H2LooP (Hardware & Human in the LooP), a platform focussed on accelerating system software development for hardware, agentic AI firm Xccelera, embedded credit infrastructure platform GLAAS, food brand KisaanSay, boAt co-founder Aman Gupta’s OFF/BEAT, among other startups, have secured early-stage funding.
Meanwhile, One Hand Clap, a creative agency and production house backed by Zerodha co-founder Nikhil Kamath, has acquired seeding and distribution firm Agenseed.
H2LooP has pocketed $2 million (Rs 18.6 crore) in a seed funding round led by Speciale Invest and 3one4 Capital.
The company will use the capital to strengthen its core AI-native platform, drive large-scale enterprise deployments, and expand into high-complexity sectors such as data centers, UAVs, and robotics, where system reliability, real-time performance, and data control are critical.
Founded by Sairanjan Mishra and Pulkit Agrawal, H2LooP is building AI-native tools to speed up system software development for hardware, addressing the gap between advancements in chips and intelligent systems and comparatively slower progress in software layers.
Xccelera has secured Rs 1.2 crore ($0.1 million) from a group of founders, including Ramakant Sharma of Livspace, Asad Khan of TestMu AI, and Amiya Pathak of Zipdial.
The company develops reusable core AI agents, multi-agent outcome-driven systems, and autonomous workflows, enabling continuous execution, measurable RoI, and scalable reuse.
It will use the new capital to build a “services-as-software” platform powered by agentic AI, designed to automate enterprise workflows that have traditionally relied on large IT services teams.
OFF/BEAT, a new venture by boAt co-founder Aman Gupta, has raised Rs 100 crore in a seed funding round led by Bessemer Venture Partners.
“Having built from scratch before, I know what capital can do and what it cannot. This time, I was looking for partners with a global perspective who can help me leverage technology and AI because that’s where the future lies,” said Gupta.
While the company did not disclose details of its business, its LinkedIn description suggests a likely focus on manufacturing.
“We back founders who see around corners. Aman (Gupta) saw how a new India would come to think about aspiration, identity, and quality, and built boAt as proof. He is now applying that same instinct to a market being reshaped by AI and by a generation with entirely new expectations. That is exactly the intersection Bessemer exists to back,” said Anant Vidur Puri, partner at Bessemer Venture Partners.
Gromor Lending As A Service (GLAAS), an embedded credit infrastructure platform for small and medium enterprises, has raised $5 million. The round also marks the entry of Devesh Sachdev, who previously founded non-banking microfinance institution Fusion Finance Ltd.
Sachdev, who scaled Fusion from a startup to an IPO, will join GLAAS as co-founder and managing director.
The company, set up in a 2021 by Bhupesh Morye, Santosh Shetty, Shailesh Dixit and Sanjeev Kumar, offers a first-of-its-kind embedded credit infrastructure that enables digital ecosystems to offer seamless, real-time working capital solutions to MSMEs. The platform claims to have disbursed more than Rs 1,200 crore in loans to date.
The new capital will help GLAAS strengthen the balance sheet of its inhouse NBFC, Gromor Finance, expand its co-lending partner ecosystem, and scale its presence across high-growth digital platforms.
KisaanSay, a direct-from-origin food brand, has raised Rs 34 crore in a Series A funding round led by NABVENTURES through the AgriSURE Fund (Agri Fund for Startups & Rural Enterprises). The round also saw participation from senior industry leaders.
The capital will be used to scale KisaanSay’s distribution, marketing and brand-building efforts, strengthen the team, build a scalable organization, and deploy a full-stack technology infrastructure.
The brand, founded in 2022 by Nitin Puri, Vaishali Mehta and Manoj Karki, offers a range of authentic, single-origin food products such as dry fruits, rice, ghee, oil, pulses among others. It operates via a co-brand/co-profit partnership model with farmer enterprises, with over 50% of consumer spending on each pack going directly to farmers.
ECOIL
ECOIL, a platform for the organized collection and responsible disposal of used cooking oil (UCO), has secured $2.5 million in a Series A funding round led by Fundalogical Ventures.
The round also saw participation from Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels.
Right Pillar Advisors acted as the exclusive financial advisor to the transaction.
The company will use the capital to scale operations, strengthen its technology platform, and expand footprint across key markets in India.
The company, founded in 2019 by Sushil Vaishnav and Kirti Vaishnav, is building a scalable circular economy network for used cooking oil in India, enabling restaurants, hotels, and food businesses to safely dispose off UCO, ensuring it is channeled towards sustainable biofuel and aviation fuel production instead of re-entering the food chain.
Helium Smart Air
Helium Smart Air, a residential air conditioning brand, has raised $2 million in a seed funding round from India Quotient.
The company, founded by IIT Kanpur alumni Ashish Sharma and Aman Munka, offers functional, smart and efficient cooling solutions. Its first product Helium Air is built for areas up to 100 square feet, consumes significantly lower energy, and is engineered to run on even 1 kW solar panels.
The company will use the capital to scale product development, invest in R&D, expand distribution and accelerate its mission of democratizing access to air conditioning in India.
WorkOnGrid
WorkOnGrid, an AI-native operations intelligence platform for utilities, has raised Rs 22.5 crore in a funding round led by Transition VC.
Indian Angel Network (IAN) also participated in the round.
The company will use the capital to scale its go-to-market efforts, strengthen its AI and machine learning capabilities, and build international infrastructure.
Bengaluru-based WorkOnGrid, founded in 2017, is building a unified data intelligence layer for utilities across power, water, and gas sectors, and enables real-time data integration, predictive analytics, and workflow automation to help utilities improve efficiency, reliability, and decision-making.
One Hand Clap acquires Agenseed
One Hand Clap, backed by Zerodha co-founder Nikhil Kamath, has bought seeding and distribution firm Agenseed.
The acquisition marks One Hand Clap’s entry into the distribution segment as it looks to expand its role in the marketing value chain and unlock new growth with a long-term goal to become a full-stack creative and distribution company.
Agenseed, led by founders Monish Hardasani and Akram Malik, will operate as the agency’s dedicated distribution arm. One Hand Clap expects the vertical to contribute up to 15% of its overall revenue over the next 12-18 months.