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

From deep tech breakthroughs and expansions to transformative logistics platforms and multilingual voice AI tools, startups across various sectors are drawing investor attention and scaling up. With key mergers, strategic appointments, and a strong push for global presence through AI accelerators and overseas expansions, the week marks a robust chapter in India’s innovation narrative.

KhiladiPro Clinches Rs. 8 Crore to Scale Sports Tech Offering

Bengaluru-based KhiladiPro, focused on early-stage athlete development, has secured Rs. 8 crore in a pre-seed round. The funding will bolster its AI-backed scouting and performance tools aimed at nurturing sports talent from grassroots levels.

GROWiT India Raises Rs. 25 Crore to Expand Protective Farming Tools

Agritech innovator GROWiT India closed a Rs. 25 crore Series A round led by GVFL and supported by a range of strategic investors. The funds will enable the startup to scale its protective farming solutions and R&D efforts across India’s agricultural belts.

Fleetx Bags Rs. 113 Crore to Accelerate Supply Chain Tech

Fleetx, a logistics SaaS provider, has raised Rs. 113 crore in its Series C round. Backed by Indiamart and BEENEXT, the startup plans to deepen its enterprise reach and enhance its real-time fleet visibility and compliance suite.

Slikk Secures ₹83 Crore to Boost Fashion Delivery

Fast-growing fashion logistics player Slikk has raised Rs. 83 crore in funding from Nexus Venture Partners and others. The capital will be used to shorten delivery cycles, build new return mechanisms, and expand beyond tier-1 cities.

Ringg AI Attracts Rs. 8.3 Crore to Reinvent Voice AI

Ringg AI has raised over Rs. 8 crore in seed funding, aiming to automate multilingual voice-based customer engagement for small and medium-sized enterprises. Its no-code platform supports customisation for vernacular markets.

Contineu Raises Rs. 10 Crore to Modernise On-Site Data Systems

Construction-focused deeptech startup Contineu has raised Rs. 10 crore in seed funding led by SenseAI Ventures. The company aims to digitise site operations through AI-powered process automation and visual intelligence.

Mergers and Acquisitions

• Maruti Suzuki has entered a strategic collaboration with Japan’s JETRO to enable cross-border startup opportunities.

• Imarticus Learning has finalised the acquisition of education platform MyCaptain for Rs. 50 crore to bolster its edtech portfolio.

• Global advertising giants Omnicom and IPG are merging to create the world’s largest agency conglomerate.

• The CCI has given the green light to the merger of B2B platforms Jumbotail and Solv, aiming to consolidate SME services.

Apppointments

• Adelaide Quinn has been named Assistant Director of Food and Beverage at Four Seasons Hotel, Mumbai.

• Bhuvanesh Mendiratta is the new Managing Director at Miraj Cinemas, bringing with him a decade of leadership experience.

• Innovartan has welcomed Ravi Sharma as its new CTO to drive technical innovation.

Other News

• Ten Indian AI startups have been chosen for an international accelerator hosted in Paris under the IndiaAI Mission.

• A 40% uptick in startup investments was observed in Q1 2025, with late-stage ventures attracting the lion’s share.

• Health-tech platform Practo has expanded its footprint into the UAE, aiming at the region’s rapidly digitalising care sector.

• Sarvam AI’s new multilingual language model has sparked debate on the scalability of Indian AI in global markets.