Startup, Mergers, Acquisitions and Funding Round-up this week

This week in Indian startups, funding flowed across manufacturing, fintech, AI, and consumer brands. From Bombay Shaving Company’s Rs 136 crore raise to Everest Fleet’s EV expansion, here’s the latest roundup of deals, mergers, and key developments.

Brandworks Technologies raises $4 million

Manufacturing startup Brandworks Technologies secured $4 million from Roha Family Office. The funding will support the company’s efforts in advancing manufacturing automation and scaling its operations.

Bombay Shaving Company bags Rs. 136 crore, eyes IPO

Men’s grooming brand Bombay Shaving Company raised Rs. 136 crore and is now gearing up for an initial public offering. The fresh capital is expected to boost product expansion and strengthen retail presence.

HRS Navigation raises $5 million in pre-Series A

Healthcare logistics startup HRS Navigation has raised $5 million in a pre-Series A round, aimed at enhancing its technology-driven hospital resource management solutions.

Haus & Kinder secures $3.3 million

Quick-commerce home décor startup Haus & Kinder raised $3.3 million led by Sauce VC. The funding will help the brand expand its operations and strengthen its presence in India’s fast-growing home décor market.

Finnable raises Rs. 500 crore

Fintech startup Finnable raised Rs. 500 crore in a funding round led by Z47 and TVS Capital. The capital will accelerate product development and strengthen its market position in digital lending.

QuickShift raises Rs. 22 crore in pre-Series A

Logistics tech startup QuickShift secured Rs. 22 crore in pre-Series A funding led by Atomic Capital, supporting its expansion and technology enhancements.

Aequs secures Rs. 144 crore in pre-IPO placement

Engineering and manufacturing player Aequs raised Rs. 144 crore from SBI Funds, DSP, and Think India Opportunities in a pre-IPO placement round, paving the way for its upcoming listing.

Shoppin’ raises $1 million from InfoEdge Ventures

AI-powered fashion search engine Shoppin’ secured $1 million from InfoEdge Ventures to enhance its technology platform and expand offerings to consumers.

GreenFi raises $2 million in seed funding

Sustainable fintech startup GreenFi raised $2 million in a seed round led by Transition VC. The funding will be used to scale its green finance and ESG-focused initiatives.

Everest Fleet raises Rs. 177 crore from Uber

EV-focused logistics startup Everest Fleet secured Rs. 177 crore from Uber to accelerate its next phase of electric vehicle-led growth.

Mergers & Acquisitions

• CarTrade in talks with CarDekho parent: CarTrade confirms acquisition discussions with CarDekho’s parent amid industry consolidation.

Other News

• SRPA gets self-regulated organisation tag: SRPA now recognised as a self-regulated organisation for PSOs.
• Lenskart makes muted trading debut: Indian eyewear retailer Lenskart debuts at $7.7 billion, reflecting cautious investor sentiment.