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Portfolio news

Recent moves from our portfolio.

Funding rounds, milestones and headlines from the 50+ companies in the Soonicorn portfolio. Sourced from public reporting over the last 12 months.

Portfolio news feed

Series B · $9 M
Skye Air Drone-Tech Mar 2026

Raises $9M Series B to expand last-mile drone delivery

Round led by IAN Alpha Fund with AVNM Ventures, Faad Capital, Bajaj Capital. Skye Air crossed 2 million drone deliveries in 2025, expanding to 16 cities over the next 24 months.

Read more on Inc42 (opens in new tab)
Series B · ₹82 Cr
Burger Singh D2C-FMCG Mar 2026

Closes ₹82 Cr Series B at ₹520 Cr valuation, eyes 1,000 stores by 2030

Round led by Artal Asia, with Negen Undiscovered Value Fund and Aurum Rising India Fund participating. Funds go toward franchise systems and supply-chain integration. 200+ stores already operational.

Read more on Inc42 (opens in new tab)
Seed · ₹4 Cr
Roopya Fin-Tech Feb 2026

Raises ₹4 Cr seed led by Inflection Point Ventures to scale lending-as-a-service

Lending-infra SaaS startup — banks, NBFCs and fintechs use Roopya to launch loan products in 4–6 days. Currently processing ₹200 Cr in loans annually across 10 states with 1,100+ POS terminals.

Read more on Entrackr (opens in new tab)
New round
Regrip Climate-Tech Feb 2026

Closes fresh funding round to scale re-engineered tyre platform

India's first re-engineered tyre brand secures latest investment, building on ₹16.6 Cr revenue in FY25. Cold-process retreading at half the cost of new tyres with full warranty.

Read more on Tracxn (opens in new tab)
EBITDA breakeven
Proost D2C-FMCG FY25

Crosses ₹100 Cr revenue in FY25, achieves EBITDA breakeven

Craft beer brand turns profitable with 100% YoY growth. ₹30 Cr Series A round earlier from Chimes Group and Porus Labs. Now in 5+ states with 5.4 M litre p.a. capacity.

Read more on Indian Retailer (opens in new tab)
Team +66% YoY
Skylark Drones Drone-Tech Aug 2025

Headcount up 66% YoY as drone SaaS scales

Skylark Drones reports 68 employees and ₹27.3 Cr revenue in FY25 — driven by enterprise B2B/B2G clients across mining, infrastructure, and energy. Partnership with DJI continues.

Read more on Tracxn (opens in new tab)
Seed · $144K
Adiabatic Climate-Tech Dec 2025

Closes $144K seed; receives MEITY TIDE 2.0 scale-up grant

IIT-Hyderabad-incubated battery-tech firm closes a fresh seed round and is selected for the Government's MEITY TIDE 2.0 scale-up scheme — building cost-efficient, durable, AI-enabled lithium-ion battery packs for mobility, agriculture and defence.

Read more on Tracxn (opens in new tab)
Revenue +50% YoY
Zypp Electric EV FY25

FY25 revenue grows 50% to ₹438 Cr

EV-as-a-service platform reports strong topline growth as electric last-mile delivery scales across India. Operating in NCR, Bengaluru, Pune, Hyderabad with 30,000+ EVs deployed.

Read more on Entrackr (opens in new tab)
Revenue ₹78 L · FY26 YTD
SBPL Climate-Tech Aug 2025

Sundarban Chemicals turns PAT-positive; first international export complete

Electrochemical wastewater-treatment startup deploys 50+ HERFOM units across hospitals, plants and government clients (Oil India, ONGC, Assam Government). FY26 projected revenue: ₹3 Cr.

Read more on SV Deal (opens in new tab)
Funding · ₹6.84 Cr
Astrophel Aerospace Space-Tech Aug 2025

Raises ₹6.84 Cr, signs MoU with IN-SPACe and ISRO collaboration

Funding plus partnership with IN-SPACe for Semi-Cryogenic Propulsion Development. Plans to test India's first privately built reusable rocket prototype on Independence Day 2026.

Read more on Tracxn (opens in new tab)
Bridge · ₹47.15 Cr
Burger Singh D2C-FMCG Jul 2025

Earlier ₹47.15 Cr round with Negen Value Fund and Nine Rivers Capital

Pre-Series B raise from Negen Value Fund and Nine Rivers Capital (₹12 Cr each) ahead of Burger Singh's expansion to 1,000 outlets target.

Read more on Franchise India (opens in new tab)
Pre-Series A · ₹12 Cr
Skippi D2C-FMCG Jun 2025

Raises ₹12 Cr extended pre-Series A, eyes Middle East expansion

Shark Tank India featured ice-popsicle brand bags ₹10 Cr from Dubai-based Surya family offices plus angel participation. Funds for brand visibility, working capital, and international expansion.

Read more on Entrackr (opens in new tab)
Skye Air Drone-Tech Jun 2025

Partners with Arrive AI to scale automated drone delivery in India

Joint rollout of 'Arrive Points' across India — starting with 60 units in Gurugram and a target of 500 units. Customers include Flipkart, Bluedart, Bombay Shaving Company, Shiprocket.

Read more on DroneLife (opens in new tab)
Series A
Dave AI B2B Apr 2025

Closes Series A round for AI-powered sales experience platform

Five investors participated. DaveAI's platform builds virtual avatars and chatbots for personalized customer interactions across automotive, retail, and BFSI.

Read more on Tracxn (opens in new tab)
Series C-II · $9.4 M
Zypp Electric EV Jan 2025

Raises $9.4M at $332M valuation; revenue grows 50% YoY to ₹438 Cr in FY25

Series C-II led by Ajay Kumar Aggarwal and Mmg Advisors. Total funding now $76.5M across 11 rounds from 174 investors. EV-as-a-service for last-mile delivery fleets.

Read more on Entrackr (opens in new tab)
Bridge · ₹10 Cr
Power Gummies D2C-FMCG Dec 2024

Raises ₹10 Cr bridge led by Jaipuria Family Office and Quadrant

D2C wellness brand expands into holistic-health categories under parent Aesthetic Nutrition, launching no-added-sugar gummies and 20 new SKUs alongside expansion to UAE and UK.

Read more on Entrackr (opens in new tab)
Series B · $5.87 M
Samosa Party D2C-FMCG Nov 2024

Raises $5.87M Series B led by DS Group

Total funding now $15.1 M across 6 rounds from 119 investors. Annual revenue ₹58.5 Cr in FY25. Omnichannel snacking brand expanding the samosa category.

Read more on Tracxn (opens in new tab)
Seed · ₹24.8 Cr
Dharaksha Ecosolutions Climate-Tech Sep 2024

Raises ₹24.8 Cr seed led by Avaana Capital

Mycelium-based biodegradable packaging maker secures seed round with Shark Tank India team, Vinners Capital, India Angels and Soonicorn. Tackling stubble burning + plastic pollution.

Read more on Entrackr (opens in new tab)
Series A
Ayu Devices Health-Tech Mar 2024

Closes Series A round for AyuSynk digital stethoscope

IIT-Bombay-incubated medtech maker of AyuSynk — 60× sound amplification, AI auscultation, Bluetooth-enabled remote diagnostics. 10,000+ units shipped, 67,800+ patients screened.

Read more on Tracxn (opens in new tab)
Sheru Climate-Tech Sep 2023

Partners with BSES Rajdhani for India’s first Vehicle-to-Grid station

Cloud-energy-storage startup joins Delhi DISCOM BSES Rajdhani to deploy India’s first bidirectional V2G + battery-swap station — using idle EV battery capacity to support peak grid demand.

Read more on Saur Energy (opens in new tab)

News compiled from public sources. We update this page as portfolio companies announce milestones.
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