KKR announced on 18 March 2026 that it will commit up to USD 310 million to form a strategic partnership with Allfleet India Private Limited and PMI Electro Mobility Solutions Private Limited to expand an electric bus platform in India. The transaction includes the acquisition of a majority stake in Allfleet and a minority stake […]
Agnikul Cosmos Private Limited, a spacetech startup incubated at the Indian Institute of Technology (IIT) Madras, has received approval for an equity investment of INR 250 million from the Tamil Nadu government through the Tamil Nadu Industrial Development Corporation (TIDCO). The investment forms part of the state’s TIDCO Startup Investment Policy 2025, which is intended […]
ASM Technologies Ltd announced that it has signed definitive agreements to invest approximately INR 480 million to acquire an aggregate 20 percent stake in Myelin Foundry Private Limited. The strategic investment is part of a partnership to deploy patented, high-performance artificial intelligence (AI) solutions across ASM’s engineering design-led manufacturing portfolio. According to a press release […]
IIT Madras Research Park (IITMRP) and Unicorn India Ventures have launched the “IITM Unicorn Frontier Fund I,” a INR 6 billion deep technology fund with an additional INR 4 billion greenshoe option. The fund will invest in intellectual property-led, engineering-focused startups in sectors including robotics, space technology, defence technology, semiconductors and medical technology that align […]
Octobotics Tech Pvt Ltd, an industrial robotics company developing AI enabled non destructive testing (NDT) systems, has secured INR 98 million in a seed funding round led by Navam Capital. The round also saw participation from Navam and BYT Capital, with the company stating that the investment will support vertical integration of its technology stack […]
Sagar Defence Engineering Private Limited announced a strategic investment in EndureAir Systems Pvt. Ltd. on 3 February 2026, marking a move to strengthen domestic capabilities in unmanned and autonomous aerial systems. The investment is aimed at advancing indigenous design and deployment of aerial robotics for defence and strategic applications. Sagar Defence Engineering Private Limited focuses […]
JS Auto Cast Foundry India Private Limited, a step-down wholly owned subsidiary of Bharat Forge Limited, has secured an equity investment of around INR 3 billion from Premji Invest, resulting in the investor acquiring a 23 percent stake on a fully diluted basis. The investment is being made through a primary infusion and is aimed […]
JJG Aero has secured USD 30 million in a Series B funding round led by private equity firm Norwest, as the aerospace component manufacturer looks to expand capacity and deepen its role in global aircraft supply chains. The funding will support the company’s next phase of growth amid sustained demand from aircraft manufacturers and tier-one […]
Gati Drives Private Limited, a Bengaluru-headquartered startup developing electric motors for appliance and industrial applications, has raised a pre-seed investment from Campus Fund to support product development and early manufacturing scale-up. The funding will be used to advance the company’s rare-earth-free motor technology, expand production capability, and engage with original equipment manufacturers (OEMs) in the […]
Entellus Industries Private Limited, a manufacturer of rare earth metals and alloys, has raised INR 500 million in a funding round to expand manufacturing capacity and broaden its product portfolio in India. The capital will be used primarily for capital expenditure and commercialisation of existing products. The funding round was led by ZeroW, a deeptech-focused […]
