Daily Indian Funding Roundup & Key News – 12th January 2026: Edgistify, PumPumPum, Bluecopa Secure Fresh Capital; Amagi IPO Opens & Reliance Pauses Cell Plans

India’s startup ecosystem remained active on 12th January 2026, with multiple early- and growth-stage companies securing fresh capital across sectors such as supply chain, mobility, food & beverage, fintech, and proptech. Startups including Edgistify, PumPumPum, Good Farmer Food Concepts, Bluecopa, and Flent announced funding rounds aimed at scaling operations, strengthening technology platforms, and expanding into new markets. Alongside startup funding, key business developments also grabbed attention, with Amagi Media Labs opening its IPO for subscription and Reliance Industries putting its lithium-ion cell manufacturing plans on hold. Here’s a comprehensive roundup of the day’s major funding announcements and business updates.

Daily Indian Startup Funding Roundup - 12th January 2026

Edgistify raises $1.4 Mn in Pre-Series A to scale AI-driven supply chain fulfilment

Warehousing and fulfilment platform Edgistify has raised $1.4 million in a Pre-Series A funding round led by NB Ventures and Rajesh Ranavat. The startup plans to use the capital to strengthen its AI-powered orchestration platform, onboard more brands, and expand fulfilment operations across Tier-II and Tier-III markets.

PumPumPum secures INR 18 Cr in Pre-Series A to expand corporate mobility solutions

Corporate mobility and vehicle leasing startup PumPumPum has raised INR 18 crore in a Pre-Series A round led by LC Nueva, with participation from Mufin Green and Anupam Finserv. The funding will support platform expansion, deeper OEM partnerships, and scaling its asset-light leasing and EV offerings across key cities.

Good Farmer Food Concepts raises $1.5 Mn to expand café and retail footprint

Food and beverage company Good Farmer Food Concepts, which operates brands such as Maverick & Farmer Coffee and Square Burgers & Co., has raised $1.5 million in a Pre-Series A round led by CreedCap. The funds will be used to expand café locations, strengthen production capabilities, and scale retail and D2C presence.

Bluecopa bags $7.5 Mn Series A to build AI-driven finance software

Finance automation startup Bluecopa has raised $7.5 million in a Series A round led by Analog Partners, with continued backing from existing investors. The company plans to invest in product development, enhance autonomous finance workflows, and accelerate global market expansion.

Proptech startup Flent raises INR 21 Cr to scale premium rental housing platform

Proptech startup Flent has raised INR 21 crore in a Pre-Series A funding round led by Incubate Fund Asia. The capital will be used to expand into new cities, grow the core team, and strengthen its technology platform focused on premium rental housing, tenant matching, and property management.

Key Business News for 12th January 2026

Amagi Media Labs IPO opens tomorrow

Cloud technology and media software company Amagi Media Labs is launching its INR 1,789 crore IPO for subscription on January 13, 2026, which will run through January 16, 2026. With a price band of INR 343–INR 361 per share, the IPO includes a fresh issue of INR 816 crore and an offer for sale of INR 973 crore. Shares are trading at about INR 37 premium in the grey market, signaling strong investor interest ahead of listing. The company plans to invest part of the proceeds in cloud infrastructure, technology, and growth initiatives. The expected allotment date is January 19, 2026, with shares set to debut on the Indian stock exchanges soon after.

Reliance Industries puts cell manufacturing plans on hold

Reliance Industries Ltd. has paused its plans to manufacture lithium-ion battery cells in India after failing to secure technology licensing from a Chinese partner. The Mukesh Ambani-led conglomerate had been in talks to license cell technology to begin production this year, but restrictions on overseas tech transfers led the potential partner to withdraw, prompting Reliance to shift focus toward producing battery energy storage systems (BESS) for its renewable energy projects. While the pause signals challenges in India’s path toward an autonomous clean-energy supply chain, Reliance maintains that its broader energy storage ambitions—including battery pack and BESS manufacturing—remain on track.

Daily Indian Funding Roundup & Key News – 9th January 2026

India’s startup and corporate landscape witnessed a series of strategic developments on 8th January 2026, reflecting shifting market dynamics across e-commerce, fintech, broking, and telecom.

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