From Eggoz’s $20 million Series C fundraise to Peak XV’s windfall gains from upcoming portfolio companies’ IPOs, YourStory brings you today’s headlines with the latest developments across sectors.
Featured stories
Peak XV sees likely windfall gains from IPOs
Peak XV Partners, one of India’s largest venture capital firms, is poised for strong returns from a string of upcoming IPOs in its portfolio, even as it navigates top-level churn and gears up to raise a new fund.
According to their respective draft red herring prospectuses, Peak XV has emerged as the largest selling shareholder in the IPOs of both Wakefit and Pine Labs so far.
Read more here.
How Timbuckdo is empowering college students to earn, save, and grow
Every year, millions of college students in India seek ways to earn extra income, gain work experience, and manage expenses. However, they struggle to find reliable, structured, and student-friendly platforms to support them.
The student gig economy remains largely unorganised, leaving Gen Z to navigate scattered, sometimes exploitative avenues to hustle through college life.
This is the gap Timbuckdo aims to bridge. Founded in 2022 by Mythri Kumar, and joined by Apoorv Prasad in 2024, the Bengaluru-based startup is on a mission to help college students earn, save, and grow.
Read more here.
Resilience AI shows how risk-prone your city’s buildings are and suggests ways to fix them
New Delhi-based climate-tech startup Resilience AI helps urban bodies, governments, and companies figure out which buildings and infrastructure in their cities are most vulnerable to disasters like floods, earthquakes, heatwaves, and landslides, and what to do about it.
Read more here.
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Funding stories
Aukera raises $15M led by Peak XV to expand retail presence
Lab-grown diamond jewellery brand Aukera has raised $15 million in a funding round led by Peak XV Partners, with participation from existing investors including Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital.
The Bengaluru-based company said it will use the capital to expand its retail footprint, strengthen product offerings, and invest in design and marketing capabilities.
Read more here.
Infra.Market raises $50M from MARS Growth Capital in debt funding
Infra.Market, the construction materials platform, has raised an additional $50 million in debt funding from MARS Growth Capital even as the startup gets ready for an initial public offering (IPO).
In a statement, Infra.Market said MARS Growth Capital has extended the terms of its existing financing of $100 million by another five years and takes the total debt funding to $150 million.
Read more here.
Eggoz raises $20M in Series C round to strengthen branded eggs business
Agri-consumer brand Eggoz has raised $20 million in a Series C funding round led by Gaja Capital.
The funding will be used to deepen market presence in current cities, expand to new regions, and strengthen technology and supply chain operations, Eggoz said in a statement.
Read more here.
Other news
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Still renders of Dhruva Space’s upcoming AIT facility to be located at the TSIIC Hardware Park II, Shamshabad. | Image credit: Dhruva Space
” align=”center”> Still renders of Dhruva Space’s upcoming AIT facility to be located at the TSIIC Hardware Park II, Shamshabad. | Image credit: Dhruva Space
SatSure signs MoU with Dhruva Space to deliver end-to-end Earth observation-as-a-service solutions
Space solutions provider Dhruva Space on Monday signed a memorandum of understanding (MoU) with earth observation and decision intelligence company SatSure.
Under this partnership, both companies will combine their indigenously developed capabilities across upstream and downstream segments of the space value chain.
The strategic collaboration aims to provide a one-stop-shop support for the growing space-based observation needs by combining SatSure subsidiary KaleidEO’s next-generation analytical solutions with Dhruva Space’s expertise in small satellite platforms, critical subsystems, and system integration.
Amazon to bring tours of its fulfilment centres in India
Ecommerce giant Amazon on Monday said it is expanding its public tour program Amazon Tours to India.
Under this initiative, interested visitors get to step inside Amazon’s fulfilment centres (FC) to observe the technology and meet the people behind powering customer deliveries.
Beginning fourth quarter of FY25, Amazon will offer free 45 to 60-minute guided in-person tours of its FC in Delhi NCR and Bengaluru.
“We’ve built India’s fastest, safest, and most reliable operations network, and now we’re excited to give people a chance to see it firsthand,” said Abhinav Singh, VP Operations India and Australia. “These tours offer visitors a behind-the-scenes look at the technology and people working together to deliver for our customers every day.”
Edited by Jyoti Narayan
