• Startup Pulse
    Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating.
  • BITKRAFT Ventures to Expand India Investments Amid Online Gaming Bill

    BITKRAFT Ventures

    Pune: BITKRAFT Ventures, a global venture capital firm specializing in gaming and interactive media, has announced its plan to double down on investments in India following the passage of the online gaming bill.

    The firm aims to increase its focus on game studios, esports, gaming infrastructure, and interactive media platforms in the country.

    BITKRAFT Ventures’ India strategy is centered around original IP creation for India and global markets, mobile-first game development, AI-driven interactive platforms, and regulation-compliant models.

    Also Read: Rooter Launches rStream to Redefine Brand Engagement with Gen Z Gamers

    With India’s strengths in engineering, mobile-first innovation, and storytelling, the firm believes the country is well-positioned to become a global innovation hub in gaming and interactive media.

    The new regulatory framework, which includes a ban on online money gaming, is expected to boost investor confidence and encourage the growth of esports, casual mobile gaming, and infrastructure development.

    Despite regulatory changes, India’s gaming ecosystem continues to expand, with strong opportunities in free-to-play titles, mid-core and core gaming experiences, AI-native content, and supporting platforms.

    BITKRAFT Ventures’ India Investment Thesis

    India is projected to have five to six mobile games surpassing $100 million in annual in-app purchase (IAP) revenues by 2025, signaling a major shift from ad-driven monetization to IAP and subscription models.

    BITKRAFT Ventures intends to support this transformation by funding studios creating global IP and companies building gaming infrastructure, while also providing operational support and access to its global network.

    Also Read: Media Tech Incubator Launched by IICT Mumbai and WaveX to Support AVGC-XR Startups

    Anuj Tandon, Partner for India & UAE at BITKRAFT Ventures, said: “The new proposed framework on the online gaming bill enhances investor confidence and creates a supportive environment for institutional global investors like BITKRAFT. India is at a transformational moment in interactive media and gaming, now comparable to mature markets such as South Korea and China.”

    Jens Hilgers, Founding General Partner at BITKRAFT Ventures, added: “India is at a unique and promising point in time. With regulatory clarity on permissible gaming, the ecosystem is ready for patient capital and long-term investment. This clarity builds trust, fosters consumer protection, and lays the foundation for globally competitive companies. We are eager to partner with Indian founders to realize this vision.”

    BITKRAFT Ventures’ Recent Investments

    BITKRAFT Ventures has already backed several Indian startups, including GameRamp, which raised $5.4 million in one of the largest pre-seed rounds. Other investments include StockGro, Mythik, Lila Games, Gamezop, and others, reflecting the firm’s growing commitment to India’s gaming and interactive media sector.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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