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Startup News
ISN
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Samunnati raises Rs 2,300 crore in FY25, onboard 12 new prominent lenders
- Samunnati, an agri-value chain enabler, raised Rs 2,300 crore in debt funding during FY25.
- The funding helped the company onboard 12 new prominent lenders, bringing the total to 46.
- Samunnati recorded Gross Transaction Value of over Rs 7,000 crore and saw a 30% increase in average Assets Under Management.
- The company focuses on sustainable solutions and aims to expand across 100 agricultural value chains, empowering smallholder farmers.
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Eu-Startups
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25
Miss Moneypenny Technologies raises €7 million for its SaaS Wallet Studio platform
- Berlin-based Miss Moneypenny Technologies has raised €7.3 million in a Seed round to support its global growth strategy and market expansion.
- The funding round was led by Earlybird, with b2venture also participating.
- Miss Moneypenny Technologies' SaaS Wallet Studio platform transforms wallet cards into intelligent access points, enabling businesses to enhance customer engagement.
- Wallet Studio has already been adopted by global companies like HDI, SIXT, and Zurich Insurance, and has reportedly achieved high engagement rates.
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Inc42
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166
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boAt Files IPO Papers Via Confidential Filing
- Indian wearables and audio brand boAt has filed draft papers for an IPO via the confidential filing route.
- This is boAt's second attempt at going public, with its previous IPO plan being shelved due to market conditions and weak investor sentiment.
- The company is now eyeing an INR 500 Cr IPO at a valuation of over $1.5 Bn.
- boAt's revenue has faced challenges, with declining sales and a net loss in FY23, but the company aims for profitability and an IPO within the next 12-18 months.
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Inc42
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273
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Manic Monday: 10 New-Age Tech Stocks Touch New Lows On Tariff Turmoil
- Shares of 10 new-age tech stocks touched fresh lows due to fears of a global trade war after the US announced tariffs on all countries.
- Ola Electric plunged to an all-time low after reporting regulatory issues and including customer bookings for unreleased products in February sales figures.
- Honasa Consumer also touched a new 52-week low after its CMO resigned.
- The cumulative market cap of the 32 new-age tech stocks fell to $71.92 Bn from $74.75 Bn, as global trade tensions escalated.
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Eu-Startups
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Summit after-hours: Side events, hidden gems, and local highlights!
- The EU-Startups Summit 2025 in Malta offers inspiring keynotes, networking, and startup showcases, along with exploring the charming destination.
- Various side events during the Summit, like Launch & Lunch and Supercharger Ventures Boat Party, provide networking opportunities and entertainment.
- Product Burger Mixer and AISO Academy x Betterpic offer relaxed settings for founders and ecosystem players to connect after the main event.
- Events like Women in Startups and Club Globals provide platforms for highlighting entrepreneurship and global networking.
- Valletta, Mdina, The Three Cities, Marsaxlokk, and Gozo offer diverse cultural and historical experiences for Summit attendees to explore in Malta.
- SIT shares recommendations for must-visit places, including historic sites, picturesque locations, and opportunities for tailored experiences.
- Malta Enterprise, Scytale, Airwallex, EUROCROWD, M. Demajo Group, and the European Innovation Council are key sponsors supporting the Summit.
- The Summit aims to foster innovation, entrepreneurship, and international collaboration while showcasing Malta's historical and modern appeal.
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Inc42
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Startup Mahakumbh Ends With A Call To Leverage Deeptech Innovations For A ‘Viksit Bharat’
- The third and final day of Startup Mahakumbh gathered key government officials, founders, and investors from the startup ecosystem and industry leaders.
- Startup Mahakumbh emerged as India's largest-ever startup congregation, attracting approximately 230,000 visitors over three days.
- Over 3,000 startups, 1,091 investors and incubators, and 10,000+ delegates from India and over 60 countries were present at the event.
- The event emphasized leveraging deeptech innovations to achieve 'Viksit Bharat 2047' and highlighted India's advancements in sectors such as AI, deeptech, cybersecurity, healthtech, biotech, and spacetech.
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ISN
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223
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Aman Gupta-led boAt parent files draft papers for IPO via confidential pre-filing route
- Imagine Marketing, the parent company of boAt, has filed draft papers for an IPO through a confidential pre-filing route.
- This is their second attempt at going public.
- For FY24, boAt reported a 5% decline in revenue and a 48% reduction in net loss.
- Confidential pre-filing route has become a growing trend for Indian companies going for IPOs.
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Economic Times
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Engineering software startup Rescale raises $115 million from Applied Materials, Nvidia
- San Francisco-based startup Rescale has raised $115 million in venture financing.
- Backers in this round include Applied Materials and Nvidia.
- Rescale's software helps simulate complex physical systems, and the funding will be used to enhance the process using artificial intelligence.
- The new funding brings Rescale's total raised to date to over $260 million.
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SiliconCanals
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On World Health Day, meet the Dutch healthtech startups that raised funding in 2025; 5 of them are hiring
- 5 Dutch healthtech startups that raised funding in 2025 are highlighted.
- Cortalix, based in Groningen, raised €1M for antibody fragment development.
- Sencure from Roden secured €3.9M for medical wearable biosensors.
- VarmX in Leiden focuses on blood clotting therapies and got a €15M equity investment.
- QT Sense from Groningen raised €6M for its Quantum Nuova single-cell Nano-MRI platform.
- Surgical Reality in Amsterdam developed software for patient-specific 3D surgical planning.
- Phlecs in Eindhoven works on inflammatory skin conditions and offers Blue LED Therapy.
- Sirius Medical, also in Eindhoven, aims to improve cancer care with precise tumour removal solutions.
- Bimini Biotech in Leiden closed a €3M seed round for therapies targeting haematological cancers.
- Leyden Labs, Leiden, raised $70M for broad-spectrum antiviral platform development.
- Alesta Therapeutics in Leiden completed a €65M Series A funding round for rare disease small-molecule therapies.
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Yourstory
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76
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Lessons from Maya Angelou that still challenge the world
- Maya Angelou, a poet, memoirist, and civil rights activist, used her words to challenge oppression and inspire generations.
- Her works continue to be touchstones of empowerment and truth, reminding us of the power of language to shape perspectives and ignite change.
- Here are eight quotes from Maya Angelou that are still relevant, including the importance of courage, self-worth, addressing racism, resilience, the power of words, liberating love, women's strength, and the need to confront history.
- Maya Angelou's fearless truths continue to push the world forward, serving as a reminder of the necessity of honesty, courage, and love.
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Yourstory
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Edtech SigIQ.ai bags $9.5M in seed funding co-led by The House Fund, GSV Ventures
- Edtech startup SigIQ.ai has raised $9.5 million in seed funding led by The House Fund and GSV Ventures.
- The AI-driven edtech firm aims to deliver personalized learning at scale through its platforms PadhAI and EverTutor.
- The funding will be used for talent recruitment, refining AI models, and expanding educational ecosystems globally.
- Notable investors include Duolingo, General Catalyst India, and Calibrate Ventures.
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Inc42
1w
81
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Turtlemint In Talks With Bankers For $200-250 Mn IPO: Report
- Insurtech startup Turtlemint is in talks with bankers for a $200-250 Mn IPO.
- The startup is expected to file its draft papers with SEBI within two months.
- Turtlemint is in discussions with Motilal Oswal, JM Financials, ICICI Securities, and Jefferies to manage the IPO.
- Turtlemint, founded in 2015, provides a platform for financial advisors to distribute insurance and is looking to diversify its offerings.
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ISN
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418
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Nanotechnology startup Vimano raises Rs 25 crore in a Seed funding round
- Bengaluru-based nanotechnology startup Vimano has raised Rs 25 crore in a seed funding round led by Ankur Capital.
- Vimano develops ion-conductive membranes for clean energy systems such as redox flow batteries and green hydrogen production.
- The funding will be used to scale manufacturing capabilities, support pilot projects, and accelerate commercialization efforts.
- Ankur Capital believes Vimano's membranes can reshape the energy storage sector and address global issues related to the energy transition.
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Inc42
1w
235
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UK-Based Revolut Gets RBI Licence To Issue Prepaid Cards & Wallets
- UK-based fintech Revolut has received full authorisation from the Reserve Bank Of India (RBI) to issue prepaid payment instruments (PPI).
- The licence allows Revolut to issue prepaid cards and wallets with UPI payments and offer various financial services in India.
- Revolut already holds licences from the RBI for operating as a category-II authorised money exchange dealer, issuing forex cards, and providing cross-border payment services.
- The company aims to target international travellers in India and compete with local PPI issuers like MobiKwik, Scapia, and Jupiter.
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Eu-Startups
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Osney Capital unveils first UK cybersecurity Seed Fund, surpassing €58 million target
- Osney Capital announces the first UK cybersecurity Seed Fund, surpassing €58 million target.
- The fund received a cornerstone investment from the British Business Bank and is accredited by the UK’s National Security Strategic Investment Fund (NSSIF).
- Osney Capital plans to invest in 30 portfolio companies at pre-Seed and Seed stage, focusing on UK cyber founders.
- The UK's cybersecurity industry is growing rapidly, driven by increasing cyber threats and the adoption of AI and other technologies.
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