News of the day (March 19, 2025) 1) SaaS Unicorn Icertis Eyes $50M Fresh Funding: Pune-based SaaS Unicorn Icertis plans to raise $50M, filing a Form D with the SEC. The firm reported a net profit of ₹97 crore for FY24, up from ₹71 crore in FY23. Source: [YourStory] 2) Hypergro.ai Raises ₹7 Cr in Pre-Series A Funding: Bengaluru-based AI-powered video platform Hypergro.ai secured ₹7 crore funding led by Eternal Capital to accelerate innovation and expand globally. Source: [YourStory] 3) Nourish You Raises ₹16 Cr in Series A Round: Superfoods brand Nourish You raised ₹16 crore led by SIDBI Venture Capital, targeting accelerated growth and innovation in plant-based nutrition. Source: [YourStory] 4) Brigade Group Launches ₹300 Cr Earth Fund for PropTech Startups: Brigade Group and Gruhas launched a ₹300 crore AIF to invest in real estate, construction, and sustainability-focused startups. Source: [Hindustan Times] 5) Dezerv Completes ₹46 Crore ESOP Buyback: Wealth-tech startup Dezerv announced the completion of its Employee Stock Ownership Plan (ESOP) buyback program, facilitating liquidity for eligible employees worth ₹46 crore. Source: [YourStory] 6) Protectt.ai Secures ₹76 Crore in Series A Funding: Mobile app security firm Protectt.ai raised ₹76 crore from Bessemer Venture Partners to expand globally and enhance its AI-driven mobile security solutions. The company processes over 2 billion app sessions monthly. Source: [Financial Express] 7) Slikk Club Raises $3.2 Million for Quick-Commerce Fashion Expansion: Slikk Club, India’s first 60-minute fashion delivery platform, raised $3.2 million led by Multiply Ventures and notable angel investors to expand operations and strengthen its leadership team. Source: [Ground News] 8) Blinkit Partners with NeoZAP for Tap-and-Pay Transactions: Blinkit has partnered with Neo Group to deliver NeoZAP prepaid payment tags for seamless tap-and-pay transactions without internet or PIN requirements. Source: [YourStory] 9) Chinese AI Firm Zhipu Secures $41.5M State-backed Funding: Zhipu AI received funding from Chengdu’s government-backed fund to bolster regional AI infrastructure and compete globally in LLM development. Source: [Reuters] 10) Flowpay Raises €30M Debt Financing from Fasanara Capital: Czech fintech Flowpay secured €30M debt financing to provide working capital loans for SMEs, aiming for embedded finance leadership in Europe. Source: [FFNews] 11) RedotPay Raises $40M for Crypto Payment Integration: Hong Kong-based RedotPay secured $40 million in Series A funding led by Lightspeed Ventures to integrate crypto with traditional payment systems across APAC markets. Source: [TechNode Global]
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