Trisha Medhi

Before this round, Uolo had raised $22.5 million in a Series A round led by Winter Capital in 2022, following a $3 million pre-Series A round led by Blume Ventures.

Founded in 2020 by Raghuveer Kancherla and Girish Redekar, Sprinto is positioning itself as an AI-native GRC and compliance automation platform designed to keep organizations audit-ready and risk-aware through more than 300 integrations and deep automation.

The company plans to use the funding to develop and launch India’s first privately built L-band Synthetic Aperture Radar (SAR) satellite, targeted for launch by 2026.

The round comprises a significant debt component from a consortium of lenders, along with an equity infusion of around Rs 100 crore, which is nearing closure.

Founded in 2022 by Nirav Kamdar and Soumyadeep Roy, investment platform Neev Finance manages investments professionally through structured portfolios. It is in the process of raising its next institutional round of $3 million, of which it has already closed $1.2 million.

Founded in 2011 by Piyush Goyal and Arjun Rathi, Volks Energie provides energy storage solutions, HVAC, and solar energy systems across India.

Founded by Rajeev Pathak, Niyati Chhaya, and Ram Jayaraman, Hyperbots offers agentic AI-native co-pilots that automate core finance workflows such as procure-to-pay, order-to-cash, expense management, analytics, and other processes.

According to Sarla Aviation, the aircraft is designed to validate key systems, including structure, propulsion integration, and safety architecture, before progressing to a full-scale prototype.

Founded in 2009 by Mukesh Vasani, Aimtron is an electronics manufacturing company operating across high-complexity sectors such as aerospace and defence, electric vehicles, industrial technology, medical devices, and gaming.

The company plans to use the newly raised capital to expand its platform capabilities, hire across product and engineering roles, strengthen AI-driven systems, and scale its international operations.