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Lotus Herbals also acquired a 32% stake in skincare brand Fixderma in October 2021.

The programme focuses on ventures developing AI-led solutions across sectors such as healthcare, manufacturing, energy, real estate, governance, and data infrastructure.

Fresh capital will strengthen farm technology, improve disease management, expand farmer procurement in eastern India, scale processing exports, and support working capital needs.

Premium products and technologies tailored to India’s changing needs were primary factors driving growth for Tata Motors, M&M, and Hyundai India in the month of May.

With an annual revenue run rate of roughly $200 million, the company is now EBITDA profitable and generating cash—a milestone many digital-first consumer startups struggle to reach.

Consumer X Ventures builds on the popular D2C Insider community and the D2C Insider Super Angels Fund which backs early-stage funds.

The acquisition is aimed at strengthening Cyient’s capabilities in AI and data engineering as well as digital and product engineering.

Simple Energy is also preparing for an initial public offering in the second half of FY28.

Following the acquisition, Bluechip Capital’s clients and employees will move to Scripbox, ensuring uninterrupted services and operational continuity.

The round included IFC, Harsha Majety, and existing investors like Wipro Consumer Care Ventures, Titan Capital, Force Ventures, boAt founders.

Startup Funding Drops 85% This Week Amid Select Big Deals

FY26 was marked by an exceptionally challenging operating environment, which materially impacted our profitability, says Rahul Bhatia, MD, IndiGo

The Delhi High Court has held Google liable for trademark infringement in the Hindware case.

Agilitas was founded by former Puma India executives and focuses on building sportswear brands.

TDK Ventures participated in both the initial round and extension.

The Series B round was led by Vertex Ventures, with participation from International Finance Corporation (IFC), Titan Capital, Wipro Enterprises, and a group of angel investors.

The below brands have announced their latest funding rounds.

The capital infusion is intended to support the working capital needs of FinZ Finance and help scale its operations.

The proposed IPO will consist entirely of an offer for sale (OFS) of 7.44 million equity shares, with no fresh issue component.

In her new role, Bavi will focus on driving adoption of Anthropic’s AI assistant, Claude, among Indian startups and mid-sized businesses.

GetVantage has launched ‘DDx AI’, a due diligence platform to help fast track capital deployment for startups, founders, and MSMEs.

The initiatives include the SIDBI RRB Co-Lending Portal, SIDBI MachFin Mart, the MoRE (Modernisation of Rural Enterprises) programme, and a Credit Cards for Micro Enterprises scheme introduced by the Department of Financial Services.

The virtual event, scheduled for May 29, will feature startups across sectors including deeptech, AI, aerospace, climate tech, sustainability, defence, logistics and consumer brands.

The round also saw participation from Jamwant Ventures, 8X Ventures, and several high net-worth individual investors.

The fund targets Pre-Series A to Series B startups, investing USD 1–3 million each across consumer tech, fintech and deeptech sectors.

The early-stage investor has backed companies across sectors such as spacetech, semiconductors, biotech, medtech, robotics, advanced engineering and agritech.

The court found him guilty of repeatedly failing to comply with orders requiring disclosure of his assets since April 2024.

The initiative offers free product access, AI automation, onboarding support, growth assistance, plus community, membership hub, and partner benefits from AWS, GitHub, and Notion

Nandan Nilekani joins as anchor investor; Debraj Banerjee becomes GP to co-lead AI strategy

With this partnership, GIVA aims to further strengthen its positioning among aspirational young buyers in India.