Right this moment’s funding exercise noticed notable investments throughout healthtech, AI, quantum computing, and style commerce. In parallel, key information highlights included Zepto Café scaling again, Swiggy’s new wholesome meals class, and AceVector gearing up for an IPO. Right here is the roundup of key funding offers and enterprise information in India.
Day by day Indian Funding Digest – 16 July 2025
Startup | Funding Quantity | Stage | Lead Investor(s) | Function/Use |
---|---|---|---|---|
Tradition Circle | Undisclosed | Undisclosed | Ritesh Agarwal | Scale AI‑powered engine, international growth |
Zuppa | US $1.5 million | Bridge spherical | Rahul Dewan (Srijan Tech) et al. | Advance autonomous drone tech growth |
Deep Algorithm Options | ₹10.8 crore (~US $1.3 m) | Seed | Unicorn India Ventures | Develop risk‑intel, enterprise & SEA market |
Zulu Membership | US $250 000 | Pre‑seed | TDV Companions | Scale 100‑minute style supply in Delhi NCR |
Zeus Hygia | US $2.5 million | Collection A | NABVENTURES (VC arm of NABARD) | R&D, international rollout of nutraceuticals |
Knot | US $3 million | Pre‑Collection A | Kae Capital et al. | Develop fast‑style supply and model partnerships |
Navana AI | ₹7 crore (~US $800 okay) | Pre‑Collection A | Antler India et al. | Scale multilingual voice‑AI options |
Phi Commerce | ₹51.34 crore (~US $6 m) | Collection B prime‑up | BEENEXT | Improve omnichannel cost platform |
Truemeds | US $20 million | Collection C (C2) | Peak XV Companions | Enhance telehealth development; a part of ongoing $44M Collection C |
QpiAI | US $32 million | Collection A | Avataar Ventures, Nationwide Quantum Mission | Develop quantum‑AI computing for enterprise |
Tradition Circle raised funding from Ritesh Agarwal
Luxurious style platform Tradition Circle has obtained strategic funding from OYO’s Ritesh Agarwal, valuing the corporate at over INR 100 crore. The Mumbai-based startup leverages AI to supply curated luxurious drops and genuine streetwear by its proprietary engine “SourceX”. (as first reported by Entrackr)
Zuppa raised $1.5 million in a bridge spherical
Chennai-based drone tech firm Zuppa raised $1.5 million in a bridge spherical led by Rahul Dewan (Founder, Srijan Applied sciences), alongside Ajay Gupta and the Mangwani Household Workplace. Zuppa builds proprietary autonomous drone programs, which the contemporary funding will assist advance forward of a bigger Collection A increase.
Deep Algorithm Options raised INR 10.8 crore in seed funding
Cybersecurity startup Deep Algorithm Options secured INR 10.8 crore ($1.3M) in a seed spherical led by Unicorn India Ventures. The corporate focuses on risk intelligence, leveraging AI to detect cyber dangers in real-time.
The funding will probably be used to develop its safety crew, construct enterprise integrations, and enter Southeast Asian markets.
👗 Zulu Membership raised $250K in pre-seed
Trend logistics startup Zulu Membership raised $250,000 in a pre-seed spherical from TDV Companions. Working in Delhi NCR, the platform provides “100-minute” supply and try-at-home choices for attire and style equipment.
The funds will probably be used to boost app personalisation and develop logistics capability.
Zeus Hygia raised $2.5 million in Collection A
Hyderabad-based Zeus Hygia Lifesciences, a nutraceutical innovation agency, raised $2.5 million in its Collection A spherical led by NABVENTURES, the VC arm of NABARD. The corporate plans to make use of the funds to launch first-in-market natural formulations for ache reduction, weight administration, and girls’s well being.
Knot raised $3 million in pre-Collection A
Mumbai-based Knot, which guarantees ultra-fast style supply, raised $3 million in a pre-Collection A spherical led by Kae Capital. Different buyers embody Sparrow Capital, Boundless Ventures LLP, and founders from manufacturers like SNITCH, The Souled Retailer, and Bonkers Nook.
The capital will probably be used to develop its tech stack, develop to new cities, and construct deeper model collaborations.
Navana AI raised INR 7 crore in pre-Collection A
Voice expertise startup Navana AI secured INR 7 crore (~$800,000) in a pre-Collection A spherical led by Antler India. Angel buyers like Ajay Agarwal, Ronnie Screwvala, and Sandeep Singhal additionally participated.
The startup, based by Raoul and Jai Nanavati, builds AI-powered multilingual speech assistants and companies over 12 Indian languages, already serving 40+ enterprise purchasers.
Phi Commerce raised INR 51.34 crore in Collection B top-up
Phi Commerce, which allows omnichannel digital funds, raised a further INR 51.34 crore ($6 million) in a Collection B top-up from BEENEXT.
Phi Commerce’s unified platform helps card and UPI-based funds throughout offline and on-line retail, logistics, and authorities segments. The funds will assist strengthen platform safety and scale operations.
Truemeds raised $20 million in Collection C2
Healthtech startup Truemeds obtained $20 million from Peak XV Companions within the C2 tranche of its Collection C spherical, bringing the spherical’s whole to over $44 million.
Truemeds allows reasonably priced drugs supply by e-prescription uploads and generic model suggestions. Based by Akshat Nayyar and Kunal Wani, the corporate noticed FY24 revenues develop to INR 315 crore, whereas losses lowered to INR 61 crore. (first reported by Entrackr)
QpiAI raised $32 million in Collection A
Quantum-AI startup QpiAI, primarily based in Bengaluru, raised $32 million in a Collection A spherical co-led by Avataar Ventures and India’s Nationwide Quantum Mission.
The capital will go in the direction of commercialising its quantum stack globally and deepening enterprise adoption.
Key Information Highlights for 16 July 2025
Zepto Café scales down operations
4-year-old fast-delivery subsidiary Zepto Cafe has paused operations throughout a number of retailers in North India. The transfer comes amid provide chain points and a scarcity of skilled workers, compounded by heightened competitors from Blinkit’s Bistro and Swiggy’s Snacc. In consequence, Zepto is delaying growth of its “darkish shops” and retrenching to handle operational effectivity.
Swiggy launches ‘Excessive‑Protein’ meals in 30 cities
Swiggy has launched a brand new “Excessive‑Protein” meal class, out there throughout 30 cities, that includes 500,000+ dishes from greater than 35,000 eating places. Every dish should include at the least 15 g of protein, below 700 kcal, and a protein‑to‑calorie ratio of ≥10%. This healthy-eating initiative goals to cater to fitness-focused shoppers and diversify Swiggy’s menu choices.
ixigo grants 211,912 ESOPs value INR 3.78 crore
Le Travenues Know-how Ltd—the mum or dad firm of journey‑tech platform ixigo—has granted 211,912 inventory choices below its ESOP schemes (2013, 2020, 2021, 2024) at an train worth of INR 93/share, vesting over 4 years. The bundle is valued at INR 3.78 crore, reinforcing the corporate’s long-term worker retention technique.
AceVector information DRHP for INR 500 crore IPO
AceVector Ltd, Snapdeal’s holding and ecosystem firm, together with Unicommerce and Stellaro Manufacturers, is making ready to file its Draft Crimson Herring Prospectus (DRHP) to lift INR 500 crore by an preliminary public providing. CLSA and IIFL have been appointed as its bookrunning managers.
Three PE companies search CCI nod for Theobroma deal
Three non-public fairness companies, together with Infinity Companions, Atreides Investments BV (linked to ChrysCapital), and Aqua Investments Ltd, ,have utilized to the Competitors Fee of India (CCI) to amass a 90% stake in bakery chain Theobroma Meals.
Google provides free Gemini Professional plan to Indian college students
Google is providing its AI‑powered Gemini 2.5 Professional plan (value INR 19,500/12 months) free to Indian faculty college students aged 18+ (the provide is legitimate till 15 September 2025). The provide contains instruments comparable to Gemini 2.5 Professional, NotebookLM, Veo 3, Deep Analysis, and entry to 2 TB of Google Cloud storage, enabling superior AI-assisted studying.
Day by day Indian Funding Roundup & Key Information: 15 July 2025
Early-stage bets on Trupeer.ai and The Marriage ceremony Firm trace at investor urge for food for AI and luxurious tech. Right here’s a roundup of immediately’s key funding and enterprise information in India.

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