InCred Money Enters Retail Broking with Stocko Acquisition

InCred Money is acquiring discount brokerage platform Stocko, marking its foray into the retail broking segment. This strategic move aims to expand InCred’s financial services portfolio and tap into India’s growing retail investor base. The acquisition is expected to strengthen its position in the digital investing ecosystem.

Aspora Raises $53M to Expand NRI-Focused Fintech Services Globally

Aspora, a fintech startup targeting the Indian diaspora, has secured $53 million in a Series B round led by Sequoia and Greylock, with contributions from Quantum Light Ventures and existing backers. The London-based platform offers fee-free remittances, builds banking, credit, and insurance services, and has processed $2 billion across 250,000+ users. Funds will fuel expansion into the US, Canada, Australia, and Singapore.

JIIF Backs Atomic Capital’s ₹350 Cr Consumer Fund with ₹26.5 Cr Investment

Early‑stage angel network JIIF has committed ₹26.5 crore to Atomic Capital’s debut ₹350 crore consumer‑focused VC fund. Launched in 2024 by Apoorv Gautam, Atomic adopts an "Operating VC" model, offering capital plus hands‑on support in brand building, marketing, supply chain, and leadership hiring. This marks JIIF’s largest collective investment in consumer startups, reinforcing their confidence in digital‑first, regionally-driven brands

DCM Shriram to Acquire Hindusthan Speciality Chemicals for ₹375 Crore

DCM Shriram’s board has approved a ₹375 crore acquisition of 100% equity in Hindusthan Speciality Chemicals Ltd (HSCL), marking the company’s strategic entry into the epoxy and advanced materials segment. HSCL, based in Bharuch, Gujarat, recorded ₹274 crore in FY 2024‑25 revenue. The deal, expected to close by September 2025, aligns with DCM Shriram’s ₹1,000 crore investment plan and requires limited regulatory approvals

GIVA Raises ₹450 Cr to Boost Lab-Grown Diamond Expansion

Jewellery brand GIVA has secured ₹450 crore in funding from Creaegis and existing investors. The funds will fuel expansion into lab-grown diamonds and strengthen retail presence. This investment highlights growing investor interest in sustainable, modern jewellery options.

Lighthouse Funds Pumps ₹300 Cr into Pune-Based Knest Manufacturing

Growth-stage private equity firm Lighthouse Funds has invested ₹300 crore (≈ $35 million) in Knest Manufacturing, a Pune-founded construction-tech specialist. The funding supports R&D, increased manufacturing capacity, and backward integration across its aluminium formwork and safety systems. This marks Lighthouse IV Fund’s sixth investment, advancing sustainable, tech-driven construction.

Garuda Aerospace Secures $1M Boost in Series B from Narotam Sekhsaria Office

MS Dhoni-backed drone startup Garuda Aerospace has raised an additional $1 million in its Series B round, led by the Narotam Sekhsaria Family Office alongside other investors. The funds will scale production from 8,000 to up to 15,000 drones annually and expand exports to 50 countries

PowerUp Money Secures $7.1M Seed Round Led by Accel, Blume and Kae

Bengaluru-based wealthtech startup PowerUp Money has raised $7.1 million in a seed round co‑led by Accel, Blume Ventures, and Kae Capital, with participation from 8i Ventures, DeVC, and angels. The funds will enhance its investment intelligence engine, introduce advisory services, expand product offerings, and accelerate user acquisition.

Glean Secures $150M Series F at $7.2B Valuation to Accelerate Enterprise AI Agents

Enterprise AI startup Glean raised $150 million in a Series F round led by Wellington Management, valuing the company at $7.2 billion. With over $100 million ARR and 100 million+ annual agent actions, Glean will deepen product innovation, expand partner ecosystem, and accelerate international expansion.

Plush Secures ₹40 Cr in Series B Funding to Expand Feminine Hygiene Brand

Chennai-based feminine hygiene startup Plush has raised ₹40 crore in a Series B funding round led by Premji Invest's former senior partner Rahul Garg. Founded in 2019 by Ketan Munoth and Prince Kapoor, Plush offers eco-friendly products like sanitary pads and intimate wipes. The funds will support product development, retail expansion, and marketing efforts