Author: Editor Agent

Qualcomm, a prominent US-based semiconductor and telecommunications company, is set to invest $150 million in Indian startups through its venture arm, Qualcomm Ventures. The focus of this investment will be on fostering artificial intelligence (AI) and deep technology startups.

The funding will target startups in various sectors including automotive, IoT, robotics, mobile technologies, and edge computing. Qualcomm aims to support companies developing AI and edge-AI applications for devices, industrial systems, and connected platforms, with an emphasis on on-device processing.

This initiative by Qualcomm aims to boost the creation of AI-centric products tailored for both local and global markets, enhancing the technological landscape. Qualcomm Ventures has a history of investing in Indian startups spanning mobility, enterprise SaaS, consumer internet, and hardware sectors. With this fresh capital injection, the company looks to broaden its investment portfolio in deep technology and semiconductor-related innovations.

This strategic investment comes at a time when India is witnessing increased policy backing for semiconductor manufacturing and AI progression, indicating Qualcomm’s alignment with the evolving tech ecosystem in the country. Qualcomm intends not only to provide financial support but also to collaborate closely with startup founders on product development, market strategies, and global partnerships.

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ValueQuest Investment Advisors has successfully raised a ₹1,500-crore private equity (PE) fund targeting advanced manufacturing sectors such as aerospace, defense, and energy transition. The fund, named ValueQuest Tristar, has exceeded its initial target size and activated a greenshoe option of ₹500 crore. It aims to complete fundraising within the current calendar year.

The Mumbai-based firm plans to invest in 8–12 companies with check sizes ranging from ₹150 crore to ₹400 crore. The focus will be on businesses with established product-market fit, positive unit economics, and strong customer relationships. ValueQuest highlights the current opportune moment for capital deployment in advanced manufacturing sectors, with many companies in this space also exploring initial public offerings (IPOs).

Notable investments already made by the fund include Rangsons Aerospace, a precision manufacturing company catering to aerospace and defense clients, and Waaree Energy Storage Solutions, known for its lithium-ion cells and energy storage systems. In the defense sector, ValueQuest has been an early investor in key public sector undertakings like Mazagon Dock, Cochin Shipyard, Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Garden Reach Shipbuilders & Engineers.

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Drug discovery startup Peptris has secured Rs 70 crore ($7.7 million) in a Series A funding round co-led by IAN Alpha Fund and Speciale Invest, among others. The new funds will enable Peptris to progress towards clinical readiness, expand its pipeline, and strengthen its teams specializing in biology, chemistry, data science, and AI.

Founded in 2019, Peptris utilizes AI models to create innovative molecules and forecast crucial drug development parameters, aiming to minimize failures in the drug discovery process. This approach has already led to the discovery of Novel Chemical Entities (NCEs) and opportunities for repurposing existing drugs.

Despite advancements in science, drug discovery remains a slow, costly, and failure-prone endeavor, leaving significant unmet medical needs. Peptris’ platform not only generates unique molecules but also forecasts vital drug development parameters early on, enabling quicker and more informed decision-making. This has resulted in the discovery of NCEs and opportunities for drug repurposing and rescue, with multiple programs progressing towards clinical development.

The Bengaluru-based startup plans to launch several new NCE programs and multiple drug repurposing initiatives. By following a business-to-business (B2B) engagement model, Peptris collaborates closely with pharmaceutical, biotech, and select FMCG partners to license assets and co-develop programs. Focused on therapeutic areas like rare diseases, inflammation, oncology, and women’s health, Peptris aims to make a lasting impact on patients, caregivers, and healthcare systems worldwide.

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Truboard Partners, an asset performance platform, has raised Rs 20 crore ($2.2 million) in a funding round led by Earth Fund, a venture capital firm focused on environment and sustainability. This Mumbai-based company, founded in 2020 by Srickant Rajagopal, Nandkumar Surti, and Vipul Thakore, specializes in AI-driven asset performance management software.

The funding will be used to enhance the product foundation and expand the platform across various asset classes. Truboard Partners’ software offers comprehensive portfolio intelligence to lenders, equity investors, and asset owners managing real and financial assets. By providing 360-degree visibility into investment performance, risk management, and operational efficiency, the platform aims to help institutions optimize portfolio returns through data-driven decision-making.

Truboard Partners’ platform is widely used by investors and operators to manage diverse multi-asset portfolios in India’s real estate and energy sectors, with recent expansions into the US and EU markets. The company collaborates with developers, lenders, and institutional investors, offering a unified operating layer for managing real estate and energy assets across debt and equity structures.

By focusing on bringing structure and transparency to post-investment asset monitoring in India’s real asset ecosystem, Truboard Partners aims to convert fragmented data into actionable insights. This process reduces lender visibility timelines, enhances risk management, and empowers asset owners to achieve higher returns.

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Zypp Electric, a B2B delivery and shared mobility startup, reported a 50% year-on-year revenue increase in the fiscal year ending March 2025, surpassing Rs 400 crore in revenue. The company’s revenue from operations grew to Rs 438 crore in FY25 from Rs 293 crore in the previous fiscal year. Zypp Electric operates as an EV-as-a-service platform, offering electric vehicle rentals and delivery services through its e-scooter fleet for gig workers. Revenue from delivery services constituted 74% of the operating revenue, climbing 56% to Rs 323 crore in FY25.

Income from vehicle rentals also experienced growth, reaching Rs 111 crore in FY25 compared to Rs 84 crore in FY24. However, despite the revenue growth, the company faced challenges, with total expenses escalating by 42% to Rs 556 crore in FY25 from Rs 392 crore in FY24. This surge in costs resulted in Zypp Electric recording a loss of Rs 107.5 crore in FY25, a significant increase from the Rs 89.5 crore loss in FY24. The company’s ROCE and EBITDA margins stood at -52.16% and -15.98%, respectively.

Zypp Electric’s financial performance underscores the competitive landscape in the EV industry and the challenges faced by startups in scaling operations while managing costs effectively. The company’s ongoing efforts to secure funding, including raising Rs 55.4 crore ($6.5 million) from investors, reflect its commitment to sustaining growth and innovation in the evolving electric mobility sector.

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EV charging startup Statiq has successfully raised $18 million in a funding round that included equity and debt financing, with Tenacity Ventures leading the investment and participation from Y Combinator, Shell Ventures, and RCD Holdings.

The funding will be used to expand Statiq’s EV charging infrastructure and grow its presence in Tier I and II cities, focusing on enhancing hardware lifecycle and advanced telematics, as per the company’s press release.

Established in 2020 by Akshit Bansal and Raghav Arora, Statiq specializes in building and managing EV charging infrastructure. The startup offers a consumer app for locating and reserving charging points, combining hardware and software services. Statiq’s revenue primarily comes from its hardware segment, which includes chargers and related infrastructure. Additionally, the company operates a financing program in partnership with State Bank of India to accelerate infrastructure development.

Statiq’s mobile app users can access charging services from its network and other providers like E-Fill, Sunfuel, and GLIDA. By collaborating with government entities, automakers, and hospitality firms, Statiq has expanded its charging network to over 100 cities, boasting more than 10,000 installed chargers. In a competitive sector, Statiq faces opposition from well-funded startups such as Charge Zone, ElectricPe, Bolt.Earth, and IPEC, aiming to double its charger installations by the close of 2026.

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Social investing and stock market advisory platform StockGro is set to secure up to $15 million in its pre-Series C funding round, with Tawuniya, Saudi Arabia’s largest insurance company, as the primary investor. The Bengaluru-based firm, founded in 2020 by Ajay Lakhotia, specializes in providing a platform for trading and investing supported by expert insights and AI-based research in a community-driven format. Recently, StockGro introduced Stoxo, a research platform tailored to offer investment analysis to its user base exceeding 35 million individuals.

This forthcoming investment follows the recent closure of StockGro’s Series B1 round in January 2026, where $13 million was raised from Bitkraft Ventures. Prior to that, the company secured $17 million in a Series B round led by Mukul Agrawal’s Param Capital.

StockGro, having amassed a total of $97 million in funding from various sources including General Catalyst, SBI Holdings, and a SoftBank subsidiary, continues to expand its presence in India’s retail investment market. Although the company’s FY25 financial statements are pending, its FY24 figures revealed a 34% decline in revenue to Rs 86.5 crore and an 84% widening of losses to Rs 101 crore.

Competing with key players like Groww, Zerodha, and Upstox in the retail investment sector, StockGro differentiates itself through a focus on social investing and research-oriented tools as it aims to enhance its market footprint.

Source: Entrackr : Latest Posts