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15 May 2025
Yudiz Clarifies: No 25% Stake Acquired in Trulot; Cites Typographical Error
Yudiz Solutions has clarified that its previously announced 25% stake acquisition in Trulot Technologies Pvt Ltd was a typographical error. The company stated that no such acquisition has occurred, and the earlier disclosure was incorrect. Yudiz is taking steps to rectify the mistake and ensure accurate information is provided moving forward.
15 May 2025
Zenergize Secures $2M to Scale Up 'Made in India' EV Fast Charger Production
Zenergize, an EV charger manufacturer, has secured $2 million in seed funding led by Delhivery cofounder Mohit Tandon and Aspiring Minds founder Himanshu Aggarwal. Founded in March 2025 by IIT Bombay alumni Navneet Daga and Veer Karan Goyal, the Gurugram-based startup plans to use the funds to accelerate production of 'Made in India' AC and DC fast chargers and solar inverters at its Parwanoo facility in Himachal Pradesh
15 May 2025
Hocco Secures $10M to Double Production and Expand Across India
Premium ice cream brand Hocco has raised $10 million in the first tranche of its $20 million Series B funding round, co-led by the Chona Family Office and Sauce VC. The Ahmedabad-based company plans to use the capital to double its production capacity, strengthen cold-chain infrastructure, and expand into new markets across India. Hocco, founded by the Chona family—former owners of Havmor—aims to increase its revenue from ₹220 crore in FY25 to ₹420–₹450 crore in FY26. The company is also exploring a potential IPO in the near future
15 May 2025
India Family Mart Secures $12M in Series D to Expand Retail Footprint
India Family Mart has raised $12 million in Series D funding to expand its retail presence from 67 to 100 stores across North and East India. The value retail chain plans to utilize the funds for store expansion and operational enhancements. This growth aims to strengthen its footprint in Tier 2 and Tier 3 cities, catering to the demand for affordable fashion and lifestyle products
15 May 2025
BAT VC Launches $100M Fund to Propel Indian AI Startups
New York-based venture capital firm BAT VC has unveiled a $100 million fund aimed at early-stage AI, fintech, and SaaS startups in India and the US. Led by ex-Twitter India head Manish Maheshwari, the fund seeks to capitalize on India's burgeoning AI sector, projected to reach $23 billion by 2027. BAT VC's strategy includes investing before product-market fit and facilitating cross-border scaling
15 May 2025
VFlowTech Secures $20.5M to Scale Long-Duration Energy Storage Solutions
Singapore-based energy storage startup VFlowTech has raised $20.5 million in a funding round led by Granite Asia. The capital will support the expansion of its vanadium redox flow battery (VRFB) technology, which offers scalable, long-duration energy storage with a lifespan of up to 25 years. This investment underscores growing interest in sustainable energy infrastructure across Asia.
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