EV powertrain startup Matel secures ₹130 crore in Series B funding led by UC Impower.

EV powertrain technology company Matel has raised ₹130 crore (approximately $15.6 million) in its Series B funding round. The round was led by climate-tech fund UC Impower, with participation from existing investor Transition VC, to be used for scaling production and R&D. This investment signals strong investor appetite for India's domestic EV component manufacturing sector as it works to localize its supply chain.

Enterprise AI firm Yellow.ai to go public via $550M merger with SPAC Bluerock Acquisition Corp.

Enterprise AI company Yellow.ai has entered a definitive agreement to merge with Bluerock Acquisition Corp., a special purpose acquisition company (SPAC). The transaction values the combined entity at an estimated $550 million and will result in Yellow.ai becoming a publicly listed company. This deal provides Yellow.ai with access to public capital markets to fund its global expansion and development in the agentic AI sector.

Bending Spoons to Acquire No-Code Platform Airtable for $1.285 Billion in All-Cash Deal

Italy's Bending Spoons has agreed to acquire U.S. software firm Airtable in an all-cash deal valued at $1.285 billion. This transaction marks Bending Spoons' first acquisition since its Nasdaq debut, reinforcing its strategy of purchasing and restructuring digital businesses. The deal provides an exit for Airtable's investors and expands the acquirer's portfolio with a significant enterprise-focused, no-code application platform, pending regulatory approvals.

Logistics firm LEAP India files for ₹2,480 Cr IPO amid strong revenue growth

Supply chain solutions provider LEAP India has filed for a ₹2,480 crore initial public offering, setting a price band of ₹151-₹159 per share. The move follows a strong fiscal year where operating revenue grew 56% to ₹729.5 crore and net profit jumped 66% to ₹62.3 crore. The issue comprises a ₹480 crore fresh issue for the company and a ₹2,000 crore offer for sale by existing private equity investors, including KKR-affiliated entities.

Home Decor Marketplace Vaaree Secures ₹65 Cr in Series A Funding

Home decor marketplace Vaaree has raised ₹65 Cr (~$6.8 Mn) in a Series A round co-led by Hero Enterprise and Cap Alpha Ventures. The company will use the capital to expand its fulfilment network for faster deliveries and enhance its proprietary AI-powered product discovery engine. This funding signals continued investor confidence in the tech-enabled home improvement sector, following recent fundraises by peers like AllHome and HomeEssentials.

Fintech GetVantage Secures ₹63 Cr in Series A1 for B2B Embedded Finance Platform

Fintech platform GetVantage has raised ₹63 crore ($6.6 million) in a Series A1 round comprising equity and debt, led by Rajeev Ahuja and SanRaj Group. The capital will scale its API-led "capital gateway," which embeds cash-flow-based financing solutions for MSMEs within marketplaces and digital ecosystems. This investment strengthens GetVantage's position in the competitive alternative lending space, addressing the significant MSME credit gap in India.

AI Networking Platform Hylenr Secures Pre-Seed Funding from Angel Investors

AI-powered networking platform Hylenr has secured an undisclosed amount in a pre-seed funding round led by a consortium of angel investors. Several other individual investors also participated in the financing for the Gurugram-based startup, which offers a platform to facilitate professional connections and career opportunities. The newly raised capital will be allocated towards product development, expanding its user base, and enhancing its machine learning algorithms to improve networking recommendations.

Agri-tech startup Vimag Labs secures seed funding from Speciale Invest

Agri-tech firm Vimag Labs has raised an undisclosed amount in a seed funding round led by deep-tech venture capital firm Speciale Invest. The company develops AI-powered computer vision technology for quality control and grading of agricultural commodities like coffee and grains. This capital infusion will be used to expand its engineering team, enhance its product suite, and scale commercial deployments across India.

Nykaa to acquire 51% majority stake in skincare brand Aminu for Rs 32 crore

Beauty and fashion retailer Nykaa is acquiring a 51% stake in Mumbai-based skincare brand Aminu for Rs 32 crore. The transaction targets the high-growth premium skincare segment, where Aminu is a top-performing brand on Nykaa's platform. The previously bootstrapped company, which sells serums and oils, reportedly clocked Rs 19 crore in revenue in FY26, up from Rs 13 crore the previous year.

AI-native CRM platform Superleap raises ₹36 crore in pre-Series A round led by Peak XV.

AI-native CRM startup Superleap has secured ₹36 crore (~$4.2 million) in a pre-Series A funding round led by Peak XV Partners' Surge. Founded by former Unacademy executives, the company provides an AI-powered platform to replace legacy CRM systems for enterprise revenue teams. The capital will be used to expand go-to-market efforts, enhance product capabilities, and accelerate adoption, targeting clients in BFSI, SaaS, education, and healthcare sectors.