Series A funding

Optimistic Capital's INR 200 crore fund has invested INR 30 crore so far, with the remaining INR 170 crore planned for deployment over three years in brewing, bottling and kegging.

The Series A funding round was led by Saama Capital, with participation from existing investor Zeropearl VC.

The Series A round was led by Fundamentum, with LB Investment, Lightspeed Venture Partners, and BEENEXT participating.

Lightspeed and Z47 also participated in the round.

The company said the fresh capital will be used to expand its fleet and scale business operations.

The fresh capital will be used to strengthen product development, particularly around autonomous finance capabilities, and to expand the company's presence across Asia-Pacific, North America, and the Middle East.

The Mumbai-based company aims to use the fresh funds to enhance its AI-based offerings, including risk assessment, credit underwriting, fraud detection, portfolio tracking and debt recovery, while expanding into the Middle East and Asia-Pacific markets.

The newly raised capital will be deployed to scale Magma's operations across Gujarat, Maharashtra, Karnataka, Rajasthan, and Telangana.

The fresh funds will be deployed to expand manufacturing, increase production, strengthen capabilities, launch new product categories, and grow distribution across India.

The round was led by Bessemer Venture Partners, with Fireside Ventures and angels Navin Parwal, Sangeet Agarwal and Arjun Purkayastha, alongside backers Shantanu Deshpande and Rohit Kapoor.

The funding will support the company's plans to launch India's first privately developed L band Synthetic Aperture Radar satellite by 2026.

The round also included participation from SE Ventures Energy, the investment arm of Schneider Electric, and Singapore based, India focused fund Riverwalk Holdings.

The Bengaluru-based company said the fresh capital will support its plans to expand local collection capabilities in more than 20 countries, strengthen card and compliance infrastructure and secure additional international licences.

The investment was led by Fireside Ventures and Genesia Ventures, along with participation from Roots Ventures, TDV Partners and other existing backers.

The new funding will boost 3ev's manufacturing capacity, enable the launch of its 3C division, and accelerate work on supply chain integration and research in regenerative braking, advanced materials, and solar based cold chain EV technology.

The fresh funds will be used to scale manufacturing of RoboTome and MorphoLens, expand global market reach, strengthen regulatory approvals, grow the engineering and research teams, and advance intellectual property and physical AI capabilities.

The Series A round was led by Astanor, with participation from existing backers Info Edge and Omnivore.

The investment was led by 12 Flags Group and Enzia Ventures and also facilitated an exit for some early backers.

The round concluded with an additional USD 4 million investment from the Roha Family Office.

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 round also saw participation from Accenture, Firstsource, Plug and Play Tech Center, GFT Ventures, BGV, and PFNYC.