Petjio World Targets $1.5M Seed Funding to Expand Digital Pet Services in

Petjio World, a digital-first pet care startup, is seeking $1.5 million in seed funding from venture capital firms and family offices in India, the UAE, and the US. The platform offers services like boarding, grooming, training, vet consultations, and adoption, focusing on underserved tier-2 markets. Funds will support platform development, operations, and marketing

Urban Company Files ₹1,900 Cr IPO Draft, Aims to Strengthen Tech and Marketing

Urban Company has filed a draft red herring prospectus (DRHP) for a ₹1,900 crore initial public offering (IPO). The offering includes a ₹429 crore fresh issue and a ₹1,471 crore offer for sale by investors such as Accel, Elevation Capital, Tiger Global, and Vy Capital. Founders Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra will not sell their shares. Proceeds will fund technology development, cloud infrastructure, office leases, and marketing.

KALKI Fashion Secures ₹225 Cr from Lighthouse Funds to Expand Retail Footprint

Founded in 2007, KALKI Fashion is known for its contemporary ethnic collections, including bridal lehengas, sarees, gowns, and fusion wear. The brand operates both online and offline channels, with flagship stores in Mumbai and a growing digital presence.​ This funding round aligns with a broader trend of investor interest in Indian fashion brands. For instance, Rare Rabbit secured ₹150 crore from A91 Partners and Nikhil Kamath-backed NKSquared in June 2024.

Saimirra Innopharm Secures ₹160 Cr from Piramal Alternatives for Expansion into New Therapeutic Areas

Chennai-based pharmaceutical company Saimirra Innopharm has raised ₹160 crore in funding from Piramal Alternatives. The capital infusion will support the company's growth strategy, including brand acquisitions and entry into new therapeutic areas. This investment aims to bolster Saimirra's position in the pharmaceutical sector and facilitate its expansion plans.

Kult Raises $20M Series A from M3M Family Office to Expand AI-Powered Beauty Platform

Gurugram-based beauty tech startup Kult has secured $20 million (over ₹170 crore) in Series A funding led by M3M Family Office, with participation from Venture Catalysts. Co-founders Karishma Singh and Ruchika Pallavi plan to utilize the funds to enhance technology and operations, aiming for a Gross Merchandise Value (GMV) of ₹650–700 crore this fiscal year. Kult offers AI-driven personalized skincare recommendations and intends to onboard 700 premium products.

Metafin Secures $10M Series A Funding Led by Vertex Ventures to Expand Rural Solar Financing

Metafin, a Mumbai-based cleantech-focused non-banking finance company (NBFC), has raised $10 million in a Series A funding round led by Vertex Ventures Southeast Asia and India. The round also saw participation from Northern Arc, AU Small Finance Bank, Prime Venture Partners, and Varanium Capital. The funds will be used to deepen Metafin's presence in core markets, expand into new states like Chhattisgarh, Jharkhand, Odisha, and Madhya Pradesh, and strengthen its technology, credit, and service infrastructure.

Livspace Secures ₹427 Cr from Singapore Parent Amid Plans to Shift Domicile to India

Home interiors startup Livspace has received ₹427 crore from its Singapore-based parent company as part of a "reverse flip" strategy to relocate its domicile to India. This move aligns with Livspace's preparations for an IPO anticipated in late 2025 or early 2026. The capital infusion is expected to support the company's expansion and profitability goals ahead of the public offering

Perfios Acquires IHX to Enhance Healthcare Claims Management, Marking Third Acquisition in 2025

Fintech SaaS unicorn Perfios has acquired healthcare information exchange platform IHX, marking its third acquisition this year. The Bengaluru-based company aims to strengthen its claims management capabilities in the healthcare insurance sector through this acquisition. Financial terms of the deal were not disclosed. Earlier in 2025, Perfios also acquired Clari5 and CreditNirvana, signaling an aggressive expansion strategy.

Deloitte Flags Financial Control Lapses at VerSe Innovation, Parent of Dailyhunt and Josh

Deloitte has identified significant internal control deficiencies in VerSe Innovation's FY24 financials, highlighting issues in supplier selection, purchase approvals, and a ₹35 crore unexplained invoice. Despite these concerns, VerSe reported a reduced net loss of ₹889 crore and operating revenue of ₹1,029 crore. The company is implementing a comprehensive order-to-cash framework to address these lapses.

Zepto Founders Secure ₹1,500 Cr Debt to Boost Indian Ownership Ahead of IPO

Zepto co-founders Aadit Palicha and Kaivalya Vohra are raising ₹1,500 crore through structured debt, anchored by Edelweiss Alternative Asset, to increase their stake by purchasing shares from foreign investors. This move aims to elevate Indian ownership above 50%, aligning with FDI norms for inventory-led e-commerce models, and positions Zepto as an Indian Owned and Controlled Company (IOCC) ahead of its planned IPO