The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.
Startup: Octobotics Tech Pvt Ltd
Sector: Robotics
Amount: INR10 cr
Led by: Navam Capital
Octobotics Tech Pvt Ltd, an industrial robotics company, successfully closed its Series Seed funding round of approximately INR10 crore. The round was led by Navam Capital, with participation from BYT Capital. The funds will be deployed to accelerate product development, strengthen field validation, and support international expansion.
Dr. Anjan Ray, Investment Partner at Navam Capital, said, “Octobotics is addressing specific maintenance challenges within critical infrastructure. Their focus on a vertically integrated technology stack and a scalable distribution model provides a clear path for serving the global inspection market.”
Startup: Alt DRX
Sector: Fintech
Amount: INR6 cr
Led by: Nila Spaces Limited
Nila Spaces Limited, a Gujarat based real estate developer, has announced a strategic investment of INR6 crores to acquire an approximately 1.40% minority stake in Alt DRX, a fintech start-up at the forefront of asset and real estate tokenization in India.
Deep Vadodaria, Managing Director, Nila Spaces, said, “At Nila Spaces, we have always built with the future in mind through thoughtful design, technology-led innovation, and inclusive ownership models. We strongly believe that real estate tokenization will redefine how India participates in property ownership. Our investment in Alt DRX is a strategic move towards making housing more accessible to Middle India one square foot at a time.”
Startup: OneStack
Sector: Fintech
Amount: Undisclosed
Led by: Pentathlon Ventures, 100Unicorns & Venture Catalysts
OneStack, a fintech company focused on digitising India’s cooperative banking ecosystem, has raised undisclosed capital in its ongoing Series A round. The round was led by Samved VC and Silicon Road Ventures, with continued participation from existing investors Pentathlon Ventures, 100Unicorns and Venture Catalysts, along with interest from select global investors.
Amit Kapoor, Co-founder, OneStack, said, “Regulatory expectations around digital infrastructure and governance have risen significantly. Cooperative banks are increasingly seeking modern, compliant solutions that can be deployed efficiently.”
Startup: JS Auto Cast Foundry India Private Limited (JSA)
Sector: Manufacturing
Amount: INR300 cr
Led by: Premji Invest (PI)
JS Auto Cast Foundry India Private Limited (JSA), 100% wholly owned step- down subsidiary of Bharat Forge Limited and a supplier of critical ferrous castings for industrial and automotive applications, raised equity of Rs. 300 crores from Premji Invest (PI) by way of primary infusion into the company. PI will hold 23% stake on a fully diluted basis post the infusion. The capital will be utilized to accelerate the growth of JSA by expanding its casting capacity, investing in medium casting capacity and consolidation of the industry via acquisitions.
Amit Kalyani, Vice Chairman & Joint Managing Director, Bharat Forge said, “Since 2022 when we acquired JSA, the company has delivered excellent financial performance with topline, exports and profitability growing at a CAGR of 17%, 24% and 25% respectively, while enhancing its product mix and customer base. We are delighted to partner with Premji Invest (PI), a renowned and highly respected investor, in the next phase of JSA’s growth journey”.
Startup: OneARVO
Sector: Deep Tech
Amount: INR12.3 M
Led by: Inflection Point Ventures
New Delhi-based deep tech startup OneARVO raises INR12.3 Million in Pre-seed round led by Inflection Point Ventures. The funds will be utilised for technology team augmentation, building an AI lab for datasets, and go-to-market implementation. The startup operates as a supply chain integrity solutions provider, helping brands protect, track, and authenticate their products across the supply chain by combining AI, blockchain, and smart product identification technologies.
Vikram Ramasubramanian, Co-founder IPV says, “Supply chain integrity and product authenticity are becoming increasingly critical across industries, and OneARVO is addressing this challenge with a clear and practical approach. The team has demonstrated strong execution capability and a deep understanding of industry needs. We believe OneARVO is well-positioned to build a scalable solution that can set new benchmarks for trust, compliance, and transparency across global supply chains.”
