Furlenco picked up INR 125 crore in a new round. That’s about USD 15 million. The money came from Sheela Foam Limited, the company behind Sleepwell. Whiteoak and investor Madhu Kela put in some too.

This is Sheela Foam’s first investment in Furlenco since they bought a 35% stake in July 2023. That earlier deal was for INR 300 crore.

Furlenco plans to use the cash to add more products, build up its omnichannel operations, and scale distribution. The goal is to get the business ready for public markets. The company also said it is thinking about a possible IPO in the coming years.

Furlenco started in 2012. It has raised several rounds before from investors like Lightbox Ventures and others. It claims over 1.5 lakh active subscribers now and says it has furnished more than 10 lakh homes in India.

It turned profitable in FY25 with INR 240 crore in revenue and INR 3 crore in profit, after a loss the year before. Total funding so far is USD 313 million.

Furlenco runs a subscription-based furniture rental service. It serves customers who need furniture across cities in India. People can rent items, buy them new, or pick refurbished

Blinq Mobility raised INR 4.3 crore in a pre-seed round. The deal was led by 8i Ventures. IIMA Ventures, AIC Banasthali Vidyapith, Pharos Ventures, and Operators Studio took part. A group of angel investors also joined, including Neil Shroff, Arun Kumar Mahala, and Sarita Ahlawat.

The cash will go toward product development and vehicle engineering. It will also help build battery systems and swapping stations. Some will fund pilot programs with ride-hailing partners. The Blinq team said the best way to handle EV power is to swap batteries fast instead of charging.

Blinq Mobility builds electric vehicles with battery swapping for city use. The setup targets high-use fleets like logistics and ride-hailing to cut costs and downtime. The company works in India with support from places like ARAI.

Enerzolve Smart Technologies has closed a USD 5.1 million seed round. Jungle Ventures and Kae Capital co-led the deal. Several startup founders also took part.

The company will put the capital into stronger manufacturing and further product development for smart grid and energy storage lines. It plans to grow pilot manufacturing and get key certifications for its hardware. The engineering team will expand for testing, validation, and bigger deployments. Part of the money will build deeper own tech in embedded systems, firmware, and silicon work.

Enerzolve develops embedded and power electronics solutions for smart grids, renewable energy integration, and battery storage. Its products include protection relays, smart meters, analyzers, grid monitors, batteries, management systems, converters, and inverters. The company serves industrial and commercial customers in India.

Source: - PropTech Buzz.

Ringg AI has closed a USD 5.5 million Series A round. Arkam Ventures led the investment. Groww Founder Fund, Kunal Shah, White Venture Capital, and existing backer Capital2B also took part.

The startup will use the money to add people to engineering and go-to-market teams. It plans to create new products and grow its presence outside India. Part of the capital will go toward building its own AI models and internal GPU setup. This will allow on-premise options for large enterprises that need strict compliance.

Siddharth Shankar Tripathi, the founder and CEO, said voice is the best way to express thoughts. The platform lets companies handle operations through conversations, without code, and at a scale old systems can’t reach. The new funds will help make the product stronger, develop in-house models, and support on-premise setups for more control. In the long run, the team wants to handle 1 billion business conversations.

Rahul Chandra, managing director at Arkam Ventures, said AI is changing how enterprises use voice across their work. Voice is easy to adopt and opens up much more automation than before. Ringg AI already has the most live enterprise cases among similar companies. It should reshape how workflows get built.

The company processes around 1.5 million voice conversations a month. About three-quarters get resolved without any human help.

Ringg AI is a voice AI startup based in Bengaluru. It runs a no-code platform that lets enterprises build and run AI voice agents for customer tasks. The agents work in areas like support, lead checks, collections, scheduling, and screening, across multiple languages.

Source:- YourStory.

WanderOn has closed a INR 54 crore Series A round. The company calls it one of the largest institutional raises in India’s experiential travel space. DSG Consumer Partners and Client Associates Alternate Fund led the round together.

The capital will go toward expanding globally and creating new kinds of experience-led trips. The team also plans to improve technology and community features to make trip planning simpler and more connected.

Investors from DSG Consumer Partners said the WanderOn team understands how consumers now prefer experiences over material things. The community approach has driven steady growth, and they are happy to back the next steps in global reach and product work.

From Client Associates Alternate Fund, they noted that WanderOn has built a standout platform focused on authentic travel and real connections. The strong growth and active community put it in a good spot to shape experiential travel in India.

Govind Gaur, CEO, said young people are choosing to spend on genuine experiences rather than flashy items. For many, travel has become a regular part of life. The announcement comes directly from the company on their blog.

WanderOn organizes group trips built around shared experiences and community. It serves young travelers who want authentic connections on their journeys. The company is based in Gurugram and runs trips to over 40 domestic and international destinations.

Nitro Commerce has closed a USD 5 million Series A round. Cornerstone Ventures led the investment. Ankurit Capital, Grand Anicut Angel Fund, Equentis Wealth Advisory Services, India Accelerator & Finvolve, Razorpay Ventures, and Rukum Capital also took part.

The company plans to use the capital for platform growth and stronger AI features. It will scale operations abroad and make new hires. Most revenue comes from India right now, but there are already some customers in the UAE and the US.

The co-founder and CEO Umair said the startup has hit USD 5 million in annual recurring revenue. The target is USD 10 million next. The plan includes doubling down on India and taking products to international markets. The startup is also starting to roll out Nitro Pulse, a new offering that has been piloted with ten clients.

Nitro Commerce is an AI-based marketing platform. It helps D2C brands with intent-based advertising and measuring campaigns across channels. The company is based in Delhi NCR and operates mostly in India.

AntiNorm has closed a INR 28 crore seed funding round.Fireside Ventures led the investment. Existing investors V3 Ventures and Rukam Capital joined again and increased their earlier commitments.

The brand plans to use the capital to expand digital and offline channels. It will also strengthen research and development and scale direct-to-consumer operations. Some funds will go to hiring in product development, growth, R&D, and operations. Part will support working capital for high-velocity products. The company expects to launch up to seven new products over the next year.

Aparna Saxena, founder and CEO, said the brand wants to make beauty simpler for women who need results without extra effort. Early customer response shows there is demand for practical innovation in daily products.

AntiNorm is a D2C beauty and personal care brand based in New Delhi. It makes high-performance, multifunctional products for working Indian women. The products help simplify daily routines with items like dry shampoo, all-in-one hair cream, and lip treatments.

Source:- Entrepreneur India.