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Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr ยท 7m 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 ยท 2m ago
Tsalla Aerospace raises $1 Mn in maiden funding round
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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 Defenceโ€™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 ยท 2m ago
Nia.one raises $2.4 Mn in seed round from Elevar Equity
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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 companyโ€™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, โ€œNia.one focuses on gig workers as entrepreneurial households. Its integrated model improves both worker retention and enterprise performance.โ€ Nia.oneโ€™s architecture combines four elements, Flow (jobs), Studio (housing and essentials), Tribe (community), and Rafiki (AI assistant), creating a sustainable, capital-efficient system for Indiaโ€™s fast-growing gig economy.

Exclusive: Binny Bansalโ€™s Oppdoor raises additional $6.4 Mn from 3State Ventures

EntrackrEntrackr ยท 10d ago
Exclusive: Binny Bansalโ€™s Oppdoor raises additional $6.4 Mn from 3State Ventures
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Exclusive: Binny Bansalโ€™s Oppdoor raises additional $6.4 Mn from 3State Ventures Flipkart co-founder Binny Bansalโ€™s venture firm, 3State Ventures, has made an additional $6.4 million investment in its portfolio company Oppdoor Pte. Ltd, according to regulatory filings in Singapore reviewed by Entrackr. With this latest infusion, the total capital invested by 3State Ventures in Oppdoor has reached $14.35 million, the filings show. The investment has been made through tranches. Oppdoor is a Singapore-headquartered, technology-enabled managed services platform that helps consumer brands expand into global e-commerce markets. Rather than operating as a pure SaaS or logistics player, Oppdoor marked itself as a full-stack cross-border commerce enablement partner, handling marketplace operations for brands selling overseas. The startup reportedly works with emerging online brands looking to enter and scale in developed markets such as the US, UK, Europe, Canada, Japan, and Australia. Its services include managed marketplace operations, international compliance and taxation support, pricing and performance optimization, local partnerships, and operational execution across global marketplaces. The platform enables brands to sell internationally without setting up local entities or building in-house cross-border teams. Queries sent to Binny Bansal remained unanswered at the time of publishing. The company is a key part of Binny Bansalโ€™s entrepreneurial journey after his exit from Flipkart. Following the sale of Flipkart to Walmart and his eventual exit from the company, Bansal launched Three State Ventures, a privately funded investment firm backed largely by his personal capital. The firm invests across sectors, including commerce, logistics, fintech, healthcare, and education.

Porter raises $200 Mn led by Kedaara and Wellington Management

EntrackrEntrackr ยท 8m 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, Porterโ€™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 Porterโ€™s scale has jumped 55% to Rs 4,300 crore in FY25.

Ripplr raises $45 Mn from SBI and existing investors

EntrackrEntrackr ยท 1m ago
Ripplr raises $45 Mn from SBI and existing investors
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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, Ripplrโ€™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.

Payment infra startup Mylapay raises $1 Mn

EntrackrEntrackr ยท 12d ago
Payment infra startup Mylapay raises $1 Mn
Medial

Chennai-based payment infrastructure startup Mylapay has raised $1 million as part of an ongoing funding round, ahead of its planned Series A raise. The round saw continued backing from CDM Capital and Credit Saison, along with new participation from GrowthCap Ventures, led by Pratekk Agarwaal, and a group of strategic angel investors. Prior to this round, the startup had raised $550,000 in seed funding. With the latest capital infusion, Mylapay is preparing to scale adoption of its acquiring platform and move closer to a full Series A fundraise later this year. The proceeds will be used to strengthen Mylapayโ€™s core payment infrastructure, expand its product stack, deepen integrations with banks and payment aggregators, and support international expansion across the Middle East, Africa, and the US. Founded by Mohanraj Ravi, Mylapay builds backend payment processing systems covering 3DS authorisation, switching, clearing and settlement, and reconciliation. Its platform is certified by major card networks including Visa, Mastercard, and RuPay. Mylapay recently rolled out a unified acquiring platform that allows banks and payment institutions to manage card and UPI acquiring through a single integration. The platform is designed to handle more than 5,000 transactions per second and focuses on compliance-led, modular payment processing.

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