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Auxano Capital exits Wiom with 7x return via secondary sale

EntrackrEntrackr · 16d ago
Auxano Capital exits Wiom with 7x return via secondary sale
Medial

Auxano Capital exits Wiom with 7x return via secondary sale Auxano Capital has exited its investment in Wiom, a public internet infrastructure startup, delivering a 7x return through a secondary transaction. The exit was made via Auxano’s pre-fund Special Purpose Vehicle (SPV), marking its second full exit. Last month, the Delhi-based internet services company raised $40 million in a new funding round led by Bertelsmann India Investments and Accel. Previously, it had raised $17 million in a Series A round led by RTP Global in July 2023. Wiom, originally founded in 2015 as i2e1 and rebranded in 2021, has grown into India’s largest licensed Public Data Office Aggregator (PDOA) under the Government’s PM-WANI framework. It operates an asset-light model by aggregating surplus bandwidth from local cable operators and reselling it through its proprietary router software and centralized backend. This allows the company to offer affordable internet access in areas where traditional broadband rollout is cost-prohibitive. Auxano had first backed Wiom in 2017 and followed up with another round in 2021. It actively supported the company through strategic and operational pivots. The firm focuses on investing in early-stage disruptive ventures across fintech, healthtech, sustainability, and Industry 4.0.

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

EntrackrEntrackr · 16d 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.

SydeLabs raises $2.5 Mn led by RTP Global

EntrackrEntrackr · 1y ago
SydeLabs raises $2.5 Mn led by RTP Global
Medial

AI security and risk management startup SydeLabs has raised $2.5 million in its seed round led by RTP Global. The round also saw participation from Picus Capital and marquee angel investors such as Kunal Shah and Sai Srinivas Kiran. The startup will use the funds for research and development (R&D) and to build on its existing product portfolio. Founded by Ruchir Patwa and Ankita Kumari, SydeLabs offers solutions to identify security and safety vulnerabilities in enterprise AI systems and prevent them in real time, helping mitigate cybersecurity attacks and abuse. SydeLabs is look to do partnerships with large language model (LLM) operation providers to distribute its product. It is also working on tools to help enterprises achieving compliance for their AI applications across geographies. The firm plans to clock $1 million in annual recurring revenue (ARR) by the end of 2024. Early-stage venture capital firm RTP Global claims to have made over 110 investments worldwide. Its notable investments include Datadog, DeliveryHero, CRED and SumUp.

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