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Astra Security raises $2.7 million from Emergent Ventures, others

Economic Times

Economic Times · 10m ago

Astra Security raises $2.7 million from Emergent Ventures, others

Astra Security, a New Delhi-based cybersecurity startup, secured $2.7 million in funding led by Emergent Ventures, with participation from The Neon Fund, Better Capital, Blume Ventures, and PointOne Capital. The funds will enhance Astra's capabilities in cloud vulnerability detection and AI-based security solutions. Astra facilitates continuous penetration testing for over 800 engineering teams across 70 countries, uncovering thousands of vulnerabilities daily, and saved customers $69 million in potential losses last year.

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Emergent Ventures leads $2.7 Mn round in Astra Security

Entrackr

Entrackr · 10m ago

Emergent Ventures leads $2.7 Mn round in Astra Security

Snippets Emergent Ventures leads $2.7 Mn round in Astra Security Security platform Astra Security has raised $2.7 million in a growth capital round led by Emergent Ventures, along with participation from the Neon Fund, Better Capital, Blume Ventures, and PointOne Capital. The fresh funds will be utilized to accelerate development, enhance capabilities to uncover vulnerabilities in cloud environments, and double down on its focus on using AI to enable developers and security engineers to build security detections, Astra said in a press release. Co-founded in 2018 by Shikhil Sharma and Ananda Krishna, Astra Security is a cybersecurity SaaS company that simplifies otherwise chaotic penetration testing with its Pentest Platform. The company’s AI-powered offensive vulnerability scanning engine emulates hacker behavior to scan applications for over 10,000 security tests. The platform helps businesses fix vulnerabilities in record time and transition from DevOps to DevSecOps with its CI/CD integrations. Last year, Astra reported uncovering nearly 5,500 vulnerabilities per day for its customers with its AI-powered pentest platform. This number is expected to increase threefold by the end of the year. More than 25% of its customers were mid-sized and large companies, including Loom, HackerRank, ITC, Olx Autos, Mamaearth, Muthoot Finance, Bonusly, Singapore Trade Exchange, Oscilar, the University of Cambridge, CompTIA, and Prime Healthcare. Astra claims that over 800 engineering teams across 70+ countries use its AI-powered platform, which continuously mimics hacker behavior to check applications for vulnerabilities through fast detections. This includes PTaaS (Penetration Testing as a Service), a DAST vulnerability scanner, and an API Security Platform, all working together to detect over 13,000 vulnerabilities. Last year, Astra helped its customers discover and prioritize the remediation of over two million vulnerabilities, saving them more than $69 million in potential losses due to security threats.

Emergent gets strategic investment from Google’s AI Futures Fund - The Economic Times

Economic Times

Economic Times · -5726s ago

Emergent gets strategic investment from Google’s AI Futures Fund - The Economic Times

Emergent, an Indian vibe coding startup founded by Mukund and Madhav Jha, enables non-technical users to develop full-stack applications using autonomous AI agents without needing technical teams. Achieving 2.5 million users and $25 million ARR in five months, Emergent secured strategic investment from Google's AI Futures Fund, gaining access to advanced AI models and support. The investment, alongside previous funding from Lightspeed and others, supports user expansion, team building, and technology enhancement while addressing security challenges.

Identity security startup Veza raises $108 million in round led by New Enterprise Associates

Economic Times

Economic Times · 7m ago

Identity security startup Veza raises $108 million in round led by New Enterprise Associates

Veza, an identity security startup, secured $108 million in a funding round led by New Enterprise Associates, with participation from Atlassian Ventures, Workday Ventures, and others. The funds will support global expansion and product development. Founded in 2020, Veza helps organizations secure enterprise-wide access, serving clients like Wynn Resorts and Expedia. The firm reported strong growth, more than doubling its annual recurring revenue and experiencing high customer retention. Veza addresses modern identity security needs with innovative solutions.

SimYog raises Rs 20 crore in funding from Mela Ventures, 1Crowd, IdeaSpring

Economic Times

Economic Times · 1y ago

SimYog raises Rs 20 crore in funding from Mela Ventures, 1Crowd, IdeaSpring

SimYog raises ₹20 crore funding led by Mela Ventures, 1Crowd, and IdeaSpring. SimYog, an AI-based semiconductor simulation startup, has secured ₹20 crore ($2.7 million) in a funding round led by Mela Ventures, with participation from 1Crowd and IdeaSpring. The funds raised will be used for product development and expanding the team.

Indian vibe coding startup Emergent gets strategic investment from Google’s AI Futures Fund - The Economic Times

Economic Times

Economic Times · -5078s ago

Indian vibe coding startup Emergent gets strategic investment from Google’s AI Futures Fund - The Economic Times

Emergent, a vibe coding startup founded by Mukund and Madhav Jha in 2025, enables non-technical users to build applications using autonomous AI agents without code. The company, having achieved $25 million in ARR and 2.5 million users within five months, recently received strategic investment from Google's AI Futures Fund. This partnership grants access to Google's AI models and technical support. Emergent prioritizes security for its cloud-deployed apps, catering primarily to non-technical users.

Y Combinator-backed AI startup Crux raises $2.6 million in funding

Economic Times

Economic Times · 1y ago

Y Combinator-backed AI startup Crux raises $2.6 million in funding

Y Combinator-backed AI startup Crux has secured $2.6 million in seed funding. The funding round was led by Emergent Ventures, with participation from Y Combinator and Neon Fund. Crux, founded in 2022, helps B2B SaaS teams build embedded AI copilots that can answer questions about business data in plain language. The startup has received support from industry veterans in product and technology. Crux has gone through multiple pivots before arriving at its current form.

Unicorn B2B startup Zetwerk raises $120M led by Avenir Growth Capital, others

IndianStartupNews

IndianStartupNews · 2y ago

Unicorn B2B startup Zetwerk raises $120M led by Avenir Growth Capital, others

B2B manufacturing marketplace Zetwerk has raised about $118 million in a funding round led by Avenir Growth Capital, valuing the company at $2.7 billion. The round also saw participation from investors like Footpath Ventures, Greenoaks Capital, Steadview Capital, D1 Capital, and Lightspeed. Zetwerk offers a managed marketplace for contract manufacturing and serves over 100 customers worldwide. This comes after the company raised $210 million in a Series F funding round in 2021, bringing its total funding raised to over $770 million.

Google’s AI Futures Fund backs Mukund Jha’s Emergent

Entrackr

Entrackr · -6070s ago

Google’s AI Futures Fund backs Mukund Jha’s Emergent

Snippets Google’s AI Futures Fund backs Mukund Jha’s Emergent AI-led software creation startup Emergent has raised a strategic investment from Google AI Futures Fund. The funding is part of Google’s AI Futures Fund, launched in May 2025 to support early-stage AI companies with capital. The development comes soon after Emergent’s $23 million in Series A funding led by Lightspeed, with participation from Together Fund and others. The new funding will be used to speed up hiring, product development, and global expansion, Emergent said in a press release. It also plans to use Google’s AI infrastructure and models to improve agent performance, product reliability, and platform scale as demand grows across global markets. Emergent said that it is expanding its presence among freelancers, startups, and side-hustle founders who need fast software deployment without engineering teams. Founded in 2025 by Mukund Jha (former co-founder of Dunzo) and his brother Madhav Jha, Emergent allows users to convert ideas into production-grade applications using autonomous AI agents, removing the need for developers or technical co-founders. The platform targets entrepreneurs, small businesses, creators, and solo founders who want to build software without coding skills. The startup claims it has crossed 2.5 million users globally within five months of launch and has surpassed a $25 million annual recurring revenue (ARR) run rate.

UptimeAI raises $14 Mn in Series A round

Entrackr

Entrackr · 1y ago

UptimeAI raises $14 Mn in Series A round

Artificial intelligence startup UptimeAI has raised $14 million in its Series A funding round led by WestBridge Capital. The round also saw participation from existing investor Emergent Ventures and new investor Aditya Birla Ventures. UptimeAI will use the proceeds to scale up its tech platform, expand product portfolio and presence in North America, Middle East and Asia. The company has bases in Bengaluru and San Francisco as well. Five-year-old UptimeAI creates AI-based solutions that help plant operators maximise efficiency and reliability. As per the company, its team has core competency in areas including power, oil and gas, chemicals, metals, and aerospace among others. UptimeAI’s four modules include – connect the dots, no code predictive alerts, inferencing engine for prescriptive actions, and continuous self-learning. It has a patented system and method for monitoring complex structures to identify the root cause of inefficiencies. In September last year, Bharat Petroleum Corporation Limited (BPCL) tied up with UptimeAI to optimize operational efficiency. Led by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI was one of the selected startups in the YourNest SOAR Program. In February 2021, UptimeAI also raised $1.5 million in seed funding from YourNest Venture Capital and angel investors. UptimeAI competes with Tiger Global-backed Infinite Uptime, which raised $18.85 million in a round in May last year. Other global competitors include Sight Machine , Prospection SparkCognition, and Augury.

Digital real estate platform Alt DRX raises $2.7 million in new funding round

Economic Times

Economic Times · 7m ago

Digital real estate platform Alt DRX raises $2.7 million in new funding round

Alt DRX, a digital real estate startup, raised Rs 23 crore ($2.7 million) in funding from investors including Qatar Development Bank and nX Capital. The company aims to make residential real estate accessible by enabling tokenized property purchases using blockchain technology. With funds dedicated to customer acquisition and tech strengthening, Alt DRX seeks to revolutionize real estate investment for digital-first users. Supported by XRPL Ripple’s infrastructure, it ensures transparency and security in digital real estate ownership.

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