The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.
Startup: Articul8 AI
Sector: Gen AI
Amount: US$70M
Led by: Aditya Birla Ventures
Aditya Birla Ventures announced its investment in the first tranche of Articul8 AI, Inc.’s oversubscribed Series B financing round. Articul8 AI, an enterprise generative AI (GenAI) software company, continues to attract strong global investor interest, with other participants in the round including Adara Ventures and NXC Corporation. Reflecting strong investor demand, the company expects to complete a final, strategic Series B closing in Q1 2026, as it selectively finalizes participation from additional long-term partners.
“Generative AI is a pivotal, transformative force, fast evolving into a strategic necessity for maintaining competitive edge. Its impact on operational efficiency, innovation, customer experience and decision-making will be significant across sectors,” said Aryaman Vikram Birla, Founder, Aditya Birla Ventures. “Articul8 via its vertically optimised Gen AI platform is helping enterprises globally in building and deploying Gen AI applications swiftly and cost-effectively by unlocking significant value in their proprietary data. We have strong belief and conviction in the founding team, and the investment aligns with our vision to back outstanding founders building global businesses of tomorrow. Our endeavour is to open up ABG’s global ecosystem and network for the growth of our portfolio companies.”
Startup: Fabpad
Sector: Wellness
Amount: Undisclosed
Led by: Inflection Point Ventures
Fabpad, an Indian menstrual hygiene brand, raised an undisclosed amount in a seed round led by Inflection Point Ventures. The funds raised will be used to expand distribution and market presence across direct-to-consumer channels, online marketplaces, quick-commerce platforms, and offline retail. Part of the fund will also go towards brand-building, customer acquisition, senior growth and operations hires and working capital to support a robust and transparent order book across consumer, institutional, and private-label channels.
Minal Shah, Principal – South East Asia, IPV, says, “It is an unspoken fundamental right for women to have access to menstrual products that protect their health. However, a significant gap persists due to a lack of awareness, affordability, and, in many cases, availability constraints. Fabpad successfully bridges this gap through their D2C multi-channel presence, making it affordable with their asset-light scale model and their pan-India presence. Thus, making menstrual hygiene more affordable, widely accessible, and helping drive greater awareness around menstrual health.”
Startup: RoadGrid
Sector: EV
Amount: INR12 cr
Led by: Venture Catalysts
RoadGrid, a technology company building next generation electric vehicle charging infrastructure, raised Pre-Series A funding of Rs12 crore led by Venture Catalysts. The round, which marks a significant milestone in RoadGrid’s mission to create India’s largest and most accessible EV charging ecosystem, also saw participation from a strong group of strategic and angel investors, including Kamal Puri of Skyline Group, IPV, FAAD Network, LetsVenture, Pace Group’s Vrinda Goyal, Haresh Patel of Arthanomics, and Maneesh Shrivastav of Alpha Value.
Dr Apoorva Ranjan Sharma, Founder & Managing Partner, Venture Catalysts, said, “India’s EV transition is at an inflection point, and charging infrastructure will be the backbone of this transformation. RoadGrid is building a rare combination of deep-tech hardware, scalable software, and on-ground execution capability. Their patented universal chargers and integrated platform address a real market gap across vehicle categories and use cases. We are excited to lead this round and partner with the team as they scale a future-ready EV charging ecosystem for India.”
Startup: Mylapay
Sector: Fintech
Amount: US$1M
Led by: CDM Capital & Credit Saison
Mylapay, a next-generation payment infrastructure company, raised $1 million as part of its ongoing capital round, ahead of its upcoming Series A funding. The round saw continued participation from CDM Capital and Credit Saison, along with fresh participation from GrowthCap Ventures, led by Pratekk Agarwaal, and a network of strategic angel investors. The capital will be used to strengthen Mylapay’s payment infrastructure, scale its product suite, deepen partnerships with banks and payment aggregators, and support expansion across the MEA and US markets.
“Mylapay has been deliberate in building a compliance-first acquiring infrastructure. We’re pleased to continue supporting the team as they scale the platform,” said Davesh Manocha, Managing Partner, CDM Capital.
Startup: Arya.ag
Sector: Agtech
Amount: US$80.58 M
Led by: GEF Capital Partners
Arya.ag, Indian integrated grain commerce platform, raised Rs 725 crore (approximately USD 80.58 million) in equity from GEF Capital Partners. The investment will enable Arya.ag to deepen its engagement with farmers and their organisations to promote climate-smart, market-led agriculture practices. It will accelerate the Company’s effort to build resilience among smallholder farmers against uncertainties of climate change through improved access to technology solutions. The funds will also strengthen Arya.ag’s ability to control post-harvest losses at the farm gate and across the agricultural supply chain.
“This investment validates our approach of building integrated solutions that address the real challenges faced by India’s farming community. GEF as a partner, shares our conviction on profitably building equitable agri value chains by reducing vulnerability to climate and market risks. We will use this capital to reach more farmers and develop products that reward sustainable practices at the farmgate. Our goal is to ensure that the smallest of stakeholders have access to information(data insights), finance and markets, through affordable technology, and in doing so, have the ability to significantly increase their incomes,” said Prasanna Rao, Co-Founder and CEO of Arya.ag.
