) in a seed funding round from Prime Venture Partners, Blume Ventures, and Whiteboard Capital. The company, a tech-enabled distribution platform for affordable home loans in rural markets, will use the funds to expand geographically and strengthen its partner network. Having piloted with over ₹20 Cr in disbursements in Karnataka, Nivasa is also pursuing its own NBFC licence to enhance its lending capabilities.

Toy subscription platform The EleFant secures $1 million in pre-Series A funding

The EleFant, a direct-to-consumer toy subscription startup, has raised $1 million in its pre-Series A funding round. This capital infusion is targeted at scaling operations within the niche market for curated, age-appropriate children's products. The company plans to utilize the funds to expand its toy inventory, enhance its technology platform, and grow its customer base.

Enterprise intelligence platform SCIKIQ raises $1.5 million in pre-Series A funding.

Enterprise intelligence platform SCIKIQ has raised $1.5 million in its pre-Series A funding round, co-led by YourNest and WFC. The company will use the capital to expand its product roadmap, grow its team, and scale go-to-market strategies for the US and European markets. This investment signals continued investor interest in no-code augmented analytics platforms that help enterprises automate data analysis and streamline decision-making.

Dhan parent Raise Financial acquires GreenLife Insurance for $15M, enters broking sector.

Raise Financial, the parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock deal. This transaction marks the wealthtech unicorn's entry into the insurance broking market, aiming to build a direct consumer and distribution business. The deal is Raise Financial's third this year, following a $120 million fundraise and signaling an aggressive expansion strategy into adjacent financial services.