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India’s Startup Funding Steady: Pidge Raises ₹120 Crore; Yubi Secures ₹411 Crore

Pidge raises ₹120 crore to enhance logistics interoperability, while Yubi secures ₹411 crore, fueling expansion of AI-driven lending solutions in India.

Despite a more subdued atmosphere for late-stage investments, the startup funding landscape in India has proven to be resilient this week. Key sectors such as deeptech, logistics, fintech, and gaming are attracting robust investor interest, particularly with a prominent shift towards **AI-first** innovations, **supply-chain digitization**, and **precision manufacturing**. This trend aligns with India’s ambitions of becoming a global tech leader.

Key Funding Highlights of the Week

Pidge Raises ₹120 Crore Led by LVEC — Accelerating Logistics Interoperability

The week began with a significant investment in logistics intelligence as Gurugram-based **Pidge** secured ₹120 crore in growth capital, primarily led by **LVEC**, an investment firm founded by Thomas Meyer. Established in 2019, Pidge operates an interoperable last-mile delivery network utilized by over **20,000 brands**, including **Zomato**, **Swiggy**, **KFC**, and **Tata 1mg**, spanning over **50 Indian cities**.

With rapid adoption in major metropolitan areas, Pidge plans to expand its footprint into **Tier II and III markets**, enhancing its **AI** and data capabilities to optimize delivery infrastructure for greater accuracy and reliability.

Synthio Labs Raises $5M — Elevation Capital Leads AI Healthcare Bet

The healthcare sector is witnessing a surge in **AI-driven** patient engagement, as **Synthio Labs** raised $5 million in seed funding, led by **Elevation Capital**. This healthtech firm specializes in developing clinical-grade voice AI aimed at improving communication between pharmaceutical companies and doctors. Recently, Synthio facilitated support for **5,000 eczema patients within 48 hours**, demonstrating the efficacy of scalable digital healthcare solutions. The new funding will enable Synthio to expand its operations in **the US and Europe** while deepening integrations within the pharmaceutical ecosystem.

Tractor Junction Secures $22.5M — European Investor Astanor Makes India Debut

**Tractor Junction**, a platform focused on rural mobility and agri-commerce, raised $22.5 million, with participation from **Astanor Ventures**, marking the investor’s first entry into the Indian market. Tractor Junction provides a comprehensive rural ecosystem, including services from tractor discovery to financing and insurance. Over the last three years, the platform has seen **13X growth**, now operating in **75 cities** and collaborating with over **1,000 dealer partners**. The new capital will enhance refurbishment infrastructure and expand affordable agri-finance options, which are reportedly up to **30% cheaper** than informal lending.

Yubi Raises ₹411 Crore — Global Expansion & AI-Driven Lending Get a Boost

**Yubi**, a leading fintech unicorn in India, raised ₹411 crore through a combination of equity and debt financing. Of this, ₹336 crore was sourced from **EvolutionX Debt Capital**, while founder-CEO **Gaurav Kumar** contributed ₹75 crore personally, bringing his total investment to over ₹330 crore. Yubi has already facilitated debt volumes exceeding ₹3.2 lakh crore and serves **17,000 enterprises** and **6,200 lenders**. The latest funding will support Yubi’s expansion into **Southeast Asia**, **the Middle East**, and **the US**, alongside strengthening its **AI**-based credit lifecycle products.

STAN Closes $10.5M Series A — Japanese Gaming Majors Double Down on India

In the gaming sector, **STAN** successfully closed a $10.5 million Series A funding round, attracting prominent Japanese industry players like **Bandai Namco** and **Square Enix**, as well as **Google’s AI Futures Fund**. With the recent acquisition of a 15.86% stake by **Nazara Technologies**, confidence in India’s burgeoning gaming community is stronger than ever. STAN plans to leverage this investment to build gaming communities domestically and expand into mobile-centric gaming markets abroad.

Axirium Aerospace Raises $3.5M — Strengthening India’s Aviation Supply Chain

**Axirium Aerospace**, based in Hyderabad, raised $3.5 million in seed funding led by **Shastra VC** and **BEENEXT**. Founded in 2025, the company focuses on producing high-precision metal aircraft components—a sector India is keen to localize. The funds will be allocated toward establishing an advanced manufacturing facility and hiring key engineering talent.

Stylework Raises ₹30 Crore — Betting Big on AI-First Flex Workspaces

Finally, **Stylework**, a workplace mobility platform, secured ₹30 crore in a Pre-Series B funding round to scale its **AI-powered** workspace marketplace. Currently, Stylework connects over **650 coworking operators**, **5,000 centers**, and **70,000 seats** across more than **125 Indian cities**, generating an annualized GMV of ₹280 crore. With the flexible workspace market projected to reach **$11.3 billion by 2029**, Stylework aims to capture enterprise demand while eyeing global expansion.

This week’s funding activity underscores a robust confidence in India’s startup ecosystem, particularly in areas poised for technological evolution and enhanced operational efficiency through **AI** and digital solutions.

Marcus Chen
Written By

At AIPressa, my work focuses on analyzing how artificial intelligence is redefining business strategies and traditional business models. I've covered everything from AI adoption in Fortune 500 companies to disruptive startups that are changing the rules of the game. My approach: understanding the real impact of AI on profitability, operational efficiency, and competitive advantage, beyond corporate hype. When I'm not writing about digital transformation, I'm probably analyzing financial reports or studying AI implementation cases that truly moved the needle in business.

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