• 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.
  • Indofast Energy Launches Battery Swapping Stations at Nexus Select Malls, Starting with Bengaluru

    Indofast Energy

    Bengaluru: Battery-swapping solutions provider Indofast Energy has partnered with Nexus Select Malls to launch battery swapping stations within shopping malls, marking a new integration of electric mobility infrastructure into high-footfall retail destinations.

    The initiative has commenced with the inauguration of Quick Interchange Stations (QIS) at Nexus Shantiniketan and Nexus Whitefield in Bengaluru, making these the first battery swapping facilities introduced across the Nexus Select Malls portfolio.

    The rollout is planned to expand to key cities including Chandigarh, Delhi NCR, Hyderabad and Pune.

    By embedding battery swapping infrastructure within shopping malls, the collaboration aims to improve accessibility and convenience for EV users such as daily commuters, gig workers, delivery partners and fleet operators.

    The initiative integrates clean mobility solutions into everyday consumer environments, enabling faster energy replenishment without disrupting daily routines.

    Also Read: Bharat Connect Enables Unified EV Wallet Top-Ups Across India’s Charging Network

    Indofast Energy Enables Battery Swapping at Nexus Select Malls

    Commenting on the partnership, Anant Badjatya, CEO, Indofast Energy, said that integrating battery swapping technology into high-traffic retail destinations helps create an ecosystem where electric mobility becomes a seamless part of daily urban life.

    He added that the collaboration supports last-mile delivery requirements while enabling rapid expansion of battery swapping infrastructure across cities.

    Indofast Energy’s automated battery swapping technology allows EV users to replace discharged batteries within minutes, addressing challenges such as long charging times and range anxiety.

    The platform supports multiple vehicle categories on a common battery architecture, making it suitable for electric two-wheelers and three-wheelers operating in dense urban settings.

    Nilesh Singh, Senior Vice President – ESG & Business Excellence, Nexus Select Malls, said the introduction of battery swapping stations aligns with the company’s vision of developing malls as future-ready urban ecosystems.

    Also Read: EVCS at HPCL Retail Outlets: V-GREEN Partnership to Expand EV Charging Infrastructure Across India

    He noted that integrating sustainable mobility solutions into retail spaces makes greener choices more visible and practical for millions of visitors.

    The collaboration further strengthens Indofast Energy’s Battery-as-a-Service (BaaS) model by placing EV infrastructure at everyday consumer touchpoints.

    It also aligns with the company’s plan to deploy 10,000 battery swapping stations across more than 40 Indian cities over the next three years, supporting the transition towards sustainable urban mobility.

    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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