Category: News

GreenFortune, a windows and doors brand, has secured $4.5 million in a pre-Series A funding round led by Foundamental.

The round also saw participation from Titan Capital, Winners Fund, and existing investors including Incubate Fund Asia.

The fresh funds will be used to support the company’s nationwide expansion, scale up production by six times, and further develop its proprietary tech platform, PartnerGate, into a full-stack solution aimed at enhancing customer service.

Also Read: Grow Indigo Raises $10 Million from British International Investment

GreenFortune also plans to strengthen its in-house R&D and technical services to introduce new products across multiple material categories, positioning itself as a comprehensive fenestration solutions provider.

Founded in 2022 by Dilip Kumar and Pratyusha Kosaraju, the brand offers quality uPVC products at competitive prices.

Currently available in 100 locations across India, GreenFortune has supplied materials for over 2 million square feet of windows and doors, with manufacturing facilities located in India, Germany, and Japan.

This latest round follows GreenFortune’s $1 million funding in July 2023, which was led by Incubate Fund Asia.

Agritech startup Grow Indigo has raised $10 million in funding from British International Investment (BII), the UK’s development finance institution and impact investor.

The funding will support the company’s efforts to expand its sustainability programs across India.

Founded to promote eco-friendly farming practices, Grow Indigo focuses on techniques like direct seeded rice and no-tillage farming.

These methods enhance soil health, reduce erosion, preserve biodiversity, and improve water efficiency. Additionally, they reduce manual labor, particularly supporting women farmers.

Also Read: Irame.ai Raises $1 Million in Seed Funding

The startup claims to have covered over 2.5 million acres of smallholder farmland across seven states. It also collaborates with food and fashion companies to promote sustainable sourcing and cut supply chain emissions.

With operations spanning 16 states, Grow Indigo has built a strong network of over 2,000 distribution partners and a dedicated on-ground team of 600 members.

From seed treatment to harvest, the company provides comprehensive support to farmers, driving the adoption of environmentally friendly agricultural practices.

AI-powered enterprise productivity platform Irame.ai has raised $1 million in a seed funding round led by SenseAI Ventures, an AI-first venture capital fund.

The investment will support Irame.ai in enhancing its capabilities in audit automation, anomaly detection, and enterprise compliance using AI-driven insights.

Founded by Kapil Arora, Irame.ai offers a no-code platform that simplifies the design, development, and launch of AI-driven applications.

The company claims its technology can speed up audits by 3-4 times while reducing costs, enabling businesses to modernize their governance processes effectively.

Also Read: Gramiyaa Secures ₹7.2 Crore in Pre-Series A Funding

With this latest funding, Irame.ai plans to expand its operations and further develop its AI-powered solutions to meet the growing demand for intelligent enterprise management.

SenseAI Ventures, co-founded by Rahul Agarwalla and Raja Gopalakrishnan, is a ₹200 crore fund that backs AI-focused startups. Its portfolio includes CureSkin in dermatology, Floworks in sales automation, and Pipeshift, an orchestration platform.

Gramiyaa, a Bengaluru-based cold-pressed oil brand, has raised ₹7.2 crore in a pre-Series A funding round led by Homegrown Ventures, with additional participation from Campus Fund and Mumbai Angels.

The fresh capital will be used to boost production capacity to 4 lakh litres per month, enhance sourcing capabilities, optimize manufacturing processes, and strengthen distribution through its direct-to-consumer (D2C) platform and other channels.

This funding follows a previous seed round where the company secured $1.14 million from Homegrown Ventures and other investors.

Founded in 2016 by Sibi Manivannan, Gramiyaa specializes in wood-pressed oils made from premium seeds, including groundnut, sesame, and coconut oil.

The brand has established a strong presence in Tamil Nadu through offline retail stores and online platforms.

Unlike traditional cold-pressed oil producers operating on a small scale, Gramiyaa has built a vertically integrated business with its own state-of-the-art manufacturing facility. This ensures consistent product quality, hygiene, and process efficiency.

Also Read: Pizza Wings Raises $2.8 Million to Expand Across India

By combining traditional wood and stone milling techniques with modern manufacturing standards, Gramiyaa offers consumers authentic, high-quality oils.

The company’s expansion plans, supported by this recent funding, will further strengthen its market presence across retail, e-commerce, and quick-commerce platforms, catering to the growing demand for natural and chemical-free cooking oils.

Homegrown quick-service restaurant (QSR) brand Pizza Wings has secured $2.8 million in a fresh funding round from notable investors, including Gruhas, the investment firm of Nikhil Kamath and Abhijeet Pai, alongside Udaan co-founder Sujeet Kumar and other strategic backers.

This follows the company’s $4 million seed round in 2024.

The latest funding will fuel the brand’s expansion across Northern and North-Eastern India, with a goal of adding 50 new stores and reaching 100 outlets by the end of 2025.

Additionally, Pizza Wings plans to strengthen its corporate structure by making key hires in finance, logistics, and marketing.

Founded in 2014 by Aditya Dhanda, Rajpal Sangwan, and Vikas Nain, Pizza Wings has carved a niche in the competitive QSR space by blending global quality standards with Indian flavors.

The brand follows strict food safety protocols using cold fermentation processes, FSSAI-compliant practices, and high-quality certified ingredients.

Its customizable menu appeals to diverse regional tastes, developed under the expertise of experienced chefs.

Also Read: Firefly Diamonds Secures $3 Million in Seed Funding

Pizza Wings has also embraced technology to streamline operations. Its in-house rider and store management applications enhance efficiency and reduce reliance on third-party delivery platforms.

With over 500,000 app downloads, the brand has built a solid customer base and established a strong presence in multiple cities.

With this fresh capital, Pizza Wings is set to expand its footprint and continue its growth journey, solidifying its presence in the evolving Indian QSR market.

Firefly Diamonds, an emerging name in the lab-grown diamond jewellery sector, has raised $3 million in a seed funding round led by WestBridge Capital.

The Mumbai-based brand plans to use the fresh capital to accelerate its retail expansion, strengthen its digital presence, and invest in research and development for innovative jewellery collections.

Founded by brothers Adit Bhansali and Aayush Bhansali, Firefly Diamonds offers lab-grown diamonds that are identical to natural ones in appearance and composition, with significantly reduced environmental impact.

The brand specializes in fine jewellery crafted with 14K and 18K gold.

Currently, Firefly Diamonds has stores in Mumbai, Pune, Bengaluru, and Hyderabad, with ambitious plans to expand to over 20 cities within the next two years.

Also Read: Milind Sharma Joins Delhivery as Head of Rapid Commerce and D2C Brands

The lab-grown diamond market in India is witnessing increased competition, with Firefly Diamonds going up against brands like COLUXE, Fiona Diamonds, Limelight Lab Grown Diamonds, and Jewelbox. GIVA, backed by Aditya Birla, has also entered the segment with its own lab-grown diamond collection.

With this funding, Firefly Diamonds aims to solidify its position as a leading sustainable luxury jewellery brand in the growing lab-grown diamond industry.

Apna Mart, a franchise-driven omnichannel grocery and FMCG chain has raised ₹214.5 crore (approximately $25 million) in a mix of equity and debt funding, as exclusively reported by Entrackr.

The round was led by Fundamentum Partnership Fund and Accel, with participation from existing investors.

As per regulatory filings sourced from the Registrar of Companies (RoC), the company has issued 6,342 Series B compulsory convertible preference shares at ₹2,78,402 each, raising ₹176.5 crore ($20.5 million). Additionally, it has raised ₹38 crore ($4.5 million) through 3,800 debentures.

Fundamentum led the investment with ₹84 crore, while Accel India, Peak XV, and Sparrow Capital contributed ₹60.88 crore, ₹17.4 crore, and ₹4 crore, respectively. Other investors include 2 AM Ventures, Disruptors Capital, and Alteria.

Also Read: Qila Games Raises $1 Million in Pre-Seed Funding Led by Chimera VC

With this fresh capital infusion, Apna Mart’s post-allotment valuation has surged to ₹738 crore ($87 million), marking an 81% increase from its previous round.

Founded in 2021 by Abhishek Singh and Chetan Garg, Apna Mart operates across 14 cities, including Ranchi, Hazaribagh, and Bilaspur.

The company follows a franchise-led model while promising grocery and FMCG deliveries within 15 minutes, alongside its physical store network.

Apna Mart has raised around $40 million across multiple funding rounds. Following this latest investment, Accel India holds the largest external stake at 20.91%, followed by Peak XV (13.06%) and Fundamentum (11.39%).

The Bengaluru-based startup reported a revenue of ₹59.6 crore for the fiscal year ending March 2024, reflecting an 85.6% year-on-year growth.

However, its losses also widened by 51.4% to ₹33 crore in the same period.

With strong backing from investors like Nandan Nilekani’s Fundamentum and Accel, Apna Mart is steadily expanding in a competitive grocery and quick commerce sector dominated by Blinkit, Swiggy Instamart, and Zepto.

Hybrid-casual gaming startup Qila Games has secured $1 million in pre-seed funding, with Chimera VC leading the round.

Other investors, including Visceral Capital, Atrium Angels, Ventatana Ventures, 91 Ventures, Untitled Ventures, and several angel investors, also participated.

The funding will be used to develop new intellectual properties (IPs), expand Qila Games’ portfolio, and enhance its technology and design capabilities.

Also Read : Hero MotoCorp Invests ₹525 Crore in Three-Wheeler EV Maker Euler Motors

Founded in 2024 by Dhananjai Hari and Neeraj Mishra, Qila Games specializes in hybrid-casual games—blending the accessibility of casual gaming with the depth of mid-core experiences.

The company launched its first title, Ludo Hero, in February 2025, which reimagines the classic board game with strategic battles, conquests, and hero powers.