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Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr · 6m ago
Stride Green raises $3.5 Mn in seed round
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Stride Green raises $3.5 Mn in seed round Gurugram-based climate-tech platform Stride Green has raised $3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with participation from other strategic investors. The proceeds will be used to expand the team, enhance its technology platform, and support its growth across India's clean energy transition sectors, including electric mobility, battery storage, and renewable energy. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green provides asset financing and lifecycle management solutions tailored for sustainable businesses. It uses its proprietary tech stack to offer real-time analytics, alerts, and operational insights aimed at improving asset performance and longevity. The platform currently manages over 3,000 cleantech assets and collaborates with original equipment manufacturers and logistics firms. Stride Green facilitates leasing and financing solutions for these sectors, enabling companies to scale sustainably. Stride Green is also planning geographical and vertical expansion to deepen its role within the climate-tech space.

Tsalla Aerospace raises $1 Mn in maiden funding round

EntrackrEntrackr · 1m ago
Tsalla Aerospace raises $1 Mn in maiden funding round
Medial

Snippets Tsalla Aerospace raises $1 Mn in maiden funding round Tsalla Aerospace has raised $1 million in its first external funding round led by Sunny Stalnaker, executive VP at ASML, with additional support from SIDBI and equity-free grants from the Ministry of Defence’s Innovations for Defence Excellence (iDEX) programme. The proceeds will be used to expand its autonomous systems platform and scale deployment for defence and industrial use cases. Founded in 2019 and incubated at the Indian Institute of Science (IISc), Tsalla Aerospace builds an AI-based autonomy stack for drones and unmanned systems. Its AI Pilot enables unmanned platforms to operate without GPS or communication support and aims to function with zero operator intervention. Tsalla works with the Indian Navy and Indian Army on multiple projects. These include confined-space reconnaissance systems, backpack-based VTOL platforms designed for single-person operation, and logistics use cases such as ship-to-ship delivery in difficult weather conditions. Tsalla competes with domestic defence and autonomy companies such as ideaForge, NewSpace Research & Tech, Sagar Defence, CRON Systems, and global dual-use autonomy developers. According to the company, it also plans to raise $8 million in a seed round to expand its autonomy stack, grow deployments in India and international markets, and enter new defence and industrial segments.

Nia.one raises $2.4 Mn in seed round from Elevar Equity

EntrackrEntrackr · 24d ago
Nia.one raises $2.4 Mn in seed round from Elevar Equity
Medial

Nia.one, a full-stack platform for gig and blue-collar workforce, has raised $2.4 million in seed funding from Elevar Equity. The proceeds will be used to expand the company’s Niadel hubs across major cities and employment corridors, combining jobs, housing, and daily essentials for gig workers under one integrated ecosystem. Founded in August 2024 by Sachin Chhabra and Lt. Col. Pushkar Raj, Nia.one operates a phygital model that connects migrant and gig workers to verified jobs, affordable housing, meals, mobility, and community services. The platform currently serves 3,000 workers across 50 cities and plans to scale to over 8,000 workers in the coming quarters. The hubs are located within one kilometer of large worksites in logistics, warehousing, and manufacturing zones. Jyotsna Krishnan, Managing Partner at Elevar Equity, said, “Nia.one focuses on gig workers as entrepreneurial households. Its integrated model improves both worker retention and enterprise performance.” Nia.one’s architecture combines four elements, Flow (jobs), Studio (housing and essentials), Tribe (community), and Rafiki (AI assistant), creating a sustainable, capital-efficient system for India’s fast-growing gig economy.

Porter raises $200 Mn led by Kedaara and Wellington Management

EntrackrEntrackr · 7m ago
Porter raises $200 Mn led by Kedaara and Wellington Management
Medial

Porter, an on-demand goods transport agency, has raised $200 million in its Series F funding round, led by Kedaara Capital and Wellington Management. Existing investor Vitruvian Partners also participated in the round, which is a combination of primary investment and secondary share sales by select existing shareholders. As per several media reports, the company has been valued at $1.1-1.2 billion, making it the third unicorn of 2025. Netradyne and Juspay also achieved the feat in January and April respectively. However, Porter did not disclose its current valuation. The fresh round has come after a gap of three and a half years for the Bengaluru-based company. It raised $100 million Series E round led by Tiger Global and Vitruvian Partners in October 2021 at a valuation of around $500 million. Porter company provides a full-stack logistics platform to help businesses optimize their last-mile delivery operations. It primarily serves micro, small, and medium enterprises (MSMEs) and has expanded its presence to over 20 cities in India. For the fiscal year ending in March 2024, Porter’s revenue from operations grew 55.9% to Rs 2,733.8 crore. Despite rising expenses, the firm managed to cut down its losses by 45% to Rs 95.7 crore against Rs 174.6 crore in FY23. The Arch reported that Porter’s scale has jumped 55% to Rs 4,300 crore in FY25.

Ripplr raises $45 Mn from SBI and existing investors

EntrackrEntrackr · 10d ago
Ripplr raises $45 Mn from SBI and existing investors
Medial

Ripplr raises $45 Mn from SBI and existing investors Distribution and supply chain platform Ripplr has raised $45 million in its Series C round from State Bank of India (SBI) and existing investors. Its existing backers include 3one4 Capital, Zephyr Peacock, and Sojitz Corporation. A recent Moneycontrol report said that about $30 to 32 million will come in as primary capital, while roughly $10 million will be raised through a secondary component. Before this, the company raised over $56 million across equity and debt. Ripplr, founded by Abhishek Nehru and Santosh Dabke, runs a tech-first and full-stack distribution network that helps brands digitize and manage their operations from demand to delivery. The platform brings together logistics, on ground execution, inventory intelligence and retailer relationships into one unified layer. The company claims it now reaches about 100,000 retailers and processes hundreds of thousands of orders each month. Ripplr has built this scale by delivering reliable execution in a challenging distribution landscape that demands strong operations and a robust tech backbone. The platform manages supply chains for major consumer companies such as Unilever, Nestle, Tata, Godrej, Nivea and Dabur. According to startup data intelligence platform TheKredible, Ripplr’s gross revenue grew by 13% to Rs 1,164 crore in FY25 from Rs 1,028 crore in FY24. The firm posted a loss of Rs 91 crore in FY25, almost identical to Rs 90 crore in the previous year.

Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round

EntrackrEntrackr · 2m ago
Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round
Medial

Snippets Space tech startup Akashalabdhi raises $1.2 Mn in pre-seed round The proceeds will be used to develop ANTARIKSHAB, an expandable space habitat designed for orbital logistics, microgravity experiments, space habitation, and defense applications. Akashalabdhi, a space tech startup developing expandable space habitats and dual-use defense technologies, has raised $1.2 million in a pre-seed funding round from Uday Chatterjee, Romesh Sobti, Suraj Nalin, LVX, 1Crowd, and Riceberg Ventures. "Our vision is clear. We want to put India at the forefront of orbital infrastructure and space habitation by innovating dual-use technologies. The successful close of our pre-seed funding round is a significant milestone that brings us closer to this goal. With the support of our investors, we are one step closer to making ANTARIKSHAB a global reality,” said Siddharth Jena, Founder of Akashalabdhi. Incubated at FSID, Indian Institute of Science (IISc), and TIDES, IIT Roorkee, and supported by KickSky Accelerator, the company leverages research and mentorship to transform visionary concepts into scalable solutions.

Cross-border logistics startup Xindus bags $10 Mn in pre-Series A round

EntrackrEntrackr · 8m ago
Cross-border logistics startup Xindus bags $10 Mn in pre-Series A round
Medial

Cross-border logistics startup Xindus bags $10 Mn in pre-Series A round The proceeds will be used to expand its operations, scale from 1,000 to 10,000 customers over the next 12–18 months, and drive gross merchandise value to $200 million, Xindus said in a press release. Cross-border logistics startup Xindus has raised $10 million in a pre-Series A funding round from 3One4 Capital and Orios Venture Partners. The round also saw participation from its existing investors, Shastra VC and Caret Capital. The company had previously raised $5.46 million from its existing investors. The proceeds will be used to expand its operations, scale from 1,000 to 10,000 customers over the next 12–18 months, and drive gross merchandise value to $200 million, Xindus said in a press release. Co-founded in 2022 by Saurabh Goyal, Madan Mohan, Jaikaar Singh, and Saptarshi Datta, Xindus simplifies cross-border trade through an integrated platform that helps businesses sell, ship, store, return, and get paid internationally. The company plans to introduce its flagship product, XindusOne, which will empower Indian SMEs to access global markets, streamline order fulfillment, ship worldwide, and navigate trade compliance and financial flows seamlessly. The Gurugram-based company eliminates the hassles of complex trade regulations, which most businesses struggle to keep up with. The company focuses on delivering fast, compliant growth at scale, so businesses can focus on selling and expanding across borders. According to market research, India is progressing from a $400 billion export economy toward surpassing $1 trillion. Xindus states that it has designed its platform to support sellers through dynamic policy shifts. Its tech-driven, full-stack approach provides businesses with an on-demand operational engine, akin to Amazon, Alibaba, Temu, and Shein—leveling the playing field and enabling SMEs to scale efficiently. Xindus claims to have a presence in markets such as the US and UK and aims to expand to Canada, Australia, Europe, and the Middle East. The company also claims to have supported over 1,000 SMEs and more than 500K global shipments. With over 200 marketplace integrations, it has reduced trade complexity and costs by 20%, with a 98.4% on-time delivery performance. The XindusOne stack allows businesses to configure the right global strategy, spanning international shipping, local fulfillment, trade and product compliance, and embedded legal entity services.

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