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topic: startup-india
author: Crashtech Editorial
covers: March 2025
published: Oct 16, 2026 · read: 18 min
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March 2025: Home delivery, hospital monitoring and brand ownership

Country Delight, Dozee and Purple Style Labs reveal three different stakes behind March’s reported equity and debt transactions.

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Research snapshot · 16 October 2026. This evolving public-source retrospective has incomplete deal coverage and current-company verification. Provisional mentions are identified separately.

A familiar service may need more than one delivery channel

Country Delight’s direct-to-home dairy and grocery service depends on farmer sourcing, product quality and scheduled household delivery. Founded in 2015 by Chakradhar Gade, Nitin Kaushal and other co-founders, it is described in the linked profile as a Gurugram company with a broad basket of kitchen essentials. The March tracker records a ₹212.5 crore Series E extension led by Temasek through V-Sciences Investments. This follows a distinct debt close recorded in October 2024. The difference matters: the March entry is an equity extension, while the earlier row was venture debt. A profile signal says the company tested a 10–15 minute quick-commerce pilot in Gurugram in December 2024. That is a distribution experiment adjacent to its subscription model. It would be unsupported to say the Series E financed the pilot; the sequence merely shows both were part of the company’s reported trajectory.

A contactless sensor for hospital monitoring

Dozee uses a sensor sheet under a mattress to detect micro-vibrations associated with heartbeat, respiration and other vital signs, then supports remote patient monitoring and early warning. Founded by Mudit Dandwate and Gaurav Parchani, the Bengaluru healthtech company’s March row reports ₹71.5 crore, approximately $8.3 million, from C3H and Stockhausen International; the tracker labels the round undisclosed. The business proposition is to extend monitoring beyond bedside equipment and help clinical teams see patient changes. A July 2026 profile signal reports more than 200 hospitals, 15,500 monitored beds and 14 million nursing hours saved, attributed to company website data. Those figures describe a later claimed footprint, not a verified clinical outcome or proof of what the March financing purchased. Earlier reporting of layoffs in 2024 is also part of the company’s context and cautions against reading a raise as a simple growth curve.

Luxury commerce is also a platform and retail operation

Purple Style Labs operates Pernia’s Pop-Up Shop and The Stylist, pairing a digital luxury-fashion marketplace with offline experiences. The March tracker records a $40 million Series E with a broad investor group. A fashion marketplace has to bring designers, inventory, customer discovery and service together; its operating needs are unlike a consumer subscription or hospital-monitoring product. Profile signals later report that the company filed a ₹660 crore IPO draft prospectus in September 2025 and received SEBI approval in January 2026. Those are procedural milestones, not a completed listing. They help place the Series E in a longer capital story while leaving valuation, performance and investor returns outside what this packet establishes.

Equity can mean different kinds of company support

March’s 22 rows include equity, debt and undisclosed transactions. The headline funding amount alone does not tell whether a company was financing product development, market expansion, inventory or a balance sheet. Country Delight’s extension and Dozee’s undisclosed round both appear as company-level financing, but the sources differ in disclosure. Purple Style Labs’ later IPO preparation is chronologically relevant yet separate from its March raise. Readers can compare the reported instruments and investors in the table without assuming common use or impact.

Rural finance brings another instrument into view

Namdev Finvest’s debt row and Country Delight’s equity extension make the month’s financing mechanics especially visible. Namdev lends to underserved rural and semi-urban borrowers; its listed debt financing names BlueOrchard Finance, Developing World Markets and Mirova. For an NBFC, borrowing can sit closer to the funding side of its own lending operation than it would for a consumer app. But unless a report specifies the facility’s structure and end use, we should not assume that proceeds flow directly into a named loan product. This is why the table preserves debt as debt and avoids treating it as equity capital.

Methods and limits

This is an incomplete public-source union, and its month context may not equal the announcement date. Later company milestones are dated claims from secondary sources, not independently verified here. Current operating status is unknown. Weekly mentions remain provisional and are presented separately from the tracker rows.

Reported transactions in the monthly tracker

Every row below is retained from the extracted tracker, including debt, mixed, secondary and listed-company transactions. Amounts, labels and investor names are shown as reported; follow the source link for the underlying coverage.

CompanyReported amountReported round / instrumentInvestors as reportedSource
GlobalBees₹146 Cr (~$17.5 Mn), in two tranches (Mar 2025 + Sep 2025)Series C2FirstCryoriginal report
Smallcase$50 MnSeries DElev8 Venture Partners Arkam Ventures Faering Capital Niveshaay AIF +1original report
Country Delight₹212.5 Cr (~$25 Mn)Series E (extension)Temasek (via V-Sciences Investments Pte Ltd)original report
DozeeINR 71.5 Cr (about $8.3 Mn)UndisclosedC3H Stockhausen Internationaloriginal report
Apna Mart₹214.5 Cr (~$25 Mn, incl. ₹38 Cr / $4.5 Mn debt)Series BFundamentum Partnership 2am Ventures Accel India Alteria Capital +3original report
STAGE$12.5MSeries BBlume Ventures Goodwater Capital Aayush Phumbhra Chennai Angels +5original report
Icertis$50 MnUndisclosedoriginal report
Magenta MobilityINR 100 Cr (~$11.5 Mn)Pre-Series Bbp Ventures Morgan Stanley India Infrastructureoriginal report
Manappuram Finance₹4,385 CrPrivate EquityBain Capitaloriginal report
Purple Style Labs$40 MnSeries EAlchemy Long Term Ventures Fund Bajaj Holdings & Investment Minerva Ventures Fund SageOne Flagship Growth OE Fund +22original report
Droom₹25 Cr (~$2.9 Mn)Pre-IPOFinvolve IA Growth Opportunities Fund II Rameshchandra Shahoriginal report
Bizongo$4.5 MnExtensionAccel B Capital Chiratae Ventures International Finance Corporation (IFC)original report
Infinite Uptime$35 MnSeries CAvataar Ventures GSR Ventures LGVP StepStone Group +1original report
Turing$111 MnSeries EKhazanah Nasional Berhad AltaIR Capital Amino Capital Fortius Ventures +7original report
Innoviti Payment SolutionsRs 35 Cr (Series M CCPS, first tranche)Series MAshutosh Joshi Bessemer Venture Partners Devi Construction LLPoriginal report
Leap Scholar$100 Mn (INR 870.66 Cr)DebtHSBCoriginal report
Darwinbox$140 MnGrowth EquityKKR Partners Group Gravity Holdingsoriginal report
Shadowfax$8.76 MnPre-IPOAbhishek Bansal IMM India Fund Vaibhav Khandelwaloriginal report
BetterPlace₹31.9 CrSeries DJungle Ventures Capria Venturesoriginal report
InsuranceDekho$70 MnVenture RoundBeams Fintech Fund BNP Paribas Cardif Mitsubishi UFJ Financial Group (MUFG)original report
Namdev Finvest$3 MnEquity (Top-up)LC Nueva AIF Promoters Grouporiginal report
Xoxoday$70M growth investmentprivate_equityApis Partnersoriginal report

Business, founder and profile classification

Profile fields below come from linked secondary metadata. Business descriptions are paraphrased from the supplied excerpt. “Not stated in packet” means the metadata is silent. Profile classification is a secondary valuation label; it is not operating status. Current operating status is unknown in this collection.

CompanyBusiness and sector (profile-based)FoundersFoundedProfile classificationOperating statusProfile
GlobalBeesGlobalBees is an e-commerce roll-up (Thrasio-style) platform that acquires and scales digitally-native D2C brands with $1-20 Mn revenue across beauty, personal care, home & kitchen, and lifestyle categories on marketp… (Brand Aggregator)Nitin Agarwal, Supam Maheshwari2021Unicorn (secondary profile)Unknown in this datasetprofile
SmallcaseBusiness description not stated in packetNot stated in packetNot stated in packetNot stated in packet (secondary profile)Unknown in this datasetprofile
Country DelightCountry Delight is a Gurugram-based direct-to-home (D2C) dairy and grocery delivery platform that sources milk, curd, paneer, ghee, bakery items, fruits, vegetables and other kitchen essentials directly from farmers a… (AgriTech / FoodTech)Chakradhar Gade, Nitin Kaushal, Tek Chand, Srilakshmi Akula, Amar Singh Kaushal2015Investor (secondary profile)Unknown in this datasetprofile
DozeeDozee is a Bengaluru-based healthtech startup that makes a contactless, AI-driven remote patient monitoring (RPM) and early-warning system using ballistocardiography — a sensor sheet placed under the mattress captures… (Artificial Intelligence)Mudit Dandwate, Gaurav Parchani2015Not stated in packet (secondary profile)Unknown in this datasetprofile
Apna MartFranchise-led omnichannel quick-commerce grocery and FMCG delivery startup focused on Tier II and Tier III Indian cities, delivering in around 10-15 minutes via a network of neighbourhood franchise stores rather than … (Grocery Delivery)Abhishek Singh, Chetan Garg2021Not stated in packet (secondary profile)Unknown in this datasetprofile
STAGEBusiness description not stated in packetNot stated in packetNot stated in packetNot stated in packet (secondary profile)Unknown in this datasetprofile
IcertisAI-native contract lifecycle management (CLM) software platformSamir Bodas, Monish Darda2009Unicorn (secondary profile)Unknown in this datasetprofile
Magenta MobilityMagenta Mobility (legal entity Magenta EV Solutions Private Limited, earlier operating the EV-charging brand ChargeGrid) is a Navi Mumbai-based electric-vehicle fleet operator for last-mile and mid-mile delivery logis… (Electric Vehicles)Maxson Lewis, Darryl Dias2017Not stated in packet (secondary profile)Unknown in this datasetprofile
Manappuram FinanceManappuram Finance is an Indian non-banking financial company (NBFC) headquartered in Valapad, Thrissur, Kerala, and one of India’s largest gold-loan lenders, also offering microfinance, housing finance, vehicle finan… (Gold Loans)V. C. Padmanabhan1949Listed (secondary profile)Unknown in this datasetprofile
Purple Style LabsOmnichannel luxury fashion platform for Indian designer wear, operating Pernia’s Pop-Up Shop and The Stylist through online and offline (Pernia’s Pop-Up Studio) experience centres in India and abroad; also incubates y… (E-commerce)Abhishek Agarwal2015Soonicorn (secondary profile)Unknown in this datasetprofile
DroomIndia’s first AI and data-science-driven e-commerce marketplace for buying and selling new and used automobiles, offering ecosystem tools like Orange Book Value pricing, ECO inspection/certification, financing, insura… (Automotive)Sandeep Aggarwal2014Not stated in packet (secondary profile)Unknown in this datasetprofile
BizongoBizongo is a Mumbai-based B2B growth-enablement platform for packaging design, procurement and supply-chain digitization, connecting enterprise brands with a network of manufacturing vendors via products including Pro… (B2B Marketplace)Aniket Deb, Sachin Agrawal, Ankit Tomar2015Not stated in packet (secondary profile)Unknown in this datasetprofile
Infinite UptimePune-based industrial IoT startup providing AI-driven predictive maintenance and plant reliability solutions for heavy manufacturing, using proprietary sensors and vibration-monitoring analytics to diagnose and predic…Raunak Bhinge2015Not stated in packet (secondary profile)Unknown in this datasetprofile
TuringBusiness description not stated in packetNot stated in packetNot stated in packetNot stated in packet (secondary profile)Unknown in this datasetprofile
Innoviti Payment SolutionsIndia’s largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners; an RBI Authorised Payment Aggregator for online and in-store payments under the Payments & Settlements Act 20… (Fintech)Rajeev Agrawal, Amrita Malik2002Not stated in packet (secondary profile)Unknown in this datasetprofile
Leap ScholarLeap (operating the consumer brands LeapScholar and LeapFinance, alongside Yocket and GeeBee) is a full-stack international student mobility platform offering study-abroad counselling, test prep (IELTS/TOEFL/SAT), adm… (EdTech)Vaibhav Singh, Arnav Kumar, Rajan Chaudhary2019Soonicorn (secondary profile)Unknown in this datasetprofile
DarwinboxDarwinbox is a mobile-first, AI-enabled human capital management (HCM) platform founded in August 2015 by Jayant Paleti, Rohit Chennamaneni and Chaitanya Peddi (CTO Vineet Singh was elevated to a fourth co-founder in … (HR Tech)Jayant Paleti, Rohit Chennamaneni, Chaitanya Peddi, Vineet Singh2015Unicorn (secondary profile)Unknown in this datasetprofile
ShadowfaxShadowFax operates as a logistics and supply chain provider, delivering hyperlocal delivery services throughout India while addressing last-mile logistics challengesAbhishek Bansal, Vaibhav Khandelwal2015Listed (secondary profile)Unknown in this datasetprofile
BetterPlaceAsia-focused full-stack workforce management SaaS platform (goBetter/staffBetter/gigBetter) for hiring, onboarding, attendance, payroll and upskilling of blue-collar and frontline workers, serving 1,000+ enterprise cl… (Enterprise Tech)Pravin Agarwala, Saurabh Tandon2015Soonicorn (secondary profile)Unknown in this datasetprofile
InsuranceDekhoInsurtech company that enables customers to compare and purchase insurance policies, including motor, health, travel, and pet insurance, through a digital platform and a network of agent partners (POSP model). (Fintech)Ankit Agrawal, Ish Babbar2017Not stated in packet (secondary profile)Unknown in this datasetprofile
Namdev FinvestJaipur-based non-banking finance company (NBFC) providing secured MSME, two-wheeler, e-rickshaw, and solar loans to underserved rural and semi-urban borrowers across nine North-Western Indian states. (Financial Inclusion)Jitendra Tanwar2013Not stated in packet (secondary profile)Unknown in this datasetprofile
XoxodayBusiness description not stated in packetNot stated in packetNot stated in packetNot stated in packet (secondary profile)Unknown in this datasetprofile

Provisional weekly-report mentions

These rows are secondary-table mentions only. The table’s week/month heading is not an exact announcement date; rows are not verified extra deal claims. Exact company + raw amount + raw round matches to the tracker were removed, while variants may remain.

CompanySector / headquartersAmount as listedRound as listedInvestors as listedWeekly source
Nexthop AIAI / US$110 millionFunding RoundLightspeed Venture Partnersweekly table
AboundFinance / US$14 millionSeed FundingNEAR Foundationweekly table
smallcaseOnline investment platform / Bengaluru$50 millionSeries DElev8weekly table
Country DelightDairy products brand / Gurugram$25 millionEquity RoundTemasek, V-Sciences Investmentsweekly table
Apna MartFMCG Chain / BengaluruINR 214 croreEquity and Funding RoundAccel and Fundamentumweekly table
DCDC Kidney CareHealth Service / New DelhiINR 150 crore-ABC Impactweekly table
CurefoodsCloud Kitchen / Bengaluru$6.6 million-BlackSoil, Binny Bansal and Caspian Investmentsweekly table
SHOEGRShoe care / Chandigarh$100KPre-Seed RoundPedalStartweekly table
OtipyAgritech / Gurgaon$2 millionVenture DebtNuvamaweekly table
Slikk ClubFashion Delivery / Bengaluru$3.2 millionSeed RoundLightspeedweekly table
Protectt.aiMobile App Security / GurgaonRs 76 Cr ($8.7 million)Series ABessemer Venture Partnersweekly table
Nivara Home FinanceHousing loan / BengaluruRs 245 CrSeries BTrue Northweekly table
PilgrimD2C Beauty Brand / BengaluruRs 200 CrMix of Primary and Secondary FundingNSFOweekly table
Chai KingsChai Retail / Chennai$3 millionSeries AA.V. Thomas and Coweekly table
Qila GamesGaming / Bengaluru$1 millionPre-seed FundingChimera VCweekly table
Lighthouse PropTechPropTech / Mumbai$2.5 millionFunding RoundTurbostartweekly table
IyasoSpeech Therapy / Pune$500kPre-Seed FundingMalpani Venturesweekly table
My Pahadi DukanD2C Wellness / JalandharUndisclosedPre-Seed FundingInflection Point Venturesweekly table
NavadhanFintech / MumbaiRs 111 croreSeries ANabVenturesweekly table
Asper.aiAI-powered supply chain / Bengaluru$20 million-Fractalweekly table
Everhope OncologyHealthcare / Delhi and Mumbai$10 millionSeed Funding-weekly table
Harvested RoboticsAI / HyderabadRs 5 croreSeed RoundArali Venturesweekly table
BroadwayD2C / Mumbai-Strategic InvestmentGruhasweekly table
Nourish YouPlant-based Nutrition / HyderabadRs 16 croreSeries ASidbi Venture Capitalweekly table
iHub RoboticsHumanoid robotics / ErnakulamRs 4.3 crorePre-Seed FundingU.S. investorsweekly table
Hypergro.aiAI / BengaluruRs 7 crorePre-Series AEternal Capitalweekly table
GoOATD2C nutrition / GurugramundisclosedPre-Seed RoundSironaweekly table
Go ZeroIce Cream / MumbaiRs 30 croreSeries ADSG Consumer Partners, Saama Capital and V3 Venturesweekly table
Yummy BeeCafé chain / HyderabadRs 18 croreFundingMile Deep Capitalweekly table
ZolveCross-border NeoBank / Bengaluru$251 millionSeries BCreaegis, HSBC, SBI Investment, GMO Venture Partnersweekly table
ScimplifyChemicals Startup / Bengaluru$40 millionSeries BAccel, Bertelsmann India, UMI, Omnivore and 3one4 Capitalweekly table
Purple Style LabsOmnichannel Luxury Fashion / Mumbai$40 millionSeries ESageOne Flagship Growth OE Fund, Alchemy Long Term Ventures Fund, Bajaj Holdings and Investment, and Minerva Ventures Fundweekly table
AmpereHour EnergyEnergy Storage / Pune$5 millionSeries AAvaana Capitalweekly table
goSTOPSBackpacker Hostel / New Delhi$4.2 millionSeries ABlume Venturesweekly table
indē wildAyurvedic Skincare / Mumbai$5 millionSeed RoundUnilever Ventures, SoGal Ventures, The Global Venturesweekly table
ZuppaDrone Manufacturing / Chennai-Strategic InvestmentGaruda Aerospaceweekly table
SwishFood Delivery / Bengaluru$14 MnSeries AHara Global Capital, Accel Indiaweekly table
Gainhub.Ai/ Haryana$100KPre-SeriesGrowth Strategy Venturesweekly table
MapMyCropAgritech / PuneRs 15.7 CrSeed FundingYourNest Venture Capital, Eaglewings Ventureweekly table
MaxIQ (formerly Gyaan AI)AI / Bengaluru$7.8 millionSeed FundingDell Technologies Capital, Intel Capitalweekly table
Phot.AIAI / Gurugram$2.7MnSeed FundingInfo Edge Ventures, Together Fund, AC Venturesweekly table
InsuranceDekhoInsurtech / Gurugram$70MnFunding RoundBeams Fintech Fund, Japan’s Mitsubishi UFJ Financial Group (MUFG), and insurer BNP Paribas Cardifweekly table
Beacon.liAI / San Fracisco$7 MnSeries ASorin Investmentsweekly table
DarwinboxHR technology / Mumbai$140 MnUndisclosed RoundPartners Group and KKRweekly table
NuukD2C home appliances / Gurugram$5 MnSeries AVertex Ventures SEAI, Good Capitalweekly table

Sources

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