StartupSuperb

Category: Funding Flow

  • Nuuk Secures Million Investment from Vertex Ventures SEA and Good Capital

    Nuuk Secures $2 Million Investment from Vertex Ventures SEA and Good Capital



    Nuuk Secures Over $2 Million in Funding for Home Appliances

    Nuuk Secures Over $2 Million in Funding for Home Appliances

    Home appliance brand Nuuk has successfully raised over $2 million (approximately Rs 19 crore) in a follow-on funding round led by Vertex Ventures SEA and Good Capital, both of which also participated in the company’s previous Series A funding round in February 2025.

    This investment elevates Nuuk’s total funding to over $10 million (~Rs 90 crore). Earlier in March this year, Nuuk secured $5 million (Rs 40 crore) in a Series A funding round, also led by Vertex Ventures SEAI.

    The funds will be utilised to enhance its made-in-India supply chain, strengthen its brand presence, and further product development.

    About Nuuk

    Founded by Gazal Kalra and Shalabh Gupta, Nuuk is a direct-to-consumer (D2C) home appliance brand that focuses on designing and selling high-performance, aesthetically pleasing appliances aimed at urban Indian consumers.

    Design-First Approach

    Nuuk employs a design-first product development methodology, with an emphasis on addressing real-world challenges through human-centric engineering. The company manufactures its products in India and markets them online, offering a diverse array of kitchen and home appliances tailored to modern households.

    Full-Stack Model

    Nuuk operates on a full-stack model that includes in-house product design, controlled supply chains, and direct online sales. This model helps the company distinguish itself from traditional brands and imported appliances.


  • NPrep Secures Pre-Seed Funding Round Led by All In Capital to Enhance Job Placement Services

    NPrep Secures Pre-Seed Funding Round Led by All In Capital to Enhance Job Placement Services


    NPrep Announces Funding Round to Enhance AI-Powered Skilling for Nursing Students

    NPrep, a company focused on placements, is developing an AI-driven skilling platform specifically for nursing students and professionals. The company has secured an undisclosed amount in a pre-seed funding round led by All In Capital, with contributions from IIMA Ventures, Chegg’s founder Aayush Phumbhra, as well as various family offices and angel investors.

    The funding will be used to expand course offerings, enhance AI-based learning platforms, and strengthen placement partnerships with hospitals and healthcare institutions throughout India, as stated by NPrep in a press release.

    Background of NPrep and Its Vision

    NPrep was co-founded in 2024 by Prince Kaushik, Utkarsh Paliwal, Gourav, and Shrey Gupta. The startup’s mission is to break down the barriers faced by students from tier II and tier III cities by providing a tailored AI-powered skilling and placement platform aimed at the unique needs of nursing students and professionals.

    Support Services Offered by NPrep

    According to NPrep, the platform will assist students with mock interviews, resume building, and automated assessment tools designed to enhance job readiness. The platform currently boasts over 2 million learners each month and has expanded its user base to 40,000 students within the last six months.

    Future Expansion Plans

    The company aims to broaden its placement services domestically in FY26 and expand internationally by FY27, building upon its expertise in medical and technological fields.

  • MangoPoint Secures Million in Pre-Series A Funding, Led by IPV

    MangoPoint Secures $1 Million in Pre-Series A Funding, Led by IPV


    MangoPoint Secures Funding to Boost Agritech Exports

    Chennai-based agritech exporter MangoPoint has successfully raised $1 million in a pre-Series A funding round that was led by Inflection Point Ventures (IPV). This round also saw contributions from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation.

    The capital injection will enable MangoPoint to enhance its infrastructure, enter new markets, improve backend operations, and expand its range of products.

    MangoPoint’s Journey and Mission

    Founded in 2018 by Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint positions itself as a premium exporter of chemical-free, single-origin Indian mangoes and processed mango products. Its primary markets include North America and Europe.

    Annual Mango Exports and Future Goals

    The startup currently manages over 2,000 metric tonnes of mangoes each year and has ambitious plans to scale this amount tenfold to 20,000 MT in the next few years. MangoPoint boasts packhouses recognised by APEDA and NPPO, as well as FDA approval for exporting to significant international markets.

    Market Potential for Mango Products

    According to market research, the global mango industry is valued at $60 billion, with India contributing a substantial $20 billion. The sector is experiencing growth at a rate between 4.9% and 8% CAGR.

  • Aukera’s Valuation Skyrockets Over 4.5 Times in Series B Funding Round

    Aukera’s Valuation Skyrockets Over 4.5 Times in Series B Funding Round


    Aukera Secures $15 Million in Series B Funding for Lab-Grown Diamond Jewellery

    Lab-grown diamond jewellery brand Aukera has recently completed a successful Series B funding round, securing $15 million. This round was led by Peak XV Partners, with notable contributions from existing investors such as Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital.

    While specific details regarding the company’s valuation and dilution were not publicised, Startup Superb’s review of regulatory filings provided insights into the round-wise breakdown and shareholding structure.

    The board of Aukera Jewellery issued 988,129 preference shares at an issue price of Rs 1,250.3 each, resulting in a total raise of Rs 124 crore (approximately $15 million), as reported in their filing with the Registrar of Companies (RoC).

    Peak XV Partners led the funding round with an investment of Rs 90.6 crore, while existing investor Fireside Ventures contributed Rs 23.7 crore. Additional amounts came from Sparrow Capital, Prath Ventures (through the Eternal Emerging Enterprise Fund), and Alteria Capital.

    According to estimates from Startup Superb, the brand’s post-money valuation has increased over 4.5 times to reach Rs 604 crore (around $71 million), which is a significant rise from Rs 124 crore ($15 million) when the company previously raised $3.2 million in August of the previous year.

    As reported by various sources, the Bengaluru-based startup has raised a total of approximately $19 million through multiple funding rounds. Following this latest round, Fireside Ventures emerges as the largest external shareholder with a 19.1% stake, while new investor Peak XV holds a 15% interest. Co-founders Lisa Mukhedkar and Kumar Saurabh each maintain a 24.1% ownership in the company.

    Aukera: A Women-Centric Lab-Grown Diamond Jewellery Brand

    Founded in 2023, Aukera focuses on women’s jewellery, offering a range of high-quality lab-grown diamond products such as rings, pendants, bracelets, and necklaces. The company operates through both online and offline platforms, currently running 13 stores across major cities including Bengaluru, Delhi NCR, and Hyderabad.

    Financial Performance and Strategic Positioning

    In its inaugural year of operations (FY24), Aukera reported operating revenue of Rs 5.2 crore, alongside a net loss of Rs 2.85 crore.

    Aukera is positioned within a competitive landscape of lab-grown diamond jewellery startups that have recently captured investor interest. Competitors include Priyanka Gill’s COLUXE, which has secured angel funding; Jewelbox, which raised $3.2 million; and GIVA, supported by Aditya Birla, with Rs 530 crore raised, also offering a line of lab-grown diamonds. Other noteworthy players in this market include Fiona Diamonds, Palmonas, and Limelight Diamonds.

  • RENÉE Cosmetics Secures Million in Series C Round, Valuation Hits 0 Million

    RENÉE Cosmetics Secures $30 Million in Series C Round, Valuation Hits $200 Million



    RENÉE Cosmetics Raises $30 Million in Series C Funding

    RENÉE Cosmetics Secures $30 Million in Series C Funding

    RENÉE Cosmetics, a direct to consumer beauty brand, has successfully raised $30 million in its Series C funding round, led by Playbook with secondary investments from Midas. This recent funding round values RENÉE at $200 million, marking a 1.4X increase from its $12 million extended Series B round, which was reported last June by Startup Superb.

    While additional details regarding the secondary transaction have not been disclosed, this funding will be pivotal for RENÉE Cosmetics.

    Expansion Plans with New Capital

    With a robust portfolio of over 200 SKUs, RENÉE Cosmetic’s strategy involves using this new capital to broaden its product offerings. The brand aims to enhance its omnichannel presence in tier I and tier II cities, while also investing in technology and marketing strategies to fortify brand awareness.

    About RENÉE Cosmetics

    Founded by Aashka Goradia Goble in partnership with Beardo co-founders Priyank Shah and Ashutosh Valani, RENÉE Cosmetics offers a variety of products, including eye makeup, lip colours, skin serums, and highlighters. The brand can be found on various third-party e-commerce and quick commerce platforms and is present in over 15,000 outlets throughout India.

    Global Expansion Efforts

    In its pursuit of global growth, RENÉE is testing an online presence in regions such as the US, UAE, and Australia.

    Strategic Growth and Revenue Goals

    According to Ashutosh Valani, Co-founder of RENÉE Cosmetics, this funding provides the brand with the necessary resources to amplify their marketing engine and manage consumer acquisition more effectively. With an annual revenue run rate (ARR) of Rs 500 crore, the brand is optimistic about achieving Rs 1,000 crore in revenue within the next two years.

    Investment History

    To date, RENÉE Cosmetics has secured approximately $76 million from various investors, including Evolvence India, Edelweiss Group, Equanimity Ventures, and 100Unicorns.

    Financial Performance

    For the fiscal year set to end in March 2024, RENÉE Cosmetics reported a significant revenue boost, reaching Rs 191.65 crore, compared to Rs 97.15 crore in FY23. However, losses increased by 88.2%, totalling Rs 61.45 crore during this time.

    Although the company has yet to submit their annual report for FY25, RENÉE asserts it has experienced nearly threefold growth over the last 18 months, attributing this to strong customer engagement, expansion into multiple channels, and innovative product launches.


  • Xovian Aerospace Secures .5 Million in Financing from Piper Serica and TurboStart

    Xovian Aerospace Secures $2.5 Million in Financing from Piper Serica and TurboStart


    Xovian Aerospace Successfully Secures $2.5 Million in Pre-Seed Funding

    Spacetech startup Xovian Aerospace has successfully secured $2.5 million in a pre-seed funding round, with backing from Piper Serica and TurboStart, alongside contributions from Inflection Point Ventures (IPV) and Eaglewings Ventures.

    The funding will be allocated towards the development of AI-native radio frequency (RF) satellite infrastructure and to facilitate space trials expected by the end of the year.

    Xovian’s Innovative RF Nanosatellite Constellation

    Xovian is in the process of constructing a constellation of RF nanosatellites, which provide real-time signal intelligence by capturing and decoding dynamic signals. This approach stands in contrast to traditional satellites that depend solely on optical data.

    Industry Applications of Xovian’s Platform

    The platform caters to a variety of sectors, including maritime, aviation, defence, oil and gas, and weather forecasting, by delivering continuous RF data integrated with AI-driven decision intelligence.

    Expansion Plans and Insights

    With discussions for pilot projects ongoing in Southeast Asia and the Middle East, Xovian’s vertically integrated model promises low-latency, high-fidelity insights, asserting that it can generate up to six times more data value per dollar compared to conventional systems.

    The Growing Spacetech Landscape

    Data from various intelligence platforms indicate that over a dozen spacetech startups have raised approximately $21 million in 2025. Some notable companies include OrbitAid, InspeCity, and Sisir Radar, among others.

  • Outzidr Secures .1 Million Funding Round Led by RTP Global

    Outzidr Secures $3.1 Million Funding Round Led by RTP Global

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    Outzidr Secures Rs 27 Crore in Pre-Series A Funding to Expand Fashion Brand for Gen Z Women

    Outzidr, a fashion label tailored for Generation Z women, has successfully raised Rs 27 crore (approximately $3.1 million) in a pre-Series A funding round. This investment was led by RTP Global, with the involvement of existing investor Stellaris Venture Partners.

    The Bengaluru-based company had previously garnered Rs 30 crore (around $3.5 million) during its seed funding round, which was also spearheaded by Stellaris Venture Partners alongside a group of strategic angel investors.

    The funds acquired will support the upcoming phase of growth, which includes launching its first exclusive offline store by March 2026 and expanding its design, operations, and technology teams, according to Outzidr’s press release.

    About Outzidr

    Founded in 2024 by Nirmal Jain, Mani Kant Mani, and Justin Mario, Outzidr operates as a digital-first fashion brand that provides trendy western attire for Indian women aged 18 to 28. The brand caters to the modern woman for various occasions, including brunches, date nights, music events, college fests, airport trips, and spontaneous weekend escapes.

    Innovative Business Model

    Outzidr utilises a test and scale model, allowing the brand to pilot small batches and focus on its bestsellers. According to the company, it introduces up to 2,000 new styles each month—equating to about 500 styles per week—via its own D2C platform as well as prominent marketplaces like Ajio, Myntra, and Nykaa Fashion.

    Mission and Vision

    “Outzidr exemplifies the vibrancy of a new generation—quick, innovative, and unafraid,” mentioned Nirmal Jain, Co-founder and CEO of Outzidr. “The brand is committed to listening, learning, and adjusting in real-time. This funding is a powerful endorsement of our mission to become the go-to fashion option for Gen Z women, as well as a testament to the remarkable team and prospect we are building.”

    Market Insights

    Market analysis shows that India’s fast fashion sector is currently valued at around $10 billion and is expected to soar past $50 billion by FY 31, with a projected compound annual growth rate (CAGR) of approximately 30%.

    In just five months, Outzidr claims to have amassed over 100,000 customers, achieved a retention rate of 1.5 times, and rolled out more than 8,000 styles on its platform. The brand primarily competes with notable players in the industry such as NEWME, Zudio, and Style Union.

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  • SuperGaming Secures Million Funding Round Led by Skycatcher and Steadview

    SuperGaming Secures $15 Million Funding Round Led by Skycatcher and Steadview



    SuperGaming Secures $15 Million Funding for Global Expansion


    SuperGaming Secures $15 Million Funding for Global Expansion

    Gaming company SuperGaming has successfully secured $15 million in a Series B funding round, with contributions from existing investors Skycatcher and Steadview Capital. This funding round also saw participation from a16z’s Speedrun, Bandai Namco’s 021 Fund, Polygon Ventures, Neowiz, GFR Fund, IVC Japan, Loud.GG, and notable individual backers including Sandeep Nailwal, co-founder of Polygon.

    Based in Pune, SuperGaming previously raised $5.5 million during its Series A round in August 2021. Following this latest round, the company claims to have exceeded the $100 million valuation milestone.

    The company intends to use these funds to facilitate the international launch of its game Indus, starting in Latin America in collaboration with the Brazilian esports organisation Loud.GG. Additionally, the investment will support the enhancement of its game development and publishing infrastructure, as outlined in a press release from SuperGaming.

    About SuperGaming’s Origins and Success

    Founded in 2017 by industry visionaries Navneet Waraich, Sanket Nadhani, Avinash Pandey, Sreejit Jayanthan, and Roby John, SuperGaming is an Indian gaming powerhouse. The company has developed and published several mobile games, including MaskGun, Tower Conquest, and Silly Royale, collectively amassing over 200 million installs. Furthermore, SuperGaming operates a real-time multiplayer platform known as SuperPlatform.

    Venturing into Web3 Gaming

    In a significant step towards Web3 gaming, SuperGaming has formed a partnership with B3 GameChain, a gaming-centric Layer-3 blockchain built on the Base, which is the Ethereum Layer-2 network incubated by Coinbase. This collaboration allows SuperGaming to accommodate both Web2 and Web3 players across its diverse portfolio.

    Market research indicates that the Indian gaming market is set to reach $9.2 billion in annual revenue by FY29, reflecting significant growth potential.

    Silly Royale is now operational on SuperGaming’s custom Layer-3 chain powered by B3, featuring benefits such as asset continuity, interoperable progression, and digital ownership. For the fiscal year ending March 2024, the company reported a revenue of Rs 43.4 crore, along with a net profit of Rs 3.9 crore.


  • HYLENR Secures Million in Pre-Series A Funding for Clean-Tech Innovation

    HYLENR Secures $3 Million in Pre-Series A Funding for Clean-Tech Innovation



    HYLENR: Pioneering Clean Energy with LENR Technology

    HYLENR: Pioneering Clean Energy with LENR Technology

    Clean energy startup HYLENR has successfully secured $3 million in a pre-Series A funding round, co-led by Valour Capital and Chhattisgarh Investments Limited. Additional contributions came from investors like Karthik Sundar Iyer and Anant Sarda. This influx of funds will help propel the company from its pilot phase to a market launch, reflecting the increasing confidence among investors in LENR as a practical substitute for fossil fuels, according to a recent press release from HYLENR.

    About HYLENR Technologies

    Established in 2024, HYLENR Technologies stands at the forefront of energy innovation. Their proprietary LENR-based hybrid heat systems are designed to transform thermal energy generation in various sectors, including manufacturing, oil and gas, district heating, and clean water desalination. The company claims that their LENR technology is now safeguarded by two patents: one for the product design and another for the innovative process involved.

    Key Developments and Future Plans

    Siddhartha Durairajan, the chairman and managing director of HYLENR, stated that recent laboratory results exhibit exceptional energy gain ratios. He emphasised that this funding will provide the necessary momentum to advance their product development agenda. Early proof-of-concept tests have already commenced, attracting interest from several governmental bodies and major corporations regarding their LENR systems. The next steps will concentrate on ramping up manufacturing and expanding their global presence.

    Current Projects and Product Pipeline

    HYLENR is currently running pilot projects with prominent government institutions and industry leaders, aiming to replace traditional fossil fuel systems with sustainable, next-generation alternatives. Their product line ranges from systems providing 7.2KW for household use to robust 1MW applications for large-scale industrial needs.


  • DPDzero Secures Million Investment Led by GMO Venture Partners

    DPDzero Secures $7 Million Investment Led by GMO Venture Partners



    DPDzero Funding Success of $7 Million for Fintech Solutions

    DPDzero Funding Success of $7 Million for Fintech Solutions

    Fintech company DPDzero has successfully secured $7 million in a funding round spearheaded by GMO Venture Partners from Japan. This round saw participation from SMBC Asia alongside existing investor Blume Ventures. Additional support from prior investors such as Better Capital, Anmol Maini Ventures, and India Quotient has contributed $4.7 million thus far.

    Recently, Startup Superb reached out to the founder of DPDzero, Ananth Shroff, regarding this funding, but he indicated that their information was inaccurate at that moment.

    The Bengaluru-based business aims to allocate the new capital towards recruiting its own field collection agents, starting in Bengaluru and eventually branching out to Maharashtra and Uttar Pradesh. The inclusion of these agents will enable DPDzero to provide comprehensive and ethical collection services.

    Established in 2022 by Ananth Shroff and Ranjith Ramchandra, DPDzero assists banks, NBFCs, MFIs, and fintech firms with debt recovery through a blend of AI technology combined with human expertise. The company’s clientele includes notable names like RBL Bank, IndusInd Bank, L&T Finance, and Manappuram Finance.

    Currently, the startup processes collections for unsecured lending and is set to venture into personal loans and credit card collections. To date, it has managed collections for over 1 crore borrowers and works with approximately 18 lakh borrowers monthly.