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Daily Indian Funding Roundup & Key News – 18th December 2025: Oben Electric Raises $10.2 Mn, CuePilot AI Secures $1.8 Mn, WorkIndia Bags INR 97 Cr & More
India’s startup ecosystem closed the day on a strong note on 18th December 2025, with multiple funding announcements spanning electric mobility, AI-driven education, industrial manufacturing, and workforce hiring platforms. Electric motorcycle maker Oben Electric led the funding highlights with a sizeable pre-Series B round, while early-stage AI startup CuePilot
L Catterton Acquires Minority Stake in Haldiram’s Through Strategic Partnership
Global consumer-focused investment firm L Catterton said on 18 December that it had invested an undisclosed amount in Haldiram's, an Indian packaged ethnic foods brand, and formed a strategic collaboration with the company. According to a press release from the investment firm, Haldiram's will benefit from
CuePilot AI Secures $1.8M to Bring Voice-First AI into Preschools
CuePilot AI, a voice-first, AI-native platform for preschools and daycares, has raised $1.8 million in a pre-seed funding round. The round saw participation from Eximius Ventures, Titan Capital, and was led by Ronnie Screwvala of Unilazer Ventures & upGrad. With the newly raised capital, the company will deepen its
McKinsey Considers Thousands of Job Cuts as AI Reshapes Consulting Work
McKinsey & Company is thinking about laying off thousands of employees in response to the quick development of artificial intelligence. According to reports, senior executives at the company have discussed plans to cut staff in several non-client-facing divisions by roughly 10%. This might result in several thousand layoffs over the