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Coratia previously raised Rs 17 crore in a Pre-Series A funding round in 2025 from MGF Kavachh, Piper and SIDBI.
Ten years after the launch of SIDBI's Fund of Funds, it is time to examine how the institution evolved alongside India's startup ecosystem.
This comes after the the Union Cabinet had approved the Startup India Fund of Funds 2.0 earlier in February.
Limited Partners (LPs), or investors in the fund include government entities such as the Fund of Funds for Startups managed by SIDBI.
PhonePe partners with SIDBI to facilitate credit access to micro merchants through digital lending solutions integrated with Udyam Assist platform.
The Bengaluru-based startup will use the fresh capital to boost its R&D in multi-agent autonomy and vision-based navigation.
