Daily Funding Highlights – October 30, 2025
IntrCity SmartBus – Raised ₹250 crore in Series D led by A91 Partners. Founded by Kapil Raizada (President) and Manish Rathi (CEO), this intercity bus platform operates 630+ routes across 15 states with 550 daily trips, targeting ₹1,000 crore turnover and 1,500+ daily trips by 2028.
RMSI – Secured $56 million growth investment led by Affirma Capital with 360 ONE Asset. Founded by Rajiv Kapoor (Chairman & MD) and Anup Jindal (CEO & Joint MD) in 1991, this Noida-based engineering services firm provides AI/ML data annotation, autonomous driving, and geospatial analytics to 6,000+ professionals across 35 countries with ₹551 crore FY24 revenue.
Jupiter Money – Raised $15 million from existing investors Mirae Asset Venture Investments (India), BEENEXT, and 3one4 Capital at flat $600 million valuation. Founded by Jitendra Gupta in 2019, this Bengaluru-based neo-banking platform serves 3 million customers with ₹150 crore+ revenue run rate, having issued 150,000 co-branded credit cards averaging 24 monthly transactions.
SalarySe – Secured $11.3 million led by Flourish Ventures and SIG Venture Capital. Founded by Piyush Bagaria, Saumeet Nanda, and Mohit Gorisariya in 2023, this Gurugram-based salary advance fintech partners with HDFC Bank and RBL Bank serving 1.5 million employees across 100 enterprises, targeting 20 million employees by 2027.
Redacto – Raised ₹12 crore led by PeerCapital and Antler India. Founded by Shashank K. and Amit K. in 2024, this AI-powered data privacy platform automates DPDP Act compliance for payments firms, NBFCs, banks, and insurance companies through data discovery, consent tracking, and vendor risk management.
Vijya Fintech (MidasX Official) – Secured ₹12 crore in seed round reaching ₹27 crore total funding. Founded by Aakash Bansal (CEO) and Paresh Paladiya (CTO), this wealth-tech platform acquired an AI startup to build India’s first open-architecture B2B2C multi-asset marketplace offering stocks, bonds, mutual funds, and unlisted equities.
Helex – Raised $3.5 million led by pi Ventures with participation from Bluehill Capital and SOSV. Founded by Dr Poulami Chaudhuri (CEO), Rohini Kalvakuntla (CBO), and Anirudh Nishtala (COO) in 2021, this Hyderabad-based biotech startup develops non-viral gene therapies for ADPKD affecting 12 million globally using proprietary LNP delivery technology.
Openhouse – Secured $2 million led by IndiaQuotient Ventures. Founded by Rahool Sureka and Ankit Khemka in 2024, this NCR-based proptech platform offers AI-based pricing, 90-day sale guarantee, and Data IQ engine evaluating 100,000 data points monthly, targeting ₹100 crore monthly GMV.
🚀 Got a startup story to tell?
💡 Share your news, funding updates & interviews with us!
👉 Visit: startuptoday.in
📩 Email: [email protected]
#StartupFunding #VentureCapital #FundRaising #FundingNews #StartupNews #Founders #Entrepreneur #StartupIndia #StartupToday #Startup
