Siddhant Saurabh

Kluisz.ai, led by former OYO senior executive Abhinav Sinha, has raised $9.6 million (INR 82.9 crore) in seed funding. The round was led by RTP Global and saw participation from Unicorn India Ventures, Blume Ventures Founders Fund, Climber Capital, and prominent angels. Founded in early 2025, Kluisz.ai is building an open-source, AI-native cloud platform to help enterprises deploy and manage AI and edge computing workloads. Check out the full funding details : https://lnkd.in/gjs3UKNB Team Kluisz Abhinav Sinha | Venkata Surya Tej | Vamshidhar Reddy | Abhijeet Singh | #oyoCOO #OYOemployee #AiStartups #SeedFunding #CloudStartups #FundingUpdates #startupro #startupUPdates

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🚨Inc42 Exclusive🚨 Maths-focussed mobile gaming platform Matiks has raised $3.14 Mn (about INR 27 Cr) in its pre-Series A round led by Tanglin Ventures. The round also saw participation from Info Edge Ventures and angel investors like boAt’s Aman Gupta, Unacademy’s Gaurav Munjal and Roman Saini, Scapia’s Anil Goteti, among others, Matiks cofounder Sudhanshu Bhatia told Inc42. The startup plans to use the capital to expand its team, ramp up marketing, expand product offerings, and enter new geographies, he added. Founded by Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur in September 2024, Matiks offers mobile games that allow users to test their mathematical skills. It also lets users compete against each other. Read the full article here- https://4-2.co/4lNf9l4 #Inc42 #news #Exclusive #gamingtech #esports #India #expansion #funding #investment #growth #startupnews #startup #businessnews

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Elevation Capital, known for backing Paytm, Swiggy, Meesho, and Urban Company, is launching a new $400M fund called Elevation Holdings. Unlike its usual early-stage focus, this fund will make long-term bets on 10–15 companies headed for public markets, with investments of $20M–$50M each. Co-managing partner Mukul Arora said the new fund will mainly back tech-driven companies in consumer and financial services. Read full article link in the commment 👇 Ravi Adusumalli | Mridul Arora | Vaas Bhaskar | Chirag Chadha | Mayank Khanduja | Krishna M. | Deepak Gaur | Ashray Iyengar | Manish Advani | Poorvi Vijay | Vishap Rana | Vaibhav Chowdhury | Ishwar Prasad #elevationcapital #funds #venturecapital #elevationholdings #ipo #startupnews

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KRAFTON Inc. seems to have already finalised its active acquisition and investment strategy in the country. For instance, it announced the launch of its second cohort in April to nurture six Indian game development startups by providing access to its tech tools and financial assistance, among others. Besides, it also acquired a controlling stake in Pune-based game development studio Nautilus Mobile with an additional investment of INR 118 Cr earlier this year. With more than 500 Mn digital gamers today, India’s $3.7 Bn gaming industry is estimated to reach $9.1 Bn by 2029, according to the India Gaming Report 2025.

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Bessemer Venture Partners has raised a $350M India Fund II, nearly 50% larger than its first India-focused fund 💰 With amazing partners leading the charge, Bessemer continues its two-decade journey of backing India’s breakout startups - from bigbasket to PharmEasy and now TransBnk - Transaction Banking Platform. The new capital is set to empower early-stage founders in AI, SaaS, fintech, health-tech, consumer, and cybersecurity signaling deep global confidence in India’s digital economy. Vishal Gupta Anant Vidur Puri Tushar Gupta Pankaj Mitra Sameer Dholakia #BreakIntoVC #VentureCapital #BessemerVenturePartners #GrowthCapital 

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Edtech unicorn PhysicsWallah has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering, according to a notification on the market regulator’s website. Backed by WestBridge Capital, with Lightspeed and GSV Ventures among its investors, PhysicsWallah filed its IPO papers under the pre‑filing route on March 19, enabling a confidential submission of its prospectus. The company plans to raise Rs 4,000 crore in fresh capital at an estimated valuation of Rs 35,000–Rs 40,000 crore. SEBI granted the approval on July 18. PhysicsWallah will be the first venture‑backed edtech firm to go public in India. Other new‑age companies lining up IPOs this year include Meesho, Groww, Lenskart and Pine Labs. Read the full story here:👇 https://lnkd.in/dh8hx7BY #pw #alakhpandey #physicswallah #startup #indianstartupnews

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🚀 Bengaluru & California-based Aurva has exited stealth with a $2.2 Mn seed round led by Nexus Venture Partners, with participation from DeVC and tech leaders (incl. ex-Meta execs & founders of Postman & Cyware). 👨‍💻 Founded by ex-Meta engineers Apurv Garg, Krishna Bagadia & Akash Mandal, Aurva is building an AI-driven, identity-based data security platform that provides real-time monitoring of enterprise data access. 📊 Already monitoring billions of queries & transactions daily for leading clients like Razorpay & Meesho across Fintech, SaaS Labs & banking. 💡 The fresh funds will power: 🔹 Expansion of sales, security & R&D teams 🔹 Further development of its AI observability platform 👉 Aurva is setting the stage to redefine data observability & access monitoring for enterprises worldwide. 💻Visit Our Website for More Details: https://scoopearth.in/👇 🎯To publish startup news, stories, funding updates, and business news, reach us at: 👉info@scoopearth.in 👉support@scoopearth.com #DataSecurity #AI #EnterpriseTech #Funding #Aurva #StartupIndia #startupUpdates #Startups #Innovation #IndiaEconomy #viralpost #scoopearth #scoopearth.in

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Elevation Capital, the firm that invested in Paytm, Swiggy, Meesho, and Urban Company, is starting a new $400 million fund called Elevation Holdings. Unlike their usual focus on early-stage startups, this fund will invest $20–50 million each in 10–15 companies that are preparing to go public. This comes at a time when private funding in India is slowing down, so many startups are looking at the stock market to grow and raise money. Ravi Adusumalli | Mridul Arora | Vaas Bhaskar | Chirag Chadha | Mayank Khanduja | Krishna M.| Deepak Gaur | Ashray Iyengar | Manish Advani | Poorvi Vijay | Vishap Rana | Vaibhav Chowdhury | Ishwar Prasad 🔗 Read full article link in comment #elevationcapital #funds #venturecapital #elevationholdings #ipo #startupnews #businessupdate

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Bengaluru-based startup BQP has raised an oversubscribed $4.9 million seed round, pushing its total funding to $6.6 million. The round was led by Monta Vista Capital, with participation from New York Ventures, Arc Ventures, Armory Square Ventures, Emergent Ventures, and existing backers like Paradigm Shift Capital and Griffiss Institute. The funds will fuel the expansion of BQP’s flagship platform, BQPhy, which targets mission-critical sectors including aerospace, defence, and semiconductors. This milestone comes on the heels of BQP’s pilot agreement with the Air Force Research Laboratory’s (AFRL) Aerospace Systems Directorate under a CRADA, aimed at developing quantum-accelerated simulation tools. Founder and CEO Abhishek Chopra emphasized the real-world impact, stating, “The traction we’re experiencing from AFRL/RQ and industry-leading design partners validates the immediate impact and substantial ROI our platform delivers today.” BQPhy is built for hybrid computing systems, leveraging CPUs, GPUs, and quantum machines. The current platform offers a 10x speed boost using quantum-inspired solvers, while the upcoming quantum-native versions aim to scale up to 1000x on future quantum hardware. Roger Krakoff of Monta Vista Capital highlighted the market potential, saying, “BQP directly tackles critical bottlenecks in the rapidly evolving $22 billion simulation industry.” BQP is also working closely with top-tier partners, including India’s Ministry of Heavy Industries, ABB, and a tier-1 aerospace manufacturer. On the quantum front, it’s collaborating with Intel, IBM, Classiq, and Strangeworks. The startup is set to showcase its advancements at AIAA Aviation in Las Vegas and ASME Fluids Engineering this July. Abhishek Chopra | Rut Lineswala | Jash Minocha |Aditya Singh

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Gamdom now supports UPI for Indian players! 🇮🇳 We’re excited to announce that Indian players can now deposit and withdraw in INR using UPI - powered by Google Pay, PhonePe, or Paytm. 🚀 No crypto, no conversions, no extra setup - just fast, secure, and seamless transactions directly through the apps you already use. 💚 Read more about this new feature here: 🔗https://lnkd.in/dDNK7ZA6

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Heizen, an AI-native software delivery startup founded by Aman Arora, Abhilasha Singh, and Nijansh V., has secured $500,000 in pre-seed funding led by Titan Capital, with participation from Varun Alagh (Mamaearth) and Abhishek Goyal (Tracxn). This funding will fuel the expansion of their engineering team in India and customer acquisition in the U.S. The company utilizes a multi-agent software delivery platform, blending LLM-powered AI agents with human engineers to accelerate the development of AI products and MVPs. Heizen has onboarded over 50 clients, achieving 20% MoM growth. #AISoftware #Funding #Heizen #DeccanFounders #Mamaearth ##Tracxn

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Vutto, the startup reimagining how Indians buy and sell used two-wheelers, has raised $7 million in a Series A round led by RTP Global, with Blume Ventures also participating. Founded in 2024 by Rohit Khurana and Sitaram Ankilla, Vutto offers a full-stack phygital platform where customers can explore certified inventory online, test ride at showrooms, and take home vehicles with six-month warranties, free services, and complete paperwork support. The fresh capital will bolster Vutto’s supply chain, in-house refurbishment, and customer experience, setting the stage for rapid expansion across NCR and beyond. The founders aim to replicate their profitable first store at scale, unlocking India’s underserved two-wheeler re-commerce market. #vutto #seriesafunding #recommerce #usedtwowheelers #startupfunding #entrepreneurindia #phygitalexperience #twowheelerstartups #refurbishedvehicles #fintech #ecommerceindia #startupgrowth #fundraiseannouncement #vcindia #rtpglobal #blumeventures #automotivetech #indianstartups #customerexperience #mobilitysolutions

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💰💰Fintech startup Ignosis raises $4 million in a round led by Peak XV Partners’ Surge programme. 👉Force Ventures, Razorpay Ventures, Cred founder Kunal Shah, and other investors also participated. 👉The new funds will be used to scale engineering, business, and compliance teams. 👉Ignosis is part of the 11th cohort of the Peak XV Surge programme. ✍️: Ajay Rag Read more⬇️https://lnkd.in/dEA5JDvh

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🚨 Ecommerce startup CityMall grabs $47M funding led by Accel. Gurugram-based ecommerce startup CityMall has raised $47M in its Series D round, with participation from WaterBridge Ventures, CitiusTech, General Catalyst, Elevation Capital, Norwest, and Jungle Ventures. The startup, focused on Tier II, III, and IV towns, plans to expand into new markets, strengthen its supply chain, and invest in private labels and brand partnerships. Founded in 2019, CityMall now serves 60+ cities and has raised a total of $165M to date. Read more: https://lnkd.in/dR5sCkqB By Trisha Medhi #Ecommerce #StartupFunding #CityMall #Accel

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IGNOSIS, India’s leading enterprise-first Account Aggregator (AA) infrastructure and financial data intelligence platform, has raised $4 million in a Pre-Series A round led by Peak XV’s Surge, with participation from Force Ventures, Razorpay Ventures, Cred’s Kunal Shah, and other existing investors. Founded in 2022 and headquartered in Ahmedabad, Ignosis is tackling systemic challenges in India’s financial ecosystem, where over 160 million consumers remain credit underserved and nearly 80% of MSMEs lack access to formal credit. By leveraging the RBI’s Account Aggregator framework, Ignosis enables financial institutions to underwrite, advise, and serve customers with confidence, driving the next wave of financial inclusion. Co-founder & CEO Nirav Prajapati highlighted that AA is set to become the default rails for secure, consent-driven financial data sharing, just as UPI became the rails for digital payments. Co-founder & CTO Chintan Sheth added that Ignosis is using AI-powered financial data intelligence to move BFSI beyond legacy bank statement analytics, enabling accurate income detection, risk underwriting, fraud detection, and hyper-personalised services. The fresh capital will fuel growth in engineering, compliance, and AI innovation, including the development of finance-specific LLMs and agentic AI use cases. #Ignosis #AccountAggregator #FinancialDataIntelligence #BFSIInnovation #FintechIndia #FinancialInclusion #AIinFinance #DigitalLending #FintechEcosystem #StartupFunding

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IIT-Madras’ Muse Wearables partners with NPCI to launch India’s first wearable payments ecosystem, powered by Muse Wallet and RuPay. Users can now make instant, secure payments by tapping their “Ring One” on NFC terminals — no phone or card needed! Read here: https://newsth.live/DC7M3R - Sangeetha Kandavel writes Indian Institute of Technology, Madras

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