Shashank Pathak

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Covering early-stage startups @Entrackr I Follow #Snippets #Weeklyfunding #Monthlyfunding #ESOPTRACKR| 📧 [email protected]

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Quick fashion delivery startup ZILO raises $4.5 Mn in Seed round

1 day ago | entrackr.com | Shashank Pathak

Fashion-tech startup ZILO has secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The proceeds will help ZILO reach product-market fit, strengthen its hybrid supply chain, build brand partnerships, and expand beyond Mumbai to other major Indian cities this year.
Wiom raises $40 Mn led by Bertelsmann and Accel

2 days ago | entrackr.com | Shashank Pathak

Wiom, a Delhi-based internet services company, has raised $40 million in a new funding round led by Bertelsmann India Investments and Accel. Prosus, Promaft Partners, and RTP Global also participated in the round. Earlier to this, the telecom startup has scooped Rs 140 crore (approximately $17 million) in a Series A round led by RTP Global in July 2023. The proceeds will be used to grow its product, hire more staff in tech and operations, and expand into less connected towns and districts.
Defence tech startup Raphe mPhibr raises $100 Mn led by General Catalyst

2 days ago | entrackr.com | Shashank Pathak

Drone and aircraft systems manufacturer Raphe mPhibr has raised $100 million in a round led by General Catalyst, with participation from existing investors Amal Parikh, Think Investments, and several high net worth family offices. This is the largest private funding round raised by an Indian aerospace company, taking Raphe mPhibr’s total capital raised to $145 million. Founded in 2016, Raphe mPhibr designs and manufactures drones, autonomous aircraft systems, and military grade avionics.
Former Oura CEO Harpreet Singh Rai joins Loop as President of Healthcare

2 days ago | entrackr.com | Shashank Pathak

Mumbai-based health and insurance startup Loop has appointed Harpreet Singh Rai as President, Healthcare. Harpreet is the former CEO of Oura, a global health-tracking wearable brand. He was also an early investor in Loop. Harpreet will lead Loop’s healthcare product development. He will work with the company’s medical, product, and engineering teams to improve user experience and help people manage their health better.
Flipspaces raises Rs 50 Cr from Asiana Fund

2 days ago | entrackr.com | Shashank Pathak

Commercial interior design startup Flipspaces has raised Rs 50 crore (around $5.9 million) from Asiana Fund. The fresh funding is an extension of a $35 million round raised last month. The fresh capital will be used to scale operations across India, the US, and the UAE, strengthen its proprietary technology platform, and evaluate strategic acquisitions in related sectors.
Walko Food Company acquires Meemee’s Ice Creams

3 days ago | entrackr.com | Shashank Pathak

Premium dessert brand Walko Food Company has acquired Mumbai-based Meemee’s Ice Creams, marking its foray into the artisanal dessert market. With this, Walko plans to expand its portfolio and deepen its reach among urban and digitally-savvy consumers. Known for its offerings like Toasties, Roley’s, and Tubsters, Meemee’s has built a niche following among younger audiences. The acquisition will help the brand scale its D2C presence by leveraging Walko’s supply chain and presence across 100 cities.
GIVA raises Rs 530 Cr in Series C round led by Creaegis

3 days ago | entrackr.com | Shashank Pathak

The round also saw participation from existing backers Premji Invest, Epiq Capital, and Edelweiss Discovery Fund. Entrackr recently reported on GIVA’s funding round. According to startup data intelligence platform TheKredible, GIVA has raised over $146 million to date. The Bengaluru-based brand plans to use the fresh capital to grow its retail and digital presence, strengthen its tech-enabled supply chain, deepen its lab-grown diamond portfolio, and foray into new product categories.
AuraML raises $1 Mn in pre-seed round led by Turbostart

3 days ago | entrackr.com | Shashank Pathak

Deeptech startup AuraML has raised $1 million in a pre-seed funding round led by Turbostart, with participation from DeVC, GSF Accelerator, Indian Angel Network (IAN), and other investors. The funds will be used to accelerate product development, expand its presence in the US, and scale enterprise pilots across warehouse automation, industrial robotics, and next-generation autonomous systems.
Bond investment platform IndiaBonds raises Rs 32.5 Cr in maiden funding

3 days ago | entrackr.com | Shashank Pathak

SEBI-registered bond investment platform IndiaBonds has raised Rs 32.5 crore ($3.77 million) in its maiden external funding round, backed by a curated group of marquee individual investors from the investment and technology sectors. This marks a milestone for the Mumbai-based fintech, which has remained bootstrapped for over four years. The proceeds will be used to scale its platform and continue its mission of making bond investing mainstream and accessible in India.
Former Swiggy CTO’s stock trading app Sahi raises $10.5 Mn led by Accel and Elevation

3 days ago | entrackr.com | Shashank Pathak

Bengaluru-based stock trading platform Sahi has raised $10.5 million in a funding round led by Accel and Elevation Capital. The proceeds will be used to accelerate product innovation, scale its team, and deepen its presence across India. Founded in December 2024 by former Swiggy CTO Dale Vaz and ex-Kotak Securities executive Manish Jain, Sahi offers a chart-first interface with features like real-time Greeks, open interest tracking, technical indicators, and one-click execution.