Series A funding | Page 2

The round was led by Tanglin Venture Partners with participation from existing investors India Quotient, DeVC and others.

The fresh funding will be channelled towards scaling its flagship products, BioCanvas and Prism AI.

Fireside Ventures, Whiteboard Capital, and MG Investments also participated in the round.

The Series A round was led by RTP Global, with participation from existing investor Blume Ventures.

The Series A funding round was led by Zoho Corporation with participation from existing investor Unicorn India Ventures.

Blume Ventures, Z47, and Alpha Wave also participated in the round.

Palmonas aims to open 100 new stores in the next 12 months.

The round also saw participation from Capria Ventures and Twynam.

The Series A funding round was led by ICONIQ, with participation from USVP, MongoDB Ventures and Sandberg Bernthal Venture Partners.

The round also drew participation from India Quotient, Sinarmas Group, and other investors.

The Hyderabad-based startup plans to use the capital to expand its global presence, enhance product capabilities, and strengthen integration across human resource technology ecosystems.

The funding round was led by Elevation Capital, with additional participation from existing investor General Catalyst.

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.

Other participants in the round include Caret Capital, ThinKuvate, Ev2 Ventures, Barbershop With Shantanu, SailThru Ventures, and Ah Ventures Fund.

The funds will be directed toward advancing research and development, scaling manufacturing, strengthening marketing strategies, and launching four system-on-chip variants equipped with artificial intelligence and video analytics capabilities.

With the fresh funds, Enlite aims to expand into global markets, enhance its Indian presence, boost edge AI and telemetry, and scale teams to support growth across commercial, public, and government infrastructure sectors.

Existing backers Elevation Capital and Together Fund also participated in the round, along with several notable angel investors. These include Gokul Rajaram, Rubrik cofounder Soham Mazumdar, Dharmesh Shah of HubSpot, and Guillermo Rauch of Vercel.

The newly raised funds will be used to enhance EduFund's AI-powered advisory system, expand its loan offerings for undergraduate students, and increase its presence in tier II and tier III cities across India.

The funds will primarily be used to scale up the company's manufacturing capacity, while also expanding its leadership team and strengthening its client-facing engineering and R&D divisions.

The funds will be deployed to deepen Rabitat's partnerships with Indian manufacturers, roll out new product lines, and strengthen brand trust among modern Indian parents.