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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Apna Mart to Raise ₹120 Cr Series C Co-Led by Accel India and Fundamentum
Gurugram-based franchise-driven omnichannel grocery startup Apna Mart is set to raise ₹120 crore (~$12.7 million) in a Series C round co-led by existing investors Accel India and Fundamentum, with participation from Peak XV Partners. The capital will be deployed toward capital expenditure, working capital requirements, and general corporate purposes.
The Indus Valley Raises $17M Series B Led by Gaja Capital to Scale Toxin-Free Cookware
Chennai-based D2C kitchenware brand The Indus Valley has raised $17 million in a Series B round led by Gaja Capital, with participation from existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels. The fresh capital will drive product innovation, omnichannel distribution, and brand building.
Ananta Capital Acquires Majority Stake in D2C Personal Care Brand Phitku for ~₹100 Cr
Mumbai-based private equity firm Ananta Capital has acquired a majority stake in D2C personal care brand Phitku in a deal reported at ~₹100 crore. The transaction marks Phitku's first-ever institutional funding, just 14 months after its launch.
Fibe (Social Worth Technologies) Files DRHP With SEBI to Raise ₹750 Cr via Fresh Issue IPO
Pune-based digital lending platform Fibe (Social Worth Technologies) has filed its Draft Red Herring Prospectus with SEBI for an IPO comprising a ₹750 crore fresh issue and an Offer for Sale of over 4 crore shares by existing shareholders. The DRHP was filed on 29 June 2026, with details becoming public on 30 June 2026.
The Capitalist Ventures Raises ₹10 Cr Seed Round from M Sriram and Angel Investors for India’s Luxury Commerce Platform
The Capitalist Ventures, a Hyderabad-based luxury concierge and culture-commerce startup, has raised ₹10 crore in a seed round from M Sriram and other angel investors. The capital will be deployed to expand its luxury product portfolio, accelerate customer acquisition, and strengthen operations.
Noon Acquires Bengaluru AI Startup FinalRun; Co-Founders Join as Members of Technical Staff
U.S.-based AI-native product design platform Noon has acquired Bengaluru-based mobile test automation startup FinalRun in a deal announced on 30 June 2026. Financial terms were not disclosed, and FinalRun co-founders Arnold Laishram and Ashish Yadav join Noon as Members of Technical Staff.
Incuspaze Raises Rs 150 Cr in Pre-IPO Round Led by Bharat Value Fund
New Delhi-based co-working platform Incuspaze has secured Rs 150 Cr (~$18M) in a Pre-IPO growth round led by Bharat Value Fund, marking what is publicly reported as the largest co-working funding round in India so far in 2026.
Rusk Media Raises Rs 100 Cr in Pre-Series C Round Led by Nazara Technologies
New Delhi-based Rusk Media has raised Rs 100 Cr (~$12M) in a Pre-Series C round led by Nazara Technologies, with Yash Raj Films joining as a strategic investor — signalling a notable convergence of gaming, legacy entertainment, and digital micro-content.
Mykare Raises $3.2M Seed Round to Scale AI and Voice Platform for Clinics
Mykare has closed a $3.2M seed round, including a $1M top-up on June 29, 2026, backed by Papa.com co-founders Andrew Parker and Alfredo Vaamonde, to scale its agentic AI and voice platform for clinics and hospitals across India, the US, the UK, and the Middle East.
The Func. Lab Raises $1.5M Seed Round Backed by Godrej and Piramal Angels
The Func. Lab, an India-based D2C nutrition and wellness startup, has raised $1.5 million in a seed round from a group of high-profile angel investors including members of the Godrej and Piramal families, as publicly reported on June 29, 2026.
Lytmus AI Raises Rs 5 Cr in Pre-Seed Round Led by Boundless Ventures to Power AI-Native NEET Prep
Bengaluru-based AI edtech startup Lytmus AI has secured Rs 5 Cr (~$600K) in a pre-seed funding round led by Boundless Ventures, aimed at scaling its AI-native platform for NEET competitive exam preparation in India.
Clairva Raises $500,000 in Pre-Seed Round Led by Venture Catalysts to Build Licensed AI Data Infrastructure
Clairva, an AI data infrastructure startup headquartered in India and Singapore, has raised $500,000 in a pre-seed round led by Venture Catalysts, with capital earmarked to scale licensed dataset supply chains for AI foundation models and robotics.
