Explore the latest news, in-depth reports, and executive analysis tagged with #Venture Capital.
Coratia previously raised Rs 17 crore in a Pre-Series A funding round in 2025 from MGF Kavachh, Piper and SIDBI.
The company has also received Rs 53.75 lakh in grants from SIPCOT, MeitY Startup Hub, NIDHI PRAYAS, IIT Madras Research Park’s RTBI programme and Cummins CSR.
The startup also announced a joint venture with Japan-listed Globalway Inc. to expand into Japan’s enterprise market.
Simplismart will use the funds to expand in the US, grow its team and develop its AI inference software to optimise GPU usage and reduce computing costs.
The funding round also saw participation from Coinbase Ventures and Zero Knowledge Ventures, among others.
Weh Ventures, which marked the first close of its third fund, plans to step up investments in robotics; and is currently looking at three broad themes spanning AI, deep tech and consumer brands.
In a separate filing, Ola Electric said Motilal Oswal Financial Services and Calliope Capital Advisors had applied for a combined 2.39 crore shares under the rights issue.
The round also saw participation from Equirus InnovateX Fund and angel investors.
The round also saw participation from WYSER, CDM Capital and Seedstars.
Z47's fintech portfolio has seen mixed outcomes, with some companies struggling for traction, reflecting the ecosystem's "middle journey" as described in its report.
Chiratae Ventures' exit from PB Fintech is only one of a handful of full or partial exits from its fintech portfolio, fewer than those executed by other VC firms.
Fairfax has also proposed bringing its interests in Go Digit Life Insurance, Go Digit General Insurance and IIFL Capital Services under IDBI Bank.
The round also included participation from IPV, LetsVenture, Launch Capital, AVNM Ventures and Navyug Global Ventures.
The Bengaluru-based startup will use the fresh capital to advance Mission Synapse, a 12-month programme to demonstrate its satellite connectivity, in-orbit computing and power technologies.
The other selected fund managers include Kalaari Capital, Speciale Invest, IvyCap Ventures, Ideaspring Capital and TVS Capital Funds.
The fund is targeting a total corpus of Rs 1,500 crore, including a green-shoe option, with NABARD as its anchor investor.
The funding round also saw participation from existing investor Invention Engine.
The startup will use the fresh capital to expand its wealth and investment teams, strengthen its technology platform and build its investor education ecosystem.
The funding round also saw participation from a group of angel investors.
The fledgling proprietary components business, stiff competition in its core fan business, dependence on imports and continued losses could put greater scrutiny on the valuation Atomberg seeks through the IPO.
