Pluckk Raises ₹100 Cr from Euro Gulf Investment to Expand B2B Logistics Network

Pluckk, a B2B logistics marketplace, raised ₹100 cr in a round led by Euro Gulf Investment, with participation from other investors. Founded in 2021 by former supply‑chain executives, the startup offers an AI‑driven platform that connects manufacturers, suppliers, and freight carriers across India. The fresh capital will be used to scale its technology, expand its carrier network, and enhance data analytics, positioning the company as a key player in India’s growing e‑commerce logistics ecosystem.

Equirus Raises $200M PE Fund to Expand NBFC Operations and Acquisition Strategy

Equirus, a private‑equity firm led by Ajay Garg, closed a $200 million fund with participation from existing investors including Sequoia India and IDG Ventures. Founded in 2017, Equirus focuses on growth‑stage investments across India, especially in fintech, consumer and healthcare sectors, and has recently launched a niche NBFC platform. The capital will be deployed to scale its NBFC arm, pursue strategic acquisitions, and deepen market presence in high‑growth sectors, positioning Indian investors for robust returns.

Nava Rebrands from Kluisz, Raises $22M Series A Funding

Nava, formerly Kluisz, secured $22 million in a Series A round led by Lightspeed India Partners, with participation from Sequoia Capital India and existing investor IDG Ventures. The Bangalore‑based deeptech firm, founded in 2021 by former Google and Microsoft engineers, builds AI‑powered tools for content creation and digital media. The funding will accelerate product development, expand the sales team, and support international market entry, positioning Nava as a key player for AI‑driven media solutions in India.

MCA Expands Fast‑Track Merger Eligibility for Unlisted & Cross‑Border Companies

The Ministry of Corporate Affairs has amended Rule 25(1A) of the Companies (CAA) Rules, 2016, expanding fast‑track merger eligibility to unlisted companies and cross‑border parent‑subsidiary deals. The move broadens the scope beyond startups and small firms, allowing unlisted entities with turnover ≤₹40 crore and paid‑up capital ≤₹4 crore, as well as foreign holding companies merging with Indian subsidiaries. This streamlined process, which replaces NCLT approval with ROC and regional director clearance, is expected to accelerate corporate restructuring, boost intra‑group consolidation, and facilitate multinational expansions in India.

Atlas Raises $6M Seed Funding Led by Stellaris and Accel

Atlas secured $6 million in seed funding led by Stellaris Venture Partners and Accel, with participation from existing investors. The Bangalore-based startup, founded by former Flipkart and Amazon executives, offers an AI‑powered platform that helps e‑commerce merchants streamline inventory, pricing, and supply chain operations. The fresh capital will be used to scale product development, expand the sales team, and enter new markets, positioning Atlas as a key player in India’s growing e‑commerce infrastructure ecosystem.