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Meta described the models as its most capable AI models to date, designed to handle complex tasks for personal and professional use.
The company, however, added that it remained adjusted EBITDA positive at Rs 33 crore, excluding non-cash ESOP costs.
Existing investors Z47 and Lok Capital participated in the round along with Norinchukin Capital and Alteria Capital.
AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
The Bengaluru-based startup will use the fresh capital to strengthen its technology and product capabilities and expand its experience supply across existing markets.
The funding round also saw participation from existing investors Accel, S32 (Section 32), Prosus Ventures, Hitachi Ventures and Wipro Ventures.
The funding round saw participation from DeVC, Peercheque and Kunal Shah.
Unimech Aerospace and Manufacturing participated in the funding round.
The association plans to expand India’s angel investor base from around 1 lakh currently to 1 million.
NPCI’s surplus (profit) declined 32% to Rs 991 crore in FY26 from Rs 1,461 crore in the previous fiscal.
The round also saw participation from Baring Private Equity India, Saison Capital Pte. Ltd. and UNLEASH, along with other investors.
The approval marks another step in Zerodha’s strategy to diversify its business outside core stock broking.
PayGlocal said that the FinCEN registration will help it build the compliance, banking and payments infrastructure needed to support its US operations.
The Bengaluru-based fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option.
The shares were picked up by a clutch of institutional investors, including Integrated Core Strategies (Asia), Singularity Large Value Fund III and F3 Advisors.
The funding round also saw participation from existing investors Together Fund and Array VC.
The company also plans to continue hiring senior bankers and investment specialists as it scales the new platform.
The funding round saw participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures.
