AI dominated headlines this week, but funding flowed across healthcare and EV startups too, underscoring sustained investor interest despite market uncertainty.Artificial intelligence (AI) may have dominated conversations in India’s tech circles this week, but funding activity extended beyond the buzz.
From innovative platforms in healthcare and electric vehicle (EV) companies, the country’s innovation agenda shows no signs of stopping despite broader market uncertainties.
ETEntrepreneur brings a roundup of key deals below.
Stable Money raises $25 mn in Pre-Series C led by Peak XV
Wealthtech startup Stable Money has raised $25 million in a Pre-Series C funding round led by Peak XV Partners, with participation from existing investors Z47, RTP Global and Fundamentum Partnership. The company has raised a total of $65 million to date. The fresh capital will be used to strengthen the core platform, expand into complementary savings products, and hire across product, partnerships, technology and customer experience functions. The company said it will also deepen direct partnerships with banks and NBFCs.
Read the whole story here.
Pluto Mobility raises $2 mn seed round led by Version One Ventures
EV startup Pluto Mobility has raised $2 million in a seed funding round led by Version One Ventures, with participation from Grad Capital.
The round also saw backing from founders and senior executives of companies including Delhivery, OfBusiness, Pixxel and Boom Supersonic.
The fresh capital will be used to strengthen engineering and product development capabilities, hire talent, and prepare for pilot deployments across key urban markets.
Read the whole story here.
Intrinsic Foundries raises ₹12 Cr seed funding led by Transition VC
Intrinsic Foundries, a carbon-to-value biomanufacturing startup, has raised ₹12 crore in a seed funding round led by Transition VC.
The Hazaribagh, Jharkhand-based startup, said it will use the funds to run industrial pilots, expand research, file intellectual property, and build its engineering and commercial teams. It also plans to strengthen manufacturing capabilities and set up a US entity for international market access.
Read the whole story here.
Artociti raises ₹1 Cr from Namita Thapar, Vineeta Singh
Artociti, a mass premium 3D wall art brand, has raised ₹1 crore for a 7.5 per cent equity stake on Shark Tank India from investors Namita Thapar and Vineeta Singh, valuing the company at around ₹13.33 crore.
Founded by Indrajeet Kumar and Swatiki Prakash, Artociti manufactures large-format, high-relief 3D wall décor and operates a vertically integrated production model. The company currently runs a 3,000 sq. ft experience centre in Delhi.
Read the whole story here.
Peptris raises ₹70 cr Series A led by IAN Alpha Fund, Speciale Invest
AI drug discovery startup Peptris has raised ₹70 crore in a Series A funding round led by IAN Alpha Fund and Speciale Invest. The round also saw participation from Tenacity Ventures, BYT Ventures and other investors.
The fresh capital will be used to advance existing programs into clinical development, initiate new novel chemical entity (NCE) programs, and scale drug repurposing initiatives over the next 24 months.
Read the whole story here.
BII invests ₹43 crore in EV firm Turno
British International Investment (BII) has exceeded its $1 billion climate finance commitment in India for the 2022-2026 strategy period and announced a fresh ₹43 crore investment in EV battery infrastructure company Turno.
The UK’s development finance institution said it has now deployed $1.1 billion towards climate initiatives in India.
The latest funding into Turno will support the launch of ElectricGo, the company’s new e-bus business unit, and enable financing of 34 intercity electric buses across India.
Read the whole story here.
CraftifAI raises $3 mn seed funding led by Ankur Capital
CraftifAI has raised $3 million in a seed funding round led by Ankur Capital, with participation from IvyCap Ventures, Capital-A, Antler and other investors.
The fresh capital will be used to scale the company’s engineering and go-to-market teams as it expands into global embedded, edge and IoT markets.
Founded in 2025 by Pratik Sharda and Yashwant Dagar, CraftifAI is building an agentic AI platform designed to automate embedded software development for edge, IoT and AI-powered devices.
Read the whole story here.
While cheque sizes may be cautious, investors’ willingness to fund companies with strong product differentiation underscores their continued confidence in the innovation pipeline.
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