
New Delhi, June 24 -- Broking platform Sahi, electric cab provider Evera Cabs, B2B textile startup Fantail, defence-tech startup Armory, ice pop brand Skippi, skilling platform Kruu and medtech startup Innovodigm have raised early-stage funding, the companies said Tuesday.
Sahi
Broking platform Sahi has secured $10.5 million (Rs 90 crore) in Series A funding round led by existing investors Accel and Elevation Capital.
Sahi offers analysis and execution on a single screen. Initially launched on mobile, it now supports desktop workflows as well.
Founded by Dale Vaz and Manish Jain, Sahi is a NSE and BSE-registered broker with an inhouse trading platform.
Armory
Armory, a defence-tech startup focused on AI-powered counter-drone systems, has raised Rs 13 crore in seed round led by growX Ventures, with participation from Industrial 47, Antler, AC Ventures, and Dexter Ventures.
The funds will be used to advance R&D and scale manufacturing for faster deployment, the startup said.
Founded in 2024 by IIT-Bombay alumnus and aerospace engineer Amardeep Singh, Armory develops indigenous Counter-Unmanned Aircraft Systems (C-UAS) to detect, deny, and destroy rogue drones.
Evera Cabs
Evera Cabs, an all-electric, app-based taxi service, has raised $4 million (Rs 34.4 crore) in funding from Mufin Green Finance through a hybrid structure comprising convertible debentures and debt.
The funds will be used to expand Evera's electric vehicle fleet. Operated by Prakriti E-Mobility Pvt Ltd, Evera serves corporate clients in the B2B segment and focuses its B2C operations on airport-centric travel, primarily at Indira Gandhi International Airport in Delhi.
Fantail
Fantail, a Surat-based B2B textile startup specializing in man-made fabrics for enterprise fashion retail, has raised $1.6 million in seed funding. The round was led by Riverwalk Holdings, Incubate Fund Asia, and All in Capital.
Founded in 2023 by Ramya Iyer, Fantail plans to use the funds for investments in its partner weavers, mills, and processors in Surat. The company also aims to enhance backend technologies to streamline operations and expand its team, particularly in design, quality, and technical roles.
Skippi
Skippi, an ice pops brand, has raised Rs 12 crore in an extended pre-Series A round. The round was led by the Dubai-based family office of Surya, who invested Rs 10 crore, with the remaining Rs 2 crore from angel investors, facilitated by Bestvantage Investments.
The funds will support brand growth, product innovation, senior hires, and expansion into the Middle East. Launched in 2021, Skippi claims that it is now available in over 20,000 retail outlets and major e-commerce platforms.
Earlier this year, Skippi raised a bridge round from Hyderabad Angels, Venture Catalysts, and others.
Innovodigm
Innovodigm, a Kolkata-based medtech startup, has raised Rs 5.5 crore in seed funding led by IAN Group, which invested Rs 4.5 crore, and PadUp Ventures.
The funds will accelerate development of its patented Microneedle Array Patch, a painless, needle-free, and thermostable vaccine delivery system, the company said in a statement.
Founded in 2020 by Dr. Jhimli Manna and Dr. Ayan Chatterjee, Innovodigm aims to optimize processes, scale infrastructure, and expand its team to support preclinical validation and prepare for clinical trials next year. It addresses global immunization challenges like cold-chain failures and sharps waste
Kruu
Kruu, a Chennai-based learning and skilling platform that connects students worldwide with university professors and industry experts, has closed a Rs 1 crore bridge round.
To date, Kruu has raised $1.25 million in pre-seed funding, including this bridge round, and has started generating revenue in its second year of operations, the company said in a statement.
Founded in late 2022 by musician and educator Anil Srinivasan, Kruu aims to help middle and high school students develop real-world skills through guided projects led by global subject matter experts.
In just over two years, Kruu claims that it has built a community of over 470,000 students, including more than 130,000 paying users across India, Sri Lanka, the Maldives, and is now expanding into the UAE, Malaysia, Latin America, and beyond.
Prozo
Indian cricketer Rohit Sharma has invested in Prozo, an integrated supply chain platform. The company didn't disclose the amount Sharma invested.
Founded in 2016 by Dr. Ashvini Jakhar, a former Naval doctor and McKinsey alumnus, Prozo offers a full-stack solution combining warehousing, freight, and fulfillment. It counts Sixth Sense Ventures and Jafco Asia as its investors.
Currently, Prozo operates 42 tech-enabled warehouses spanning 2.2 million sq. ft. It serves over 24,000 pin codes and is operating at a revenue run rate of Rs 250 crore, it said in a statement.
Published by HT Digital Content Services with permission from VC Circle.