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The investment will be deployed through Qualcomm Ventures and will fund startups at various stages, with a strong focus on AI applications in automotive, Internet of Things (IoT), robotics, and mobile technologies.
The round was led by market investor Ashish Kacholia and Unicorn India Ventures, with participation from Roots Ventures, Caperize Fina, and MAIQ Growth Scheme.
EaseMyDeal is an integrated fintech platform simplifying payments, credit, investments, and deals while connecting users, merchants, and financial services seamlessly.
The round was led by Sekar PRC (former CEO, Hexaware) and Sudip Nandy (former CEO, Aricent), along with the company's founders Anjan Lahiri and Samit Deb.
The collaboration aims to enable Government of India departments to adopt advanced cloud services while ensuring data residency, security, and compliance requirements are met.
Looking ahead, over the next three months, PV industry should see a strong Feb–Mar run on the back of booking pipeline strength, new model/variant excitement, and financial year-end buying
IOB expanded its dedicated Startup Banking Network by opening exclusive startup-focused branches in Delhi, Mumbai and Bengaluru, building on the success of its first specialised branch in Chennai.
The fund focuses on deep-tech sectors including AI, robotics, space, defence, cybersecurity, biotech, sustainability, and consumer innovation in India.
The investment includes equity capital of up to USD 600 million from Blackstone and participating investors, with Neysa planning to secure an additional USD 600 million in debt financing, subject to documentation.
Late-stage funding recorded a slight decline compared to 2024, but remained significantly higher than 2023 levels, as seed and early-stage investments declined compared to previous years.