Dashverse, an Indian AI entertainment startup, has raised $13 million in Series A funding, drawing participation from Peak XV Partners, Stellaris Venture Partners, and Z47, as the company accelerates its push into micro dramas and AI video creation for global mobile audiences. Founded in 2023 by Sanidhya Narain, Lalith Gudipati, and Soumyadeep Mukherjee, Dashverse blends cutting-edge AI technology with creative storytelling to empower creators worldwide. Its core platforms, DashReels —a fast-growing micro-drama app —and Frameo.AI, an AI-driven video studio, enable creators to produce and distribute serialized, mobile-first content with cinematic...

Luxury vacation rentals platform ELIVAAS has raised $10 million in Series B funding, led by Vertex Ventures Southeast Asia & India, as it accelerates global expansion and ramps up technology investment. The Delhi NCR–based startup, founded in 2023 by Ritwik Khare and Karan Miglani, plans to deepen its presence in India’s top travel destinations while entering select international markets. “This round will enable us to not only grow aggressively in India but also lay the groundwork for international expansion. Our focus remains on leveraging technology to ensure seamless, high-quality experiences...

Truemeds, the Mumbai-based e-pharmacy platform, has secured Series C funding of $85 million to expand its reach in chronic care, launch diagnostic services, and deploy AI-driven tools for supply chain optimization. The round, completed in two tranches, was led by Accel and Peak XV Partners, with participation from WestBridge Capital and Info Edge Ventures. The Series C funding will fuel Truemeds’ expansion into underserved non-metro regions by opening new fulfillment centers, strengthening its engineering and product teams, and establishing a Bengaluru office to tap into India’s tech talent. The company...

AI in fintech, regulatory automation, compliance tech, the digital rupee, MSME fintech solutions, and embedded finance are no longer just buzzwords; they’re the building blocks of India’s rapidly evolving financial ecosystem. Few entrepreneurs understand this transformation as deeply as Anil K. Sharma, Director and Founder of AKSSAI ProjExel. A Chartered Accountant (Class of 2008), Anil K. Sharma spent years immersed in audit, finance, and consulting roles with Big 4 firms and global corporations before identifying a critical gap in how MSMEs navigated regulatory complexity. What pushed Anil K. Sharma to...

The Lenskart IPO has taken center stage with the eyewear retailer’s massive public debut involving a fresh issue of INR 2,150 crore and an Offer for Sale (OFS) of 13.23 crore shares. As revealed in its Draft Red Herring Prospectus (DRHP), global investors such as SoftBank, Temasek, and co-founder Peyush Bansal are divesting large portions of their stake, creating waves across financial markets. The Lenskart IPO involves a significant reshuffling of the company’s capital table. Key backers, including SoftBank, Temasek, and private equity fund Kedaara Capital, are offloading millions of...

Venture capital funding in India has surged in 2024 and maintained its resilience at record levels in 2025, even as Asian venture capital markets have slowed. Global investors are shifting cross-border investment toward tech startups, which is fueling India’s growing startup funding ecosystem. This contrast was evident in early 2025, when Asia’s VC deal count declined sharply as China’s market wavered, while India’s ecosystem rebounded with brisk deals in consumer tech and fintech. KPMG reports Q1’25 VC investment in Asia at $12.9 billion across 2,149 deals, down from a year earlier....

OmSpace Rocket, a spacetech startup based in Ahmedabad, has raised $3 million in pre-seed funding to develop Infinity One, a reusable launch vehicle designed to revolutionize low Earth orbit satellite missions and bolster India’s growing spacetech sector. The Space Tech startup has captured $3 million in early-stage capital from a consortium of undisclosed family offices and angel investors. This funding round signals growing investor confidence in India’s emerging spacetech ecosystem. The funds will help OmSpace Rocket finalize the prototype and commence test launches of Infinity One, its modular, reusable launch...

Originating from Chhattisgarh, Quantum-accelerated simulation software startup BQP, short for BosonQ Psi, has raised $5 million in an oversubscribed seed funding round to expand its digital twin platform, BQPhy, across the aerospace, defense, and semiconductor sectors, aiming to transform simulation with hybrid and quantum-ready capabilities. BQP has secured fresh capital from Monta Vista Capital, Empire State Development’s New York Ventures, Arc Ventures, Alumni Ventures, and others. The latest infusion brings the startup’s total funding to $6.6 million. Backers include early supporters like Paradigm Shift Capital and the Griffiss Institute, demonstrating...

Fractal Analytics, the AI powerhouse revolutionizing decision intelligence for global enterprises, has ignited its IPO journey with a bold $170 million secondary share sale, reaffirming its dominance in Generative AI, machine learning, quantum computing, and advanced analytics. Fractal Analytics anchors this narrative of innovation. The company’s latest secondary share sale, which saw Apax Partners offload a 6 percent stake to 22 marquee investors, including Trust Investment Advisors, now values Fractal at $2.44 billion. This move comes as the company lines up a $400–$500 million IPO, targeting a valuation of around...

AppsForBharat, India’s leading faith-tech startup, has raised $20 million in Series C funding, expanding its digital puja services, enhancing AI-driven personalization, and strengthening prasad delivery across temple towns. “With this fundraise, we are entering the next phase of growth, scaling temple partnerships, improving digital infrastructure for temples, and building AI capabilities to serve our users better,” said Prashant Sachan, founder and chief executive officer. AppsForBharat, a Bengaluru-based faith-tech startup, continues to transform spiritual engagement by bridging the gap between tradition and technology. With $20 million freshly raised in Series C...