Startup news, new launches, founder stories, funding rounds and ecosystem developments.
SUGAR Cosmetics has raised ₹144.5 crore from existing investor A91 Partners as the beauty brand faces a sharp valuation reset. The latest funding comes after revenue fell 20% and net losses nearly doubled in FY25.
Portuguese digital health company Hope Care has raised €6 million in Series A funding to expand its remote patient monitoring platform across Europe. The company is targeting new deployments in Germany and Romania while scaling existing operations in Portugal, France and Switzerland.
Voice AI startup Navana.ai has raised ₹40 crore in a Series A round led by Ronnie Screwvala. The Bengaluru-based company will use the funding to expand its enterprise deployments, develop Indian-language speech models and strengthen its AI contact centre products.
Milan-based AI startup Cato has raised €6 million in a seed round led by Keen Venture Partners. The company will use the funding to expand its AI platform for finding, analysing and preparing bids for public tenders.
Bengaluru-based sales intelligence startup Overlayy has been acquired by San Francisco-based Monaco, bringing its AI expertise and team into the revenue platform’s push to replace fragmented sales software.
Indian startups opened September with fresh funding across aerospace, defence, electric mobility, healthcare, climate technology and AI, with investors favouring specialised businesses and clear commercial applications.
Rentomojo is set to go public at a ₹4,246 crore valuation, with its ₹1,256 crore IPO opening on September 9.
Krafton is committing another $250 million to India, expanding its investments into AI, fintech, digital content and other technology sectors.
Adobe has acquired Indian AI startup Rilo less than a year after its launch, bringing its AI workflow technology and team into the software giant.
AI infrastructure startup Crusoe has raised more than $3 billion in fresh funding, taking its valuation to roughly $30 billion as demand for specialised AI data centres continues to grow.
Moonshot AI, the Chinese startup behind Kimi, has confidentially filed for a Hong Kong IPO as it looks to raise around $3 billion and build on its rapid growth in the generative AI market.
Generalist has raised nearly $200 million in fresh funding, taking the AI robotics startup's valuation to $3 billion as investment in physical AI accelerates.
Hungarian EdTech company BOOKR has raised €6.1 million in Series A funding as it prepares to expand its digital learning platform across Asia, the Middle East, Europe and the Americas.
Nigerian startup Terra Industries has raised $52 million to expand AI-powered autonomous systems, strengthen manufacturing and take its defence technology into international markets.
London AI startup Callosum has secured $100 million in seed funding to develop software that helps businesses run AI workloads across different models and computing systems.