Synopsis
The number of deals during the week was down to 22 transactions, compared to 42 in the corresponding week last year.This week’s tally, however, was up 98% from the previous week when startups raised only $187.4 million.
Cheque sizes increased this year, with $370 million invested across just 22 deals, compared to $205.7 million spread over 42 deals last year.
This week, Unicorn India Ventures emerged as the most active investor, participating in two deals — SatLeo Labs and Nava.
Meanwhile, Greenoaks backed Nava in a separate deal, and IvyCap Ventures Advisors invested in Astranova Mobility.
Top deals of the week
Kreditbee: Digital lending platform KreditBee has raised $280 million in a fresh funding round, pushing its valuation to $1.5 billion and marking its entry into the unicorn club. The round, led by Hornbill Capital, Dragon Funds, and Motilal Oswal Alternates, includes $220 million in primary capital for growth and technology investments and $60 million in secondary transactions enabling exits for existing investors.
Nava: Artificial intelligence (AI) startup Nava (formerly Kluisz) has raised $22 million in a funding round led by Greenoaks Capital, with participation from RTP Global and Unicorn India Ventures. Founded in 2025 by Abhinav Sinha, Vamshidhar Reddy, and Abhijeet Singh, the company is transitioning from a software-led GPU cloud model to a vertically integrated approach.
Pluckk: Mumbai-based D2C farm-to-consumer brand Pluckk has secured Rs 100 crore (about $10.8 million) in a fresh all-equity round from existing backer Euro Gulf Investment, taking its total funding to $26 million. Founded in 2022 by Pratik Gupta, Pluckk started with farm-fresh produce and has expanded into meal kits and pre-cut offerings, using AI and computer vision to optimise quality, pricing, and supply chains.
Astronova Mobility: Gurugram-based electric vehicle (EV) financing platform Astranova Mobility has raised Rs 60 crore in a fresh funding round led by IvyCap Ventures Advisors. Founded in 2023 by Kunal Mundra in partnership with Grip Invest, the company offers financing and asset management solutions. Prior to this round, Astranova had raised about $4.99 million across three funding rounds.
