India’s Deeptech Dreams, Nazara’s Buyout, and Ola Prepares For Fundraise

Razorpay and MeitY Startup Hub are quietly powering up India’s deeptech dreams, while Nazara makes a global splash with its INR 248 Cr buyout of UK’s Curve Games. Meanwhile, Ola Electric preps its first post-IPO fundraise, hinting at a charged-up roadmap ahead. Besides, there’s Startup Spotlight to savor.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Revolution Is Here Now”: MeitY Startup Hub Partners Razorpay To Boost Deeptech Startups

In a move that signals quiet support for India's deeptech ecosystem, MeitY Startup Hub has joined hands with fintech unicorn Razorpay.

The collaboration will give emerging startups access to Razorpay Rize, a platform tailored for early-stage ventures. While the noise around flashy funding rounds continues, this initiative could offer the kind of infrastructural backing that deeptech truly needs.

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“Ab Aayega Maza”: Nazara Buys UK-Based Curve Games For INR 248 Cr

Nazara is making a global play—snapping up UK-based Curve Games for a hefty INR 248 Cr. With the deal set to close in just 10 days, the move marks Nazara’s serious entry into the global PC and console gaming arena.

It's a quiet but calculated step toward expanding its gaming footprint beyond India’s mobile-first market.

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“Ek Taiyyari Jeet Ki”: Ola Electric Plans First Fundraise Since IPO

Ola Electric is quietly gearing up for its first fundraise since going public, with a board meeting slated for May 22 to discuss issuing NCDs.

The finer details—like how much and from whom—are still under wraps. Meanwhile, the stock edged down slightly to INR 52.01, perhaps reflecting the market’s wait-and-watch mood.

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1. Tan90 has secured INR 20 Cr in Series A funding, led by NABVENTURES, to scale its cooling solutions for enterprises. The fresh capital signals growing investor confidence in sustainable cold chain tech.
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2. B2B fintech startup PaySprint is set to raise $3 Mn in Series A funding from a mix of undisclosed family offices and HNIs. The move hints at quiet but steady interest in backend fintech infrastructure.
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3. Cybersecurity firm CloudSEK, known for its contextual AI in early threat prediction, has secured $19 million across its Series A2 and B1 funding rounds. The capital came from a mix of financial and strategic investors, including MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and Commvault.
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4. D2C lifestyle brand Miraggio has secured INR 55 Cr in Series A funding led by RPSG Capital Ventures and others. The capital boost comes as the brand eyes wider reach in India’s fast-growing fashion and accessories space.
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5. CureBay, a hybrid healthcare platform, has successfully raised $21 million in Series B funding. The round was led by Bertelsmann India Investments. CureBay provides a comprehensive suite of healthcare services, including doctor consultations, medication, diagnostics, surgery facilitation, and patient support.
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“Hum Honge Kamiyab”: Symbionic's Mission to Make Bionic Arms Accessible

When Rishi Krishna Iyer lost his arm in a bus accident, he didn’t just rebuild his life—he reimagined the future of prosthetics in India. Teaming up with his childhood buddy Niranjan, the duo launched Symbionic, a Chennai-based startup creating modular bionic arms like Krea Adaptive that can ride, swim, and even hit the gym.

After a strong showing on Shark Tank India and backing from investors like Namita Thapar and Jeet Adani, Symbionic is now on a mission to bring next-gen, affordable prosthetics to those who need them most.

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