During this window (April 7 – April 12, 2025), attention and capital continued gushing into India’s startup ecosystem across several verticals. Some significant developments in equity funding occurred during this time: You May Also Like
Tessell Completes 60 Million Series B to Accelerate Development of AI-Driven Cloud Data Management Tessell| |
DBaaS, Calif & Bengaluru | $60M | Series B || WestBridge Capital, Lightspeed Venture Partners, B37 Ventures, and Rocketship.vc. In six quarters of go-to-market, Tessell has already closed dozens of top enterprises. This funding will only accelerate its growth as it serves its mission to simplify data infrastructure for mission-critical workloads.”
Easebuzz, a Pune-based payments aggregator, has raised US$ 30 million in Series
Bessemer Venture Partners (led the round), 8i Ventures and Varanium Capital (co-invested) Revenue of the company jumped to ₹650 crore in FY25. The amount raised will allow it to grow both its online payment solution and SaaS products, as well as move into offline
payments with its POS & UPI QR-powered Soundbox solutions. “In our journey to become the verticalized operating system for India’s digital economy, India,” said Rohit Prasad, Founder & CEO of Easebuzz.
Ugramp-based wearables brand Noise has secured more funding of INR 172 crore (USD20 million)
From investors Bose Corporation Bose Corporation An extension of the USD 10 million investment, into which the company expanded in December 2023. The proceeds will be used to strengthen operations, accelerate growth, increase brand awareness and fund strategic initiatives. The investment was done through 4,915 compulsory convertible debentures, which are due to convert into equity at an extremely low interest rate of 0.001 percent.
Innovist, a personal care and beauty company, has raised Rs 136 crore ($16 million)
In a round led by ICICI Venture, with additional participation from Play Ventures, Kalaari Capital, MIXI Investments, Gameskraft Technologies, Griffin Gaming Partners, Waterbridge Ventures, Courtside Ventures, Rocket Capital Mirabilis Investment Trust, Niveshaay Investment, and Sauce VC. The capital will be used to enhance product innovation, expand market presence, and strengthen the team. This round also marked the exit of seed investor Accel. The company, which owns brands like Bare Anatomy, Chemist at Play, and Sunscoop, has garnered attention for its strong growth in a highly competitive market. ICICI Venture expressed enthusiasm about supporting innovation through its new early growth fund.
Xindus, a cross-border logistics startup, has completed a $10 million
Series A funding round and Orios Venture Partners with co-investments from Shastra VC and Caret Capital. The raise will help ramp up the company’s operations, as it aims to grow its customer count from 1,000 to 10,000 and reach $200 million in GMV in the next 18 months. Founder and CEO Rohit Chawla, founder and CEO of Innovist added, “Innovist is one of the fastest-growing BPC (beauty and personal care) firms in the country and aims to cross Rs 300 crore in revenue by financial year 2025.”
Mumbai-based premium panel maker PARÉ Innovations raises $8.5 million (INR 72.9 crore)
In the first funding round from Advenza Global Limited, its post-money valuation reached INR 540 crore. Formed in 2020 by Bipin and Parth Parmar, the firm makes high-end, waterproof and low-maintenance ceiling, wall and facade panels with a natural wood finish. PARÉ now plans on using this investment to aggressively expand in both domestic and international markets as it continues to reach a turnover of INR 1,000 crore over the next four years.
