The Indian startup ecosystem witnessed a mix of sizable venture funding and strategic growth moves on 3rd September 2025. Edtech player Seekho led the day with a $28 million Series B round, followed by healthcare and fintech activity with PlatinumRx and StockGro raising fresh capital. Edgehax and WaterScience also secured early-stage funding to strengthen their market presence. Meanwhile, on the business front, Urban Company’s upcoming IPO promises multi-bagger returns for its early backers, Zomato revised its platform fee ahead of the festive season, Jio’s Haptik rolled out AI agents for SMBs, and OpenAI made a $1.1B acquisition to bolster its applications portfolio.
Daily Indian Funding Roundup – 3rd September 2025
Company | Amount | Round | Lead investor(s) | Sector |
---|---|---|---|---|
Seekho | $28 Mn | Series B | Bessemer Venture Partners (with Goodwater, Lightspeed, Elevation) | Learning / EdTech (short-form learning) |
Edgehax | ₹1.39 Cr | Seed | Inflection Point Ventures (IPV) | Edge AI hardware |
PlatinumRx | $6 Mn | Funding round | Stellaris Venture Partners (with India Quotient) | Healthcare / Online Pharmacy |
StockGro | ₹50 Cr | Venture Debt | Trifecta Capital Funds | Fintech / Social investing |
WaterScience | ₹1.4 Cr | Funding | Velocity (Peter Thiel-backed) | D2C non-drinking water filtration |
Seekho raised $28 million in Series B
Bengaluru-based short-form learning platform Seekho secured $28 million in a Series B funding round led by Bessemer Venture Partners, with participation from Goodwater Capital, Lightspeed Venture Partners, and Elevation Capital. The investment is set to fuel Seekho’s growth, bolster product development, and expand its reach in the competitive edtech landscape.
Edgehax raised ₹1.39 crore in Seed round
Edgehax, an Edge AI hardware startup, raised ₹1.39 crore in a Seed round led by Inflection Point Ventures (IPV). The funds will be directed toward scaling manufacturing, accelerating product development, and extending market access across India, Singapore, the US, and Europe.
PlatinumRx raised $6 million in funding round
Bengaluru-based online pharmacy PlatinumRx secured $6 million in a funding round led by Stellaris Venture Partners, with participation from existing investor India Quotient. The infusion will support operational scaling, expansion of fulfillment centers, and growth of its product and tech teams.
StockGro raised ₹50 crore in venture debt
StockGro, a Bengaluru-based social investment platform, raised ₹50 crore in venture debt from Trifecta Capital Funds. This financing comes as StockGro expands its product suite, including the recent launch of “Stoxo,” an AI-powered stock market research engine for retail investors. The venture debt issuance was approved at the extraordinary general meeting on September 2, 2025.
WaterScience raised ₹1.4 crore in funding
D2C brand WaterScience, which offers non-drinking water filtration products, raised ₹1.4 crore in funding from Velocity, a growth capital platform backed by Peter Thiel's Valar Ventures. The startup plans to use the funds to accelerate growth, strengthen brand marketing, and expand into new product categories, positioning itself as a comprehensive water solutions provider for Indian homes.
Key Business News for 3rd September 2025
Urban Company early investors eye bumper returns on Dalal Street
Early backers—including Accel and Elevation Capital—are poised to reap significant gains from Urban Company’s upcoming ₹1,900 crore IPO. Returns on some early investments are expected to range between 2× and as high as 29×, reflecting the company’s stellar growth since inception.
Zomato hikes platform fee ahead of festive season rush
Online food delivery giant Zomato has raised its per-order platform fee from ₹10 to ₹12 (excluding GST) to strengthen margins during the festive season. The move mirrors a similar increase by Swiggy, as both companies adapt to soaring order volumes.
Jio’s Haptik introduces Rs 10,000 AI agents for SMBs via WhatsApp
Reliance Jio’s conversational AI arm Haptik has launched its “AI for All” initiative through the Interakt platform, enabling small and medium businesses to deploy advanced WhatsApp and Voice AI agents starting at ₹10,000. These AI agents — backed by Haptik’s Agentic AI — handle inquiries, bookings, lead qualification, and more, aiming to bring enterprise-grade automation to SMBs.
OpenAI acquires product-testing startup Statsig for ~$1.1B, appoints new CTO of apps
OpenAI has acquired product experimentation startup Statsig in an all-stock transaction valued at approximately $1.1 billion, based on OpenAI’s $300 billion valuation. As part of the deal, Statsig’s founder and CEO, Vijaye Raji, will become OpenAI’s Chief Technology Officer of Applications, overseeing product engineering for tools like ChatGPT and Codex.

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