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Kluisz.ai raises $9.6 Mn in seed round led by RTP Global

EntrackrEntrackr · 6m ago
Kluisz.ai raises $9.6 Mn in seed round led by RTP Global
Medial

Kluisz.ai raises $9.6 Mn in seed round led by RTP Global Enterprise AI infra startup Kluisz.ai has raised $9.6 million in a seed round led by RTP Global, making it one of the largest seed fundraises for an AI-focused deeptech company out of India in 2025 so far. The round also saw participation from Unicorn India Ventures, Blume Founders Fund, Climber Capital, and several strategic angels, including Oyo’s Ritesh Agarwal, Innov8’s Ritesh Malik, Aditya Virwani of Embassy Group, and others. Founded earlier this year by former Oyo COO and CPO Abhinav Sinha, ex-McKinsey partner Vamshidhar Reddy, and former Jio cloud executive Abhijeet Singh, Kluisz.ai is building a developer-first AI-native private cloud platform for enterprise use cases. The product aims to orchestrate AI workloads across hybrid, on-premise, edge, and sovereign cloud environments, with embedded security, observability, and automation. Kluisz.ai allows developers to define performance, compliance, or cost objectives while the platform auto-manages deployment and execution across infrastructure stacks. According to the company, the fresh proceeds will be used to scale the core engineering team in Bengaluru, accelerate product development, and onboard early design partners. The startup is initially targeting sectors like BFSI, manufacturing, and regulated industries with edge-heavy infrastructure. For RTP Global, this marks a deeper bet on AI infra emerging out of India. “Kluisz.ai is taking on a highly complex, globally relevant problem with a team that has done this at scale before,” said Madhur Makkar, Partner at RTP Global. The startup currently employs under 20 people and plans to expand rapidly over the next 12–18 months.

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Fashion brand Outzidr raises $3.1 Mn led by RTP Global

EntrackrEntrackr · 6m ago
Fashion brand Outzidr raises $3.1 Mn led by RTP Global
Medial

Fashion brand Outzidr raises $3.1 Mn led by RTP Global Co-founded in 2024 by Nirmal Jain, Mani Kant Mani, and Justin Mario, Outzidr is a digital-first fashion brand offering on-trend western wear for Indian women aged 18–28. The Bengaluru-based startup has raised Rs 27 crore (around $3.1 million) in a pre-Series A round led by RTP Global along with participation from existing investor Stellaris Venture Partners. Outzidr, a fashion brand built for Gen Z women, had previously raised Rs 30 crore (around $3.5 million) in a seed round led by Stellaris Venture Partners. The proceeds will be utilized for the next phase of growth, including the launch of its first exclusive offline store by March 2026 and expansion of its design, operations, and technology teams. Outzidr launches up to 2,000 new styles every month, or 500 every week, through its own D2C platform and leading marketplaces like Ajio, Myntra, and Nykaa Fashion. “Outzidr represents the energy of a new generation — fast-paced, fresh, and fearless,” said Nirmal Jain, Co-founder and CEO of Outzidr. “We’re building a brand that listens, learns, and reacts in real time. This fundraiser is a strong validation of our mission to become the everyday fashion choice for Gen Z women — and of the incredible team and opportunity we’re building for.” According to market research, India’s fast fashion market is currently valued at around $10 billion and is projected to surge to over $50 billion by FY 31, growing at a ~30% CAGR. In just five months, the brand claims to have gained more than 100,000 customers. It primarily competes with other notable players in this space such as NEWME, Zudio, and Style Union.

Climate-tech startup Varaha raises $20 Mn in Series B led by WestBridge Capital

EntrackrEntrackr · 1d ago
Climate-tech startup Varaha raises $20 Mn in Series B led by WestBridge Capital
Medial

Climate-tech startup Varaha has raised $20 million in the first tranche of its Series B round led by WestBridge Capital. Existing investors RTP Global and Omnivore also participated. The Series B round is sized at around $45 million. The funding comes after a gap of two years since Varaha raised its $8.7 million Series A round led by RTP Global in February 2024. The proceeds will be used to expand Varaha’s global footprint, strengthen its scientific and measurement, reporting and verification (MRV) systems, and scale a new industrial partnership model focused on biochar-based carbon removal. Co-founded in 2022 by Madhur Jain, Ankita Garg and Vishal Kuchanur, Varaha develops carbon removal projects across biochar, afforestation and reforestation, regenerative agriculture, and enhanced rock weathering. The company operates projects across India and other parts of South Asia and Africa, working closely with local operators and smallholder farmers. Alongside the funding, Varaha has launched the Varaha Industrial Partners Program (VIPP). Through this program, industrial operators with biomass and gasification capabilities can partner with Varaha to generate verified carbon removal credits using its MRV platform and carbon credit origination infrastructure. Varaha has signed long-term carbon offtake agreements with global companies including Google and Microsoft, and has delivered a large volume of durable carbon removal credits to date. The Gurugram-based company currently runs over 20 carbon projects across India, Nepal, Bangladesh, Bhutan, and Ivory Coast.

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