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

This week, India’s startup ecosystem buzzed with activity as companies across fintech, proptech, consumer brands, mobility, and cybersecurity secured substantial funding. From functional fashion and electric tractors to social investing platforms, here’s a roundup of the top funding rounds, strategic expansions, and growth moves shaping the market.

BatteryPool raised Rs. 8 Cr Pre-Series A

EV battery-as-a-service startup BatteryPool raised Rs. 8 crore in a Pre-Series A funding round that was led by Inflection Point Ventures, with participation from Indian Angel Network, Chennai Angels, and Keiretsu Forum. The company said the capital would be used to expand its fleet of shareable EV batteries across Indian cities and support infrastructure growth.

NeoSapien raised $2M in seed funding

Bengaluru-based AI wearable tech startup NeoSapien secured $2 million in seed funding led by Merak Ventures, with participation from prominent Indian angel investors. The company said the funds were earmarked for developing India’s first AI-native wearable ecosystem and scaling its R&D efforts.

Dr Paws raised $3.2M for expansion

Veterinary healthcare provider Dr Paws closed a $3.2 million funding round led by Chiratae Ventures, with participation from existing backers. The startup said it planned to use the investment to expand its network of clinics across India and enhance healthcare offerings for pets. 

Fibe raised $35M Series F

Fintech lending platform Fibe (formerly EarlySalary) raised $35 million in a Series F funding round led by the International Finance Corporation (IFC). The company said the new capital would be deployed to enhance its lending technology, broaden credit products, and expand market reach in consumer credit segments.

Skydo secured ₹90 Cr in fresh funding

Cross-border payments startup Skydo raised Rs. 90 crore in a fresh fundraising round led by Susquehanna Asia VC, with follow-on support from Elevation Capital and Eximus Ventures. The founders said the funding would fuel the expansion of global payments infrastructure and help accelerate adoption among MSMEs exporting from India.

Emergent and Chakr Innovation raised $23M each

AI workflow platform Emergent and cleantech company Chakr Innovation each secured $23 million in separate funding rounds, signalling continued investor interest in deep technology and sustainability. Chakr Innovation said its capital would be used to scale emission-control solutions and expand research and commercial deployments of clean energy products

Jupiter Money raised Rs. 115 Cr 

 Neobank Jupiter Money raised approximately Rs. 115 crore from backers that included Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. The company said the new funds would be used to deepen its suite of digital financial products, including savings, lending, and investment features.

Catalyx Space raised $5.4M seed round

Space hardware startup Catalyx Space raised $5.4 million in a seed funding round led by Outlander VC, with participation from strategic investors. The startup said the investment would be used to develop satellite buses and modular re-entry systems for payloads, positioning India as a competitive player in global launch services.

AgroStar raised $30M to scale agritech tools

Agritech platform AgroStar raised $30 million in a funding round led by climate and sustainability investors, aiming to expand its farm-to-farmer retail network and AI-driven farming tools. The startup said the investment would help it reach more smallholder farmers across India and introduce advanced digital tools for crop recommendations.

Ulook raised Rs. 19 Cr for space tech expansion

Bengaluru-based space technology startup Ulook raised Rs. 19 crore in a funding round led by growX Ventures and InfoEdge Ventures. The company said the funds would be used to build an autonomous satellite swarm for radio frequency sensing and spectrum awareness.