Rize Raises $31M Series B Led by BNP Paribas AM Alts to Scale Sustainable Rice Farming Across Asia
Singapore-headquartered agritech startup Rize has closed a $31M Series B round led by BNP Paribas Asset Management Alts to expand its low-emission rice farming platform across Southeast Asia. The round comprises $20M in equity and $11M in debt, bringing the company's total funding to $47M.
Scimplify Set to Raise ₹181 Crore Series C Led by Hitachi Ventures at Over 2X Valuation Jump
Bengaluru-based specialty chemicals startup Scimplify is set to raise ₹181 crore in a Series C round led by Hitachi Ventures, marking a valuation jump of over 2X from its previous round. Existing backers 3one4 Capital, Accel India, Omnivore Capital, and Bertelsmann Nederland are also participating.
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Biocon: Mylan/Viatris Exits ₹3,481 Cr Stake via Secondary Sale Block Deal
Viatris subsidiary Mylan has launched a ₹3,481 crore (approximately $363 million) block deal to fully exit its 5.64% stake in Bengaluru-based biopharmaceutical company Biocon. The secondary sale, announced on 13 July 2026, was executed with Citigroup Global Markets India and Jefferies India acting as joint bookrunners.
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Dhruva Space Bags ₹60 Cr Bridge Round from Antariksh Venture Capital Fund in Landmark Maiden Investment
Hyderabad-based Dhruva Space has secured ₹60 crore in a Bridge Round from the Antariksh Venture Capital Fund (AVCF), the government-backed fund's first-ever investment. The deal takes the company's ongoing pre-Series B round to ₹275 crore in total capital raised.
sortmyprep Raises $350K Pre-Seed From Indian and Global Angel Investors
AI-powered edtech startup sortmyprep has closed a $350,000 pre-seed round backed by a group of Indian and global angel investors, including Boman Irani and Sameer Mehta. The capital will go towards strengthening the company's vertical AI infrastructure, expanding curriculum coverage, and accelerating growth in India and international markets.
Zetwerk Receives SEBI Approval for IPO Targeting Up to ₹4,200 Crore
Zetwerk Manufacturing Business Ltd has received SEBI's approval to proceed with its IPO, targeting a fundraise of up to ₹4,200 crore through a combination of fresh equity shares and an offer for sale by existing shareholders. The Bengaluru-based B2B contract manufacturing platform, founded in 2018, now moves closer to its public market debut.
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OneCard (FPL Technologies) Raises Rs 72 Cr in Fresh Series D Tranche Led by Peak XV Partners
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Pune-based OneCard (FPL Technologies) is raising Rs 72 crore in a fresh Series D tranche led by Peak XV Partners, with participation from Z47, Hummingbird Ventures, and a cohort of angel investors, as publicly reported on 13 July 2026. This latest close is part of the company's ongoing Series D round and adds to a substantial equity funding history for the mobile-first credit card platform.
thumpN Raises $3.75 Mn Pre-Seed Led by VSS Investco, Arijit Singh & Bollywood Artists
Mumbai-based thumpN has closed a $3.75 Mn pre-seed round led by VSS Investco, the family office of Paytm founder Vijay Shekhar Sharma, with music artists Arijit Singh, Sunidhi Chauhan, and Badshah also joining the cap table. The AI-native live entertainment discovery and ticketing platform officially launched on 6 July 2026.
BlackSoil Acquires Credit Fair’s Solar Financing Business to Enter Renewable Energy Lending
BlackSoil, the Mumbai-based alternative credit platform, has acquired the solar financing business of Credit Fair in an undisclosed deal, marking its formal entry into India's renewable energy lending sector. The transaction, subject to regulatory approvals, transfers Credit Fair's management team, technology platform, brand, and ₹152.6 crore AUM to BlackSoil.
Airties Acquires Bengaluru AI Broadband Startup Aprecomm to Expand in Emerging Markets
Global AI connectivity software leader Airties has entered into a definitive agreement to acquire Bengaluru-based broadband software startup Aprecomm in a deal aimed at accelerating expansion into high-growth emerging markets. Financial terms were not disclosed.
Nurix AI Acquires Verloop.io in Conversational AI Consolidation Move
Nurix AI has acquired Bengaluru-based conversational AI startup Verloop.io for an undisclosed sum, combining voice and chat AI capabilities into a unified enterprise platform. The deal was announced on 9 July 2026.
SAVE Microfinance Raises ₹40 Cr Venture Debt from Indian Overseas Bank & Northern Arc Capital
New Delhi-based SAVE Microfinance has raised ₹40 crore in venture debt from Indian Overseas Bank and Northern Arc Capital to scale its microfinance operations. The round will strengthen the company's lending capacity and deepen outreach to underserved communities across India.
EV Mobility Platform Milo Drive Raises $2.4 Mn Seed Round Led by Caret Capital
Gurugram-based EV mobility platform Milo Drive has raised $2.4 Mn in a Seed round led by Caret Capital, with participation from Antler India, Alteria Capital, IAN Capital, Climate Angels, and Aureolis Capital. The funds will support EV adoption and formalise employment opportunities for India's driver workforce.
eNLife Research Raises ₹6 Cr Seed Round Led by Piper Serica VC Fund for AI-Based Alzheimer’s Detection
Bengaluru-based deeptech startup eNLife Research has raised ₹6 crore in a seed round led by Piper Serica VC Fund to develop an AI-powered blood biomarker platform for early detection of Alzheimer's disease. The capital will fund R&D expansion, clinical validation, and a push to make neurodegenerative diagnostics affordable across India.
Nazara Technologies Gets NCLT Nod to Withdraw Paper Boat Apps Merger; Subsidiary Remains Wholly Owned
Nazara Technologies has received NCLT approval to formally withdraw its Scheme of Amalgamation with wholly owned subsidiary Paper Boat Apps Private Limited, ending a planned full integration. Paper Boat Apps continues to operate as a wholly owned subsidiary of Nazara, with no change in ownership structure.
Unacademy Acquired by upGrad Education in ₹2,055 Cr All-Stock Deal After CCI Approval
The Competition Commission of India has approved upGrad Education's acquisition of Unacademy parent Sorting Hat Technologies in a ₹2,055 crore all-stock deal — one of the largest consolidation moves in India's edtech sector. The transaction, structured as a 100% share-swap, will see Sorting Hat Technologies merge into upGrad Education.
Hydron Raises ₹20 Cr in Growth Round and Acquires Zoss Water to Build India’s Functional Hydration Category
Bengaluru-based functional hydration startup Hydron has closed a ₹20 Cr Growth Round and simultaneously acquired alkaline ionised water company Zoss Water, gaining 100% ownership to accelerate its position in India's preventive healthcare and functional hydration market.
Info Edge Acquires Remaining 45.36% Stake in Coding Ninjas for ₹39.91 Cr, Making It a Wholly Owned Subsidiary
Info Edge (India) has approved the acquisition of the remaining 45.36% stake in edtech platform Coding Ninjas for ₹39.91 Cr in an all-cash deal, making it a wholly owned subsidiary. The board approved the transaction on July 6, 2026, with the deal expected to close within 45 days.
