Daily Indian Funding Roundup and Key News - 13th April 2026: FruBon Raises Fresh Capital, Smart Garage Bags ₹2.4 Cr & More
India’s startup ecosystem on April 13, 2026, witnessed steady funding activity across consumer brands, auto-tech, and edtech. Key highlights include FruBon securing fresh capital, Smart Garage raising ₹2.4 Cr, and Kingdom of Chess closing an early-stage round. Alongside funding, leadership changes at Cashfree and Myntra grabbed attention.
Daily Indian Funding Roundup – 13th April 2026
| COMPANY | AMOUNT | ROUND | LEAD INVESTOR(S) | SECTOR |
|---|---|---|---|---|
| FruBon | Undisclosed | Series A / Growth | Fireside Ventures, Narotam Sekhsaria Family Office | Dairy / FMCG |
| Smart Garage | ₹2.4 Cr | Pre-Series A | Undisclosed | Auto-tech / Services |
| Kingdom of Chess | ₹1.65 Cr | Seed | BeyondSeed Angel Fund | Edtech / Gaming |
FruBon Raises Funding from Fireside Ventures and Others
Consumer dairy and ice cream brand FruBon, operated by Dev Milk Foods, has raised an undisclosed amount in a funding round led by Fireside Ventures, along with participation from the Narotam Sekhsaria Family Office and angel investors.
The Jaipur-based brand focuses on milk, ice cream, and value-added dairy products. The fresh capital will help expand its retail footprint, strengthen distribution, and scale production capabilities as it competes in India’s growing dairy and D2C FMCG space.
Smart Garage Raises ₹2.4 Crore in Pre-Series A Round
Auto-service marketplace Smart Garage has raised ₹2.4 crore in a pre-Series A funding round.
The startup leverages AI and digital tools to streamline vehicle servicing and garage operations. The funds will be used to scale its network of partner garages, enhance technology infrastructure, and expand into new cities, tapping into India’s fragmented auto servicing market.
Kingdom of Chess Raises ₹1.65 Crore Led by BeyondSeed Angel Fund
Online chess learning platform Kingdom of Chess has raised ₹1.65 crore in a funding round led by BeyondSeed Angel Fund.
The round also saw participation from angel investors including Arjun Vaidya, Rakesh Amerneni, Jai Ostwal, Vikrant Potnis, FBSPL, Aeroflex Enterprises, and other strategic investors.
The platform focuses on teaching chess to children aged 4–15 through live online sessions. The funds will be used to scale operations globally, improve curriculum offerings, and expand its user base in international markets.
Key Business News for 13th April 2026
Cashfree Payments Appoints Sameer Gandhi as CFO
Payments platform Cashfree Payments has appointed former Visa executive Sameer Gandhi as its Chief Financial Officer.
Gandhi brings extensive experience in financial strategy and global payments. His appointment comes as Cashfree aims to strengthen its financial leadership and scale operations in India’s competitive fintech space.
Myntra Names Sharon Pais as New Head, Replaces Nandita Sinha
Fashion e-commerce platform Myntra has appointed Sharon Pais as its new leader, replacing outgoing CEO Nandita Sinha.
Pais, who previously led Flipkart Fashion, is expected to drive Myntra’s next phase of growth, with a strong focus on rapid commerce initiatives such as M-Now and improved customer experience.
The leadership transition comes at a crucial time as Myntra continues to compete aggressively in India’s fashion e-commerce market.
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