Global investment firm Alpha Wave has exited almost its entire stake in fintech company Pine Labs through a block deal worth around INR 550 crore, picked up by ICICI Prudential Life, Societe Generale and other institutional investors.
Noida-based edtech startup YoLearn.ai has raised an undisclosed seed round led by ABP Education, which will convert its school textbooks into AI tutors accessible in 22 Indian languages.
Bengaluru-based Makr Microsystems has raised INR 10.2 crore in a seed round led by Bluehill VC, with Artha Venture Fund participating, to develop nanoscale 3D subsurface metrology technology for chipmakers.
Brussels-based Backbone has raised €4 million in pre-seed funding to build an AI-driven compliance platform that consolidates certifications, lab results and audit data for food manufacturers.
Tata Sons has cleared an investment of over INR 10,000 crore in Air India, subject to conditions requiring thorough business justification for future financial infusions, as the airline continues its turnaround.
Boston-based Elucid has raised $55 million in Series D funding, bringing its total raised to approximately $185 million, to advance its AI-driven medical device and diagnostics platform.
Beauty and wellness services company VLCC has raised INR 110 crore in funding from BlackSoil Capital, as the legacy Indian brand continues to modernise its operations and expand its footprint.
Auckland-based Outlier Space has raised NZ$10.5 million in pre-seed funding, backed by GD1, Airtree and Investible, to build orbital manufacturing technology.
Medellín-based fintech Plenti has raised $3 million in seed funding led by Tether, offering multicurrency accounts and investment services for freelancers and remote workers across Latin America.
Tel Aviv-based Guardio has raised $40 million, pushing its valuation to approximately $1.1 billion, as the consumer cybersecurity company surpasses one million customers using its AI-driven phishing and malware detection.