PropTech, electric vehicles and healthcare drew the bulk of capital today, with five rounds across the spectrum. Mygate led the day, securing ₹225 crore from Dharana Capital, followed by EV charging startup Exponent Energy's ₹200 crore Series B2. Early-stage activity continued, with Hoola Health, HyperNorm AI and Bucketlistt also raising. In key news, Meta tied up with Reliance to build its first India data centre in Jamnagar, while the Centre's clearances for Starlink came under the spotlight. Bengaluru-basedMygateis a community management and security startup founded by Abhishek Kumar, Shreyans Daga, Vijay Arisetty and Rohit Jindal. Its platform lets resident welfare associations and residents manage visitor access, finances, amenities and communications. The company claims to serve over 27,000 residential communities and 5.7 million households across India. Mygate has secured ₹225 crore (around $26 million) from Dharana Capital, which has picked up a 12-14% stake through a mix of primary infusion and secondary share sales. It is the startup's first major round in more than three years, after it raised $56 million in a Series B in October 2019. Mygate's operating revenue grew 80% to ₹173.5 crore in FY25, while net loss narrowed 61% to ₹15.4 crore. The fresh capital will be used to expand its footprint across gated communities, strengthen its integrated platform and enhance product and technology capabilities. The company is targeting expansion to 10 million homes over the coming years. Bengaluru-based Exponent Energy is an EV rapid-charging startup founded in 2020 by Arun Vinayak and Sanjay Byalal. It develops proprietary battery packs and charging infrastructure that let commercial EVs achieve a full charge in 15 minutes using standard lithium-ion cells. Its offerings span 'e^packs', 'e^pumps' and 'e^plugs'. The startup has raised ₹200 crore (~$21.1 million) in a Series B2 round co-led by 360 ONE Asset and TDK Ventures, with Hitachi Ventures making its first investment in an Indian company. Existing backers Lightspeed, Eight Roads Ventures, 3one4 Capital and AdvantEdge VC also participated. Exponent has now raised a total of $65.7 million, with its last round of ₹220 crore coming in December 2023. The capital will be used to accelerate research and development, expand the platform into new vehicle categories and enter new geographies. The round follows a leadership transition, with cofounder Jagannath exiting last month to move into an advisory role. Bengaluru-based Hoola Health, formerly known as BabyMD, is a paediatric healthcare startup founded in 2024 by Deeksha Senguttuvan. It operates child-focused clinics offering paediatric consultations, vaccinations, diagnostics, developmental therapies and specialist care, combined with digital tools for vaccination records and growth tracking. It currently runs five clinics and has served more than 20,000 families. The startup has raised $5 million (~₹42 crore) in a round led by Peak XV's Surge, wi
