Xflow, Basil, HireBound, optoML, others raise funding
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Xflow, Basil, HireBound, optoML, others raise funding

By Malvika Maloo

  • 24 Feb 2026
Xflow, Basil, HireBound, optoML, others raise funding

 

B2B cross-border payments platform Xflow, kids-first essentials brand Basil, AI recruiting platform HireBound, fabless semiconductor startup optoML, among other startups, have secured funding in separate rounds. 

Xflow

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Xflow, a business-to-business cross-border payments platform, has secured $16.6 million (Rs 150 crore) in a Series A funding round led by General Catalyst. The round also saw participation from Square Peg, Stripe, Lightspeed Venture Partners, Moore Capital, and PayPal Ventures, valuing the company at $85 million.

The company, founded by Anand Balaji, Ashwin Bhatnagar and Abhijit Chandrasekaran, enables global money movement through solutions that support seamless international transactions, efficient currency conversion, instant settlements, and regulatory compliance.

The company said it will use the capital to scale into new geographies. 

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Basil

Basil, a premium kids-first essentials brand, has bagged $2 million in a pre-Series A round led by Prime Venture Partners. Existing investors Appreciate Capital and IIMA Ventures also participated. 

Founded by Mahesh Muraleedharan and Harini Rajagopalan, Basil is a multi-category kids essential platform offering products such as bento lunch boxes and insulated meal jars. 

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Basil said it will use the capital for its next phase of growth as it expands into new product categories such as bags and water bottles. It will also strengthen its supply chain, bolster the leadership and product teams, and invest in brand-building initiatives. 

Basil is targeting Rs 100 crore in annual recurring revenue (ARR) by FY27. 

HireBound

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HireBound, an AI recruiting platform, has raised $2 million in a seed round led by Kalaari Capital. The round also saw participation from Antler, Infinyte Club, and CareerNet. 

HireBound said it plans to use the fresh capital to accelerate product innovation, expand its go-to-market operations, and scale globally as it targets a fivefold increase in ARR over the next 12-18 months. 

Founded in 2024 by Sharad Vij and Kumar Vikramaditya, the startup is a conversational AI recruiting platform that automates end-to-end candidate engagement, from sourcing and screening to evaluation and scheduling.

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optoML

optoML, a fabless semiconductor startup, has secured $1.8 million in a pre-Series A round led by deep-tech investors Bluehill VC and A99.

The company said it will use the funds to scale up hiring and start work on next-generation chips.

Headquartered in Singapore with an R&D center in Bengaluru, the startup develops scalable analog-in-memory compute with optical interconnects, offering higher energy efficiency than traditional digital accelerators. 

Kris@Work

Kris@Work, an AI-native go-to-market (GTM) execution platform for enterprise revenue teams, has raised $3 million in seed funding led by Infoedge Ventures.  

JN Capital & Growth Advisory, Singapore, and several angel investors also participated in the round. 

The startup, founded in 2024, is a work companion for enterprise teams, embedding into daily workflows to guide GTM execution, reduce context switching, and automate routine tasks at scale.

Enerzi, Misochain, Quintrans

Manufacturing-focused venture capital fund Capital A and deep-tech accelerator SanchiConnect have jointly invested in three startups, Enerzi, Misochain, and Quintrans, through their MaXcel platform.

MaXcel is a joint accelerator programme focused on companies building in manufacturing and hardware-tech. It intends to fast-track startup and MSME growth with funding of Rs 3-4 crore along with tailored go-to-market support.

Enerzi, focused on clean hydrogen systems, is building microwave plasma-based methane-to-hydrogen conversion systems to enable lower-emission hydrogen production while generating engineered carbon co-products for industrial use.

Misochain is developing indigenous flight-critical aerospace components, supported by in-house testing and certification capabilities. 

Quintrans is developing electromagnetic linear motion systems designed to enhance performance, precision and reliability in industrial automation and robotics. 

Indus

Indus, a fintech startup enabling investors from New Zealand to access Indian markets, has received an undisclosed amount as part of its seed round led by Rainmatter by Zerodha.

“We are now focused on taking Indus to the world and we could not have asked for better partners to help us get there,” Indus’ founder and chief executive officer said in a LinkedIn post. 

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