Daily Indian Funding Roundup & Key News – 1st December 2025: Finfactor Raises $15 Mn, Atomberg Secures INR 212 Cr & Ola Electric Launches Nationwide In-App Service Booking

Sanvi Barjatya

01 Dec 2025 — 2 min read

Daily Indian Funding Roundup & Key News – 1st December 2025

India’s startup ecosystem remained active on 1st December 2025, witnessing notable funding momentum across fintech and consumer-appliance sectors. Finfactor and Atomberg led the day with sizeable capital infusions, while Ola Electric expanded its service footprint with a nationwide in-app booking rollout. These developments reflect continued investor confidence and rapid innovation across India’s technology and mobility landscape.

Daily Indian Startup Funding Roundup - 1st December 2025

Company	Amount	Round	Lead investor(s)	Sector
Finfactor	$15 Mn	Series A	WestBridge Capital (with participation from Varanium Capital, DMI Sparkle Fund, IIFL Fintech Fund)	Fintech / Account Aggregator / Banking-tech
Atomberg	INR 212 Cr (~ $24 Mn)	Series C — extension	Temasek (via Jongsong Investments), plus co-founders and existing backers (Jungle Ventures, Inflexor Fund)	Consumer appliances / D2C appliances & home-electronics

Finfactor raises $15 Mn in Series A led by WestBridge Capital

Finfactor — parent of Finvu Account Aggregator — has secured US $15 million in a Series A funding round. The round was led by WestBridge Capital, with participation from existing investors Varanium Capital, DMI Sparkle Fund and IIFL Fintech Fund. The funds will be used to expand its product suite for financial institutions, enhance analytics capabilities, and accelerate its transition toward becoming a full-stack technology provider for banks and other BFSI clients. The company offers AI-driven solutions like multi-AA gateway, bank-statement analysis, loan-monitoring, collections tools and wealth-management capabilities — serving 150+ BFSI clients and over 50 million consumers.

Atomberg raises INR 212 Cr in Series C extension led by Temasek

Atomberg — a consumer-appliances brand — has raised INR 212 crore (≈ US $24 million) in an extension of its Series C funding round, led by Temasek (via Jongsong Investments), along with participation from its co-founders and existing backers including Jungle Ventures and Inflexor Fund. This infusion brings its post-money valuation to around US $500 million. The company, founded in 2012, makes energy-efficient BLDC and smart fans, mixer grinders and smart locks; it claims a retail footprint of over 15,000 touchpoints across India. The fresh funds will likely support manufacturing scale-up, new product development, and expansion of offline distribution in the consumer appliances / home-electronics sector.

Key Business News for 28th November 2025

Ola Electric launches nationwide in-app service booking under Hyperservice

Ola Electric has rolled out a pan-India in-app service booking feature as part of its Hyperservice initiative. With this launch, customers across India can now schedule, track and manage service appointments for their EVs directly through the Ola Electric app, eliminating the hassles of traditional booking methods. The system promises genuine spare parts, standardized service procedures, and improved transparency, convenience, and customer-first after-sales support.