Explore the latest news, in-depth reports, and executive analysis tagged with #Funding.
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.
The round also saw participation from Equirus InnovateX Fund and angel investors.
The round also saw participation from WYSER, CDM Capital and Seedstars.
The round also saw participation from Premji Invest and existing investors Peak XV Partners, GV and Y Combinator.
The startup will use the fresh capital to expand its global team of AI specialists and engineers, invest in proprietary technology and AI-native delivery capabilities, among others.
The approvals follow the company's board clearance on September 17 and shareholder approval at an extraordinary general meeting on October 14.
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.
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.
Prior to this funding round, RevRag AI had secured $600,000 in a pre-seed round led by Powerhouse Ventures in August 2024.
The other selected fund managers include Kalaari Capital, Speciale Invest, IvyCap Ventures, Ideaspring Capital and TVS Capital Funds.
It has also raised its hard cap to Rs 3,500 crore following strong investor demand.
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 Stargazer.
