YourStorybrings you today’s headlines with the latest developments across sectors Growing up in Tamil Nadu's bidi belt, Karunya Gunavathy watched women sacrifice their health to earn a living. Today, through the Kottravai platform, she is helping them transition from bidi rolling to sustainable livelihoods, with a mission to create jobs for 10,000 women. Transition VC, the Bengaluru-headquartered venture capital firm with a focus on the energy transition segment, has launched its second fund with a target corpus of Rs 1,500 crore. The VC firm plans to invest $2 million to $5 million each in over 20 engineering-led startups over four years, starting from the third quarter of the current fiscal. Gurugram-based tech-enabled holiday planning and booking platform 30 Sundays has raised Rs 61 crore in a Series A funding round led by Bessemer Venture Partners, with participation from existing investors Info Edge Ventures and Eximius Ventures. Organic food ingredients company Suminter India Organics has raised Rs 25 crore in debt funding from BlackSoil Capital to strengthen working capital and support procurement during the peak harvest season. The company said the funding will help it source certified organic ingredients at scale while expanding engagement with its network of over 1 lakh smallholder farmers across India, the Philippines, and Africa. Founded in 2004, Suminter operates an integrated farm-to-market platform covering sourcing, certification, processing, and global distribution of organic ingredients such as spices, cocoa, coconut products, and natural fibres. The company exports to leading food and ingredient brands across the United States, Europe, and other international markets while promoting regenerative farming and end-to-end traceability. Spend management and SaaS fintech company Zaggle Prepaid Ocean Services will invest up to Rs 7.96 crore in cross-border payments firm Unobanc Private Limited, which operates under the moneyHOP brand. Following the investment, Zaggle will hold up to a 19.9% equity stake in the company. The move is aimed at expanding Zaggle's payments ecosystem and strengthening its presence in cross-border payments, remittances, and foreign exchange services for enterprise and retail customers. Unobanc, a subsidiary of Hop Financial Solutions, provides technology infrastructure for digital cross-border payments and has received in-principle approval from the Reserve Bank of India for an Authorised Dealer Category-II licence to expand its forex and remittance offerings. Mumbai-based causal decision intelligence startup FireAI has raised Rs 2.5 crore from SucSEED Indovation Fund to accelerate its go-to-market strategy. The company will deploy 55% of the capital to expand its enterprise sales team and regional presence, while 35% will be invested in research and development to strengthen its AI platform. The remaining funds will support administrative operations and new office infrastructure. FireAI's platform helps ente
