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Startup Funding

India’s Practo launches in the US; CEO says 'Entering the US is an important milestone'

IPO-bound digital healthcare platform Practo has launched its care navigation platform in the United States, marking its most significant international expansion to date after an earlier entry into the UAE last year . The company said it has listed over 200,000 doctors across specialties in the US and reached an annualised gross merchandise value (GMV) run rate of more than $75 million. Monthly active users have crossed 300,000, with overall traffic in the US growing nearly six-fold since April 2025. Practo said early adoption has been strongest in dental and mental health, where more than 500 doctors across over 150 clinics, hospitals and independent practices are already monetised through paid subscriptions. Commenting on the expansion, Shashank ND, co-founder and CEO of Practo, said the US launch reflects the platform’s ability to address trust, depth and care navigation even in complex healthcare systems. “We believe the next era will be organised around outcomes and informed ch...

Indian Startup News · Jan 7
Startup Funding

Singularity AMC invests in Lohia family-founded Lohia Aerospace

Singularity AMC, a growth-equity investment platform backed by Madhusudan Kela and led by Yash Kela, said it has invested in Lohia Aerospace Systems Private Limited, an advanced materials and composites manufacturing company for full aerostructures and systems, serving global aerospace and defence markets. The company, founded in 2021 by the Lohia family specialises in designing and manufacturing of complex structures and materials used in aircraft, UAVs, and next- generation aerospace and defence platforms. With vertically integrated facilities and engineering and production capabilities, Lohia Aerospace supplies complex composite components, assemblies, and aerostructures to aerospace and defence OEMs worldwide. Anurag Lohia, Managing Director, Lohia Aerospace, said, “We are delighted to partner with Singularity AMC as we strengthen our position in the global aerospace and defence manufacturing landscape. Their investment accelerates our vision of building a world-class composites...

Indian Startup News · Jan 7
Startup Funding

EV charging technology startup RoadGrid raises Rs 12 crore from Venture Catalysts, angel investors

EV charging technology startup RoadGrid has raised Rs 12 crore in a pre-Series A funding round led by early-stage investor Venture Catalysts. The round also saw participation from several strategic and angel investors, including Kamal Puri of Skyline Group, IPV, FAAD Network, LetsVenture, Pace Group’s Vrinda Goyal, Haresh Patel of Arthanomics, and Maneesh Shrivastav of Alpha Value. RoadGrid is working on building next generation EV charging infrastructure for India. The startup is developing patented universal EV chargers that can be used across different vehicle categories and charging needs. Alongside hardware, it is also building a cloud-based software platform and setting up a nationwide EV charging network. “India’s EV transition is at an inflection point, and charging infrastructure will be the backbone of this transformation. RoadGrid is building a rare combination of deep-tech hardware, scalable software, and on-ground execution capability. Their patented universal chargers ...

Indian Startup News · Jan 7
Startup Funding

Elon Musk’s xAI raises $20B in Series E

The AI company’s funding round saw participation from Valor Equity Partners, StepStone Group, Fidelity Management & Research, the Qatar Investment Authority, MGX, Baron Capital Group, Nvidia and Cisco Investments.

YourStory Funding · Jan 7
Startup Funding

Adani NCD issue: Rs 1,000cr offer fully subscribed in 45 mins; base size filled in 10 mins

Adani Enterprises Limited's Rs 1,000 crore non-convertible debenture issue was fully subscribed within 45 minutes of opening on Tuesday. The NCDs, offering an effective yield of up to 8.90% per annum, saw strong demand, with the base issue and green shoe option being fully taken up quickly. Proceeds will primarily be used for debt repayment.

Times of India Business · Jan 6
Startup Funding

Morgan Stanley files for bitcoin, Solana ETFs in digital assets push

Morgan Stanley is seeking regulatory ‍approval to launch exchange-traded ​funds tied to the price of cryptocurrency tokens, ⁠according to filings with the U.S. Securities and Exchange Commission on Tuesday, the first such move by a big U.S. bank.

Economic Times Jobs · Jan 6