The Tech Pandatakes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing. Flexprice, the open-source usage billing infrastructure built for AI-native and API-first enterprises, announced a $1.5M seed funding round led by Shastra VC, co-led by Anupam Mittal founder of People Group and one of India’s most prominent entrepreneurs and TDV Partners, who doubled down on their initial investment in the company. “In our conversations with AI companies, one theme came up repeatedly: traditional billing systems are breaking under new AI business models. Software pricing is rapidly shifting from seat-based subscriptions to usage-based and increasingly outcome-based pricing, creating a level of complexity most existing infrastructure wasn’t designed to handle. What stood out about Flexprice was the strength of the engineering vision – an open-source, real-time billing platform purpose-built for modern AI products, while integrating cleanly into existing systems. The early traction reinforced how urgent and universal this need is. We invested because we believe Flexprice is building foundational infrastructure for the next generation of AI-native software companies.” —Avijeet Alagathi, Managing Partner, Shastra VC Meta Fashion, a new-age digital fashion platform which is building the “Zara for the Virtual World”, announced that it has raised approximately $400K in a pre-seed funding round. The round was led by Lumikai, India’s leading interactive media, digital platforms, and games-focused VC fund. The round also saw participation from prominent angel investors including Big Bets (the family office of Anton Gauffin, founder of HUUUGE Games), Akshat Rathee, Founder of Nodwin Gaming, and Pratham Mittal, Founder of Masters’ Union. “We first came across Arjun’s work while tinkering on Roblox. His virtual items stood out in the marketplace with a level of taste that was hard to miss. What sets Arjun apart is a rare combination of foresight to pre-empt aesthetic trends on UGC marketplaces and the commercial discipline to convert that signal into a profitable, capital efficient operation. Meta Fashion sits at the intersection of two trends that drive our thesis on the space: the rise of UGC platforms as the next generation of consumer entertainment and the professionalization of creators on these platforms into real, venture-scale businesses. We’re truly thrilled to partner with Arjun.” Trackk, Young India’s investment platform built for Gen Z investors, has raised $3.7 million in a seed funding round led by Lightspeed, with participation from Info Edge Ventures and angel investors including Gaurav Munjal, Roman Saini, Tanmay Bhatt, Varun Mayya, and Gaurav Kapoor. The company will use the fresh capital to strengthen its broking infrastructure, expand product capabilities, accelerate user acquisition and customer onboarding, grow its team across key functions, and build additional financial products aimed at younger Indian
