Browsing: Startup

Conversational automation platform Uniphore has raised $260 million in its Series F funding round from NVIDIA, AMD, Snowflake, and Databricks, along with existing investors NEA and March Capital.

The Mumbai-based startup claims their forecasts are 30 per cent more accurate and that their platform can integrate with more than 700 sources of data.

Edtech company Vedantu has raised $11 million in fresh funding from internal investors as part of a larger ongoing round led by ABC World Asia with participation from Accel India and Omidyar.

Simple Energy on Thursday raised $10 million in a bridge round led by existing investor Dr Arokiaswamy Velumani, Founder of Thyrocare’s Family Office.

Internet of Things (IoT) communications startup Comminent currently focuses on the smart metering segment, and plans to expand into large-scale deployments such as smart street lighting and water metering, founder Amarjeet Kumar told ET. It is targeting revenue of around Rs 300 crore over the next three years.

Bengaluru-based Neuralzome Cybernetic raises $2.4M pre-seed funding to scale its Robot-as-a-Service platform, aiming to make autonomous robotics accessible across sectors like agriculture and manufacturing.

“This funding from Elevation Capital and General Catalyst will allow us to build mega factories and enhance our technology while continuing to deliver exceptional value to our global customers,” said Vishal R. Sanghavi, founder and CEO, Jeh Aerospace.

The government has directed public sector banks to create a unified digital portal to streamline startup loan applications, sanctions, and information-sharing. Expected by October, the proposed startup hub portal will feature a single application form accessible to all PSBs.

The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This move reduces redemption pressure in the coming years. It also helps in lowering the fiscal deficit. This follows other buyback actions by the RBI. These actions are part of a larger strategy.

The deal, led by Andreessen Horowitz, with participation from Conviction Partners (founded by ex-Greylock investor Sarah Guo), is among the largest-ever seed rounds in Silicon Valley’s history – underlining the investor frenzy surrounding AI model companies founded by ex-OpenAI leaders.