Beverage brand Kathy's Beverages raises Rs 6 crore in pre-Series A round.

Kathy's Beverages has secured Rs 6 crore in its pre-Series A funding round. This transaction highlights investor appetite for early-stage ventures in India's competitive consumer beverage market. The capital is expected to be used for market expansion, strengthening distribution networks, and further product development ahead of a larger institutional funding round.

Construction robotics startup Flo Mobility secures $2.5M in pre-Series A funding.

Flo Mobility, a startup developing autonomous robots for the construction sector, has raised $2.5 million in its pre-Series A funding round. The new capital will be allocated towards expanding its market presence and enhancing its product development pipeline. This investment indicates growing investor interest in robotics and automation solutions aimed at improving efficiency and safety on construction sites.

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

Hardware-as-a-service (HaaS) platform HrdWyr has secured $13 million in its Series A funding round. The investment was led by technology-focused venture capital firm Ideaspring Capital, highlighting investor interest in scalable hardware solutions. This capital infusion is earmarked for accelerating product development, expanding market reach, and scaling the company's operational infrastructure.

Microfinance firm Sindhuja Microcredit secures $5M in pre-Series D funding round.

Sindhuja Microcredit, a non-banking financial company focused on microfinance, has raised $5 million in a pre-Series D funding event. The capital is intended to expand the company's loan portfolio and enhance its operational technology to serve more unbanked and underbanked populations. This transaction signals investor confidence in scalable models within India's financial inclusion sector, particularly for entities nearing later-stage growth.

Manufacturing-as-a-service platform Mekr raises ₹67 crore led by Avaana Capital.

Mekr, a manufacturing-as-a-service (MaaS) platform for appliance brands, has secured ₹67 crore in a funding round led by Avaana Capital. The round included participation from existing investors such as 3one4 Capital and Better Capital. Funds will be deployed to strengthen Mekr's technology infrastructure, expand its manufacturing partner network, and increase market penetration among electronics and appliance OEMs.

State Bank of India to raise up to $2 billion via overseas bonds in FY27.

The State Bank of India's board has approved raising up to $2 billion in long-term funds from international markets during the current fiscal year. Capital will be secured through single or multiple tranches of Reg-S/144A bond issuances, targeting global institutional investors. The move aims to diversify SBI's funding base and support strong domestic credit growth amid elevated interest rates in India's local market.

InCred Capital Acquires Singapore's S Cube Capital to Bolster Offshore Asset Management

InCred Capital, the wealth management arm of IPO-bound InCred Holdings, has acquired Singapore-based fund manager S Cube Capital for an undisclosed sum. The acquisition integrates S Cube's regulated fund vehicles into InCred's Singapore entity, aiming to strengthen its offshore capabilities across the India-Singapore-GCC investment corridor. This deal follows InCred's recent purchase of a Dubai-based firm and reinforces its global expansion strategy ahead of its planned public listing.

Virtual Restaurant Operator Dil Foods Secures ₹72 Cr in Series B Funding

Virtual restaurant operator Dil Foods has raised ₹72 Cr ($7.7 Mn) in a Series B round led by the Bikaji Foods Family Office, with V3 Ventures, MJV Ventures, and Alteria Capital participating. The company plans to use the capital for geographical expansion into Tier I and II cities, launch new regional cuisines, and strengthen its back-end supply chain. This funding positions Dil Foods to scale its asset-light model, which partners with existing restaurants to utilize spare capacity, competing against players like Rebel Foods and Curefoods.

ONGC to Launch ₹200 Crore Corporate Venture Fund for Energy Sector Startups

State-owned Oil and Natural Gas Corporation (ONGC) has announced plans to launch a new ₹200 crore startup fund. This initiative is designed to foster innovation within India's energy sector by investing in promising early to growth-stage companies. The fund will focus on startups developing technologies in oil and gas, alternative energy, and related deep-tech fields, with ONGC now seeking an advisory board to manage it.