India Startup Pulse: Key Business and Funding Highlights

India’s startup and business landscape continued to show strong momentum on August 6, 2025, with anotable funding rounds, strategic exits, and key policy announcements shaping the day. Here's your crisp and curated roundup of the latest developments that are making waves in the ecosystem.

SuperGaming Levels Up with $15M Series B

Pune-based gaming studio SuperGaming raised $15 million in a Series B round led by Skycatcher and Steadview Capital. The company, known for its Indo-futuristic battle royale game “Indus,” is eyeing global expansion. Other investors include a16z Speedrun, Bandai Namco’s 021 Fund, Polygon Ventures, and Neowiz. With this round, SuperGaming is now valued close to $100 million.

The Sleep Company Secures INR 480 Cr to Fuel Growth

Comfort-tech brand The Sleep Company closed its INR 480 crore Series D round, led by ChrysCapital and 360 ONE Asset. The fresh capital will power offline expansion, SmartGRID® technology upgrades, and manufacturing scale-up. Early investor Fireside Ventures also made a partial exit during this round.

HYLENR Raises $3M for LENR Clean Energy

Hyderabad-based clean energy startup HYLENR raised $3 million in a Pre-Series A round. Led by Valour Capital and Chhattisgarh Investments, the funding will help transition its LENR (Low Energy Nuclear Reaction) technology from lab to commercial scale. The startup aims to revolutionize alternative energy in India.

Antfin Exits Paytm with INR 3,980 Cr Block Sale

In a major strategic exit, Ant Financial sold its remaining 5.84% stake in Paytm's parent, One97 Communications, for approximately INR 3,980 crore through two block deals. The buyers included global institutions like Société Générale and MY Asian Opportunities Master Fund. This marks the end of Ant’s multi-year exit journey from the Indian fintech major.

Fresh Funding for DPDzero, Zype, CodeKarma & More

Debt recovery automation startup DPDzero raised $7 million in Series A funding from GMO Venture Partners, SMBC Asia, and Blume Ventures. The platform will now deploy field agents across major cities.

Fintech platform Zype closed a INR 90 crore round led by Unleash Capital Partners. The funds will go toward strengthening its digital lending infrastructure.

Meanwhile, developer tools startup CodeKarma secured $2.5 million in a pre-seed round backed by Prosus, Accel, and Xeed Ventures.

Cautio, Gladful, EON Space Labs and House of Biryan Also in the Spotlight

Fleet safety startup Cautio raised $3 million to grow its AI dashcam and analytics platform. Nutrition brand Gladful raised INR 8 crore to expand its protein-rich snack portfolio for children.

Hyderabad’s EON Space Labs raised $1.2 million to build India’s lightest high-res space telescope, MIRA.

Cloud kitchen brand House of Biryan received strategic investment from cricket legend MS Dhoni, who will help the company expand to 150 outlets globally.

MSRTC Unveils Government Ride-Hailing App

The Maharashtra State Road Transport Corporation announced its upcoming ride-hailing app, Chhava Ride. Designed to integrate buses, autos, taxis, and e-buses, the app aims to provide reliable service to commuters while ensuring fair wages for drivers and added revenue for the state.

Market Mood: Rupee Steadies Before RBI Decision

The Indian rupee edged slightly higher to INR 87.74 against the US dollar ahead of the RBI’s latest policy announcement. As expected, the RBI held the repo rate steady at 5.50% while maintaining its GDP forecast at 6.5%, though cautioning against global tariff uncertainties.