Funding & M&A

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.

Startup: Angoor AI

Sector: Customer Experience

Amount: INR 2 Crore

Led by: Venturizer

Angoor AI raised INR 2 Crore in pre-seed round led by Venturizer. The fresh capital will be deployed towards building an enterprise sales function, expanding the product and engineering team, and accelerating the company’s path to product-led growth.

“Having worked very closely with Angoor AI over the last nine months and seen the growth this team has demonstrated is a direct signal of what they can achieve with the right backing. The need for a unified, AI-native platform has never been higher. We evaluated multiple startups globally; Angoor AI stood out on both integration simplicity, technical depth, and founding team capability,” said Ashish Mishra, Co-Founder of Venturizer.

Startup: KreditBee

Sector: Fintech

Amount: US$280 Million

Led by: Motilal Oswal Alternates, Hornbill Capital & MUFG-backed Dragon Funds

KreditBee, Indian digital lending platform has raised USD 280 million in its Series E funding round at a post-money valuation of USD 1.5 billion, marking its entry into the unicorn club and making it the first unicorn of FY27. The round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds, with participation from WhiteOak Capital, A.P. Moller Holding, and existing investors including Premji Invest and Advent International. Co-founded by Madhusudan E., Karthikeyan Krishnaswamy and Vivek Veda in 2016, KreditBee delivers credit through its RBI-registered NBFC, KrazyBee Services Limited, along with co-lending partnership with over 10 financial institutions.

Madhusudan E, Co-founder and CEO, KreditBee, said, “This fundraise marks an important milestone in our growth journey. The strong interest from new investors, along with continued participation from our existing investors reflects deep confidence in our business model and our mission to make credit accessible to millions of Indians. We are increasingly embedding AI into the core of our lending stack to enhance underwriting precision, strengthen risk controls, and deliver a faster, more intuitive customer experience.”

Startup: OFF/BEAT

Sector: Digital Branding

Amount: INR100 Crore

Led by: Bessemer Venture Partners

OFF/BEAT, the new venture by Aman Gupta, has raised Seed funding by Bessemer Venture Partners in an INR100 crore round.

Anant Vidur Puri, Partner, Bessemer Venture Partners, said, “We back founders who see around corners. Aman saw how a new India would come to think about aspiration, identity, and quality, and built boAt as proof. He is now applying that same instinct to a market being reshaped by AI and by a generation with entirely new expectations. That is exactly the intersection Bessemer exists to back.”

Startup: GoSats

Sector: Crypto

Amount: US$5 Million

Led by: Konvoy

GoSats, an asset-based rewards company, has raised $5M (INR 42 crores) in Series A funding. Led by Konvoy with participation from Y Combinator and Taisu Ventures alongside select angel investors.

Josh Chapman, Managing Partner at Konvoy, said, “GoSats has built a commanding advantage in one of the world’s fastest-growing markets. By successfully bridging India’s massive traditional finance sector with the digital asset economy, they have unlocked wealth creation for millions of everyday consumers. The founders have impressively navigated India’s regulatory landscape to build deep partnerships and a product that users genuinely love. We are incredibly bullish on India and are thrilled to back this team as they scale a category-defining platform.”

Startup: KisaanSay

Sector: AgTech

Amount: INR34 Crore

Led by: NABVENTURES

KisaanSay, Indian Direct- from-Origin food brand, has closed a Rs. 34 Cr funding round led by NABVENTURES through the AgriSURE Fund (Agri Fund for Startups & Rural Enterprises). The round also saw participation from senior industry leaders. Funding from this round will be deployed to scale KisaanSay’s distribution, marketing & brand-building efforts, further strengthen the team, build a scalable organisation, and deploy a full-stack technology infrastructure. This will drive deeper category penetration, strengthen supply chain efficiencies, and deliver superior value and outcomes for consumers and farmers.

Vikas Bhatt, Managing Director, NABVENTURES, said, “KisaanSay is building a differentiated, impact-led model that is transforming India’s farm-to-consumer supply chain. By combining a strong brand and distribution network with direct farmer linkages, the company is driving meaningful value creation across the value chain and improving farmer realisations. The founding team brings deep operating experience and a clear execution vision, which gives us strong conviction in the company’s ability to scale. Our investment is both strategic and financial in nature and extends beyond capital by providing KisaanSay access to NABARD’s extensive ecosystem, particularly its network of FPCs, thus enabling accelerated and sustainable growth. We look forward to supporting Nitin, Vaishali, Manoj, and the entire KisaanSay team in further strengthening and scaling the business”.

Navanwita Bora Sachdev

Navanwita is the editor of The Tech Panda who also frequently publishes stories in news outlets such as The Indian Express, Entrepreneur India, and The Business Standard

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