Daily Indian Funding Roundup & Key News – 4th December 2025: Ultraviolette Secures $45 Mn, Nexus Raises $700 Mn, Planys Expands Globally & More

StartupTalky News

04 Dec 2025 — 4 min read

Daily Indian Funding Roundup & Key News – 4th December 2025

The Indian startup ecosystem witnessed a dynamic day of funding on 4th December 2025, with major investments across electric mobility, AI, enterprise software, sports tech, underwater robotics, and music commerce. Ultraviolette raised $45 million to scale its electric motorcycles, while Nexus Venture Partners closed a $700 million fund to back Indian and US startups. Key investments also flowed into CoreOps.AI, SpinItUp, TIDA Sports, and Planys, enabling product expansion and global growth. In infrastructure news, Adani and Google announced a state-of-the-art AI data centre in Visakhapatnam, underscoring India’s commitment to technological advancement and digital transformation.

Daily Indian Startup Funding Roundup - 4th December 2025

Company	Amount	Round	Lead investor(s)	Sector
Ultraviolette	US $45 Mn	Ongoing Series E	Zoho Corporation; Lingotto (Italy)	Electric mobility / Electric 2-wheelers
Nexus Venture Partners (Fund VIII)	US $700 Mn	Fund raise (VC fund)	Nexus Venture Partners	Venture capital / Fund for early-stage Indian & US startups
DMI Alternatives	US $120 Mn	Private credit fund	DMI Alternatives	Private credit / Corporate credit
SpinItUp	INR 50 Lakh	Pre-seed funding	Zee TV Ideabaaz Titans; Jimmy Mistry; Anup Bansal; Archana Jehagirdar	Music commerce / Entertainment-tech
CoreOps.AI	US $3.5 Mn	Pre-Series A	Siana Capital; Kettleborough; Aroa Venture Partners; HNIs	Enterprise AI / AI-driven enterprise solutions
TIDA Sports	INR 3 Crore	Seed round	Inflection Point Ventures	Sports tech / Multi-sports training & coaching
Planys Technologies	INR 100 Crore	Primary funding	Ashish Kacholia; Lashit Sanghvi; existing investors (Pratithi, Samarthya, 3i Partners, Letsventure + angels)	Deep-tech / Underwater robotics & defence-tech

Ultraviolette raises $45 Mn in ongoing Series E round

Electric mobility startup Ultraviolette has secured $45 million in its ongoing Series E round, backed by Zoho Corporation and Italy-based Lingotto. The funding will fuel the company’s scale-up plans, including expanding production of its electric motorcycles, enhancing R&D for upcoming models, and accelerating its domestic and global market expansion strategies.

Nexus Venture Partners raises $700 Mn Fund VIII to back Indian and US startups

Venture capital firm Nexus Venture Partners has closed a massive $700 million Fund VIII, aimed at investing in early to growth-stage startups across India and the US. The fund will focus on sectors like AI, enterprise software, fintech, and consumer tech. With this raise, Nexus strengthens its position as one of the most active cross-border VC firms backing long-term technology innovation.

DMI Alternatives closes $120 Mn for private credit fund

DMI Alternatives has successfully closed $120 million in capital for its new private credit fund. The fund will provide corporate credit solutions to mid-market and emerging Indian companies. The closure reflects a rising demand for structured private credit in India as businesses seek flexible capital outside traditional lending channels.

SpinItUp raises INR 50 Lakh in pre-seed funding

Music tech startup SpinItUp has raised INR 50 lakh in its pre-seed round from Zee TV Ideabaaz Titans, along with angel investors Jimmy Mistry, Anup Bansal, and Archana Jehagirdar. The platform aims to empower music creators through tools that help them distribute, monetize, and grow, strengthening India’s emerging creator economy.

CoreOps.AI raises $3.5 Mn to accelerate enterprise AI modernization

Enterprise AI startup CoreOps.AI has raised $3.5 million to scale its end-to-end AI modernization platform for global enterprises. The fresh capital will help expand its engineering team, enhance product capabilities, and enable adoption of AI-driven systems across industries. The company focuses on helping enterprises migrate, deploy, and operationalize AI at scale.

TIDA Sports raises INR 3 Crore in seed round led by IPV

Multi-sports training and coaching platform TIDA Sports has secured INR 3 crore in a seed round led by Inflection Point Ventures. The startup plans to strengthen its tech platform, improve training modules, and expand into more cities. TIDA aims to make structured sports training accessible to children across India through blended offline and digital models.

Planys raises INR 100 Crore to expand globally and launch defence arm

Underwater robotics startup Planys has raised INR 100 crore to fuel global expansion and launch its new defence-focused division, Planys Ark. The investment will support advanced R&D in underwater inspection robots, deepen global market penetration, and enable the company to build specialised solutions for India’s defence and maritime sectors.

Key Business News for 4th December 2025

Adani and Google to build AI data centre in Visakhapatnam

Adani Group has partnered with Google to establish a state-of-the-art AI data centre in Visakhapatnam, India. The facility aims to support advanced cloud computing, AI research, and enterprise solutions. This collaboration marks a significant step in India’s digital infrastructure growth, enhancing capabilities for AI-driven applications and enterprise services across the region.