Bacancy Systems, Sign3, Skillsvest, others raise early-stage funding
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Bacancy Systems, Sign3, Skillsvest, others raise early-stage funding

By Aman Rawat

  • 30 Mar 2026
Bacancy Systems, Sign3, Skillsvest, others raise early-stage funding
Bacancy Systems’ leadership team

Embedded electronics company Bacancy Systems, fraud intelligence startup Sign3, fintech platform Skillsvest, agritech startup Cropcoin Technologies, manufacturing software firm Cognaize Systems, among other startups, have raised early-stage funding.

Gujarat-based embedded electronics and power systems company Bacancy Systems has raised Rs 40 crore ($4.2 million) in a Series A funding round led by Sabre Partners and Greenstone Capital. 

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The investors acquired minority stakes through primary investments, marking the company’s first institutional fundraise as it looks to scale in the electric vehicle and railway electronics segments.

Founded in 2021, Bacancy develops power electronics and control systems for EV OEMs and charging infrastructure players, with a focus on DC charger controllers. It is also expanding into railway electronics, building solutions such as train control and management systems, traction control systems, and remote monitoring platforms aimed at improving efficiency and reliability in rail operations.

It plans to use the fresh capital to expand manufacturing capabilities, accelerate product development, strengthen R&D, and support international expansion. 

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Cedar Hill Capital has led a $1.5 million (Rs 14.2 crore) funding round in Gurugram-based fraud intelligence startup Sign3, marking its third investment and second in AI-led enterprise technology. The round also saw participation from existing investor Smile Group, along with backing from founders and operators, including Rajesh Sawhney, Dinesh Agarwal, Anup Agarwal and Vinay Bagri.

Founded in 2022, Sign3 runs an AI-native platform that enables real-time fraud detection and risk assessment for financial institutions and marketplaces. Its technology combines device intelligence, behavioural biometrics and alternative data signals to generate predictive risk insights. The company says it is already working with over 20 banks, fintech firms and marketplaces to detect money mule accounts, uncover fraud patterns and flag high-risk borrowers.

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The fresh capital will be used to enhance product capabilities, strengthen AI models, expand go-to-market efforts and scale its engineering and analytics teams. 

Agritech startup Cropcoin Technologies, which operates under the brand Pehle Jaisa, has raised Rs 12 crore in a pre-Series A round led by Unicorn India Ventures, with participation from Climate Angels and a-IDEA, a technology business incubator of ICAR-NAARM.

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The company plans to use the funds to expand geographically, invest in product development, and build infrastructure to scale operations with a target of reaching Rs 100 crore in annual recurring revenue over the next two years.

Founded in 2022, Cropcoin focuses on converting agricultural and animal waste into organic fertilizers and bio-stimulants through a decentralized processing model. The startup says it has grown its farmer network from 20,000 to over 70,000 across Bihar, Jharkhand and Manipur in the past year, while tripling its revenues and reaching an annual run rate of about Rs 10 crore. Its products aim to improve soil health, reduce dependence on chemical inputs and lower costs for farmers.

The company plans to scale its presence from 10 districts to all 66 districts in Bihar and Jharkhand over the next 12-18 months, while expanding further in the northeast. 

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Skillsvest

Skillsvest, a fintech platform focussed on education financing, has raised Rs 5.5 crore in a pre-seed round comprising a mix of equity and debt. The round saw participation from Plug and Play Ventures and angel investors, including Sascha Mornell, along with a debt syndicate of smaller investors. 

The company aims to use the funds to expand student financing, strengthen regulatory readiness, and build partnerships as it targets Indian students pursuing master’s programmes abroad.

Founded by Sreemaan Thiruppathiraja and Deborah Schermann, Skillsvest offers a “pay only if you earn” model, where repayments begin only after a student crosses a defined income threshold. 

The platform targets students from middle-income backgrounds who face challenges accessing traditional education loans, offering financing without collateral or co-signers. It currently supports tuition and living expenses, with ticket sizes ranging from $5,000 to $20,000 across key markets such as the US, the UK, and Europe.

The company has so far deployed over Rs 1.2 crore, built a waitlist of more than 3,000 students, and partnered with over 4,500 college counsellors across India. It plans to support 50-100 students over the next 12-18 months, while expanding its network of recruiters and mentors to improve post-education outcomes, as demand grows for alternative financing models aligned with income potential.

Chennai-based Cognaize Systems, a manufacturing intelligence software startup, has raised an undisclosed amount in a seed funding round from a group of high-net-worth individuals. The company plans to use the capital to accelerate product development, expand its presence across industrial manufacturing sectors in India, and strengthen its global go-to-market efforts, particularly in the Middle East and North America.

Founded in 2024, Cognaize Systems develops AI-powered engineering intelligence software that helps manufacturers improve decision-making across design, costing, and production. Its platform spans design intelligence, manufacturing intelligence, and factory operations, enabling automated drawing reviews, cost estimation, and real-time production monitoring.

The company said it is currently working with over 20 customers across pilots, implementations, and commercial deployments, including automotive component makers and industrial suppliers.

Cognaize aims to address inefficiencies in manufacturing by embedding engineering knowledge into software systems, allowing companies to detect design issues early, reduce costs, and speed up production cycles. The transaction was advised by Panini Advisors, with legal counsel provided by RGM Legal.

Kuku TV

Former India cricket captain MS Dhoni has invested in AI-driven storytelling platform Kuku and joined its short-form video app, Kuku TV, as a brand ambassador. The company, which operates a suite of apps, including Kuku FM and Guru, focuses on AI-led content across microdramas, audio series, and edutainment.

Founded in 2018, Kuku has scaled to over 350 million installs across its platforms and offers more than 20,000 titles in multiple languages. Its microdrama platform Kuku TV alone has crossed 180 million downloads, with several shows garnering over 100 million views. 

The company has also expanded into theatrical content and recently launched AI-powered storytelling formats across genres such as mytho-fantasy and futuristic fiction. Backed by investors such as Fundamentum, Krafton, Vertex Ventures and IFC, the company aims to strengthen its position as a global, AI-native storytelling platform.

Epik

Bengaluru-based quick commerce startup Epik has raised $1 million in its pre-seed funding round led by InfoEdge Ventures, with participation from several angel investors. 

The company plans to use the funds to build its fulfillment infrastructure, expand product catalogue, and strengthen its network of trained demo experts across cities. 

Epik, which was launched in October 2025, is currently operational in Bengaluru and claims to have scaled nearly 20x since launch with no product returns.

Founded by Gotama Gowda, Varun Chopra and Harsha Reddy, Epik offers a “try and buy” model for consumer electronics and home appliances, delivering products along with in-home demonstrations within 60 minutes. 

The startup aims to address trust issues in India’s $90 billion electronics market, where high-value online purchases often face return rates of 15-25% due to a lack of physical product experience. 

Indifi Technologies

BlackSoil Capital has provided Rs 40 crore in debt financing to digital lending platform Indifi Technologies to support its expansion in providing credit to small and medium enterprises. 

The investment aligns with BlackSoil’s strategy of backing high-growth businesses addressing gaps in MSME financing, particularly as demand for alternative credit solutions continues to rise.

Founded in 2015, Indifi uses data and technology to assess creditworthiness and offer customized loans to SMEs across sectors such as travel, hospitality, retail and e-commerce. 

The platform has disbursed over 150,000 loans across more than 400 cities and works with over 80 lending institutions. It reported revenue of Rs 378 crore in FY25, up 22% year-on-year, and plans to use the fresh capital to strengthen its lending capabilities and expand its reach among underserved businesses.

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