A new startup, Supermemory, founded by 20-year-old Dhravya Shah from Mumbai, has raised $3 million in seed funding. The round was led by Susa Ventures, Browder Capital, and SF1.vc with participation from Google AI’s Jeff Dean and DeepMind’s Logan Kilpatrick. Supermemory is building a memory engine that helps AI systems remember past interactions.
Anthropic, the fast-rising AI startup behind Claude, is scaling globally at record speed. India is central to its plans. With usage already making India its second-largest market, the company is set to hire leadership and expand teams locally while tripling its global workforce and growing its applied AI division fivefold this year.
Simple Energy, the Bengaluru-based EV startup, is preparing for its IPO while planning massive growth by 2029. Known for its long-range electric scooters and charging network, the company is expanding factories, building in-house battery packs, and aiming for one million units per year. Backed by strong demand and India’s EV push, Simple Energy is ready to lead the electric two-wheeler revolution.
Kapiva is the D2C Ayurveda brand from India that has made a bold move recently. The company secured $60 million in funding in a Series D round. This money will support research, manufacturing, marketing, and expanding Kapiva’s reach beyond India. Along with current backers including Vertex Ventures Southeast Asia and 3one4 Capital, 360 ONE Asset and Vertex Growth are leading
Indian startup Chakr Innovation, a venture by IIT Delhi alumni, has raised $23 million in Series C funding headed by Iron Pillar, along with participation from SBI Capital Ventures, ONGC, IAN, and Inflexor. The startup, recognized for its emission-control devices and clean-energy solutions, will use the funds to increase manufacturing capacity, bolster R&D, and create alternative energy storage technologies. This raise is a major milestone for India’s deep-tech and clean-tech innovation.
Hyderabad-based prop-tech startup Fracspace began in 2022 with only ₹60,000. Founded by Unnath Reddy, the company introduced a co-ownership real estate model that has already grown into a ₹30 crore success. By offering affordable entry into property investment and managing assets end-to-end, Fracspace has created trust among middle-class investors and gained recognition worldwide.
Rocket.new, an Indian AI startup, has secured $15 million in seed funding to expand its AI-powered vibe-coding platform. Backed by Salesforce Ventures, Accel, and Together Fund, the platform enables users to create production-ready applications using natural language prompts, reshaping the future of app development.
Wankel Energy, an IIT Madras startup, has built the Phoenix steam expander to capture wasted steam pressure and turn it into electricity. With pilots in dairy plants, textile factories, and paper mills, the company is reshaping India’s clean energy technology landscape.
Ultrahuman has emerged as one of India’s fastest-growing health tech startups, with its flagship Ring AIR driving a six-fold revenue leap in 2024. Blending design, science, and inclusivity, Ultrahuman is redefining how Indians track health while building a global presence.
Uttar Pradesh’s startup story is exploding. With 17,000 ventures, 72 incubators, and 8 unicorns, UP is now one of India’s fastest-growing startup hubs. Backed by government funding, ODOP, and ease of doing business reforms, the state is turning talent into global ventures.
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