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Ikin Global Raises $2 Million Pre-Series A2 Funding to Expand IoT Smart Lock Business Across Global Markets

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Ikin Global Founder

Mumbai, India: IoT-enabled smart lock startup Ikin Global has secured $2 million in a Pre-Series A2 funding round, strengthening its plans to expand internationally and accelerate innovation in logistics security technology. The funding round was led by Unicorn India Ventures, with participation from Callapina Capital and AWE Funds. The fresh capital will support the company’s … Read more

91trucks Restructures Business, Reduces Workforce and Shuts Stores Amid Commercial Vehicle Market Slowdown

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Cofounders of 91 Trucks: (L-R) Vikas Sharma, Abhishek Gautam and Siddharth Sharma.

As per media reports, commercial vehicle marketplace startup 91trucks has undertaken a significant restructuring exercise, reducing its workforce and scaling back its offline retail operations as it adjusts to changing market conditions in India’s commercial vehicle sector. The company confirmed that it has implemented organizational changes and is sharpening its focus on key growth markets, … Read more

Logistics Startup Hexalog Raises $4 Million in Seed Funding to Scale Global Operations

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Hexalog

Gurugram, January 14, 2026 — Hexalog, an AI-driven cross-border supply chain orchestration company, has raised $4 million in a seed funding round led by ENRISSION INDIA CAPITAL, with participation from Mount Judi Ventures, Action Tesa Family Office, Rohan Bajaj’s Syndicate, Nandan Growth Fund, and angel investors including Saurabh Deep Singla, Sumit Jalan, Amit Tyagi, and … Read more