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Hospitality professional Abhijit Dey launches Starline Hospitality to drive growth in India’s hotel sector

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Abhijit Dey, Founder, Starline Hospitality

Hospitality professional Abhijit Dey has launched Starline Hospitality, a Mumbai-based hotel operating company focused on enhancing operational performance, revenue management, and brand standards. With over 15 years of experience across leading hotel groups in India, Dey has now stepped into entrepreneurship, aiming to drive growth across both owned and franchised hotel assets in the evolving hospitality sector.

At the same time, Starline Hospitality is positioning itself to address changing industry expectations by offering end-to-end hotel management solutions. The company is actively working to improve sales performance while ensuring consistency in guest experience and asset quality. Moreover, it combines traditional Indian hospitality practices with structured service standards and streamlined operational processes to deliver measurable outcomes.

In addition, the company follows a dual operational strategy across owned and franchised properties. For owned assets, Starline takes full responsibility for profit and loss while also managing operations, sales, and capital planning. On the other hand, for franchised hotels, it focuses on maintaining brand standards, representing owners, and optimising fee structures. As a result, this model will enhance asset performance and maximise returns for hotel owners.

Furthermore, Starline Hospitality has implemented a performance-driven framework that targets annual growth through improvements in RevPAR (Revenue Per Available Room) and gross operating profit. It also standardises operations across franchised properties and leverages its internal Quality Index (SQI) for owned hotels. Alongside this, the company incorporates cost optimisation strategies such as centralised procurement, workforce planning, and energy efficiency to strengthen overall operational efficiency.

This strategic approach draws significantly from Dey’s extensive experience with hospitality brands such as Stone Wood Hotels and Resorts, Great Value Hospitality, VITS Kamats Hotels, Cambay Hotels & Resorts, and K Raheja Hotels. His background spans key functions including sales, business development, hotel operations, and asset management, thereby providing a strong foundation for this new venture.

Commenting on the launch, Abhijit Dey said, “Starline Hospitality has been established with a focus on consistent performance and guest engagement. Our work with investors, travel partners, and corporate clients is centered on delivering value through structured operations and long-term growth.”

Meanwhile, technology plays a critical role in Starline’s growth strategy. The company deploys advanced tools for guest personalisation and revenue optimisation, including the NORTH STAR Model. These systems enhance the entire guest journey—from booking to check-out—while simultaneously unlocking new revenue opportunities for hotel partners.

Additionally, Starline Hospitality is integrating sustainability into its long-term vision. The company plans to guide its premium properties toward LEED Platinum certification while also pursuing carbon reduction goals under its ‘Responsible Luxury’ framework, thereby aligning with global sustainability standards in the hospitality industry.

Beyond operations, the company is also focusing on curating guest-centric experiences across dining, cultural engagement, and lifestyle programming. This approach aims to strengthen property positioning in competitive markets while enhancing overall guest satisfaction.

Equally important, Starline places strong emphasis on people development. The company is investing in training programmes, continuous learning, and employee engagement initiatives to ensure consistent service delivery and operational excellence across its portfolio.

Starline Hospitality’s launch reflects a broader shift in the Indian hospitality industry toward performance-driven, tech-enabled, and sustainability-focused hotel management models.

JLL ranks #118 in Fortune India MNC 500 for 2026, strengthens real estate market leadership

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Radha Dhir, Chief Executive Officer, India, JLL

JLL, the largest international real estate consulting firm in India, secured the #118 position in Fortune India MNC 500 for 2026. Notably, this marks the second consecutive year the company has been featured, while it continues to maintain its leadership in the ‘Professional Services – Real Estate Consultant’ category.

The Fortune India MNC 500 list ranks companies based on revenue; therefore, JLL’s position highlights its strong market presence and consistent performance. As a result, the company continues to reinforce its reputation as a trusted partner for businesses seeking expert real estate solutions in India’s evolving and competitive market.

Radha Dhir, Chief Executive Officer, India, JLL, expressed pride in this recognition and attributed the milestone to the dedication and hard work of the team. She emphasized, “India has always been a key focus area for JLL’s growth, and we are excited to continue leading the way in such a dynamic market.”

Furthermore, Dhir outlined the company’s forward-looking strategy, stating, “Our ‘Accelerate 2030’ strategy will help us strengthen our position and push the boundaries of what’s possible in real estate.”

Overall, this achievement underscores JLL’s pivotal role in helping clients navigate India’s complex real estate landscape while shaping the future of the sector. As India continues to emerge as a major hub in the global commercial real estate market, JLL remains committed to driving value, fostering innovation, and setting new benchmarks for excellence.

AI startup Nava secures $22M funding to expand GPU cloud and data centre infrastructure

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Abhinav Sinha, Vamshidhar Reddy, and Abhijeet Singh, co-founders, Nava

Artificial intelligence (AI) startup Nava, formerly Kluisz, has secured $22 million in a fresh funding round led by Greenoaks Capital, with participation from RTP Global and Unicorn India Ventures. With this investment, the company is accelerating its pivot toward building a full-stack AI cloud infrastructure platform across the Asia-Pacific region, positioning itself in the rapidly growing AI infrastructure market.

Founded in 2025 by former OYO global chief operating officer Abhinav Sinha, ex-McKinsey partner Vamshidhar Reddy, and former Jio cloud executive Abhijeet Singh, Nava is actively expanding beyond its earlier software-led GPU cloud offering. Instead, it is adopting a vertically integrated approach that combines AI-optimised data centres, high-performance GPU compute, and AI-native orchestration and inferencing layers to deliver end-to-end infrastructure solutions.

“This is an important phase for us. We started as a software-first GPU cloud company but are now building a full-stack neo-cloud platform,” Sinha said, adding that the rebrand reflects the company’s expanded vision and ambition.

Moreover, Nava plans to deploy the newly raised capital to strengthen its GPU compute capabilities and scale its AI data centre infrastructure. At the same time, the company will invest significantly in talent acquisition across AI infrastructure domains, including data centre design, GPU engineering, and go-to-market functions. As part of this expansion strategy, Nava is actively hiring across India and Southeast Asia, particularly in Singapore, where data centre ecosystems are more mature.

Meanwhile, the company is targeting enterprises that are developing AI models and applications by offering flexible infrastructure solutions such as GPU-as-a-service and bare-metal compute. “Anyone building at the model or application layer in AI is a potential customer,” Sinha said. Currently, Nava is also engaged in advanced discussions to roll out its next-generation GPU-AI infrastructure offerings.

Industry data further highlights the scale of opportunity. According to the Council on Energy, Environment, and Water and CBRE, India’s installed data centre capacity reached around 1.5 GW in 2025; however, the sector remains in the early stages of a potential fourfold expansion. In comparison, the US data centre market projects to reach approximately 76 GW in total power demand in 2026, underscoring the global surge in AI-driven infrastructure demand.

Additionally, Sinha noted that global supply chain constraints and geopolitical shifts are opening up new opportunities for emerging infrastructure players. “While the business is capital-intensive, Nava is betting on a combination of software-led differentiation and strong investor backing to scale.”

Earlier, the company raised $9.6 million in a funding round led by RTP Global. Notably, Nava has established Singapore as its regional headquarters while continuing to maintain a strong execution base in India, enabling it to balance innovation with operational efficiency.

Commenting on the development, Madhur Makkar, principal at RTP Global, said, “In under a year, this team has demonstrated exceptional execution and is strongly positioned to address the growing need for purpose-built AI infrastructure across Asia.”

Similarly, Bhaskar Majumdar, managing partner at Unicorn India Ventures, added that AI-led compute demand is driving a structural shift and making data centres a critical component of the technology value chain. “As a deep tech investor, we back companies across the AI value chain, and Nava fits well within this strategy.”

Ultimately, Nava’s transition into a full-stack AI cloud platform reflects a broader industry evolution where integrated, scalable, and AI-native infrastructure is becoming essential. As demand for AI compute continues to rise across enterprises, the company aims to capitalise on this momentum and expand its footprint across Asia-Pacific.

Permira enters India with $100 Million investment in SILA, bets on real estate services boom

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Rushabh and Sahil Vora, Founders, SILA

London-headquartered investment firm Permira has entered India with its maiden investment of $100 million (over Rs 925 crore) in business services and real estate platform SILA, highlighting the growing investor interest in property-linked services in the country. As part of the deal, Permira has acquired a 40% stake in SILA, valuing the company at $250 million (over Rs 2,300 crore).

Notably, the transaction includes a 36% stake divestment by existing investor Norwest Venture Partners, while angel investors have sold the remaining 4%. However, Norwest will continue to hold a significant minority stake, reinforcing its long-term commitment to the company. Since 2019, Norwest has invested a total of $54 million in SILA across multiple funding rounds and is now partially exiting its earlier investments with strong returns.

“India is creating a new generation of globally relevant, tech-enabled services companies, and SILA is among the most compelling we’ve seen. We look forward to bringing our global pattern recognition, internal operator bench, and international networks to this next chapter,” said Dipan Patel, co-Managing Partner and co-CEO at Permira.

Meanwhile, Shiv Chaudhary, MD, Norwest India, continued to have confidence in the company’s growth trajectory. “SILA continues to innovate across service offerings. Norwest believes the journey for SILA is just beginning and will continue its partnership with SILA and Permira with a meaningful minority position,” he said.

Importantly, Permira will deploy the investment through its advised funds to strengthen SILA’s technology capabilities, expand adjacent service lines, and accelerate its pan-India growth strategy.

“We are partnering with Permira, which brings deep expertise in business services, as we enter our next phase of growth. Our focus is on using technology to drive efficiency, transparency, and service quality at scale across India’s built environment, a strategy that will shape the next phase of growth,” said SILA founders Rushabh Vora and Sahil Vora.

For Permira, which advises funds with €89 billion in committed capital globally, this transaction represents a strategic bet on India’s rapidly scaling services ecosystem. In particular, the firm is targeting sectors where technology integration, operational efficiency, and platform-led models are emerging as key differentiators.

Operationally, SILA runs an integrated platform spanning facility management, material handling equipment leasing, food catering, and real estate advisory. The company currently operates in over 125 cities, manages more than 450 million sq ft of real estate, and employs a workforce of over 60,000.

Furthermore, this deal reflects a broader structural shift in India’s real estate ecosystem. As institutional ownership rises across office, logistics, residential, and retail assets, demand for organized, technology-driven services continues to grow. Consequently, platforms like SILA are gaining strong traction.

Industry experts believe this segment offers a multi-decade growth opportunity, supported by expanding commercial office portfolios, rapid growth in warehousing and industrial assets, and the ongoing formalisation of property management services.

Additionally, Permira’s global investment portfolio includes companies such as Hugo Boss, Valentino, Zendesk, McAfee, and Informatica, among others, showcasing its diversified investment strategy.

Permira’s entry into India through SILA marks a significant milestone in the country’s evolving real estate services landscape. As demand for tech-enabled, integrated service platforms rises, this investment positions SILA to scale operations, enhance capabilities, and capitalise on long-term growth opportunities in India’s built environment.

Startup Policy Forum partners with Fintech Premier League to boost ecosystem collaboration

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Shweta Rajpal Kohli, Founder & CEO, Startup Policy Forum

Startup Policy Forum (SPF), a leading startup advocacy and membership body in India, has announced a strategic partnership with the Fintech Premier League (FPL), a cricket tournament that is rapidly emerging as a flagship tradition within India’s fintech ecosystem.

Originally conceptualised by Signzy, the inaugural edition of FPL delivered strong community engagement by bringing fintech professionals together beyond formal business settings and onto the cricket field. Notably, 32 fintech companies participated in the first edition, including Razorpay, PayU, CRED, PhonePe, Zerodha, and Paisabazaar.

Furthermore, the tournament featured over 86 matches and saw participation from more than 100 CXOs and senior leaders. As a result, Zerodha emerged as the national winner, marking a significant milestone for the fintech community.

“The first edition of FPL showed us something we always believed: that the fintech ecosystem is more than a professional community; it is a family. When you have 32 companies, 100+ senior leaders, and 86 matches — and the energy only gets better with every game — you know you’ve built something real. Bringing SPF on board as a partner for the 2nd edition is a tremendous boost. SPF’s reach, its convening power, and its deep relationships across the ecosystem mean that FPL can now truly become an industry-wide initiative. We couldn’t think of a better partner to help us take FPL to the next level,” Arpit Ratan, Co-founder, Signzy said.

Meanwhile, Shweta Rajpal Kohli, Founder & CEO, Startup Policy Forum emphasised the alignment between SPF’s mission and the initiative. “SPF exists to bring India’s startup community closer across policy, partnerships, and community. Ecosystems are built in the moments of connection between people building together. The Fintech Premier League embodies that spirit perfectly. Nothing creates bonds quite like the game of cricket does. Partnering with FPL for its second edition is a natural fit given our mission of community building. We want to make it bigger, bolder, and more inclusive. A true celebration of making the ecosystem stronger.”

Additionally, the announcement took place on the sidelines of the Fintech Baithak, SPF’s closed-door engagement platform that brings together fintech founders and senior government stakeholders to drive meaningful policy discussions.

The SPF–FPL partnership highlights the growing importance of community-driven initiatives within India’s fintech ecosystem. By combining industry participation with cultural engagement, the collaboration aims to scale FPL into a larger, more inclusive platform that strengthens relationships and fosters deeper collaboration across the sector.

Insillion partners with Profinch to deliver AI-powered insurance tech solutions

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Insillion, a provider of insurance technology solutions for carriers and MGAs, has entered into a strategic partnership with Profinch, a global BFSI technology leader and implementation partner for Oracle Insurance Policy Administration. Through this collaboration, the companies aim to deliver an integrated solution that combines Insillion’s insurance platform with Oracle’s advanced policy administration capabilities.

Moreover, the partnership leverages Profinch’s expertise in OIPA implementation and system integration, enabling insurers to achieve core modernization while incorporating AI-powered functionalities. As a result, carriers can enhance operational efficiency and accelerate digital transformation.

Currently, Insillion serves more than 45 carriers and MGAs globally and is known for its product builder, distribution APIs, AI-driven workflows, and middleware that supports rapid product launches. At the same time, Oracle’s policy administration system offers a comprehensive, rules-based framework that manages the entire policy lifecycle. Additionally, Profinch operates in over 60 countries and brings deep domain expertise, ensuring seamless integration with existing systems while helping insurers reduce total cost of ownership (TCO).

Importantly, this partnership addresses a major industry challenge—managing multiple systems, integrations, and vendors. Therefore, it enables both greenfield and established carriers to modernize legacy infrastructure, speed up product deployment, and introduce AI-driven capabilities without replacing their existing core systems.

“Carriers need to innovate without disrupting their core operations. This partnership makes that possible,” said Mahavir, co-founder of Insillion. “By connecting Insillion’s APIs and AI features with OIPA through Profinch’s implementation, we give carriers a faster way to launch insurance products.”

Furthermore, Arun Mallavarapu highlighted the strategic value of the collaboration. “Our clients want the reliability of Oracle’s policy administration combined with robust, front-end capabilities,” he said. “By combining Insillion’s API-led capabilities with OIPA and Profinch’s accelerator-led implementation, we enable insurers to innovate while maintaining core system stability.”

The Insillion–Profinch partnership represents a significant step toward simplifying insurance technology ecosystems. By integrating AI-driven platforms with proven policy administration systems, the collaboration empowers insurers to innovate faster, reduce complexity, and remain competitive in an increasingly digital-first market.

Exotel acqui-hires Dubverse team to strengthen AI and voice intelligence capabilities

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Anuja Dhawan and Varshul Gupta, co-founders, Dubverse

Cloud telephony firm Exotel has acqui-hired the core team of voice AI startup Dubverse, including cofounders Anuja Dhawan and Varshul Gupta, as it strengthens its capabilities in conversational AI, voice intelligence, and enterprise customer experience solutions.

As part of the strategic move, Dhawan will lead Exotel’s Conversation Quality Analytics (CQA) solution, while Gupta will head the company’s AI division, according to founder Shivakumar Ganesan. Meanwhile, Dubverse will continue to operate as an independent platform. The startup, backed by Kalaari Capital, had raised $800,000 in June 2022.

Notably, Exotel—supported by investors such as A91 Partners, Blume Ventures, and CX Partners—serves over 7,000 enterprises, including Apollo 24/7, Shiprocket, HDFC Securities, Truecaller, and MG Motor. Furthermore, the platform handles more than 20 billion interactions annually across sectors such as financial services, healthcare, and e-commerce.

This acqui-hire aligns with Exotel’s broader transition into an AI-first customer engagement platform. Consequently, the company is ramping up investments in voice AI, automation, and conversation intelligence. In total, it has onboarded five to six senior hires from Dubverse to accelerate this transformation.

“Customers started asking us to derive insights from call recordings, train models on their own data, and improve performance for their use cases. We needed a team that had experience with GPUs, training, and fine-tuning models. That’s the context in which we brought in the Dubverse team,” Ganesan said.

Founded in 2021, Dubverse has developed multilingual voice AI systems, including text-to-speech and speech synthesis technologies. As a result, the platform has served over 3 million users across more than 70 languages.

At the same time, Exotel continues to operate predominantly in the business-to-customer (B2C) segment. Shivakumar Ganesan stated that AI could automate nearly 60% of customer experience operations. However, he added that companies may reduce the total number of human agents by around 60%, while transitioning the remaining workforce from on-premise setups to cloud-based systems.

“Exotel is one of the few Contact Centre-as-a-Service (CCaaS) players offering the full stack—software, network, and infrastructure. So we are actually seeing growth in contact centre seats as well, even as automation increases,” Ganesan explained.

Financially, Exotel reported operating revenue of Rs 490.5 crore in FY25, up from Rs 444 crore in the previous year, reflecting steady growth.

Geographically, around 80% of Exotel’s revenue currently comes from India. However, the company is witnessing faster growth in international markets, particularly in the Middle East and Africa. That said, geopolitical uncertainties in the Middle East could impact approximately 10% of its growth projections.

“The situation in the Middle East is expected to impact about 10% of our growth plans. One large deal has already been delayed, with customers preferring to hold off on new decisions for now,” Ganesan said.

Looking ahead, Exotel is actively exploring expansion into newer markets such as Japan, Latin America, and Australia. Additionally, the company has a track record of strategic acquisitions, including Ameyo and Cogno AI in 2021 and Croak.it in 2015.

Exotel’s acqui-hire of the Dubverse team marks a significant step in its AI-driven transformation strategy. By strengthening its voice AI and conversational intelligence stack, the company is positioning itself to lead the next phase of customer engagement innovation while expanding its global footprint.

KreditBee enters unicorn club with $280 Mn pre-IPO funding at $1.5 Bn valuation

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Vivek Veda, Madhusudan Ekambaram & Karthikeyan K, Co-founders, KreditBee

Bengaluru-based fintech KreditBee has entered the unicorn club after raising $280 million in a pre-IPO funding round, which values the consumer lending startup at $1.5 billion. The round was led by Motilal Oswal Alternates, along with Hornbill Capital and Dragon Funds. Moreover, existing investors such as Premji Invest and Advent International participated in the round, while WhiteOak Capital and A.P. Moller Holding also joined the investment.

With this latest infusion, KreditBee’s total funding has reached approximately $540 million. Notably, this funding round stands as the second-largest deal of 2026, following Neysa, which raised $1.2 billion earlier this year.

Importantly, the round includes $80 million in secondary transactions. The company plans to utilize the fresh capital to scale its credit business, particularly focusing on newer verticals such as secured lending and MSME financing.

“Our risk management has been very stable even during big events like COVID or the down cycles like the MFI (Micro Finance Institutions) crisis in 2024. That is what got rewarded, and we got good interest from investors, almost 3x the demand,” co-founder and CEO Madhusudan E said on April 7.

Founded in 2018 by Madhusudan E, Vivek Veda, and Karthikeyan Krishnaswamy, the company had earlier raised $145 million and $100 million in 2021 and 2023, respectively.

Financially, KreditBee reported a revenue of Rs 2,700 crore and a net profit of Rs 473 crore in FY25, highlighting its strong growth trajectory. Meanwhile, the fintech is currently merging its technology entity with its non-banking financial company (NBFC) arm as it prepares for an initial public offering (IPO) within the current financial year.

“This is the last private round before the IPO. The listing was always for us a function of the merger process, which we are doing now. We expect to complete the process in the next couple of months,” Madhusudan said.

Operationally, the company has facilitated more than 60 million loans and reported assets under management (AUM) of around Rs 15,000 crore in FY26. This reflects a growth of 43–44 percent compared to Rs 10,100 crore AUM recorded in FY25.

Over the past few years, KreditBee has significantly diversified its portfolio. It has expanded into secured lending, including loans against property, two-wheeler financing, and MSME loans. As a result, its secured lending AUM has already reached Rs 1,000 crore, while MSME lending stands at Rs 500 crore.

In terms of customer behavior, KreditBee’s average loan ticket size is around Rs 60,000, whereas first-time borrowers typically begin with loans of Rs 20,000. Furthermore, the platform receives nearly 70,000 new loan applications daily, although it approves only about 10 percent of them. Alongside lending, the company also offers value-added services such as credit report solutions and UPI-based products.

Additionally, KreditBee has built strong traction not only in metropolitan cities but also across Tier-2 and Tier-3 markets, underscoring the rising adoption of digital lending solutions across India.

KreditBee’s latest funding round reinforces investor confidence in India’s digital lending ecosystem. As the company moves closer to its IPO and continues expanding into secured and MSME lending, it is well-positioned to capture a larger share of the rapidly evolving fintech market.

Savills acquires majority stake in Hotelivate to strengthen hospitality advisory business

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Savills has announced the acquisition of a majority stake in Hotelivate, a leading hospitality advisory platform across South Asia. Through this strategic investment, the two firms will combine their strengths to create an institutional-grade advisory platform under the unified brand, Hotelivate-Savills.

Importantly, this move comes at a pivotal time for hospitality markets across the Asia-Pacific region. Strong operating performance, expanding branded supply, and rising cross-border capital flows have repositioned hotel and branded residence assets as core institutional real estate. As a result, owners and investors increasingly seek integrated advisory platforms that can deliver sector expertise, capital structuring, and transaction execution within a single framework.

Over the past decade, Hotelivate has built one of the region’s most respected specialist hospitality advisory platforms, serving owners, developers, operators, and institutional investors. The firm provides services across strategy, feasibility, operator selection, asset management, and transactions. Notably, its offices in Delhi, Mumbai, Bangkok, Dubai, Jakarta, and Singapore will continue operations while gaining enhanced access to Savills’ broader regional network.

The newly formed Hotelivate-Savills platform will combine deep hospitality sector expertise with Savills’ full-service real estate capabilities spanning capital markets, valuations, transactions, project management, and cross-border advisory across more than 70 countries. Consequently, the integrated model aligns strategy, capital advisory, and execution from the outset, offering a seamless client experience.

Commenting on the development, Martin Fidden, CEO of Savills Asia Pacific (ex-Greater China), said, “South Asia is a priority market for Savills in APAC, and this acquisition reflects our strong commitment to its long-term growth. Our continued investments position us well to expand into specialist areas like hospitality advisory.”

Meanwhile, Anurag Mathur, CEO of Savills India, added, “This marks an important step in the evolution of Savills in India. Eight years into our journey, we have reached the scale and organizational maturity to invest selectively in specialist capabilities aligned with market opportunities. We are delighted to welcome Hotelivate to Savills. With strong tailwinds across South Asia’s hospitality sector, this investment strengthens our offer and enables us to deliver deeper, more integrated advisory services to clients across the region.”

Sharing his perspective, Manav Thadani, Founder and Chairman of Hotelivate, said, “We have built Hotelivate as a sector-focused advisory platform grounded in relationships, market insight, and deep specialization. This investment by Savills enables us to scale that platform in a more institutional manner, enhancing our ability to serve increasingly sophisticated investors while preserving the sector depth that defines our firm.”

Savills’ acquisition of a majority stake in Hotelivate marks a strategic expansion into the high-growth hospitality advisory segment. By combining global reach with specialized expertise, Hotelivate-Savills is poised to redefine advisory standards in South Asia, catering to increasingly complex investment and development needs in the evolving hospitality landscape.

Clean energy startup Ecoil raises $2.5 Mn in funding to expand its operations & strengthen its technology platform

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ECOIL, a clean energy platform specializing in the collection and disposal of used cooking oil, has raised around $2.5 million in a Series A funding round led by Fundalogical Ventures.

In addition, the round attracted participation from Caspian Impact Investment, Momentum Capital, and existing backer The Chennai Angels. Earlier, global energy major Shell had supported the company as a seed investor, highlighting continued investor confidence in  Clean energy startup’s sustainability-driven model.

The company plans to deploy the fresh capital to scale its operations, strengthen its technology platform, and expand its presence into additional markets across India. As demand for sustainable solutions grows, this strategic investment is expected to accelerate ECOIL’s nationwide footprint.

Founded in 2019 by Sushil Vaishnav and Kirti Vaishnav, ECOIL collaborates with restaurants, hotels, and food businesses to collect used cooking oil and channel it toward the production of biofuel and sustainable aviation fuel. This approach not only addresses waste management challenges but also contributes to cleaner energy generation.

Furthermore, the clean energy startup is building a technology-driven collection and logistics network aimed at improving traceability, compliance, and aggregation of used cooking oil. This raw material plays a critical role in producing biodiesel and sustainable aviation fuel, making efficient supply chain management essential.

At the same time, ECOIL is working to organize what remains a highly fragmented supply chain in India. By integrating informal collectors into a more structured ecosystem, the company aims to enhance operational efficiency, ensure regulatory compliance, and create more stable income opportunities for stakeholders across the value chain.

Moreover, its expansion strategy aligns with the growing demand for traceable and compliant feedstock in both the biofuel and aviation fuel sectors.

ECOIL’s latest funding round underscores strong investor interest in sustainable waste-to-energy solutions. By leveraging technology, expanding its network, and formalizing the supply chain, the company aims to become a key enabler in India’s clean energy transition while addressing critical environmental challenges.