Daily Indian Startup Funding & Key News - 2 April 2026: Palmonas Raises $40 Million, Dhan Eyes Infinyte Club Acquisition
Indian startups raised fresh capital across jewellery, healthtech, and AI sectors today. Palmonas led with a $40 million Series B, while AquaPulse secured INR 25 crore in Series A funding. Early-stage startup Gabify raised $175k in a pre-seed round. On the corporate front, Info Edge’s Naukri saw a CBO exit, Zomato’s parent granted INR 167 crore in ESOPs, and Ola Electric slashed e-bike prices, drawing investor attention.
Daily Indian Startup Funding Digest - 2 April 2026
| STARTUP | SECTOR | FUNDING | ROUND | LEAD INVESTORS |
|---|---|---|---|---|
| Palmonas | Jewellery | $40 Mn | Series B | Xponentia Capital, Vertex Growth Fund, Vertex Ventures |
| AquaPulse | Healthtech | ₹25 Cr | Series A | NABVentures |
| Gabify | Healthtech/AI | $175k | Pre-Seed | Inflection Point Ventures |
Palmonas Raises $40 Million Series B
Palmonas, a demi-fine jewellery brand co-founded by Pallavi Mohadikar, Amol Patwari, and Bollywood actor Shraddha Kapoor, raised $40 million in a Series B round led by Xponentia Capital and Vertex Growth Fund. The brand saw a 40X revenue increase to ₹39 crore in FY25, achieving profitability with ₹4.3 crore net profit. The new capital will expand offline retail stores, strengthen brand marketing, and broaden its product portfolio.
AquaPulse Raises ₹25 Crore Series A
AquaPulse, a healthtech startup offering water quality monitoring solutions, secured ₹25 crore in Series A funding led by NABVentures. The funding will enable scaling operations, enhancing its technology platform, and reaching additional corporate and municipal clients. AquaPulse’s solutions aim to address increasing concerns over water safety and compliance in India.
Gabify Secures $175k Pre-Seed Funding
AI-powered neurodevelopmental care platform, Gabify, raised $175k in a pre-seed round led by Inflection Point Ventures. The platform focuses on early screening and therapy management for speech and neurodevelopmental disorders in children. Funds will accelerate clinical validation, technology enhancement, and team expansion.
Key Business News for 2 April 2026
Zomato Parent Grants ₹167 Crore ESOPs
Eternal, the parent company of Zomato, announced ESOP grants worth ₹167 crore to employees, reinforcing retention strategies and incentivising top talent. The move comes as the company expands its food delivery and cloud kitchen operations. Analysts view this as a proactive measure to retain critical talent during scaling and market competition.
Dhan Explores Acquisition of Infinyte Club
Stockbroking platform Dhan is in talks to acquire Infinyte Club, a wealth-tech platform, to expand its digital investment offerings. The acquisition could accelerate fintech consolidation, enhance technology-driven advisory, and increase market share in the retail wealth segment.
Ola Electric Slashes E-Bike Prices
Ola Electric reduced prices on its flagship e-bike models, leading to a 10% jump in stock market sentiment. The price cut aims to make e-bikes more affordable amid stiff competition in India’s EV sector. The strategy is expected to drive volume sales and strengthen Ola’s position in the two-wheeler electric segment.
Info Edge Naukri CBO Pawan Goyal Resigns
Pawan Goyal resigned as Chief Business Officer of Info Edge Naukri amid a strategic organisational reshuffle. His exit may influence leadership dynamics and strategic priorities for talent acquisition and recruitment platforms. The company is expected to reassign key responsibilities to drive business growth and monetisation in competitive job markets.
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