Latest Funding News: Five Ventures Raise $92.25M and FoundHER Challenge

India’s vibrant startup ecosystem continues to attract significant investments, empowering ventures to scale, disrupt industries, and create a global impact. From AI-driven pharmaceutical solutions to precision diagnostics and consumer-focused brands, this funding roundup underscores the ingenuity and resilience defining India’s entrepreneurial landscape. 

Retym Leads Innovation with $75M Investment in AI Networking Chips

Retym has raised $75 million to develop advanced digital signal processing (DSP) chips for AI data centers. These chips improve data transmission over distances of 10 to 120 kilometers, solving bottlenecks in AI computing. CEO Sachin Gandhi emphasized Retym's focus on creating "coherent DSP chips" for next-gen AI deployment. Retym uses TSMC's 5-nanometer process to manufacture its products and plans to launch its first chip this year. Spark Capital and Mayfield back the four-year-old startup, which aims to compete with industry leader Marvell Technology.

Entvin AI Secures $500K in Seed Funding to Revolutionize Pharma

Entvin AI, an innovative AI startup founded by IIT Bombay alumni Sanskar Jain, Hemant Phalak, and Rishabh Arya, has raised $500,000 in seed funding from Y Combinator. The company leverages AI to streamline the FDA drug approval process, automating workflows and enhancing compliance accuracy. CEO Sanskar Jain stated, “Our AI agents optimize workflows, allowing professionals to focus on strategic priorities rather than administrative tasks.”

LehLah Raises INR 12.5 Crore for Creator-Led Content Commerce

LehLah, a content commerce startup empowering creators to monetize their influence, secured INR 12.5 crore in seed funding led by Gruhas, co-founded by Nikhil Kamath and Abhijeet Pai. The funding will drive product innovation, team expansion, and brand visibility. Founder Ashna Ruia said, “This support amplifies our mission to help creators build thriving businesses around their passions.”

Tvaster Genkalp Lands $1.25 Million for Early Cancer Detection

Molecular diagnostics startup Tvaster Genkalp raised $1.25 million in a Pre-Series A funding round led by Ideaspring Capital. The investment will accelerate the commercialization of Episcreen Liver, a groundbreaking liquid biopsy test with 90% sensitivity for early liver cancer detection. Co-founder Dr. Srikar Raman emphasized, “Early detection significantly improves survival rates and enables curative treatments.”

Evenflow Raises $5 Million in Series A Round to Build Consumer Brands

Evenflow, a fast-growing house of brands in India, raised $5 million in an ongoing Series A round led by Venture Catalysts, Sunder Ramachandran, and other angel investors. With nearly $14 million raised to date, Evenflow focuses on scaling its multi-brand portfolio and expanding distribution across marketplaces like Amazon, Flipkart, and Walmart. CEO Utsav Agarwal said, “We’re strengthening our engine by leveraging backend synergies to drive profitability.”

Prosus Tech FoundHER Challenge: Empowering Women-Led Startups

The Prosus Tech FoundHER Challenge, in partnership with Encubay and VAIA Climate, addresses the funding gap in India’s tech ecosystem by providing a platform for women-led startups to scale, access global networks, and secure funding. Deeksha Ahuja, Founder of Encubay, stated, “Encubay was built to bridge the equity gap for women entrepreneurs. Partnering on initiatives like the Prosus Tech FoundHER Challenge aligns with our commitment to empowering female founders with access to capital, networks, and mentorship.”

Prajna Khanna, Global Head of Sustainability at Prosus, remarked, “Women in tech don’t need more barriers—they need opportunities. The Prosus Tech FoundHER Challenge is about backing women-led startups to scale, innovate, and lead.” The initiative offers three winners up to $50,000 in equity-free funding, enabling female founders to showcase their ventures and access catalytic capital.

A Thriving Innovation Hub: India’s Startups Lead the Way

These recent funding rounds showcase the depth and diversity of India’s startup ecosystem. With ventures like Entvin AI, LehLah, Tvaster Genkalp, and Evenflow leading the charge, India continues to emerge as a global innovation hub. Strategic investments are driving transformative solutions, market disruption, and new benchmarks for success across industries—from healthcare to digital commerce and beyond.