Daily Indian Funding Roundup & Key News – 25th November 2025: Neo Raises $25 Mn, Zinit Secures $8 Mn, Fractal Analytics Gets SEBI Nod for India’s First AI IPO & More

The 25th November 2025 edition captures another impactful day across India’s startup and business ecosystem. From multimillion-dollar funding rounds in wealth-tech, AI procurement, biotech, and deep-tech healthcare to a landmark regulatory approval for the country’s first AI-focused IPO, the day brought a mix of scale, innovation, and investor

SpeakX.ai Rolls Out $1 Million ESOP Buyback for 15 Employees as Part of Its Expanded Early-Stage Ownership Program

* To Strengthen Ownership, Reward Performance, and Attract Top Talent SpeakX.ai, India’s largest Generative AI-powered English-speaking platform, has announced a comprehensive and forward-looking ESOP program designed to reward performance, deepen long-term commitment, and broaden wealth creation across the organisation. As part of this initiative, SpeakX has completed a $1

Late-Stage Deals Drive $1.6B Boost in Delhi NCR Tech Funding in 9M 2025

Key Highlights * Delhi NCR secured $2.4B in tech funding in 9M 2025 — up 12% YoY and 34% compared to 9M 2023 * $100M+ rounds remain steady: three mega deals recorded for the third consecutive year * Auto Tech, Retail and Enterprise Applications led funding activity * Delhi accounted for 57% of total

Girnar Finserv Acquires AI Startup SeedsAI to Boost InsuranceDekho’s Tech Capabilities

Girnar Finserv Strengthens Its Tech Ecosystem with Acquisition of AI Platform SeedsAI * GFPL’s AI-focused acquisition will focus on accelerating innovation and building advanced technological capabilities across its ecosystem. InsuranceDekho’s affiliate Girnar Finserv Private Limited (GFPL) today announced the acquisition of SeedsAI, a SaaS platform for LLM orchestration and

UK’s Tax Bomb Hits the Rich: Indian-Origin Steel Billionaire Lakshmi Mittal Plans Exit

40% Inheritance Tax is making the rich rethink living in the UK. The government wants the rich to pay on everything they own worldwide, not just in the UK...

OpenAI Launches New ChatGPT Shopping Research Tool for Smarter Buying Decisions

OpenAI released a free AI-powered shopping research tool that it claims can provide a customised buyer's guide for ChatGPT users over the holidays. OpenAI said in a blog post on 24 November that it has trained a version of its GPT-5 micro model that asks clarifying questions and

Fractal Analytics Gets SEBI Nod to Launch India’s First AI-Focused IPO

After capital markets regulator SEBI approved Fractal Analytics' initial public offering (IPO), India is about to see its first real AI startup listed on the public markets. The company is comparable to Palantir, the US-listed analytics and decision-intelligence corporation, and has spent 25 years developing a global enterprise AI

Ed Locks INR 523 Crore: Winzo & Gameskraft Under Heat in Money Laundering Probe

ED claims that both of these companies didn't refund their players and Winzo made them unfairly play with the software and not with real people. Here's what WinZO replied...

Wipro Launches ‘HappyFur’ as it Expands into India’s Growing Pet Food Market

According to recent media reports, Wipro Consumer Care & Lighting, the consumer division of Wipro Enterprises, is planning to launch a new brand called "HappyFur" to compete in India's rapidly expanding pet food industry. According to the sources, the Bengaluru-based company is anticipated to introduce its

Google and Accel Team Up to Fund and Accelerate Indian AI Startups

According to top executives at the firms on 20 November, Alphabet's Google and venture capital company Accel will collaborate to finance a minimum of ten early-stage Indian AI startups. This will be the first time the U.S. tech giant has done so. The action comes as a

B2B Procurement Platform Zinit Raises $8M to Scale AI-Driven Sourcing

Zinit, the AI-native sourcing platform, today announced it has raised $8 million in a seed round led by AltaIR Capital, valuing the company at $48 million. The round also included participation from DVC, early backers of leading AI companies such as Perplexity, who will advise Zinit on its AI strategy.

Apple Cuts Dozens of Sales Jobs Globally as Part of Major Operations Streamlining

As part of a significant restructure of its sales division, Apple Inc. stated that it had eliminated dozens of positions. According to Bloomberg, the corporation is changing the way it works with government, commercial, and educational clients, which will result in the elimination of a number of positions within its

AgriVijay Announces Successful Investor Exits with 400% Returns Following 105% YoY Growth

* The exits come following two new investor onboarding, bringing the total capital raised since 2020 to INR 2.47 Crore * AgriVijay is undertaking pre-Series A discussions, while also receiving acquisition interest presently AgriVijay, India’s first curated marketplace and Agtech Climate Action Social Enterprise dedicated to Renewable and Green Energy

Morphle Labs Raises $5 Million Series A Funding from Inflexor Ventures to Revolutionise Cancer Diagnostics with Physical AI

Funding to accelerate Morphle Labs' market & team expansion, scale manufacturing, and deepen tech & IP leadership.

Daily Indian Funding Roundup & Key News – 24th November 2025: Wealthy Raises INR 130 Cr, FAE Beauty Secures $2 Mn, TotalEnergies Plans Stake Sale & More

The 24th November 2025 edition captures a dynamic day across India’s startup and corporate landscape. From major funding boosts in wealth-tech, beauty, and fintech to significant business developments in the renewable energy and consumer electronics sectors, today’s roundup highlights a strong mix of growth, strategic divestments, and performance

GHz Spectrum Battle: U.S. Tech Majors Resist Indian Telcos’ Demand for Mobile Use

The quest for spectrum in the 6 gigahertz (GHz) band for mobile services by Reliance Jio and Vodafone Idea has been met with opposition from major U.S. tech companies Apple, Amazon, Cisco, Meta, HP, and Intel Corporation. Instead, the IT majors wanted the whole 6 GHz range to be

WFH Just Got Fairer: India’s New Labour Codes Explained

Working long hours and not getting paid enough, working from home? No more. The new rules say ‘take 2x salary for it.’ Here's why...

Apple India Records Over INR 3,000 Crore Net Profit in FY25

Compared to INR 2,745.7 Cr (about $3.1 billion) in the previous fiscal year, Apple India's net earnings increased 16% to INR 3,196 Cr (around $3.6 billion) in the fiscal year 2024–25 (FY25). A consistent increase in the company's top line

Petrofac Fires 200 Staff in UAE Amid Concerns Over Unpaid End-of-Service Benefits

Following a sudden wave of layoffs, nearly 200 Petrofac employees in the United Arab Emirates said they were unaware of their end-of-service benefits, leaving many fearing for their future and fearing years of service would go unfunded. Some estimate that the entire amount of unpaid gratuity could surpass Dh27 million,

Alibaba’s Qwen Hits 10 Million Downloads in a Week: Stock up 5%..

Alibaba’s big AI comeback is driving strong attention after Qwen relaunch, and suddenly investors are betting on it for...

Who Will Control India’s 6GHz Spectrum? Jio, Vodafone, Airtel vs Apple, Amazon, Meta, Intel

Jio asks the government to put the entire 1200 MHz in auction, but Meta, Apple, Intel and others oppose, saying ‘not ready for mobile yet.’

TotalEnergies to Divest 6% Holding in Adani Green Energy Amid Strategy Shift

According to many media sources, TotalEnergies is getting ready to sell up to 6% of Adani Green Energy (AGEL). Through two companies, TotalEnergies Renewables Indian Ocean Ltd (15.58%) and TotalEnergies Solar Wind Indian Ocean Ltd (3.41%), the French energy giant presently owns nearly 19% of the Adani Group&

TCS Faces Setback as US Appeals Court Confirms $194 Million Penalty

According to Tata Consultancy Services (TCS), the biggest provider of IT services in India, a U.S. court ruled against it in the case involving DXC Technology Company (now Computer Sciences Corporation) on November 21. TCS was fined $194 million by a US District Court last year for allegedly stealing

Wealthy Secures INR 130 Crore in Funding Led by Bertelsmann India Investments to Scale its AI-Powered Platform for Mutual Fund Distributors

* The company will use this capital to further invest in technology, expand into Tier 2 and Tier 3 geographies, onboard 50,000 distributors, and achieve INR 1 lakh crore in AUM. * Wealthy combines human trust with AI-powered technology to help independent professionals become sophisticated wealth entrepreneurs, making wealth management scalable,