Bengaluru-based fintech company Cashfree Payments has raised $53 million in a Series C funding round to drive global expansion, enhance digital payment solutions, innovate technological innovation, and scale online collections for businesses worldwide. The round was led by South Korean digital entertainment giant Krafton alongside existing investor Apis Partners. The investment values the company at approximately $700 million, highlighting its growing influence in the payments sector. “They (Krafton) have been active in India and investing in digital content and entertainment. We recognize them as a major player with a deep...

Bengaluru-based seafood supply chain startup Captain Fresh has secured $30 million in pre-IPO funding to reinforce its financial foundation, drive global expansion, and prepare for its upcoming initial public offering (IPO). The round saw participation from existing investors, including Prosus Ventures, Accel, and Tiger Global, alongside new backers such as the family office of Swiggy co-founder Sriharsha Majety, India Equity Partners Chairman Sid Khanna, Sona Comstar Chairman Sunjay Kapur, and global retailer supplier Shivalik Prints. The infusion of capital follows a $12 million investment from Motilal Oswal Wealth Limited last...

Salad Days, an Indian healthy food brand, has secured $3.4 million in Series A funding to expand its cloud kitchens, enhance its technology stack, boost profitability, and strengthen its organic farm operations co-led by V3 Ventures and Client Associates Alternate Fund. This marks the brand’s first institutional funding after successfully operating as a bootstrapped and profitable venture for over a decade. The fresh capital will drive Salad Days’ expansion strategy, focusing on opening new cloud kitchens, upgrading its technology stack, hiring top talent, and boosting marketing efforts. The company also...

Fintech startup Ambak has raised $7 million in funding led by Peak XV Partners to transform home loan financing through AI-powered solutions, leveraging Digital Public Infrastructure to streamline the credit approval process for borrowers. The round also witnessed participation from Advantedge VC, DeVC, and angel investors. The company aims to simplify home loan financing by integrating with over 50 lenders and leveraging AI-powered solutions to enhance accessibility for borrowers. Founded by Raghuveer Malik, Rashi Garg, and Rameshwar Gupta, Ambak operates a marketplace for home loans, connecting buyers with banks and...

Leap, a platform for international student mobility, has successfully raised $65 million in its latest funding round for improving study abroad opportunities, which are expanding rapidly as international expansion, strategic acquisitions, advanced AI integration, and increased funding drive innovation in the education technology sector. The Edtech startup will primarily focus on strengthening its presence across high-demand markets such as China, Malaysia, Taiwan, Bangladesh, Sri Lanka, West Asia, and Southeast Asia. This capital infusion is set to amplify Leap’s mission of offering an all-encompassing study-abroad solution, further cementing its position as...

B2B SaaS startup Atomicwork has raised $25 million in Series A funding to enhance its AI-driven automation platform, transforming enterprise IT service management with its innovative agentic service management approach. The Series A funding round was led by Khosla Ventures and Z47 (formerly Matrix Partners India), with additional backing from Battery Ventures, Blume Ventures, and Peak XV Partners. This investment strengthens Atomicwork’s mission to modernize IT service management (ITSM) through AI-driven automation. “With this new funding, we will focus on expanding our go-to-market strategy while also investing in research and...

Innov8, a prominent coworking space provider owned by OYO, has raised INR 110 crore in a successful funding round, driven by the growing demand for flexible office solutions and hybrid work models, pushing its valuation to an impressive ₹1,000 crore. The round, led by renowned investors like Mankind Pharma, Gauri Khan, Rupa Group, and Jagruti Dalmia, garnered 2.7 times oversubscription. This accomplishment underscores growing confidence in the coworking industry, fueled by the rising demand for flexible office solutions. Investors, including Mankind Pharma and Gauri Khan, contributed 55 percent of the...

Astrome Technologies, a Bengaluru-based deeptech startup specializing in e-band long-distance communication solutions, has raised $10 million in funding to transform the landscape of wireless connectivity technologies and terrestrial networks with its innovative GigaMesh product while expanding into satellite communication and advancing 5G and 6G connectivity worldwide. The current funding was led by Appollo Fund, with follow-on investments from IAN Group. The recent funding positions the company to expand its terrestrial and satellite communications footprint, reshaping the global connectivity landscape. “With this capital, we aim to revolutionize the communication landscape by...

Infra.Market, an Indian construction materials solutions platform, has raised $120 million in a pre-IPO funding round led by Tiger Global, achieving a $2.8 billion valuation as it prepares to go IPO-bound later this year. This milestone marks a pivotal step as the company prepares for its highly anticipated stock market debut later this year. Founded in 2016 by Souvik Sengupta and Aaditya Sharda, Infra.Market specializes in providing various building materials, including ready-mix concrete, aggregates, steel, construction chemicals, AAC blocks, and equipment solutions. Additionally, its private-label offerings span lifestyle and finishing...

The Ministry of Power’s updated guidelines for battery swapping and EV charging infrastructure have the potential to transform the Indian EV sector by integrating Battery-to-Grid technology, promoting the battery as a Service model, appointing a State Nodal Agency for implementation, and adhering to safety standards set by the Bureau of Indian Standards. These forward-thinking measures aim to accelerate EV adoption by addressing challenges like range anxiety, high vehicle costs, and the lack of robust charging infrastructure. The Ministry’s focus on battery swapping—where depleted EV batteries are replaced with fully charged...