The round also saw participation from India Accelerator & Finvolve, Equentis Wealth Advisory Services, Grand Anicut Angel Fund, Razorpay Ventures, Rukum Sitara Fund, and Ankurit Capital.
The fresh capital will be used to scale R&D development, expand its product portfolio, hire talent, widen its salon network, and invest in brand building initiatives across markets.
With the fresh funds, the Bengaluru-based startup aims to strengthen its core AI models, expand its technology and go-to-market teams, and improve conversion outcomes for sales functions within financial services.
Slower funding, changing consumer behaviour, and rising competition are forcing D2C brands to rethink how they grow, with 2026 shaping up as a test of execution rather than ambition
Following the acquisition, Urban Harvest plans to scale the brand by expanding distribution and improving price competitiveness through supply chain efficiencies.
The partnership brings together Polymage Labs' compiler expertise and Tenstorrent's AI computing platforms, with the aim of improving software support for advanced AI hardware.
The IITM Global Research Foundation will support international academic programmes, joint research and consultancy projects, startup collaboration and technology transfer.
As part of the deal, CarInfo and its companion app BikeInfo will be brought into the CARS24 ecosystem. However, both applications will continue to function as standalone products and will retain their existing teams.
As part of the agreement, UMG will secure global distribution rights for all future original soundtracks created for projects owned or controlled by Excel Entertainment.
Maruti Suzuki's export portfolio in 2025 included 18 models, which were shipped to more than 100 countries across regions such as Latin America, Africa, Asia, and Europe.