Daily Indian Funding Roundup & Key News – 19th November 2025: Tractor Junction Raises $22 Mn, Pidge Secures INR 120 Cr, PhysicsWallah IPO Soars & More

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19 Nov 2025 — 3 min read

Daily Indian Funding Roundup & Key News – 19th November 2025

Stay updated with the latest developments across India’s startup and business ecosystem. The 19th November 2025 roundup captures major funding announcements in rural mobility, logistics, construction-tech, and voice AI, along with key corporate updates from global giants like Apple and milestone market performances such as the PhysicsWallah IPO. Here’s a detailed breakdown of today’s biggest highlights from the Indian startup and business landscape.

Daily Indian Funding Roundup - 19th November 2025

Company	Amount	Round	Lead investor(s)	Sector
Tractor Junction	$22 Mn	Series A	Astanor (with Info Edge, Omnivore)	Rural mobility / Auto-fintech
HomeRun	INR 9 Cr	Seed	Titan Capital, Sparrow Capital	Construction & interior materials
Pidge	INR 120 Cr	Growth capital	LVEC	AI-driven logistics / Last-mile OS
Synthio Labs	$5 Mn	Seed	Elevation Capital (with 1984 Ventures, Peak XV, YC, etc.)	Voice AI / Health-tech

Tractor Junction raises $22 Mn to expand rural mobility ecosystem

Rural mobility and agri-vehicle marketplace Tractor Junction has raised $22 million in a Series A round led by Astanor. The fresh capital will be used to expand its digital and physical footprint, enhance services around vehicle discovery and financing, and strengthen its rural network.

HomeRun secures INR 9 Cr seed funding for construction material supply

Construction and interior-materials supply startup HomeRun has raised INR 9 crore in a seed round co-led by Titan Capital and Sparrow Capital. The funds will help the company widen its product categories, grow its dark-store network, and improve its tech infrastructure.

Pidge raises INR 120 Cr to scale AI-powered logistics OS

AI-driven logistics platform Pidge has raised INR 120 crore in growth capital led by LVEC. The investment will support the company’s goal of building an interoperable logistics operating system, expanding into tier-2 and tier-3 markets, and initiating international pilots.

Synthio Labs raises $5 Mn seed round for voice-AI health solutions

Voice AI startup Synthio Labs has raised $5 million in seed funding led by Elevation Capital, with participation from global and Indian investors. The company plans to scale its engineering team, deepen product capabilities, and expand its presence across healthcare markets.

Key Business News for 19th November 2025

Apple Inc. launches AppleCare+ with Theft & Loss cover in India

Apple has expanded its AppleCare+ protection plans in India to include theft and loss cover for iPhones, offering monthly subscription options starting at INR 799. The plan covers up to two theft or loss incidents per year and also provides unlimited accidental-damage repairs, battery service, and 24/7 priority support via authorised service centres.

PhysicsWallah Limited IPO rockets 42% on day one

Indian ed-tech firm PhysicsWallah launched its IPO at INR 109 per share and closed at INR 155.24 on its first trading day—marking a 42.4% gain. The company raised about INR 3,480.71 crore through the IPO (a fresh issue of ~INR 3,100.71 crore and an offer for sale of ~INR 380 crore).