Daily Indian Funding Roundup & Key News – 21st November 2025: Ultrahuman Raises INR 100 Cr, Redrob Secures $10 Mn, Groww Reports Profit & More

StartupTalky News

21 Nov 2025 — 3 min read

Daily Indian Funding Roundup & Key News – 21st November 2025

The 21st November 2025 edition brings a strong mix of funding announcements and key business developments from India’s evolving startup landscape. Health-tech, AI, semiconductor, and insurtech sectors led the day’s investment momentum, with Ultrahuman raising INR 100 crore in venture debt, Redrob securing $10 million in Series A, and deep-tech players like Sophrosyne and Pibit.AI drawing investor confidence. On the business front, Groww reported a notable rise in quarterly profits despite a dip in revenue, reflecting shifting market dynamics and strategic cost controls. Here’s a complete roundup of the top funding deals and major corporate updates shaping the ecosystem today.

Daily Indian Funding Roundup - 21st November 2025

Company	Amount	Round	Lead investor(s)	Sector
Ultrahuman	INR 100 Cr	Venture debt	Alteria Capital	Health / Wearable tech
Redrob	$10 Mn	Series A	Korea Investment Partners (with multiple Korean funds)	AI research / LLMs
Sophrosyne Technologies	$2 Mn	Seed	Bluehill.VC	Semiconductor / Biosensing SoC
Pibit.AI	$7 Mn	Series A	Stellaris Venture Partners (with Y Combinator, Arali Ventures)	Insurtech / Underwriting AI

Ultrahuman raises INR 100 Cr debt from Alteria Capital

Health-tech and wearable startup Ultrahuman has secured INR 100 crore in venture debt from Alteria Capital. The funds will support the company’s ongoing expansion of its metabolic health ecosystem, scale manufacturing for its wearables, and strengthen its software-driven health tracking platform as it broadens its global footprint.

Redrob secures $10 Mn in Series A to advance AI research

AI research startup Redrob has raised $10 million in a Series A round led by Korea Investment Partners. With participation from multiple Korean venture funds, the company aims to deepen its work in foundational AI models, accelerate product development, and strengthen its global research capabilities.

Sophrosyne Technologies raises $2 Mn led by Bluehill.VC

Deep-tech semiconductor firm Sophrosyne Technologies has raised $2 million in seed funding led by Bluehill.VC. The investment will help the startup scale development of its biosensing system-on-chip (SoC) technology, designed for health wearables and next-generation sensing applications.

Pibit.AI raises $7 Mn in Series A round led by Stellaris

Insurtech startup Pibit.AI has secured $7 million in its Series A round, led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures. The company plans to enhance its AI-powered underwriting engine, expand its insurance partner network, and accelerate product innovation across risk assessment solutions.

Key Business News for 21st November 2025

Groww posts profit growth of 12% in Q2 FY26 despite 9% revenue dip

Groww, the online investing and brokerage platform, reported a consolidated net profit of around INR 471 crore in the quarter ended September 2025 — up about 12% year-on-year. Meanwhile, revenue from operations fell approximately 9% to around INR 1,018 crore, impacted by regulatory headwinds in derivatives trading. Growth in margins was driven by cost control and a shift in its product mix toward wealth-management offerings and margin-trading facilities.