Funding News
Stay updated with the latest startup funding news, venture capital rounds, seed investments, and financial trends from Economic Edge. Have something on your mind? We welcome your feedback, corrections, or story ideas that could inform our coverage. 📧 Email us at: reconomicedge24@gmail.com
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Qapita’s $26.5M Schwab-Led Boost: A Game-Changer for Indian Fintech’s Global Equity Play
In a move that could redefine equity management for startups worldwide, Singapore-headquartered fintech Qapita has secured a robust $26.5 million in Series B funding, spearheaded by American brokerage behemoth Charles Schwab Corporation. This strategic infusion, announced yesterday, not only propels the India-origin platform deeper into the lucrative U.S. market but also cements a pivotal partnership aimed at challenging the dominance of established players like Carta. For Indian entrepreneurs eyeing global expansion, Qapita’s ascent signals a triumphant homecoming of sorts—proof that homegrown talent, nurtured in Bengaluru’s innovation hubs, can scale to Silicon Valley’s heights. The funding round, which brings Qapita’s total capital raised to over $80 million, saw participation from existing…
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WaterScience Secures ₹1.4 Crore from Velocity to Amplify Non-Drinking Water Filtration Innovation
Breakthrough Funding Boost: Asaya Skincare Secures Rs 28 Crore to Revolutionize Indian Beauty Innovation
kin Global Raises $1 Million in Pre-Series A Funding to Enhance IoT Smart Lock Solutions
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Gullak’s Stellar $7.5M Series A Boost Signals Golden Era for Digital Savings
Focus Keyword: Gullak Funding A Fresh Infusion for India’s Gold Savings Pioneer In a resounding endorsement of digital gold’s transformative potential, Bengaluru-based Gullak has secured $7.5 million in Series A funding, led by Chiratae Ventures. The round drew participation from White Venture Capital, Samved Ventures, and existing investors including Y Combinator, GMO Fintech Fund, and Rebel Fund. This capital injection propels Gullak’s total funding beyond $12 million, underlining investor confidence in its mission to modernize India’s age-old affinity for gold savings through innovative fintech solutions. Strategic Deployment: Expanding Horizons and Forging Alliances Gullak plans to channel the funds into amplifying its brand, ramping up marketing efforts, and penetrating deeper into…
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Breakthrough Funding Boost: Asaya Skincare Secures Rs 28 Crore to Revolutionize Indian Beauty Innovation
In a resounding vote of confidence for science-driven beauty solutions, Asaya Skincare’s latest funding round signals a bright future for targeted skincare in India, empowering rapid expansion and cutting-edge research. Funding Milestone Achieved Asaya, a pioneering skincare brand specializing in research-backed solutions for Indian skin concerns, has successfully raised Rs 28 crore in its pre-Series A funding round. This investment was spearheaded by RPSG Capital, one of India’s premier consumer-focused venture capital firms. Adding strategic depth, the round also features participation from Suyash Saraf and Anisha Agarwal Saraf, the co-founders of Dot & Key, alongside continued support from existing investors OTP Ventures and Huddle Ventures. This capital infusion comes at…
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kin Global Raises $1 Million in Pre-Series A Funding to Enhance IoT Smart Lock Solutions
Qapita’s $26.5M Schwab-Led Boost: A Game-Changer for Indian Fintech’s Global Equity Play
EleFant, a toy library based in Mumbai and operating through a mobile app, received Rs 6 crore ($750K) in seed funding co-led by Venture Catalysts and Malpani Ventures.
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WaterScience Secures ₹1.4 Crore from Velocity to Amplify Non-Drinking Water Filtration Innovation
WaterScience, a pioneering force in non-drinking water filtration, has raised ₹1.4 crore in a fresh funding round from Velocity, a growth capital platform backed by Peter Thiel’s Valar Ventures. This investment, announced on September 3, 2025, marks a significant milestone in WaterScience’s mission to transform water quality solutions for Indian households, bringing its total funding from Velocity to ₹7 crore since 2020. Driving Growth and Innovation The newly secured capital will propel WaterScience’s ambitious expansion plans, focusing on three key areas: scaling operations, amplifying brand marketing, and diversifying its product portfolio. The company aims to solidify its position as a comprehensive water solutions provider by introducing innovative categories tailored to…
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EleFant, a toy library based in Mumbai and operating through a mobile app, received Rs 6 crore ($750K) in seed funding co-led by Venture Catalysts and Malpani Ventures.
Gullak’s Stellar $7.5M Series A Boost Signals Golden Era for Digital Savings
Qapita’s $26.5M Schwab-Led Boost: A Game-Changer for Indian Fintech’s Global Equity Play
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Elev8 Venture Partners Boosts Indian Startups with Rs 1,400 Crore Maiden Fund Success
Introduction On September 1, 2025, Elev8 Venture Partners, headquartered in Bengaluru, celebrated the closure of its first-ever fund at Rs 1,400 crore (approximately $160 million), a major win for India’s startup ecosystem. Led by Navin Honagudi, an experienced investor with over 15 years in the field, Elev8 is set to empower high-growth, tech-focused startups navigating a complex global venture capital landscape. The fund aims to fill the critical funding gap for Series B and C-stage companies, fueling India’s innovation surge. Fund Objectives and Approach Supporting Growth-Stage Innovators Elev8’s debut fund targets growth-stage startups in high-potential sectors like fintech, consumer internet, healthtech, and enterprise software, capitalizing on India’s digital transformation. The…
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kin Global Raises $1 Million in Pre-Series A Funding to Enhance IoT Smart Lock Solutions
Ikin Global, a provider of IoT-based smart lock solutions, has raised $1 million in a pre-Series A funding round. The round was led by Unicorn India Ventures and Callapina Capital, with additional support from existing investors. The funds will be used to bolster the company’s product offerings with advanced AI-powered features, enhanced sensors, and solutions tailored for specific industries. Plans for Expansion and Product Enhancement The company plans to leverage the capital to refine its smart lock product lineup and integrate cutting-edge technologies, including artificial intelligence and advanced sensors. Additionally, Ikin Global aims to extend its operations across India, the United States, and Europe, with plans to expand teams in…
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EleFant, a toy library based in Mumbai and operating through a mobile app, received Rs 6 crore ($750K) in seed funding co-led by Venture Catalysts and Malpani Ventures.
Key Points Seed Funding Success: EleFant, a Mumbai-based mobile app-based toy library, secured Rs 6 crore in seed funding co-led by Venture Catalysts and Malpani Ventures. Founding Vision: Founded in 2023 by Sourabh Jain, EleFant aims to transform how Indian families engage with toys and play, offering a diverse selection of toys and books for children aged 0-12 years. Strategic Use of Funds: The funding will be used to enhance supply chain efficiency, reduce delivery times, and invest in data analytics to improve customer service. Mumbai, India – EleFant, a Mumbai-based mobile app-based toy library, has recently concluded a successful seed funding round, raising Rs 6 crore ($750K) co-led by…
