Titan Capital former partner Bipin Shah's ZeroPearl nears $30-million maiden fund
In under a year, ZeroPearl has written 13 cheques for startups, including health-tech venture Curacare, sneaker brand Gully Labs, and AI-powered product experience management startup Catalogus
Zepto defers IPO to 2026, seeks private funding from overseas and domestic investors
Zepto CEO Aadit Palicha has spent a lot of time in the US in the past couple of weeks to discuss a potential fundraise. Zepto has received term sheets from Avenir Growth and General Catalyst, existing backers, for a potential $700 million round, sources told Moneycontrol.
Wealthtech platform Stable Money raises $20 million in Series B; pilots mutual funds, loan against FDs
The round, coming less than a year after its $15 million Series A, was led by Nandan Nilekani’s Fundamentum Partnership, with participation from existing investors Z47, RTP Global, Lightspeed, and new backer Aditya Birla Ventures.
Snitch secures Rs 340 crore from 360 One Asset, Manyavar’s Ravi Modi, others
Existing investors such as SWC and IvyCap Ventures also participated in the round, which propelled the D2C fashion company's valuation to about Rs 2,500 crore from around Rs 500 crore in December 2023
Zerodha set to invest up to Rs 125 crore in NBFC arm as loan book tops Rs 400 crore
The secured lending business (Loan against Securities), which began active retail operations in 2021 via NBFC Zerodha Capital, posted a revenue of Rs 36 crore, with a profit of Rs 12.25 crore in FY25, up from Rs 7.2 crore a year ago. The firm declined to comment on the latest capital infusion.
L Catterton, backed by LVMH, to raise $600 million for debut India fund; IFC proposes $30 million
IFC has proposed an equity investment of up to $30 million in the fund, capped at 19.9% of total commitments, and an additional $30 million under a delegated co-investment
Snabbit raises $19 million from Lightspeed and others as investors pour money into quick delivery startups
Nexus Venture Partners and Lightspeed, key investors in Snabbit also happen to be backers of Zepto, where Snabbit founder Aayush Agarwal previously worked, underscoring investor confidence in the space. In fact, the space is so hot that it helped Snabbit close the round in "under a week."
InCred’s Vivek Bansal, ex-Kotak executive Sunil Daga raise Rs 475 crore Series A for new NBFC venture
Moneycontrol was the first to report in September that Bansal and Daga were set to launch Saarathi Finance, an MSME-focused NBFC, and were in talks to raise equity capital at a projected valuation of Rs 1,000 crore
Kunal Shah-led Cred to raise $75 million from existing investors in a down round
The funding will value Cred at approximately $3.5 billion, a sharp drop from the previous $6.5 billion valuation amid a broader funding slowdown in India’s startup ecosystem.
Manufacturing AI startup Frinks AI raises $5.4 million, ropes in former TCS CEO Ramadorai as advisor
The latest round, which brought the total funding to $6.25 million, saw participation from existing investor Chiratae Ventures, as well as Navam Capital and Ashok Atluri, founder of Zen Technologies.
PE firm Multiples closes $430 million continuation fund backed by HarbourVest, TPG NewQuest, others
The fund will extend Multiples’ investments in Vastu Housing Finance, Quantiphi, and APAC Financial Services, with backing from global investors
Value fashion retailer Citykart raises Rs 538 crore in Series B funding led by TPG NewQuest, A91 Partners
The fundraise is a shift in Citykart’s investor base, where early backer Investcorp made a complete exit while India SME Fund continues to hold a minority stake.
Mensa Brands in talks to raise Rs 220–250 crore pre-IPO bridge round, ropes in OLX India CFO
The Tiger Global and Accel-backed firm, which claims to have turned cash flow positive, has also roped in a new Chief Financial Officer (CFO) Akshay Jain from OLX India, replacing its outgoing finance chief and founding member Vinay Juluri, per sources.
IKF Finance closes Rs 1,465 crore funding from Norwest, Motilal Oswal Alternates
Moneycontrol was the first to report in February that IKF Finance was in advanced talks to raise a $70–80 million in primary capital. The round was subsequently upsized, as institutional investors, including Motilal Oswal Alternates, TIAA and Accion, increased their stakes
Dream11 parent to invest $50 million in Cricbuzz, Willow TV
The investment paves the way for deeper fan engagement, interactive streams and integrated commerce experiences, Dream Sports co-founder Harsh Jain has said
Zepto secondaries: Motilal Oswal and Raamdeo Agrawal both personally buy shares worth $100 million
Apart from the current round, Motilal Oswal, the firm, is also preparing to lead a secondaries round to the tune of $250 million in Zepto. Edelweiss and Hero Fincorp will participate in the round, too.
Routematic raises $40 million in Series C funding led by Fullerton Carbon and Shift4Good
Founded in 2013, Routematic provides full-stack corporate commute solutions to over 300 companies across 23 cities in India.
91Trucks raises $5 million in Series A funding led by Arkam Ventures
It will use the funds to enhance omnichannel customer experience, set up 20 more retail outlets and scale its team, the company has said
GoKwik in talks to raise $20-25 million in internal round led by RTP Global
This comes few months after the Delhi-based firm acquired Shopify-based returns management app Return Prime to expand its reach into international markets.
AI astrology startup Vaya raises $1.5 million in seed funding from Accel, Arkam Ventures
The funding will primarily be used to expand Vaya’s core team, enhance its AI technology, and build a strong community of Vedic astrology experts, the company said.
Interior design startup Flipspaces raises $35 million led by Iron Pillar
The funds will be used to accelerate growth across India, the US and the UAE, strengthen technology and brand leadership and explore inorganic growth opportunities, the company has said
Marquee investors TIAA, Accion, Motilal raise stake in IKF Finance after funding round upsized to Rs 800 crore
Moneycontrol had earlier reported that IKF was in talks to raise $70–80 million from Norwest and a sovereign fund. Sources now indicate that the round has been upsized to $96 million, with fresh capital coming from existing institutional investors, promotors, and Norwest as a new entrant.
Down rounds: Stanza Living and CityMall mull fresh funding at marked down valuations
Accel, a common investor in the two companies, is participating in the ongoing rounds at both Stanza Living and CityMall, sources told Moneycontrol.
Krafton-backed Blue Ocean Games launches $30-million fund for indie game developers
Blue Ocean Games aims to support more than 100 indie developers over the next three years, with focus on nurturing Indian talent
