The round also included participation from SE Ventures Energy, the investment arm of Schneider Electric, and Singapore based, India focused fund Riverwalk Holdings.
Several major investors including SoftBank, Nexus Venture Partners and Foxconn will sell shares in the offer for sale, while co founders Kunal Bahl and Rohit Bansal will retain their entire 34.63 percent stake.
The fund will target companies working in AI, enterprise software, consumer technology and financial technology at inception, seed and Series A stages.
The California-based startup plans to use the new capital to expand its technical team, accelerate its market reach, and scale deployments with major global enterprises.
The startup plans to establish three global security operations centers in Bengaluru, Mumbai, and Delhi to strengthen its AI-driven threat detection, incident response, and managed security services.
The AI platform aims to deploy the funds into tripling its engineering and AI research team in Bengaluru, expanding into automated report generation and voice-based research, and integrating with research tools such as Decipher, SPSS and Confirmit.
Northpoint Capital will focus on early-stage investments, aiming to back between 15 and 20 startups with initial investments ranging from USD 1 million to USD 8 million.
Since its inception in 2023, Neysa has launched three flagship products—Neysa Velocis (AI Acceleration Cloud System), Neysa Overwatch (observability and monitoring), and Neysa Aegis (security and governance for AI workloads).
The funding will be used to scale teams in Bengaluru and London, and to further develop Zango's AI-native Governance, Risk, and Compliance (GRC) product suite.
As it scales, Slikk will diversify into categories such as beauty and personal care (BPC), footwear, accessories and wearables, while extending its presence across key metros.
The round also saw participation from Huddle, Campus Fund, Blume Founders Fund, and angel investors including Nitin Sharma (Nexus Venture Partners) and Sameer Brij Verma (Northpoint Capital).
The company plans to channel the funds toward scaling its operations, launching adjacent service lines, and expanding into new global markets. A significant portion will also be invested in R&D for AI-powered solutions focused on financial reporting and risk management.
The fresh funds will be used to expand clinics, invest in AI-driven healthcare, and enhance patient engagement, strengthening its hybrid model that integrates physical clinics, AI-powered treatments, and expert-led care.
The Palo Alto and Pune-based startup has officially emerged from stealth, making its AI governance solution widely available across sectors including technology, finance, and healthcare.
The fresh capital infusion will be used to accelerate CAPGRID's global expansion, enhance its AI-driven supply chain visibility and traceability solutions, and strengthen its network of MSME manufacturing partners.
The fresh funds will be deployed to expand its AI solutions, enhance the Zunō platform, grow implementation teams, and scale market strategies across manufacturing, healthcare, finance, and technology sectors.
The round was led by Elevation Capital with participation from Nexus Venture Partners and prominent angels, including Vidit Aatrey, Sanjeev Barnwal, Gaurav Munjal, and Niraj Singh.
The raised funding will drive product innovation, expanding global investment tools, AI-powered university counseling, and cross-border payments to empower families in securing their children's futures effectively.
This week, several startups have attracted significant funding, advancing healthcare, AI, dairy-tech, fitness, and security. Here's a closer look at the companies that led the charge in funding from October 19 to October 25.
The new funding will drive product innovation and enterprise growth, enhancing service-specific AI solutions while deepening integration into CRM, chat, and service workflows for improved efficiency.
Nexus Venture Partners sold 64 lakh ISFC shares via two bulk deals on BSE, fetching INR 481.95 crore at prices between INR 752.35 and INR 753.27 per share.