TICE Funding Index: AI, Mobility, Fintech and Gaming Keep Momentum Strong

Despite a quieter environment for late-stage cheques, India’s startup funding pulse remained steady this week with deeptech, logistics, fintech, and gaming attracting strong investor confidence. What stood out was a clear shift toward AI-first innovation, supply-chain digitisation and precision manufacturing — all areas aligned with India’s push toward global tech leadership.

Here’s a detailed look at the top deals of the week:

TICE Funding Index

Pidge Raises ₹120 Crore Led by LVEC — Accelerating Logistics Interoperability

The week opened with a major bet on logistics intelligence. Gurugram-based Pidge secured ₹120 crore in growth Capital in a round led by LVEC, the investment firm founded by Thomas Meyer.

Founded in 2019, Pidge runs an interoperable last-mile delivery network used by 20,000+ brands including Zomato, Swiggy, KFC, Tata 1mg and Snitch — covering 50+ Indian cities.

With rapid adoption in top metros, the company now plans a deeper push into Tier II and III markets, while scaling its AI and data stack to make delivery infrastructure smarter and more predictable.

Synthio Labs Raises $5M — Elevation Capital Leads AI Healthcare Bet

AI-driven patient engagement continues to heat up. Synthio Labs, which develops clinical-grade voice AI to improve pharma-doctor communications, raised $5 million in seed funding led by Elevation Capital, with participation from Peak XV Partners, Y Combinator, 1984 Ventures and prominent angels.

The healthtech company has already worked with global pharma leaders; one recent deployment supported 5,000 eczema patients within 48 hours — showcasing the potential of scalable digital care. Funding will fuel expansion across the US and Europe and deepen pharmaceutical ecosystem integrations.

Tractor Junction Secures $22.5M — European Investor Astanor Makes India Debut

Rural mobility and agri-commerce gained fresh momentum as Tractor Junction raised $22.5 million, led by Europe’s leading impact investor Astanor Ventures, marking its first-ever investment in India.

From tractor discovery to financing, insurance and refurbishment, the platform has built a full-stack rural ecosystem — witnessing 13X growth in three years and operating across 75 cities with 1,000+ dealer partners.

The fresh capital will bolster refurbishment infrastructure, expand credit offerings under FINJ, and improve access to affordable agri-finance, claimed to be up to 30% cheaper than informal lending.

Yubi Raises ₹411 Crore — Global Expansion & AI-Driven Lending Get a Boost

Fintech unicorn Yubi, one of India’s largest debt marketplace platforms, raised ₹411 crore via a mix of equity and debt.
While ₹336 crore came from EvolutionX Debt Capital, Founder-CEO Gaurav Kumar invested ₹75 crore personally, taking his cumulative equity infusion past ₹330 crore.

Already facilitating ₹3.2 lakh crore+ in debt volumes, Yubi enables 17,000 enterprises and 6,200 lenders. The fresh capital will power expansion into Southeast Asia, the Middle East and the US, while strengthening AI-based credit lifecycle products.

STAN Closes $10.5M Series A — Japanese Gaming Majors Double Down on India

India’s gaming and esports economy continued its upward surge with STAN closing a $10.5 million Series A round.

The round brought in major Japanese industry players including Bandai Namco and Square Enix, alongside Google’s AI Futures Fund, Reazon Holdings, and Aptos Labs.

With Nazara Technologies recently picking up a 15.86% stake, institutional faith in India’s growing gamer base is stronger than ever. STAN will scale communities in India and expand into mobile-first gaming economies overseas.

Axirium Aerospace Raises $3.5M — Strengthening India’s Aviation Supply Chain

Aerospace precision engineering is fast emerging as India’s next manufacturing frontier. Hyderabad-based Axirium Aerospace, founded in 2025, raised $3.5 million in seed funding led by Shastra VC and BEENEXT.

The company builds high-precision metal aircraft components — a capability India is aggressively localising. The funds will go toward establishing an advanced production facility and key engineering hires.

Investors include Helion Advisors’ Ashish Gupta and AIG Hospitals’ PVS Raju.

Stylework Raises ₹30 Crore — Betting Big on AI-First Flex Workspaces

Workplace mobility platform Stylework raised ₹30 crore in a Pre-Series B round to scale its AI-powered workspace marketplace.

The startup currently connects 650+ coworking operators, 5,000+ centres, and 70,000+ seats across 125+ Indian cities, with ₹280 crore in annualised GMV.

With India’s flexible workspace market projected to reach $11.3 billion by 2029, Stylework aims to capture enterprise demand and expand globally.