The round was led by market investor Ashish Kacholia and Unicorn India Ventures, with participation from Roots Ventures, Caperize Fina, and MAIQ Growth Scheme.
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.
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 startup said the fresh capital will be used to expand its satellite constellation to six spacecraft and to scale real-time, in-orbit AI inferencing.
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, Probus aims to scale its smart grid communication tech, integrate AI into networking solutions, and expand dual communication modules for smart metering across multiple Indian states.
The Indian startups listed below have successfully raised capital to drive their growth and expansion plans, marking significant milestones in their respective industries.
The Indian startups listed below have successfully raised capital to drive their growth and expansion plans, marking significant milestones in their respective industries.