Business News

The round also saw participation from Enrission India Capital, SucSEED Ventures, Alumni Ventures and Chakra Growth Fund.

Under the agreement, Worldline will also enter into a long-term technology and software partnership with BillDesk.

The fund plans to invest between INR 2 crore and INR 5 crore in each portfolio company and has set aside additional capital for follow-on investments in high-performing startups.

The new capital brings the company's total funding to USD 14 million.

The round also saw continued participation from Nexus Venture Partners and AdvantEdge Founders, with Stride Ventures joining as a new investor.

Kotak Alternate Asset Managers Limited, through Kotak Life Sciences Fund I, invested INR 40 crore, while Alkemi Growth Capital contributed INR 25 crore.

Existing investor India Quotient also participated in the round.

The below brands have announced their latest funding rounds.

The round also saw participation from existing investors Square Peg, Stripe, Lightspeed, and Moore Capital, with PayPal Ventures joining as a new investor.

India's AI ecosystem has evolved beyond its early application-led phase, when companies relied heavily on globally available models and foreign infrastructure.

The initiative aims to bring together researchers, startups, enterprises, investors, and academic institutions to build sustainable, humanity-first AI solutions for global markets.

The three startups selected for the MaXcel cohort are Enerzi, Misochain and Quintrans.

The transaction will also include Session M's Czech subsidiary.

Singh will focus on health and family, remaining until March 2026 to ensure a smooth and structured leadership transition.

The fresh capital is expected to support aggressive growth plans, service interest obligations on debentures, and meet broader corporate requirements.

The funding round was led by Sky Impact Capital, with participation from Huddle Ventures, Lotus Herbal Group, SteerX and Tremis Capital.

The round also saw participation from existing investors Fundamentum and Elevation Capital.

The below brands have announced their latest funding rounds.

The UNXT program is a 200-hour, 30-day course designed to teach practical skills such as effective communication, workplace readiness, professional etiquette, core values, and essential life skills.

The below brands have announced their latest funding rounds.

The funding round was led by RPSG Capital Ventures, with participation from existing investors Veltis Capital, Multiply Ventures, and Dominor Investments.

Aimed at supporting AI, IoT, semiconductor and deep-tech sectors, the challenge will back 10 selected startups, while the top three winners share a INR 10 lakh prize pool and mentorship support.

The funds raised are expected to support capacity expansion, distribution growth, and marketing initiatives.

Venture capital firm Speciale Invest is expected to co-lead the round, which may include a mix of equity and convertible instruments.

The proposed centre aims to build one of India's largest AI ecosystem hubs focused on talent development, innovation and responsible adoption of artificial intelligence.

The firm, known for backing companies such as Canva, Zepto and Anthropic, plans to support Indian startups across intelligence, healthcare, defence technology, fintech and consumer technology.

The company described the job cuts not as reactive cost-cutting but as a strategic reallocation of resources.

Peak XV invested in Companion Labs, Kello, Memfold AI, Round1, and Zoop, advancing AI across entertainment, hiring, productivity, and commerce.

This Week's Top Funding Deals (Feb 14–20): Neysa and GREW Solar Lead Big Bets

The expansion, led by global cloud and technology firms, is expected to position India as a strategic hub for AI development and deployment.