Daily Indian Funding Roundup & Key News – 5th November 2025: MoEngage Raises $100 Mn, Spacewood Secures INR 300 Cr, Google Unveils Project SunCatcher & More
India’s startup ecosystem saw robust activity on 5th November 2025, marked by large-scale fundraises across SaaS, manufacturing, and healthtech sectors. MoEngage and Spacewood led the charts with major funding rounds backed by global investors like Goldman Sachs and A91 Partners. Several early-stage startups, including BabyOrgano, Krieya, and MedySeva, attracted fresh capital to scale operations. Meanwhile, Google unveiled its ambitious Project SunCatcher, an AI-powered data centre in space, and WhatsApp launched its official Apple Watch app, strengthening its multi-device connectivity.
Daily Indian Funding Roundup - 5th November 2025
| Company | Amount | Round | Lead investor(s) | Sector |
|---|---|---|---|---|
| Spacewood | INR 300 Cr | — | A91 Partners | Modular furniture / Manufacturing |
| MoEngage | $100 Mn | — | Goldman Sachs, A91 Partners | SaaS / Customer engagement platform |
| Stackbox | $4 Mn | — | Enrission India Capital | Logistics tech / Warehouse & TMS SaaS |
| BabyOrgano | INR 20 Cr | Pre-Series A | RPSG Capital Ventures | Ayurvedic baby wellness products |
| Krieya | INR 7 Cr | Seed | Sauce, Riverwalk Holdings | Beauty & personal care |
| MedySeva | INR 4 Cr | Seed | Unicorn India Ventures | Healthtech / Phygital clinics |
| Lighthouse Canton | $40 Mn | — | Peak XV Partners | Wealth & asset management |
| Wyzard.ai | $0.5 Mn | Angel | Angel investors & tech executives | B2B SaaS / AI for GTM teams |
| ChrysCapital | $2.2 Bn | Fund X | — | Private equity fund |
Spacewood raises INR 300 Cr at INR 1,200 Cr valuation
Spacewood, a Nagpur-based modular furniture manufacturer, has raised INR 300 crore from A91 Partners at a valuation of INR 1,200 crore. The capital will help expand its retail presence from 35 to 100 exclusive stores across India while strengthening its dealer network. The company aims to modernise its manufacturing setup, improve automation, and invest in brand visibility. Spacewood, known for its modular wardrobes, kitchens, and office furniture, plans to focus on Tier-2 and Tier-3 cities to cater to India’s growing furniture market.
MoEngage raises $100 Mn from Goldman Sachs and A91 Partners
Customer engagement platform MoEngage has secured $100 million in fresh funding led by Goldman Sachs Asset Management and A91 Partners. The company will use the funds to scale its AI-driven marketing suite “Merlin”, expand its presence across North America and Europe, and strengthen its product and sales teams. MoEngage serves global brands across e-commerce, BFSI, telecom, and OTT sectors, helping them deliver personalised, omnichannel experiences. This funding round highlights continued investor confidence in Indian SaaS companies targeting global enterprise clients.
Stackbox raises $4 Mn led by Enrission India Capital
Logistics-tech startup Stackbox has raised $4 million in a funding round led by Enrission India Capital. The Bengaluru-based firm builds AI-powered warehouse and transport management systems to streamline B2B logistics for FMCG, manufacturing, and e-commerce firms. The funds will be used to expand its customer base across India and Southeast Asia, strengthen its data-driven analytics platform, and enhance automation. Stackbox aims to optimise inventory movement and delivery efficiency through predictive insights and real-time logistics tracking.
BabyOrgano raises INR 20 Cr led by RPSG Capital Ventures
Ayurvedic wellness brand BabyOrgano has raised INR 20 crore in a pre-Series A round led by RPSG Capital Ventures with participation from existing investor Sauce.vc. The startup, known for its chemical-free and Ayurvedic-based baby care products, will utilise the funds for new product development, marketing, and strengthening distribution channels across India. BabyOrgano plans to enter international markets and expand into kids’ wellness categories like nutrition and skincare. The company aims to achieve INR 100 crore in revenue by FY27 while deepening consumer trust in traditional Indian wellness.
Krieya raises INR 7 Cr led by Sauce and Riverwalk Holdings
Krieya, a beauty and wellness startup, has raised INR 7 crore in its first funding round led by Sauce.vc and Riverwalk Holdings, with participation from industry expert Dr. Aneesh Sheth. The company focuses on premium, science-driven skincare and haircare products made specifically for Indian consumers. The funding will support R&D, brand building, and product launches across online and offline platforms. Krieya aims to blend modern dermatological research with Indian skin needs and plans to launch its first consumer line by late FY26.
MedySeva raises INR 4 Cr led by Unicorn India Ventures
Healthtech startup MedySeva has raised INR 4 crore in a seed round led by Unicorn India Ventures. The company operates a hybrid model combining telemedicine with physical clinics, bringing affordable healthcare access to semi-urban and rural India. The investment will go toward technology development, expanding its clinic network, and onboarding more doctors across specialisations. MedySeva’s mission is to bridge the healthcare gap in Tier-2 and Tier-3 regions by offering accessible consultations, diagnostics, and pharmacy services.
Lighthouse Canton raises $40 Mn led by Peak XV Partners
Lighthouse Canton, a global wealth and asset management firm, has raised $40 million in funding led by Peak XV Partners. The capital will help expand its investment management capabilities, strengthen its technology infrastructure, and scale operations across India, Singapore, and the Middle East. Lighthouse Canton plans to build new investment products across private credit and venture debt segments. The funding underscores the increasing investor appetite for regulated, technology-driven wealth management solutions across Asia.
Wyzard.ai raises $500K in angel round
AI-driven B2B SaaS startup Wyzard.ai has raised $500,000 in an angel funding round from a group of senior tech executives and entrepreneurs. The platform helps B2B sales and marketing teams convert market signals into revenue opportunities using AI. The fresh capital will be used to enhance its data-processing models, expand the engineering team, and accelerate go-to-market efforts across the US and EMEA regions. Wyzard.ai aims to redefine how enterprises identify, track, and convert sales opportunities using predictive analytics.
ChrysCapital closes $2.2 Bn Fund X
Private equity giant ChrysCapital has closed its tenth fund at $2.2 billion, marking one of the largest India-focused PE fund closures in recent years. Fund X will target investments across technology, financial services, healthcare, and consumer sectors. The firm plans to back mid-to-large-scale companies with strong growth potential and sound governance. With this fund, ChrysCapital’s total assets under management cross $6 billion, reaffirming its position as one of India’s most influential private equity firms.
Key Business News for 5th November 2025
Google’s Project SunCatcher: AI Data Centre in Space
Google has unveiled Project SunCatcher, an AI-powered data centre in space that uses solar energy to enhance cloud efficiency and reduce Earth-based infrastructure dependence. The project marks a major step toward sustainable space-based computing.
WhatsApp Launches Official App for Apple Watch Users
WhatsApp has rolled out its official Apple Watch app, allowing users to send messages, voice notes, and receive notifications directly from their watch. The move strengthens WhatsApp’s multi-device connectivity ecosystem.

Must have tools for startups - Recommended by StartupTalky
- Convert Visitors into Leads- SeizeLead
- Website Builder SquareSpace
- Manage your business Smoothly Google Business Suite