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Startup news and updates: Daily roundup (May 7, 2025)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, May 7, 2025.
From Routematic’s $40 million funding to Simple Energy’s next phase of growth, YourStory brings you today’s top stories from the Indian startup ecosystem.
Featured stories
How DAAKit is reinventing the logistics experience for D2C brands
Ever ordered from a D2C brand and waited days for it to be shipped across the country? That delivery lag is exactly what Chandan Singh Ghugtyal set out to fix with DAAKit, a smart logistics startup helping smaller brands match the speed of ecommerce giants.
DAAKit, derived from ‘daakia’, the Hindi word for postman, was inspired by the age-old connection created through letters, a nostalgic nod to communication and delivery. “We wanted a name that reflects our roots,” says Ghugtyal.
Latest news
InfoEdge sees blockbuster returns on early-stage bets in Zomato, Policybazaar
Online classifieds platform Info Edge on Tuesday said it has seen successful returns from its early bets, including foodtech major Zomato and Policybazaar. As of March 31, the two companies had a combined market cap of over Rs 2.5 lakh crore, with InfoEdge having a shareholding value of over Rs 31,500 crore.
Funding news
Lahori Zeera parent Archian Foods set to raise Rs 200 Cr from Motilal Oswal
Homegrown beverage brand Lahori is set to raise Rs 200 crore from Motilal Oswal as a part of a larger round.
The company's board has passed a resolution to issue 4,997 Series B preference shares with a face value of Rs 100 at an issue price of Rs 4,00,252 each to raise Rs 200 crore or $23 million, the documents from the Registrar of Companies (RoC) showed.
Kitchen robotics startup Posha raises $8M
AI-powered kitchen robotics startup Posha has raised $8 million in Series A round led by Accel, with participation from existing investors such as Xeed Ventures; Waterbridge Ventures; Binny Bansal Co-founder, Flipkart; Asha Jadeja Motwani; Samay Kohli and Akash Gupta, Co-founders, GreyOrange.
InspeCity bags $5.6M to advance satellite life-extension technologies
Indian space technology startup Inspecity has secured $5.6 million in seed funding led by investor Ashish Kacholia. The round also saw participation from Speciale Invest, Shastra VC, Antler India, DeVC, MGF Kavachh, and Anicut Capital.
Interior design tech startup Flipspaces raises $35M led by Iron Pillar
Indian space technology startup Inspecity has secured $5.6 million in seed funding led by investor Ashish Kacholia. The round also saw participation from Speciale Invest, Shastra VC, Antler India, DeVC, MGF Kavachh, and Anicut Capital.
Shiplog secures Rs 6.5 Cr
Gurugram-based logistics-tech startup Shiplog has secured Rs 6.5 crore in a seed round led by Mumbai-based Deepak Bhagnani Family Office. This marks Shiplog’s maiden fundraising round since its inception in 2022; prior to this, the startup had remained bootstrapped.
Other news
Simple Energy plans $350M IPO in FY27
Bengaluru-based EV maker Simple Energy plans to come out with an initial public offering between Q2 and Q3 of FY27, with a target to raise Rs 3,000 crore ($350 million)
The announcement comes amidst rival Ather Energy’s public market debut. EV maker Ola Electric had also listed on the bourses in August last year.
(This article will be updated with the latest news throughout the day.)
Edited by Kanishk Singh
