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    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. 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. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. 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. 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. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund.
  • Dubai Aerospace Enterprise Leases Two ATR 72-600 Aircraft to FLY91

    Dubai Aerospace Enterprise

    Panaji: Indian pure-play regional airline FLY91 has leased two ATR 72-600 turboprop aircraft from Dubai Aerospace Enterprise, a UAE-headquartered global aviation services provider, supporting the airline’s next phase of network expansion across India’s regional markets.

    The two brand-new aircraft are scheduled for delivery later this month from ATR’s manufacturing facility in Toulouse, France.

    With this induction, FLY91 will scale up capacity, enhance flight frequencies on existing routes, and commence operations to new destinations including Hubballi (Karnataka), Vijayawada and Rajahmundry (Andhra Pradesh), Nanded (Maharashtra), and Dabolim (Goa).

    Also Read: MoCA Establishes Passenger Assistance Control Room for 24×7 Aviation Passenger Support

    Dubai Aerospace Enterprise Partnership Strengthens FLY91 Fleet Strategy

    Following the delivery, FLY91’s fleet size will increase to six aircraft. The expansion is aligned with the airline’s strategy to strengthen regional air connectivity, particularly across tier-2 and tier-3 cities, while deepening air links to underserved destinations.

    Commenting on the development, Manoj Chacko, Chief Executive Officer and Managing Director, FLY91, said the transaction supports the airline’s approach to building a scalable and resilient regional aviation model.

    He noted that the ATR 72-600 continues to play a central role in FLY91’s operations, offering efficiency, reliability, and performance well-suited for short-haul regional routes. The continued partnership with Dubai Aerospace Enterprise also enables fleet growth while maintaining financial discipline and capital efficiency.

    FLY91 had earlier inducted its first two aircraft through Dubai Aerospace Enterprise, reinforcing the long-term leasing relationship between the two entities.

    Also Read: Sustainable Aviation Fuel: Air India and IndianOil Sign MoU for Green Aviation Future

    Dubai Aerospace Enterprise-Backed Fleet Expansion Supports Regional Connectivity

    The ATR 72-600 remains the backbone of FLY91’s fleet strategy, known for its turboprop economics, short take-off and landing capability, and operational suitability for secondary and regional airports.

    Since commencing commercial operations in March 2024, FLY91 has steadily expanded its footprint, connecting Goa’s Manohar International Airport with destinations such as Solapur, Jalgaon, and Agatti in the Lakshadweep Islands.

    The airline also provides connectivity to major urban centres including Pune, Bengaluru, and Hyderabad, alongside emerging regional hubs such as Sindhudurg.

    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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