SV JOURNAL Issue No. 228

SV JOURNAL Issue No. 228

This journal provides our readers with comprehensive coverage of the latest updates and advancements within SV and Indian Startup ecosystems.

LATEST DEALS ON SVDEAL.COM

  • FLYING WEDGE DEFENCE & AEROSPACE - Flying Wedge Defence and Aerospace, a pioneering Indian startup, is transforming the unmanned aircraft industry with its indigenous UAV technology. As the only Indian firm with two DGCA Type Certifications for its FWDA10 model, it breaks India’s dependence on foreign manufacturers like Boeing and Airbus. With over 50 airworthiness tests cleared and a nationwide service network, Flying Wedge delivers ICAO-compliant, “Make in India” drones for defense and commercial applications.
  • Fala Tech - At the heart of Fala’s innovative agri-tech platform lies a powerful model of tech-enabled contract farming, designed to solve the fundamental inefficiencies in the leafy vegetable supply chain—price volatility, inconsistent quality, and unreliable delivery. Fala flips the model—placing control in the hands of farmers while delivering unmatched quality and convenience to B2B kitchens, exports, and premium clients.

HOT DEALS ON SVDEAL.COM

  • Pickkup.io - Pickkup is a tech-enabled, green logistics provider with a 100% leased EV fleet, transforming last-mile and mid-mile delivery. Focused on sustainability, it leverages advanced technology to optimize logistics, cut carbon footprints, and enhance efficiency. Its on-demand pickup and delivery app offers real-time tracking for seamless operations.
  • Startup 1 - An uber-like recycling platform that is revolutionizing waste disposal with an easy, on-demand pickup service.

Past Event

  • 61th Startup Pitch Call cum Deep Dive Call

April 26 | 5:00 PM to 6:30 PM

  1. FLYING WEDGE DEFENCE & AEROSPACE - First Defense Tech Startup with 2 DGCA UAV Certifications, transforming UAV industry
  2. Fala Tech - Agri-tech platform with robot assisted & tech-enabled contract farming

Event
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Founders & Funders Mixer
INDIAN STARTUP WEEKLY DEAL

Stay informed by perusing our coverage of ongoing deals within the Indian Startup Ecosystem.

Startup Name | Deal Size | Round

  • HexaHealth | USD 12 Mn | Series A
  • An online listing platform for finding healthcare facilities. The platform helps patients find the right doctor at the best price for in-patient department requirements and assists patients with hospital admissions, insurance claims, and paperwork.
  • Investors -  Orios Venture Partners, 3one4 Capital, Enzia Ventures, ITI Growth Opportunities Fund, Chiratae Ventures, Omidyar Network India


  • Metafin | USD 10 Mn | Series A
  • Metafin is a solar financing platform for retail customers and residential properties.Customers can consult metafin partners, they can switch to solar installation after the review and approval.Customers include hospitals, housing societies, schools, petrol stations, hotels, sports academies etc.
  • Investors -  Vertex Ventures Southeast Asia and India, Northern Arc, AU Small Finance Bank, Prime Venture Partners, Varanium Capital


  • QNu Labs | USD 7 Mn | Series A
  • Developer of cloud-based and quantum cryptography based cybersecurity solutions for secure communication. It provides users with a company that uses quantum key distribution technology to solve the problem of secure key distribution by allowing the exchange of a cryptographic key between two remote parties over a quantum channel. It is offers secure communication and encryption solutions for enterprises to protect the data against quantum computing threats. Its solutions have applications in multiple sectors including banking and finance, government, data center, defense, telecom, and IT sectors.
  • Investors - National Quantum Mission, Lucky Investment, Speciale Invest, Tenacity Ventures, Singularity AMC


  • Anveshan | USD 6 Mn | Series A
  • Online platform offering natural and farm-sourced food products. The selection includes cold-pressed oils, ghee, honey, spices, and millet-based products. Items are sourced directly from farms and available in different varieties. The platform provides options for healthy cooking and natural nutrition.
  • Investors -  Wipro Consumer Care Ventures, DSG Consumer Partners, Titan Capital, Force Ventures, Aman Gupta, Sameer Mehta


  • Kaleidofin Private Limited | USD 5.3 Mn | Undisclosed
  • Provider of financial technology solutions for inclusive lending. It offers a platform enabling financial institutions to provide lending services, particularly to underserved populations. Key offerings include credit assessment models tailored for informal sectors, co-lending solutions, and securitization tools. The platform also incorporates customer engagement features and risk management capabilities, aiming to improve access to financial services and enhance customer lifetime value. It utilizes AI/ML for credit decisioning and offers omni-channel customer connectivity.
  • Investors - IDH Farmfit Fund


  • Stimuler | USD 3.8 Mn | Pre-Series A
  • AI-based platform offering English language learning solutions. Its platform allows users to practice English speaking on day-to-day topics and get real-time feedback on how to improve their pronunciation, fluency, emotion & more.
  • Investors - Lightspeed, SWC Global, M Venture Partners, Rebright Partners, Force Ventures, gradCapital, Operators Studio


  • SatLeo Labs | USD 3.3 Mn | Pre-Series A
  • Provider of AI and data science-based platform for earth observation. It provides users with a company that specializes in data science and capturing thermal data with high spatial and temporal resolution, which is essential for understanding land surface temperature (LST) and its implications for climate processes. Its also equipped with edge computing to facilitate faster data processing and analytics directly on the satellite, reducing latency in data delivery.
  • Investors - Merak Ventures, Huddle Ventures, GVFL, Java Capital, IIMA Ventures, PointOne Capital


  • Mugafi | USD 3 Mn | Seed
  • Developer of AI-powered music learning platform. It offers a collaborative platform that assists artists, dialogue expansion, and quality checks. The platform includes features for seamless teamwork, industry-standard formatting, smart file management, easy import/export, and mentor-guided feedback.
  • Investors - StartupXseed, Auxano Capital, Proneur Network, Mars Shot Ventures, Beyond Venture Partners, We Founder Circle


  • Primebook India | USD 2 Mn | Pre-Series A
  • Developer of laptop for students
  • Investors - Inflection Point Ventures, Auxano Capital, nexG Devices, Rikant Pittie, Bhavesh Gupta


  • Ezstays | USD 1 Mn | Undisclosed
  • Provider of shared accommodation for students
  • Investors - Finvolve, India Accelerator


  • MALAKI | USD 675 K | Seed
  • Internet first brand offering natural non-alcoholic beverages. It includes sparkling water, ginger water, tonic water, and more.
  • Investors - Venture Catalysts, Maarc Ventures, Dadachanji Family Office


  • SCANDALous Foods (ADITOF) | USD 237 K | Seed
  • Provider of frozen food products. They provide Indian sweets like kala jamun, ras malai, rasgulla, rabdi kheer, and moong dal halwa. They offer their sweets and desserts, and their solutions to the restaurant and hospitality industry.
  • Investors - New Age India Fund


  • Ivana Jewels by Jindal | USD 237 K | Seed
  • Retailer of lab-grown diamond jewelry. It offers a variety of jewelry pieces, including rings, earrings, bracelets, pendants, and necklaces. Customers can shop by style, color, and price point. Customization options are available, allowing customers to create unique pieces. The company also provides after-sales services such as repairs and a buyback program.
  • Investors - Avinya Ventures


  • Vividobots | USD 174 K | Seed
  • Technology company that offers industrial automation and medical robotics solutions. It is a technology company that develops automation solutions for industrial issues, with a focus on exterior painting robots for high-rise buildings. The product modules include AI powered autonomous painting machines, glass cleaning robot and others.
  • Investors - Inflection Point Ventures


  • Beat22 (erstwhile illpeoplemusic) | Undisclosed | Pre-Seed
  • Beat22 is purpose-built for the Asian music diaspora, empowering musicians to buy, sell, and license vernacular sounds, regional beats, and culturally rooted music assets.
  • Investors - SucSEED Indovation Fund, Chandigarh Angel Network, Prateek Toshniwal



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