Four funding rounds closed on 7 August 2026, spanning climate tech, D2C apparel, and infrastructure robotics. The headline raise is BlissClub's ₹160 crore Series B led by Singularity AMC, while climate tech startup Mitti Labs pulled in $9.5 Mn from Aramco Ventures to expand its water-efficient rice cultivation programme. On the markets front, Ola Electric reported a narrowed Q1 FY27 net loss of ₹336 crore even as revenue fell 45% year-on-year, and PE giant TPG offloaded Shadowfax shares worth ₹301 crore in a bulk deal. BlissClub is a Bengaluru-based direct-to-consumer athleisure and functional apparel brand founded in 2020 by Minu Margeret. The company sells leggings, tops, outerwear, and accessories through its own website, marketplaces, and more than 40 offline retail stores across India, and recently launched a menswear line. The company raised ₹160 crore (~$16.8 Mn) in a Series B round led by Singularity AMC. Founder Minu Margeret and her partner Vidit Aatrey also participated, alongside existing investors Elevation Capital and Eight Roads Ventures. BlissClub had previously raised $15 Mn in a Series A in May 2022. The fresh capital will be used to expand into new categories, scale its offline retail presence, strengthen product development, and hire talent. In FY25, BlissClub's operating revenue grew 51% to ₹131.5 crore, and the company cut its losses by more than half during the same period. Mitti Labs is a climate tech startup, founded in 2023 by Xavi Laguarta Soler, Devdut Dalal, and Nate Torbick, with operations in Bengaluru and the US. It helps farmers adopt alternate wetting and drying (AWD) irrigation — a technique that cuts water use by close to 40% and methane emissions by more than half — and converts verified savings into carbon credits sold to enterprises. The startup raised $9.5 Mn (~₹90 crore) in a Series A round led by Aramco Ventures. Godrej Industries Group, Cisco Foundation, Volta Circle, and existing backer Lightspeed India also participated in the round. Proceeds will fund expansion of operations across India and the launch of greenfield projects in the Philippines and Indonesia, with a focus on scaling its AWD programme. The startup says it currently works with more than 150 million smallholder rice farmers. Solinas Integrity is a Chennai-based robotics startup incubated at IIT Madras in 2018. It develops AI-powered robots and software for inspecting, cleaning, and managing underground water and wastewater networks, with its systems deployed across at least 35 cities and 15 states in India. The company raised $5.5 Mn (~₹46 crore) in a Series A1 round led by Hero Enterprise Partner Ventures and Mela Ventures, with Luthra Group also joining. Existing backers SVL-SME Fund (managed by SBI Ventures), Rainmatter, and 8X Ventures Fund I made follow-on investments. Funds will go towards increasing manufacturing capacity, developing new products, and strengthening software infrastructure. Solinas also plans to enter more Indian st
