Daily Indian Funding Roundup & Key News – 30th October 2025: IntrCity SmartBus Raises INR 250 Cr, Jupiter Money Secures $15 Mn, Google Offers Free Gemini AI & More

India’s startup ecosystem witnessed another dynamic day filled with major funding announcements, tech partnerships, and strategic rebrands. From mobility and fintech to biotech and AI, several startups secured significant capital to scale innovation and expand market reach. On the technology front, Google’s collaboration with Reliance Jio aims to democratize access to advanced AI, while Grammarly’s bold rebranding as Superhuman signals a new era for writing intelligence. Here’s a complete rundown of the day’s top developments across sectors.

Daily Indian Funding Roundup - 30th October 2025

IntrCity SmartBus raises INR 250 Cr in Series D led by A91 Partners

Inter-city mobility platform IntrCity SmartBus has raised INR 250 crore in a Series D funding round led by A91 Partners. The company plans to use this capital to expand its fleet network, strengthen technology infrastructure, and enhance rider experience across India. The platform aims to deepen its presence in Tier II and Tier III cities while improving safety, comfort, and punctuality through data-driven fleet management. IntrCity also intends to expand its partnerships with bus operators and upgrade its mobile app with real-time tracking and better booking interfaces.

Jupiter Money raises $15 Mn from existing investors

Bengaluru-based neobank Jupiter Money has secured $15 million in funding from its existing backers — Mirae Asset Venture Investments, BEENEXT, and 3one4 Capital. The round comes at a flat valuation, signaling investor confidence in its growth trajectory. The funds will be used to scale operations, improve customer retention, and push towards profitability. Jupiter Money plans to diversify its financial offerings — including savings accounts, credit products, and wealth management services — while targeting new segments of young professionals and small businesses seeking transparent digital banking experiences.

SalarySe raises $11.3 Mn in Series A to empower salaried professionals

Fintech startup SalarySe has raised $11.3 million in a Series A round led by Flourish Ventures and SIG Venture Capital. The company aims to revolutionize financial access for salaried employees by providing salary-linked credit and savings tools. The new funds will help the startup enhance its technology stack, expand its partnerships with employers, and introduce new features such as early salary access, credit on UPI, and financial wellness products. With this round, SalarySe is focused on addressing the cash-flow gaps that many working professionals face in India’s mid-income segment.

Helex raises $3.5 Mn in seed funding to advance gene therapies

Biotech startup Helex has secured $3.5 million in seed funding led by pi Ventures, with participation from Bluehill Capital and SOSV. The company focuses on developing gene therapies targeting chronic kidney diseases. The raised capital will support its ongoing preclinical research, expansion of lab facilities, and strengthening of its R&D team. Helex aims to bring globally competitive biotech innovation from India, combining deep genetic research with scalable therapeutic solutions that address unmet medical needs in nephrology and rare genetic disorders.

Redacto raises INR 12 Cr in seed funding led by PeerCapital

AI-based data governance startup Redacto has raised INR 12 crore in a seed round led by PeerCapital and Antler India. Redacto’s platform helps enterprises automatically detect, redact, and protect sensitive data across large datasets using AI and machine learning. The funding will be used to expand its engineering team, improve product capabilities, and scale its enterprise client base across India and global markets. The company is addressing the growing need for data compliance and privacy in sectors such as BFSI, healthcare, and enterprise SaaS.

Point AI raises $5.3 Mn in funding to enhance AI-driven retail solutions

Point AI, an AI and e-commerce technology startup, has raised $5.3 million in a funding round led by Yali Capital. The startup is building a product suite that helps online retailers optimize product listings, manage content, and automate workflows using advanced generative AI. The fresh capital will go toward team expansion, product innovation, and scaling operations in international markets. Point AI aims to bridge the gap between online marketplaces and AI-based automation by offering efficiency-focused retail solutions for small and mid-size e-commerce brands.

Openhouse raises $2 Mn in seed round to transform home resale market

Proptech startup Openhouse has raised $2 million in seed funding led by India Quotient Ventures. The company focuses on simplifying the home resale process in urban India by creating a data-driven platform that connects verified sellers and buyers. Openhouse will use the funds to expand its technology platform, onboard real-estate agents, and expand operations to new metros. The company’s long-term goal is to bring transparency, speed, and standardization to India’s secondary housing market, which has long remained fragmented and informal.

Vijya Fintech (Parent of MidasX) raises INR 12 Cr in seed funding

Vijya Fintech, the parent company of the wealth-tech platform MidasX, has raised INR 12 crore in a seed funding round. The company plans to use this capital to strengthen its AI-based investment platform, scale its engineering team, and expand product features across mutual funds, equities, and digital gold. Its vision is to democratize wealth management by offering seamless access to diverse investment options under one unified dashboard for both retail and high-net-worth clients.

RMSI Limited secures $56 Mn investment from Affirma Capital and 360 ONE Asset

RMSI Limited, a global geospatial and engineering solutions company, has raised $56 million in a growth-stage investment led by Affirma Capital in partnership with 360 ONE Asset. The infusion will help RMSI accelerate its AI and machine-learning capabilities, expand its digital infrastructure, and enhance offerings across climate risk modeling, satellite analytics, and infrastructure design. The investment also supports RMSI’s expansion into new international markets, reinforcing its position as one of India’s leading data-driven engineering firms.

Key Business News for 30th October 2025

Google offers free Gemini Pro AI plan to all Reliance Jio users

Tech giant Google has partnered with Reliance Jio to provide free access to its Gemini Pro AI plan for all Jio users across India. The initiative aims to make advanced AI tools more accessible, allowing millions of Jio customers to experience Gemini’s features such as text generation, summarization, and smart assistance. Through this collaboration, Google and Jio seek to accelerate digital literacy and AI adoption among users, bringing intelligent productivity tools to a wider audience at no additional cost.

Grammarly rebrands as Superhuman to redefine writing intelligence

Writing and communication platform Grammarly has officially rebranded as Superhuman, marking a major step toward its evolution as a full-scale AI productivity suite. The rebrand reflects the company’s transition from a grammar-checking tool to a more advanced AI companion that enhances writing, tone, and communication across multiple platforms. With this shift, Superhuman aims to position itself as an AI-powered assistant that helps users write, communicate, and create content more effectively across professional and personal contexts.

Daily Indian Funding Roundup & Key News – 29th October 2025

India’s startup ecosystem remained vibrant on 29th October 2025, witnessing a diverse set of fundraises across AI, fintech, agritech, and consumer brands.

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