Startups That Raised Funding in New Delhi

India Infrastructure Finance Company Ltd

Location: New Delhi, India

Funding: raise up to $1 billion

Date: 85 days ago

India Infrastructure Finance Company Ltd (IIFCL) is a state-owned infrastructure finance institution that provides long-term debt financing and guarantees for infrastructure projects across India. It leverages mechanisms such as the MIGA guarantee fund to facilitate access to capital and alleviate the financial burden on the public exchequer.

VerveSemi

Location: New Delhi, India

Funding: Closes $10 M

Date: 116 days ago

VerveSemi is a New Delhi-based fabless semiconductor innovator specializing in the design of machine learning-enabled chips. The company leverages deep-tech R&D expertise to evolve into a global product leader in the semiconductor space.

EverBrands

Location: New Delhi, India

Funding: raises $15m

Date: 126 days ago

EverBrands is the master franchise operator for Subway in India, managing over 1,000 quick-service restaurants nationwide and spearheading brand expansion. It provides franchise development, store operations, and supply chain management to drive growth in the Indian fast-food market.

Olyv

Location: New Delhi, India

Funding: raises $23 m

Date: 135 days ago

Olyv is a New Delhi-based online lending marketplace that connects borrowers to a variety of financial products including business loans, insurance offerings, and UPI-enabled services, providing tailored fintech solutions for individuals and small enterprises.

Showroom B2B

Location: -

Funding: raise $17 m

Date: 135 days ago

Showroom B2B is a SaaS platform that enables building materials and home improvement manufacturers to digitize their showrooms and connect with channel partners and buyers through virtual interactive experiences, streamlining product discovery and sales workflows.

Secret Alchemist

Location: New Delhi, India

Funding: secures $3m

Date: 164 days ago

Secret Alchemist is a New Delhi-based fragrance brand specializing in clean, ingredient-led perfumes that leverage aromatherapy and essential oils to deliver wellness-focused scent solutions.

xAI

Location: -

Funding: closes $20 billion

Date: 169 days ago

xAI is an AI company specializing in the development and scaling of large-scale artificial intelligence models and computing infrastructure. It delivers advanced AI solutions to enterprises and investors, leveraging strategic partnerships to expand its global capabilities.

Karbon Card

Location: New Delhi, India

Funding: raises $15 m

Date: 202 days ago

Karbon Card is a New Delhi-based fintech company offering corporate credit cards and expense management solutions for startups and SMEs, providing real-time analytics, automated reconciliation, and flexible credit lines to streamline business spending.

Serentica Renewables

Location: New Delhi, India

Funding: raise up to $8 billion

Date: 211 days ago

Serentica Renewables is a New Delhi-based renewable energy firm specializing in the acquisition, development, and operation of solar power projects in India, leveraging growth equity to finance large-scale green energy expansions.

Housing and Urban Development Corporation Ltd (Hudco)

Location: New Delhi, India

Website: hudco.org

Funding: raise $1 billion

Date: 222 days ago

Housing and Urban Development Corporation Ltd (Hudco) is a state-owned development finance institution based in New Delhi that provides long-term debt financing for housing and urban infrastructure projects by leveraging funds from domestic and multilateral institutions.

The Policy Exchange

Location: New Delhi, India

Website: thepolicyexchange.com

Funding: Raises $1.5 M

Date: 231 days ago

The Policy Exchange is an insurtech startup offering innovative digital insurance and financial solutions aimed at disrupting traditional insurance models and improving policy accessibility and customization.

Lighthouse Canton

Location: New Delhi, India

Funding: secures $40 m

Date: 233 days ago

Lighthouse Canton is a New Delhi-based investment and asset management firm founded in 2014, providing wealth and portfolio management services across multiple asset classes for institutional and private clients.

Tsuyo Manufacturing

Location: New Delhi, India

Funding: raises $4.5 m

Date: 240 days ago

Tsuyo Manufacturing is a New Delhi-based startup that designs and manufactures core powertrain systems for electric vehicles, providing EV propulsion solutions to automakers and expanding its capabilities with new manufacturing and R&D facilities for global exports and partnerships.

HFCL

Location: New Delhi, India

Website: hfcl.com

Funding: secures $32.02 m

Date: 252 days ago

HFCL is a New Delhi–based telecommunications equipment manufacturer specializing in designing, producing, and exporting optical fibre cables and network infrastructure solutions to domestic and international customers.

Seekho

Location: India

Funding: raises $28 m

Date: 296 days ago

Seekho is an Indian edtech startup offering a mobile-first upskilling platform that delivers vocational and digital skills training through live classes and mentorship for frontline and non-technical workers, helping them access career opportunities.

LeafyBus

Location: New Delhi, India

Funding: raises $4.1 m

Date: 296 days ago

LeafyBus is a New Delhi-based startup providing intercity bus services across high-demand routes connecting cities like Agra, Lucknow, Chandigarh, Amritsar, and Patna, enhancing connectivity and travel experience.

Cumin Co.

Location: New Delhi, India

Funding: Secures $1.5 M

Date: 303 days ago

Cumin Co. is a New Delhi-based kitchenware brand that designs and manufactures innovative cooking and dining products, leveraging R&D-driven product innovation and expanded manufacturing capacity to deepen market penetration.

National Bank for Financing Infrastructure and Development

Location: New Delhi, India

Funding: raise $1 billion

Date: 304 days ago

The National Bank for Financing Infrastructure and Development (NaBFID) is a government-backed development finance institution established in 2021 to provide long-term financing for infrastructure projects across India. It raises capital through external commercial borrowings and international bond issuances to support national infrastructure growth.

National Bank for Financing Infrastructure and Development (NaBFID)

Location: India

Website: nabfid.in

Funding: raise $1 billion

Date: 304 days ago

National Bank for Financing Infrastructure and Development (NaBFID) is India’s government-owned development finance institution that provides long-term funding for infrastructure projects by mobilizing capital through bonds, external commercial borrowings, and other debt instruments.

Refold AI

Location: New Delhi, India

Funding: raises $6.5 m

Date: 316 days ago

Refold AI is an AI-driven technology startup based in New Delhi that develops enterprise-grade AI software solutions and integrations to help businesses leverage artificial intelligence in their operations.

Renee Cosmetics

Location: New Delhi, India

Funding: Secures $30 M

Date: 323 days ago

Renee Cosmetics is a New Delhi–based makeup brand that designs and markets a broad range of cosmetics to Indian consumers, focusing on high-quality, trend-driven products at accessible price points.

SuperGaming

Location: New Delhi, India

Funding: raises $15 m

Date: 324 days ago

SuperGaming is a New Delhi–based online gaming company that develops and publishes culturally localized games tailored for under-represented regions such as the Middle East and Latin America, leveraging a hyper-local content strategy.

Fraganote Fragrances

Location: New Delhi, India

Funding: Raises $1 M

Date: 325 days ago

Fraganote Fragrances is a New Delhi–based company that develops and retails a portfolio of perfumes and fine fragrances. It leverages online and offline retail channels and optimized supply chains to expand its presence in India's growing fragrance market.

SBI

Location: New Delhi, India

Website: sbi.co.in

Funding: Raise Up To $3 Billion

Date: 402 days ago

SBI (State Bank of India) is the country's largest public sector bank, providing a comprehensive range of banking and financial services to individuals, businesses, and government entities across India.

1-India Family Mart

Location: India

Funding: secures $12 m

Date: 406 days ago

1-India Family Mart is an Indian value retail chain operating large-format family marts that offer affordable apparel, footwear, home, and lifestyle products. The company focuses on expanding its presence in tier II and III cities to serve cost-conscious consumers.

ReelSaga

Location: New Delhi, India

Website: reelsaga.com

Funding: raises $2.1 m

Date: 408 days ago

ReelSaga is a mobile entertainment startup focusing on app development and localized microdrama content production, aiming to tap into the global trend for short-form video enjoyment.

Biryani Blues

Location: -

Funding: raises $5 m

Date: 409 days ago

Biryani Blues is an Indian quick-service restaurant chain specializing in biryani and other regional dishes, operating multiple outlets offering dine-in, takeaway and delivery services.

Volt14

Location: New Delhi

Funding: raises $1.87 m

Date: 417 days ago

Volt14 is a battery technology startup specializing in manufacturing advanced anodes. It aims to enhance battery efficiency and performance through innovative materials and manufacturing processes.

NaBFID

Location: India

Funding: raise $2 billion

Date: 428 days ago

NaBFID is a state-owned Indian infrastructure development bank that provides long-term debt financing for large-scale infrastructure projects across sectors such as energy, transportation, and urban development. It mobilizes domestic and international capital, including through offshore bond issuances, to bridge India’s infrastructure funding gap.