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

In this week’s startup roundup, Indian startups witnessed an impressive flow of capital with several notable funding announcements. From AI-powered credit platforms to organic farming ventures, here’s a look at the startups that bagged investments and the key movements across the ecosystem.

FireAI raises Rs. 4 Cr in a seed round led by IPV

FireAI, a startup working on fire safety solutions powered by artificial intelligence, has secured Rs. 4 crore in a seed funding round led by Inflection Point Ventures. The funds will be used to strengthen its technology and expand market reach.

HouseEazy secures Rs. 150 Cr in Series B funding led by Accel

Proptech platform HouseEazy has raised Rs. 150 crore in its Series B round, with Accel leading the investment. The company plans to use the capital to scale operations and enhance its tech offerings for simplifying the home-buying process.

Coinbase backs CoinDCX at $2.45 billion valuation

Global crypto exchange Coinbase has invested in CoinDCX, valuing the Indian crypto platform at $2.45 billion. The move signals continued global interest in India's Web3 and digital asset space.

SpeakX.ai raises $16 Mn from WestBridge Capital

SpeakX.ai, an AI-powered language learning platform, has raised $16 million from WestBridge Capital. The funding will support its expansion into regional languages and drive its profitable growth strategy.

Two Brothers Organic Farms bags Rs. 110 Cr in fresh funding

Two Brothers Organic Farms has raised Rs. 110 crore to further its commitment to regenerative agriculture. The funding will help scale operations, strengthen supply chains, and increase consumer outreach.

GoodScore raises $13 Mn from Peak XV to grow AI credit platform

AI-driven credit health platform GoodScore has secured $13 million in Series A funding from Peak XV Partners. The company aims to improve access to credit and enhance its product offerings with the new capital.

Wealthtech startup Dezerv raises $40 Mn led by Premji Invest and Accel

Dezerv, a wealth management startup, has raised $40 million in a round led by Premji Invest and Accel. The funding will be used to expand investment solutions and build the product team further.

Hunger Inc raises Rs. 215 Cr in $24 Mn funding round

Hunger Inc, the hospitality group behind premium restaurants like The Bombay Canteen and O Pedro, has raised Rs. 215 crore in a $24 million round. The funding was co-led by Lighthouse Funds and DSG Consumer Partners and will support the brand’s national expansion.

Fragaria raises $2 Mn to transform premium fruit farming

Agritech startup Fragaria has raised $2 million in a seed round to revolutionise premium fruit farming in India. The company plans to use the funds for R&D, tech adoption, and improving supply chain efficiency.

Matters.AI secures Rs. 55 Cr in seed funding

Matters.AI, a startup offering AI-driven business productivity tools, has secured Rs. 55 crore in a seed round. The capital will be used for product development, scaling operations, and market expansion.

Mergers and Acquisitions

• Prosus acquires additional stake in Ixigo in a Rs. 1,296 crore deal as Peak XV and Elevation Capital exit.

• Quickwork partners with Neokred’s Blutic to enhance consent management for India’s digital lending ecosystem.

Other News

• WeWork India makes a lukewarm stock market debut, receiving a tepid response from investors.

• Apple lobbies the Indian government to relax income tax regulations amid growing local operations.