Funding
China’s Tencent Holdings Invests $ 400 Million In Ola
China’s Internet giant Tencent Holdings has invested $ 400 million in the cab aggregator startup Ola according to documents filed with the Registrar of Companies (RoC.)
According to the RoC filings, Singapore based Copper Technology Pte., Ltd., owned and operated by Tencent, will take a 9.57 % stake in the company. ANI Technologies Pvt., Ltd., Ola’s parent company, issued the shares to Copper Technology at Rs.13,521 apiece by allocating 1,908,143 preferential shares.
This round of funding would value Ola at $ 4.1 billion, while recent media reports put the firm’s valuation at $ 3.8 billion. VCCircle reported, Ola has raised close to $ 800 million in funding since November last year, including a $ 250 million investment from Japanese major SoftBank. Including this round of funding, Ola has raised close to $ 1.93 billion to date.
The capital from Tencent will give a lot of firepower to Ola in its battle against Uber, which is also in talks to acquire a $10 billion investment from SoftBank. This investment by Tencent will also reduce SoftBank’s 22.5% stake in the company. The Chinese investment holding company has been looking to get a share in the lucrative Indian market. So far, it has already invested close to $ 900 million in multiple Indian startups, including Flipkart, Practo Technologies and Hike Messenger.
Ola, which has been raising funds at regular intervals for the past couple of months, is expected to continue its fundraising efforts to keep competition at bay. According to industry analysts, SoftBank may also push for a possible consolidation deal between Uber and Ola, despite the latter continuously raising funds. This funding round will be followed by an investment of $ 1 billion by SoftBank. However, the Japanese firm has set terms for Ola to receive the second part of the planned investment.
Both Ola and Tencent have not commented on this latest round of funding.
Bengaluru, January 13, 2026 Dazzl, the D2C beauty startup revolutionizing AI personalized skincare India, secured $3.2 million in seed funding led by OYO founder Ritesh Agarwal’s venture arm. Co-investors include Snapdeal’s Rohit Bansal and Fireside Ventures, valuing Dazzl at $15 million post-money. Founded in 2024 by IIT alumni Priya Singh and Arjun Mehta, the app uses smartphone scans for custom serums, boasting 50,000+ users and ₹5 crore ARR amid India’s $25 billion beauty market surge.
Ritesh Agarwal praised Dazzl’s tech: “Personalization is beauty’s future, like OYO’s guest model.” Funds target R&D for 100+ skin profiles, Gujarat manufacturing under PLI, Instagram/Nykaa campaigns, and 50 hires. In a 20% YoY growing sector (Redseer 2025), Dazzl edges Mamaearth and Plum with 95% AI precision, 90% natural formulas, ₹499 kits, 65% retention (vs. 40% avg), and viral TikTok traction in 10 cities.
D2C beauty startup Dazzl tackles regulations via FSSAI compliance, eyeing $10B e-commerce beauty by 2028 and MENA exports. Q2 haircare launches and Series A loom, with Agarwal’s backing signaling unicorn potential for sustainable beauty products India. Dazzl blends AI with clean beauty for 500M+ consumers.
Bangalore’s Yali Capital has closed its first deeptech-focused fund, raising a substantial ₹893 crore (about $104 million) and surpassing its initial ₹500 crore target. This major fundraising milestone highlights the growing appeal and investor confidence in India’s deeptech landscape, fueling innovation in pivotal sectors like semiconductors, artificial intelligence, robotics, aerospace, genomics, and smart manufacturing. The fund cements Yali Capital’s position as a key player driving progress in India’s burgeoning tech ecosystem.
Strategically, Yali Capital’s fund targets both early-stage (Seed, Series A) and later-stage (Series D and beyond) startups. Its diverse roster of Limited Partners (LPs) includes prominent corporations such as Infosys, Qualcomm Ventures, and Tata AIG, alongside government-backed organizations like the DPIIT Fund of Funds for Startups and the Self-Reliant India Fund. With heavyweight backers like Kris Gopalakrishnan (Infosys co-founder), Gopal Srinivasan (TVS Capital), and Utpal Sheth (RARE Enterprises), Yali Capital ensures robust strategic support. The firm’s dual structure—a SEBI-registered Alternative Investment Fund (AIF) and a GIFT City-based feeder vehicle—enables global investor participation, guided by tech luminary Lip-Bu Tan and managing partner Ganapathy Subramaniam.
Already, Yali Capital has invested in five breakthrough startups, including C2I Semiconductor, 4baseCare, and Perceptyne, focusing on chip design and AI. By devoting two-thirds of its fund to early-stage companies, Yali Capital underscores its commitment to nurturing next-generation Indian deeptech founders. This fundraising success aligns with a nationwide trend of surging investments in advanced technology and positions Yali Capital at the forefront of India’s drive toward self-reliance and global tech leadership.
- Gramik, a Lucknow-based agritech startup, has secured INR 17 crore in a bridge funding round ahead of its upcoming INR 56 crore Series A raise.
- The funding round included investments via Optionally Convertible Debentures (OCDs) and Compulsorily Convertible Debentures (CCDs).
- Key investors include Sammaan Global Ventures, Money Creeper Investment, and prominent angels such as Balram Yadav (MD & CEO, Godrej Agrovet), Gev Aryaton, Irfan Alam, Nikhil Bhagat, and Salvia Siddiqui.
Gramik’s Unique Peer Commerce Model
- Founded in 2021 by Raj Yadav, Gramik empowers over 120 million small and marginal farmers in India through a technology-driven rural commerce platform.
- The startup operates a dual-channel distribution network using Village-Level Entrepreneurs (VLEs) and rural retailers to deliver high-quality agri-inputs to remote areas.
- Gramik’s full-stack platform offers demand aggregation, logistics, embedded credit, and agronomy services, ensuring last-mile delivery and support for farmers.
Expansion Plans and Future Growth
- Gramik currently operates in 12 districts, with 1,200+ active VLEs and 250+ rural retail partners, and plans to expand to 3,000 VLEs and reach 1 million+ farmers across Uttar Pradesh, Maharashtra, and Jammu.
- The new funds will be used to expand Gramik’s private-label products, enhance agronomy-led farmer engagement, and scale operations in key states.
- With a strong focus on supply chain efficiency, technology, and farmer advisory services, Gramik aims to become a leader in India’s $50 billion agri-input and rural commerce market.
- Backed by previous seed funding of over INR 25 crore, Gramik is set to drive innovation and inclusive growth for rural communities.
Apple MacBook Air M5 Launched: M5 Chip, 22-Hour Battery in India
₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide
30jili
April 12, 2026 at 1:08 am
whoah this blog is excellent i really like studying your articles. Keep up the good work! You recognize, lots of people are searching around for this info, you could aid them greatly.
Bet365
April 12, 2026 at 11:45 am
https://bet365-bet.com.co/
Bet365 en Colombia posee la autorizacion de Coljuegos para operar legalmente en el pais, brindando un casino en linea confiable que cuenta con una extensa gama de ruedas de la fortuna virtuales, opciones de mesa como blackjack o ruleta y distintas actividades de azar, todo sustentado por el historial global del operador de apuestas fundada en el Reino Unido en 2000.
30jili
April 14, 2026 at 9:50 am
Hi! I’ve been reading your web site for some time now and finally got the bravery to go ahead and give you a shout out from New Caney Tx! Just wanted to mention keep up the excellent work!
BwinBet
April 14, 2026 at 10:52 am
https://bwin-bet.com.co/
Bwin Bet es un casino en linea y plataforma de apuestas deportivas con presencia en Colombia desde 2026 , bajo la autorizacion otorgada por Coljuegos , asegurando asi un ambiente legitimo y confiable para los jugadores .
vipph
April 14, 2026 at 1:22 pm
This post is invaluable. When can I find out more?
jilievo
April 15, 2026 at 2:25 am
Hi there! This post could not be written any better! Reading through this post reminds me of my old room mate! He always kept chatting about this. I will forward this page to him. Pretty sure he will have a good read. Many thanks for sharing!
phoenix game
April 15, 2026 at 2:05 pm
What’s up, the whole thing is going well here and ofcourse every one is sharing facts, that’s actually excellent, keep up writing.
win88
April 16, 2026 at 12:57 am
I blog frequently and I seriously appreciate your content. Your article has really peaked my interest. I will take a note of your blog and keep checking for new information about once per week. I subscribed to your RSS feed as well.
moverbet
April 16, 2026 at 6:39 am
I loved as much as you will receive carried out right here. The sketch is attractive, your authored material stylish. nonetheless, you command get got an nervousness over that you wish be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly very often inside case you shield this increase.
doce
April 16, 2026 at 9:59 am
Hello my loved one! I want to say that this post is amazing, great written and include approximately all vital infos. I would like to see more posts like this .