Startup Investment Highlights: June 14–20
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
India's startup ecosystem continues to thrive across diverse sectors, from fintech and mobility to education finance and electric vehicles. Driven by innovative founders and strategic investments, these ventures are solving unique problems while tapping into underserved markets. Let's take a look at six promising Indian startups that have recently made headlines for their business models, funding rounds, and impact in their respective domains.
Spinny
Founded in 2015 by Niraj Singh, Mohit Gupta, Ramanshu Mahaur, and Ganesh Pawar, Spinny is a Gurugram-based tech-enabled used car platform. It offers a seamless online-to-offline (O2O) car buying and selling experience, including end-to-end services such as vehicle inspection, financing options, and service warranties.
Funding Amount: USD 30.6 Million
Investors: WestBridge Capital
POP
Launched in 2023 by Bhargav Errangi, a former Flipkart executive, POP is a Bengaluru-based consumer platform that blends digital payments with e-commerce and credit. It integrates UPI payments, a D2C marketplace, and a co-branded RuPay credit card into a single ecosystem. The platform's key innovation is POPcoins, a brand-sponsored rewards currency that users can redeem across multiple partner merchants.
Funding Amount: USD 30 Million
Investors: Razorpay
Mahaveer Finance India
Founded in 1981 and led by brothers Praveen and Deepak Dugar, Mahaveer Finance India is a Chennai-based NBFC focused on used commercial vehicle financing. It serves first-time buyers, small fleet owners, and retail customers, enabling them to access funding and grow their transport businesses. With over four decades of experience, the company continues to meet niche financial needs in underserved markets.
Funding Amount: USD 24 Million
Investors: Elevation Capital, BanyanTree Finance, First Bridge Capital
CLR Facility Services
Pune-based CLR Facility Services was founded in 2002 by Gaurav and Gautam Pathak. The company offers comprehensive facility management solutions, including cleaning, mechanical and engineering maintenance, and production support. CLR serves clients across industries, ensuring operational efficiency through professional-grade services and workforce management.
Funding Amount: USD 15 Million
Investors: British International Investment (BII)
Techfino
Established in 2019 by banking veterans Rajesh Panda, Jayaprakash Patra, and Ratikant Satapathy, Techfino is a Bengaluru-based NBFC using technology to provide tailored lending products. It offers secured loans for MSMEs and unsecured education loans via B2B2C partnerships with educational institutions. Operating in states like Karnataka, Gujarat, and Andhra Pradesh, Techfino has remained profitable since inception.
Funding Amount: USD 7.5 Million
Investors: Stellaris Venture Partners, Saison Capital
Oben Electric
Founded in August 2020 by Madhumita Agrawal, Dinkar Agrawal, and Sagar Thakkar, Oben Electric is a Bengaluru-based startup manufacturing electric motorcycles and critical EV components. In addition to battery systems and vehicle control units, the company also provides fast-charging solutions for home use, aiming to build a sustainable and accessible electric mobility ecosystem.
Funding Amount: USD 5.76 Million
Investors: Helios Holdings, Sharda family office, Kay family, and others
Spinny, POP, Mahaveer Finance, CLR Facility Services, Techfino, and Oben Electric each represent the dynamism and resilience of India's startup landscape.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
30 minutes ago
- Yahoo
PathAI and Moffitt Cancer Center Announce Strategic Collaboration to Deploy the AISight® Dx Digital Pathology Platform and Advance AI Diagnostics
Partnership includes joint collaboration initiatives to improve precision medicine and accelerate innovation in cancer pathology BOSTON, Mass., and TAMPA, Fla., Aug. 21, 2025 (GLOBE NEWSWIRE) -- PathAI, a global leader in artificial intelligence and digital pathology solutions, and Moffitt Cancer Center, one of the nation's top cancer hospitals and a leader in cancer research, today announced a multi-year strategic collaboration to deploy PathAI's digital pathology platform, AISight® Dx, across Moffitt's pathology programs to transform cancer detection and innovation. AISight® Dx, is PathAI's cloud-native digital pathology image management system designed to support both laboratory workflow and translational research use cases. It combines enterprise-scale slide management, viewing, and collaboration with seamless AI integration, driving scalable pathology operational efficiencies and enhanced speed and accuracy. The partnership also establishes a framework for joint research programs, collation of real-world multimodal data, initiatives to support clinical trials and biopharma collaborations, and the co-development of next-generation AI-based diagnostics to enhance precision medicine. 'We are thrilled to partner with Moffitt Cancer Center, an institution renowned for its commitment to innovation and excellence in cancer care,' said Andy Beck, MD, PhD, CEO and Co-Founder of PathAI. 'By deploying AISight® Dx and building this strategic partnership, we're equipping Moffitt's pathologists and researchers with cutting-edge tools to support diagnosis, streamline operations, and unlock novel insights from pathology data.' 'This collaboration aligns perfectly with Moffitt's mission to contribute to the prevention and cure of cancer through transformative care, cutting-edge science and innovation,' said Karen Lu, MD, executive vice president and physician-in-chief at Moffitt Cancer Center. 'By deploying AISight® Dx into our pathology infrastructure, we're taking a significant step forward in the integration of AI-driven technology into clinical oncology, enabling faster, more accurate pathologist review. 'Adopting cutting-edge digital pathology technologies is key to driving Moffitt's vision for a true digital transformation, one that unlocks a wealth of pathology data and seamlessly integrates it with imaging and clinical insights to deliver truly personalized patient care,' said William Westra, MD, vice chair of Pathology at Moffitt Cancer Center. 'By partnering with PathAI, we're laying the groundwork for next-generation oncology research that will shape future AI-powered care models, while building on PathAI's and Moffitt's legacy of advancing cancer pathology, innovative therapies, and breakthrough diagnostics.' Together, PathAI and Moffitt Cancer Center aim to redefine the role of digital pathology and AI in cancer care, setting a precedent for how cutting-edge technologies and clinical expertise can converge to drive meaningful improvements in pathology. For more information about PathAI, or AISight Dx, please contact or visit 1AISight® is for Research Use Only in the US; AISight® Dx is FDA-cleared for primary diagnosis in the US, and is CE‑IVD–marked for primary diagnosis in the EEA, UK, and Switzerland. About PathAI PathAI is a leading provider of integrated AI and digital pathology solutions dedicated to transforming workflow and operational efficiency in pathology labs worldwide. Through innovative technologies and strategic partnerships, PathAI aims to enhance patient outcomes and drive the future of medical diagnostics. For more information, visit About Moffitt Cancer Center Moffitt is dedicated to one lifesaving mission: to contribute to the prevention and cure of cancer. The Tampa-based facility is one of only 57 National Cancer Institute-designated Comprehensive Cancer Centers, a distinction that recognizes Moffitt's scientific excellence, multidisciplinary research, and robust training and education. Moffitt's expert nursing staff is recognized by the American Nurses Credentialing Center with Magnet® status, its highest distinction. For more information, call 1-888-MOFFITT (1-888-663-3488), visit and follow the momentum on Facebook, X, Instagram and YouTube. Company Contact Liz Storti Chief People Officer Media Contact Owen Blaschak LifeSci Communications oblaschak@
Associated Press
33 minutes ago
- Associated Press
SWIVEL Named a Finovate Awards 2025 Finalist for Best Enterprise Payments Solution
SAN ANTONIO--(BUSINESS WIRE)--Aug 21, 2025-- SWIVEL ®, a subsidiary of SWBC, is a leading fintech company specializing in payment solutions. It was named a Finovate Awards 2025 finalist in the category for Best Enterprise Payments Solution. The Finovate Awards honor companies and financial institutions that excel in enterprise payments by balancing speed, ease of use, and reliability. This annual program celebrates the financial institutions and companies that are advancing fintech innovation, as well as the individuals who are bringing new ideas to life. This press release features multimedia. View the full release here: SWIVEL empowers financial institutions, K-12 education institutions, and companies to deliver seamless, secure, and modern payment experiences across every channel. From online and mobile to in-branch and interactive voice response (IVR), SWIVEL's self-service payment solutions are purpose-built for the unique needs of financial institutions. These seamless solutions are simple to deploy, require minimal overhead, and integrate directly into digital banking environments, enabling institutions to effortlessly connect with their customers and members, providing them with the flexibility and control they need. Additionally, SWIVEL's new Stored Cards feature allows registered account holders to securely save card details and designate them as primary payment methods, making transactions faster and minimizing errors, while the Connect to Core™ solution brings real-time infrastructure and modern connectivity to traditionally batch-based environments. 'Payments continue to evolve rapidly, and today's institutions and enterprises need more than just a payments provider. They need a partner that understands and can help them meet their shifting needs and demands, and a complete payment environment that allows them to succeed and thrive,' said Amanda Crocker, President of SWIVEL. 'SWIVEL is proud to be that partner for our over 2,000 clients nationwide, and we are deeply honored to be recognized by Finovate, further validating our commitment to helping businesses improve their payment processes and better navigate the modern payments environment.' The winners will be announced on September 9 at FinovateFall 2025 in New York. For more details and the full list of this year's finalists, please visit About SWIVEL SWIVEL offers a transaction enablement platform that simplifies the use of Apple Pay ®, VISA ®, Mastercard ®, and ACH for payments. The platform serves over 2,000 clients, including financial institutions, K-12 education institutions, and the software companies that support them. SWIVEL integrates with existing systems to manage payments, streamline operations, and provide user engagement tools. With tailored risk management controls for each transaction, SWIVEL helps businesses maintain compliance and improve payment processes. Find more information at Apple Pay®, VISA®, and Mastercard® are registered trademarks. View source version on CONTACT: Lisa Pinto SWBC / 210.382.1520 /[email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: SOFTWARE BANKING MOBILE/WIRELESS INTERNET PROFESSIONAL SERVICES FINTECH DATA MANAGEMENT PAYMENTS APPS/APPLICATIONS TECHNOLOGY SECURITY FINANCE SOURCE: SWIVEL Copyright Business Wire 2025. PUB: 08/21/2025 12:55 PM/DISC: 08/21/2025 12:55 PM
Bloomberg
33 minutes ago
- Bloomberg
Anthropic in Talks to Raise Up to $10 Billion in New Funding
Anthropic is nearing a deal to raise as much as $10 billion in a new round of funding, according to people familiar with the matter, a higher than expected sum and one of the largest megarounds to date for an artificial intelligence startup. The discussions are ongoing and the final amount could change, said the people, who spoke on condition of anonymity as the information is not public. Bloomberg News previously reported Anthropic was in advanced discussions to raise up to $5 billion in the round at a $170 billion valuation. The amount increased significantly due to strong investor demand, the people said.
