LightSpeed Photonics Secures $6.5 Million Funding
Deeptech startup LightSpeed Photonics, known for its cutting-edge optical interconnects for data centers, has raised $6.5 million in a pre-Series A funding round led by pi Ventures. With this round, the startup has now raised a total of $8.5 million since its founding in 2021.
Other participants in the round include 500 Global, India Accelerator…
Blostem Raises Pre-Series A Funding From Zerodha’s Rainmatter
B2B banking infrastructure startup Blostem has secured an undisclosed pre-Series A investment from Zerodha’s investment arm, Rainmatter. The funding comes as part of Rainmatter’s growing focus on fintech and financial infrastructure startups, signaling strong investor confidence in Blostem’s potential to transform digital…
In a move that could redefine the way music is licensed in India, Hoopr, the country’s emerging automated music licensing platform, has raised Rs 4 crore in the first tranche of its pre-Series A funding round. Led by Inflection Point Ventures (IPV) and supported by multiple family offices along with existing investors, this funding is set to turbocharge the expansion of Hoopr’s revolutionary…
Bengaluru-based OnFinance AI, a startup developing artificial intelligence solutions for the banking, financial services, and insurance (BFSI) sector, has raised $4.2 million (around INR 37 crore) in a pre-Series A funding round. The round was led by Peak XV’s Surge and saw participation from prominent investors including Groww Founders’ Fund, MarsShot VC (Razorpay Founders’ Fund), Climber…
Medial, a fresh professional networking platform aimed at the startup ecosystem, has just raised $500,000 in a pre-Series A funding round. The investment is a significant milestone for the company, which has already gained substantial traction within just a few months of launching. Led by Ortella Global Capital, this funding round highlights the growing interest in platforms that bring together…
India IVF, one of the country’s pioneering tech-enabled fertility platforms, has successfully raised $1.25 million in its pre-Series A funding round. The funding, led by Tomorrow Capital, will help the startup expand its network and make fertility care more accessible to underserved communities across North India.
Founded by Dr. Richika Sahay and Dr. Somendra Shukla in 2014, India IVF has been…
In an exciting development for the manufacturing industry, DesignX, a startup focused on transforming traditional manufacturing through cutting-edge technology, has successfully raised $1 million in its pre-Series A funding round. The investment, led by Piper Serica Angel Fund, signals a significant step towards the company’s mission of digitizing and automating factory processes, making…
Overview of the Funding Round
Direct-to-consumer (D2C) FMCG startup Mitra has successfully raised Rs 11 crore (approximately $1.3 million) in a pre-Series A funding round. The round was led by Bestvantage Investments and a prominent family office based in Dubai. Notable participants included Arjun Vaidya, founder of V3 Ventures and former CEO of Dr Vaidya’s, Ashok, Ajay Kumar, ex-COO of Pizza…
Chandigarh-based fashion startup Theater has raised $1.5 million in a pre-Series A funding round led by Mumbai-based venture capital firm Prath Ventures. The round also saw participation from existing angel investors, reflecting strong confidence in the brand’s growth potential.
Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater specializes in women’s…
