Delhi NCR's tech funding rose to USD 2.4 billion in 2025 as strong late stage deals, rapid auto tech growth, major funding rounds, IPO activity, and acquisitions strengthened the region's lead.
The fresh capital will support the company's national expansion, particularly scaling operations in Delhi, leasing electric vehicles, and enhancing product offerings.
The Bengaluru-based company plans to deploy the funds to expand its team, upgrade its technology infrastructure, and enter new verticals including civil construction and home renovation.
The global digital transformation market is projected to reach $1.5 trillion by 2025, with India's SaaS sector experiencing significant growth driven by SME adoption.
COOX aims to use the new funds to expand from 20 to 40 cities, enhance marketing efforts, and integrate AI technology to improve operational efficiency and scalability.
The funding will be used to fuel growth and go-to-market (GTM) initiatives, enhance its marketing and sales teams, establish an advanced R&D facility, and expand in-house manufacturing capabilities.