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Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart

EntrackrEntrackr · 23h ago
Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart
Medial

Snippets Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart Spacetech startup Xovian Aerospace has raised $2.5 million in a pre-seed funding round led by Piper Serica and TurboStart, with participation from Inflection Point Ventures (IPV) and Eaglewings Ventures. The proceeds will be used to support the development of AI-native radio frequency (RF) satellite infrastructure and enable space trials planned by year-end. Xovian is building a constellation of RF nanosatellites that offer real-time signal intelligence by capturing and decoding dynamic signals unlike traditional satellites that rely solely on optical data. Its platform serves industries such as maritime, aviation, defence, oil & gas, and weather forecasting by providing continuous RF data fused with AI-powered decision intelligence. With pilot discussions underway in Southeast Asia and the Middle East, Xovian’s vertically integrated model offers low-latency, high-fidelity insights, claiming to generate up to six times more data value per dollar than conventional systems. According to data from intelligence platform TheKredible, more than a dozen spacetech startups have collectively raised around $21 million in 2025. The list includes names like OrbitAid, InspeCity, and Sisir Radar, among others.

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Rupeeflo raises $1 Mn from Piper Serica

EntrackrEntrackr · 5m ago
Rupeeflo raises $1 Mn from Piper Serica
Medial

Rupeeflo raises $1 Mn from Piper Serica Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. Fintech veterans including Ravi Shankar (co-founder of Active AI), Kishore Natarajan, and Kedar Kulkarni (co-founder of Hyperverge) also participated in the maiden round. Rupeeflo will use the funding to roll out a full-stack NRI investment platform, introduce instant UPI access, and expand its global presence. Founded in 2024 by Dharmendra Maurya, Ashish Jha, and Manav Bharambe, Rupeeflo streamlines banking and investing for NRIs in India. Starting with the U.S. and U.K., it aims to expand across global NRI hubs. With Rupeeflo, NRIs can now digitally apply for an NRE/NRO account in less than 10 minutes and have easy and paperless access to stock markets, mutual funds, and index funds without regulatory headaches. “We see this as one of the biggest untapped opportunities in fintech. In the USA alone, NRIs have over $300 billion in low-yield savings overseas because investing in India has been too complex. We are fixing the problem so that they can participate in India's future instead of just watching from the sidelines,” said Ashish Jha. Piper Serica is an asset manager investing in India’s public and private markets. It manages a SEBI-registered PMS, advises a Mauritius-based offshore fund, and runs the Piper Serica Angel Fund for early-stage startups, overseeing over Rs 1,000 crore in assets.

Turbostart leads $2.5 Mn round in Lighthouse PropTech

EntrackrEntrackr · 4m ago
Turbostart leads $2.5 Mn round in Lighthouse PropTech
Medial

Snippets Turbostart leads $2.5 Mn round in Lighthouse PropTech Proptech startup Lighthouse PropTech has raised $2.5 million in a new funding round. Turbostart led the round with $1 million, along with participation from the Dabur Family Office and several other HNI family offices, valuing the company at $13.5 million. The fresh funds will be utilized for expansion as it builds a technology-driven platform for luxury real estate transactions in India, Lighthouse stated in a press release. Launched by Sumesh Mishra, Lighthouse PropTech aims to empower its clients with innovative solutions to efficiently manage their luxury real estate portfolios. The company’s offerings include Luxury Listings—an exclusive platform showcasing premier, handpicked properties—and Luxury Exclusives, which provides tailored experiences and bespoke property opportunities. According to Lighthouse PropTech, it is developing a next-generation digital platform to transform luxury real estate transactions for HNIs and UHNIs, offering a seamless, AI-powered investment experience. Market research indicates that India's luxury real estate market is experiencing unprecedented growth, with the segment expected to surpass $100 billion by 2030, growing at a CAGR of 21.81%. Founded in 2019, Turbostart is a global early-stage venture capital firm and accelerator. With a global presence spanning India, the Middle East, the US, and Singapore, Turbostart has launched five funds over five years, supporting over 50 diverse startups across various sectors and stages.

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