AI, hardware and manufacturing drew the bulk of capital on 16 July 2026, across ten disclosed rounds. Naturis Cosmetics led with ₹100 crore, while Rippling co-founder Prasanna Sankar's new AI venture Vorflux raised $15 million (~₹125 crore) in seed funding. In deals news, Aurum PropTech agreed to acquire Housing.com's parent for ₹458 crore, and Amazon committed ₹60,000 crore to a hyperscale data centre in Hyderabad. Naturis Cosmetics is an R&D-led contract development and manufacturing organisation (CDMO) for beauty and personal care brands. It works with over 50 brands including Nykaa, Pilgrim, Purplle, Colorbar, Kay Beauty and Asaya, and also partners with pharma firms such as Glenmark and Dr. Reddy's Laboratories. The company raised ₹100 crore (~$12 million) in its first institutional round led by Sharrp Ventures, with participation from Mirabilis Investment Trust (the K. Dinesh family office), Anicut Capital, Niveshaay and several angel investors. Its operating revenue grew about 40% to ₹154 crore in FY25, with a profit of ₹12 crore. The funds will be used to expand manufacturing and R&D, including a new facility in Vapi, an experience centre in NCR and an R&D hub in Mumbai. The company also plans to add new beauty, personal care and OTC categories. Vorflux is a new AI startup founded by Prasanna Sankar, co-founder and former CTO of HR software platform Rippling. It is building an AI-powered platform to automate the software development lifecycle, moving beyond coding assistants towards an 'autopilot' system. The startup raised $15 million (~₹125 crore) in a seed round led by Y Combinator, Peak XV Partners, Powerset and Alliance, with angel backing from Parker Conrad, Immad Akhund and Balaji Srinivasan. Vorflux follows the shutdown of Sankar's previous venture, 0xPPL. The platform aims to handle planning, coding, testing, code reviews and deployment while applying a company's engineering standards. It leverages third-party AI models to reduce manual oversight in development workflows. Founded in 2010 by brothers Anshul and Ankur Gupta, Quick Clean is an on-premise laundry infrastructure company. It runs a build-own-operate model for hotels and hospitals, with clients including Marriott, Taj, Hyatt, ITC Hotels, AIIMS and Lilavati Hospital. The company raised $14 million (~₹133 crore) in a Series B round led by Stakeboat Capital, with existing investors Alkemi Growth Capital and Blue Ashva Capital participating. In February last year, it had raised ₹50 crore (~$5.7 million) in Series A. The capital will fund expansion across India, investment in AI-led laundry operations and predictive maintenance, and international entry into Southeast Asia and the Middle East. Quick Clean currently runs over 140 facilities across 38 cities and plans to reach 500 within five years. Founded in 2023 by Achintya Gupta, Gaurav Jain and Piyush Agarwal, Reo.Dev is an AI-native go-to-market platform for companies selling to engineering and technical teams. The Bengal
