The seed round backs an Indian quantum dot infrared chip with no public prototype data yet. onsemi has already bought a US rival, and another Indian startup raised on the same import-substitution case four days earlier.
QNu Labs has raised ₹200 crore led by the National Quantum Mission and Speciale Invest, a single round larger than everything it raised in the previous decade. Filed accounts show ₹40.5 crore of revenue in FY2025, up 64%.
ARC has raised ₹10.5 crore in pre-seed funding led by Chimera VC and MIXI Global Investments to build ARC X1, a handheld games console with its own operating system. That is roughly $1.2 million to do hardware and software at once.
YOGa Clean Air has raised ₹20 crore led by Info Edge Ventures, with Deepinder Goyal joining. It is the first institutional money the company has taken, and it comes straight after its first profitable year on ₹12.6 crore of revenue.
Industrial47 has closed ₹85 crore of a ₹150 crore debut fund to write pre-seed cheques into space, defence and fusion. The companies Rahul Seth backed personally before this have since raised about $189 million between them.
Edgeverse has raised ₹30 million, or ₹3 crore, from GVFL to put camera and radar based rider assistance on two-wheelers. Nearly half the people killed on Indian roads are on two-wheelers, and almost none of those vehicles carry the safety tech that has been standard in cars for years.