Five funding rounds closed on 25 August 2026, spanning aerospace, wealthtech, electric motorcycles, climate tech and spiritual tech. Greenoaks, Mirae Asset Venture Investment, Helena and Atomic Capital were among the day's lead investors. The headline raise is Airbound's $37 million Series A round to scale its autonomous aircraft business. Away from funding, Pernia's Pop Up Shop parent Purple Style Labs filed its RHP and increased its IPO size to INR 680 crore, while Karnataka suspended the food licences of Amazon, Instamart and BigBasket over listings of poisonous Datura seeds. Airbound raised $37 million in a Series A round led by Greenoaks, with participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures. The round takes its total funding to nearly $50 million since launch. The funds will accelerate engineering, commercial-scale manufacturing and go-to-market efforts. Founded by Naman Pushp, Airbound is a Bengaluru-based aerospace startup developing lightweight autonomous aircraft that can carry a passenger or around 100 kg of cargo at a lower cost than conventional aircraft. It has completed more than 1,000 autonomous flights with Narayana Health and signed a deployment deal with the Andhra Pradesh government to scale to 10,000 daily flights. Matter raised $25 million, around INR 250 crore, in a growth equity round from existing investors Helena, Capital 2B, Japan Airlines, TransLink Innovation Fund and the Shakopee Mdewakanton Sioux Community. The round takes Matter's total capital raised to more than INR 1,000 crore. The funds will expand its distribution network, raise manufacturing capacity and develop new products. Matter is an Ahmedabad-based electric motorcycle maker known for its AERA model, with production capacity of nearly 1,000 vehicles a month and plans to reach 5,000 by the end of the financial year. The company plans to expand its dealership network from 30 to around 50 outlets and is developing four new motorcycles in the 150cc to 200cc segment. Nexedge Capital raised $20 million in its maiden funding round led by Mirae Asset Venture Investment and Elev8 Venture Partners. The funds will strengthen its technology platform, expand its senior banker network, and build a dedicated NRI proposition along with a new NBFC business. Founded by Anirudha Taparia in February 2025, Nexedge is a New Delhi-based wealth management and multi-family office firm serving HNIs, UHNIs, families and corporates. It has surpassed $3 billion in assets under management across around 1,300 clients within 18 months, and has onboarded more than 95 senior bankers. Utsav raised INR 36 crore in a Series A round led by Atomic Capital, with existing investors India Quotient and Equanimity Investments also participating. The round takes its total funding to INR 42 crore. The funds will expand its temple network, strengthen its technology and fulfilment capabilities, and grow its team. Founded by Sourajit Basu, Ankita De and Prajata Samanta, Utsav is
