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The fund plans to invest in around 15–20 startups, with initial cheque sizes in the range of INR 6–8 crore, while setting aside capital for follow-on rounds.

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The fresh funds will be used to develop greenfield solar projects, hybrid wind-solar assets, behind-the-meter installations, battery storage solutions, and interstate transmission projects across industrial states.

Existing backers Z47 and Accel India led the Series A funding round.

The round also saw participation from Nippon India Alternative Investments, Titan Capital Winners Fund, and existing investors Fireside Ventures, RPSG Capital Ventures, Sauce VC and Saama Capital.

The round also saw participation from SMBC Asia Rising Fund, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation (SMBC), one of Japan's largest banking groups.

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This distinction is important because both cards solve different problems within the healthcare system.

The round also saw participation from Galentic Pharma, investor Ashish Kacholia, Noblevast Advisory, Avinya Fund, and the Burman Family, among others.

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Early-stage investments dominated funding activity, even as seed and late-stage rounds softened, while retail, fintech, and enterprise applications remained the leading sectors.

The new plant represents Mitsubishi Electric India's second manufacturing facility in the country within two years, following the commissioning of its Factory Automation Systems plant in Pune in 2023.

The initiative is aimed at building a dedicated ecosystem for quantum research, innovation, talent development and collaboration between industry, academia and government.

The phased investment may create up to 800 MW data centre capacity, strengthening its position in India's digital infrastructure while supporting enterprise digitisation, scientific research, and national digital and security needs.

The investment will be directed towards strategic hiring, product development and AI-led innovation across the logistics value chain.

The fund plans to invest in over 25 deep tech startups, deploying initial cheques of INR 8–10 crore across sectors including robotics, space technology, defence, semiconductors and medical tech.

Fractal Analytics allotted 1.38 crore shares at INR 900 each to 52 anchor investors, including mutual funds, insurers and global institutions, with domestic mutual funds receiving about 38% of the allocation.

The week's top-funded startups included Drivn, The Whole Truth, Digantara, Varaha, ZILO, and Material Depot, spanning mobility, food, spacetech, climate, quick commerce, and home interiors.

The acquisition aligns with JetSynthesys' broader strategy to expand its presence across international markets while strengthening its gaming ecosystem.

India's healthcare provider market, valued at roughly USD 54 billion, has traditionally been dominated by multi-specialty hospitals catering to complex and acute care.

Navam Capital led the seed round, while BYT Capital also participated.