Explore the latest news, in-depth reports, and executive analysis tagged with #Venture Capital.
The round also saw participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC also invested in the startup.
The fund, registered with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund (AIF), has a target corpus of Rs 150 crore.
The funding round saw participation from its existing backers Pentathlon Ventures and AVNM Ventures.
The funding round is a combination of primary capital and secondary share transactions.
Singh said he plans to explore opportunities in agentic commerce as artificial intelligence reshapes the way consumers shop and interact with brands.
The round also saw participation from existing investor Omnivore, along with angel investors Chiranjeev Singh Saluja and Sudhir M Reddy.
Rengaswamy said he would remain a significant shareholder in Quona Capital and continue to support the firm.
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.
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.
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.
