The Tech Pandatakes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing. Emergent, the fast-growing AI software creation platform that enables founders and business owners to build full-stack, production-ready web and mobile applications, announced a $130 million Series C funding. The round was led by Creaegis, with MNI Ventures – Claypond Capital and Sentinel Global as co-lead investors, and participation from Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator. Mukund Jha, Co-founder and CEO, Emergent said, “The real impact of the AI revolution will be a complete democratization of who gets to build what software, where they get to build it, and how much it costs. It’s about making software development accessible to the people closest to the problem, regardless of their technical knowledge. With a platform like Emergent, the people who have great ideas and deep domain expertise can now build and run the software their business needs to succeed at a fraction of the cost.” Indian Space Tech startup BAAS Technologies has raised INR5 crore in a pre-seed round led by Inflection Point Ventures. The round also saw participation from SINE IIT Bombay and a group of private angel investors. The funds will go toward R&D on liquid and solid propulsion systems, building out the static test facility and manufacturing infrastructure, procuring equipment and raw materials, growing the engineering and operations team, regulatory compliance, and upcoming engine and flight-testing milestones. Ankur Mittal, Co-Founder, Inflection Point Ventures, said, “BAAS is building an end-to-end launch vehicle platform that reflects the company’s strong engineering capabilities and its clear understanding of the growing demands of the global space economy. By developing cost-effective and reliable launch solutions, the company is addressing the crucial market gap in small satellite access to space. We believe BAAS is well-positioned to capitalize on the increasing demand and contribute to India’s emergence as a leading space-tech innovation hub.” Elevate Education (formerly known as Sunstone) announced that it has secured INR170 crore in Series D funding from WestBridge Capital. The investment follows a period of strong execution during which the company significantly expanded its student base, institutional partnerships, and revenue, establishing itself as one of India’s leading higher education platforms focused on learner outcomes and employability. The funding will support the company’s next phase of growth as it scales its technology platform, AI capabilities, and partner institution network. Sandeep Singhal, Co-founder and Managing Partner, WestBridge Capital, said: “We believe Elevate Education is addressing an important opportunity in India’s education ecosystem by improving the quality and relevance of learning at scale. Ashish, Ankur and Piyush, along with the broader team, have built the company with a d
