The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.
Startup: MedySeva
Sector: Health Tech
Amount: INR4 Cr
Led by: Unicorn India Ventures
Health Tech platform MedySeva, which provides tele and in person doctor consultations in rural and semi urban areas, has raised Rs 4 crore in a seed round led by Unicorn India Ventures. The funds raised will be strategically deployed to expand MedySeva’s phygital healthcare clinics across tier 2 and 3 cities in India, strengthen its telemedicine platform to service a much higher number of patients, scale up its digital infra, drive marketing campaign to grow awareness and patient outreach and engagement program and lastly, to build and train a strong on-ground operations and clinical support team for scale.
Dr. Vishesh Kasliwal, Founder & CEO, Medyseva, says, “At Medyseva, our mission is simple yet powerful – to make quality healthcare accessible to every Indian, irrespective of location. The current round strengthens our ability to scale our hybrid healthcare model, enabling city-based specialists to reach patients in the most underserved regions. We are now ready to accelerate our next phase of growth by building an integrated doctor and hospital network that bridges India’s healthcare divide.”
Startup: Blyp Sector:
Smart parking
Amount: INR50 lakhs
Led by: Sandesh Sharda
Blyp, Indian smart parking solutions provider (formerly known as ParkMate), successfully raised INR50 lakhs in funding from Sandesh Sharda, Indian entrepreneur. The funding, part of an ongoing bridge round post their Pre-Series A, will be utilized to strengthen Blyp’s technology stack, expand across metro and tier-2 cities, and onboard more malls, corporates, and institutional clients.
“Our vision has always been to make parking effortless through technology,” said Abhimanyu Singh, Co-founder & COO, Blyp. “From tackling challenges like unavailability and manual payments to enabling digital-first ecosystems for corporates and smart cities — Blyp is creating impact at every level. This recognition and support will help us scale our mission faster and more effectively.”
Startup: Finance Buddha
Sector: Finance
Amount: INR71.68 cr
Led by: SME IPO
Finance Buddha (Finbud Financial Services Limited), Indian phygital retail loan aggregation platform, will raise up to INR71.68 crore through its forthcoming SME IPO. The company has announced a price band of INR140 to INR142 per equity share, with the anchor investor portion opening and closing on November 4, 2025, and the public issue opening for subscription on November 6 and closing on November 10, 2025. The IPO comprises a fresh issue of 50,48,000 equity shares, aggregating to INR71.68 crore at the upper end of the price band.
Parag Agarwal, Co-founder, Finance Buddha said “The IPO is a reflection of our belief that technology, trust, and responsibility can coexist to redefine retail credit access in India. Over the years, Finance Buddha has built a differentiated model that combines data intelligence, personalized guidance, and on-ground reach to make credit truly accessible. As we enter the public markets, our focus remains on scaling responsibly, strengthening governance, and creating long-term value for our customers, partners, and investors.”
Startup: Pluro Fertility & IVF
Sector: Healthcare
Amount: INR125 cr
Led by: Bessemer Venture Partners
Pluro Fertility and IVF, a healthcare partnership platform, raised Rs. 125 Crore in Series A funding round led by Bessemer Venture Partners at a valuation of Rs. 1,000 Crores. The round marks a key milestone in Pluro’s mission to partner with India’s most accomplished fertility specialists and help millions of Indian women and men realize their dream of parenthood. Prominent angels such as Vikram Chatwal (MediAssist), Dharmil Sheth & Hardik Dedhia (PharmEasy/All Home), Salil Musale (Astarc Ventures), Shalibhadra Shah and Niket Shah (Motilal Oswal), Karan Kapur (K Hospitality), also participated in this round.
“India’s most respected fertility specialists have spent decades building trusted patient relationships and delivering consistent clinical outcomes. Operational bottlenecks and bandwidth limit their ability to scale and invest in technology and infrastructure. Pluro solves for this and enables them to serve couples truly becoming partners in the journey to Parenthood enabled by Tech, research, great infrastructure and state of the art care” said Dr. Jaydeep Tank, co-founder & CEO of Pluro Fertility, on behalf of the Founders. Pluro supports everything outside the consultation room – so doctors can do what they do best: help create families.”
Startup: PointAI
Sector: AI
Amount: INR47 cr
Led by: Yali Capital, Lip-Bu Tan (Chairman, Walden International) & Tremis Capital
PointAI (previously Try ND Buy), a leading deep-tech company specializing in Artificial Intelligence (AI) and Computer Vision, has successfully raised INR47 crore in a Pre-Series A funding round led by Yali Capital, Lip-Bu Tan (Chairman, Walden International) and Tremis Capital.
“Our transformation from Try ND Buy to PointAI marks a new chapter in our journey to redefine how people experience products and services online. At PointAI, we are building next-generation, simulation-based AI models that deliver accuracy and speed enabling instant, hyper-realistic experiences that bridge the gap between physical and digital retail. Yali Capital’s investment reinforces our vision and fuels our mission to push the frontiers of AI and computer vision for the global e-commerce industry” said Nitin Vats, Founder and CEO, PointAI.
Startup: Drip Capital
Sector: Digital trade finance & B2B e-commerce
Amount: US$50 M
Led by: Toronto-Dominion Bank (TD Bank)
Drip Capital, a digital trade finance and B2B e-commerce company, has secured a US$50 million committed credit facility with an additional $25 million accordion feature from Toronto-Dominion Bank (TD Bank), one of the top ten banks in North America.
“This partnership with TD Bank reinforces global confidence in Drip Capital’s business model and the strength of Indian fintech on the world stage,” said Pushkar Mukewar, Founder and CEO, Drip Capital. “Our mission is simple: to make global trade more accessible for small businesses. Whether in India, or outside, SMBs need reliable financing and trusted trade partners to compete. This facility allows us to extend that support at scale.”
Startup: Exiles Interactives
Sector: Gaming
Amount: US$355,000
Led by: Chimera VC
Exiles Interactives, a Bengaluru-based gaming startup, has raised $355K in pre-seed round led by Chimera VC. The round also included participation from Warmup Ventures, IndigoEdge, and angel investor Dhruv Vohra, along with existing shareholder Sourav Gupta. The funds will be used towards developing Centarius, the company’s next-generation social gameplay platform, as well as for strengthening marketing initiatives.
Krish Anurag, Managing Partner at Chimera VC, said, “Exiles Interactive has shown strong early traction, and it’s clear they are addressing a large unmet need in the browser-based gaming market. The team is deeply passionate about gaming and highly strategic in their approach towards the business. They are well-positioned for growth, and we believe Centarius has the potential to become a leading platform in this space. We are excited to support them on this journey.”
Startup: Redacto
Sector: AI
Amount: INR12 cr
Led by: PeerCapital & Antler India
Redacto, an AI-driven privacy infrastructure company building the next generation of enterprise data governance systems, has raised INR12 Crore in a seed round led by PeerCapital and Antler India, with participation from select angel investors. The funding will be used to strengthen Redacto’s AI capabilities, expand its product and engineering teams, and scale enterprise adoption across India.
“The DPDP Act marks the beginning of a privacy-first era for Indian enterprises,” said Shashank Karincheti, Co-Founder & Chief Product Officer (CPO), Redacto. “Our goal is to make privacy practical, continuous, and scalable. Redacto is built to turn compliance into confidence and transform how organisations approach sensitive data responsibility.”
Startup: Vikran Engineering Limited (VEL)
Sector: Engineering, Procurement & Construction
Amount: INR354 cr
Led by: Ellume Energy MH SolarOne Private Limited (SPV)
Vikran Engineering Limited (VEL), an Indian emerging multi-sector EPC (Engineering, Procurement, and Construction) company was awarded a prestigious turnkey EPC contract worth INR354 crore by Ellume Energy MH SolarOne Private Limited (SPV) for the 100 MW AC / 120 MW DC Solar Power Project in Maharashtra.
Rakesh Markhedkar, Chairman and Managing Director, Vikran Engineering Limited, said, “This order reinforces Vikran Engineering’s growing capabilities in delivering complex, large-scale renewable energy projects. It aligns perfectly with our strategy to expand our EPC footprint in clean energy and sustainable infrastructure. We are proud to contribute to India’s renewable energy goals while delivering world-class execution standards for our clients.”
Startup: SnapE Cabs
Sector: EV
Amount: US$2.5 M
Led by: Inflection Point Ventures
An electric mobility company, SnapE Cabs raised $2.5 Mn in Bridge Deck Round led by Inflection Point Ventures, Indian Angel investing platform. The funds will be deployed towards operational overheads, leasing EV cars, and product development and enhancement. The round also saw participation from Ah Ventures, Shish Kharesiya , Praveen Chand, Jaspreet Kaur and others.
Mitesh Shah, co-founder IPV says, “The demand for clean and sustainable vehicles is growing globally. The ride-hailing platforms are no exception. With an increasing number of people using ride-hailing services, this sector urgently needs a greener alternative. SnapE Cabs is addressing this by not only offering EV cab services but by also building a supportive infrastructure. Its model is both environmentally friendly and financially sustainable, achieving growth without burning cash for customer acquisition, discounts, and fleet operations. The recent tie up with Rapido further strengthens the company mission for India’s EV adoption and sustainable goal.”
