New Delhi, Sept. 7 -- Employee accommodation provider HerSpace, pet food company Lickicious, language model startup Navana.ai, and deeptech firm Reagvis Labs have secured fresh funding in separate early-stage funding rounds.
HerSpace
HerSpace Manufacturing Pvt Ltd, which offers employee accommodation for industrial workers, has raised an additional $40 million (Rs 378 crore) from existing investor Gray Matters Capital (GMC), which had invested $10 million in the company in 2025.
The company said in a statement that the total $50 million will be invested over 30 months via a mix of debt, quasi-equity and equity.
HerSpace said the capital will support expansion in key manufacturing markets, including Greater Bengaluru, Hosur, Chennai, and Andhra Pradesh, while also funding investments in people and systems.
Founded in 2023, HerSpace provides leased, affordable workforce accommodation for industrial workers in India. Headquartered in Bengaluru, it funds, designs, builds, and operates its facilities under one roof, with statutory compliance built in at every stage.
Lickicious
Lickicious, a pet food brand operated by Nuvexo Wellness Pvt Ltd, has secured Rs 19 crore ($2 million) in funding via a combination of equity and institutional debt. The company aims to scale its annual revenue to Rs 100 crore, although it didn't specify a timeline.
The round was led by Prath Ventures, with participation from the founders of Atomberg and several senior industry executives, who are among Lickicious' early backers.
The capital will be deployed to build capabilities across research and development, quality, manufacturing, supply chain, brand and commercial functions, while expanding the company's portfolio across products, formats, species and sales channels.
Founded in 2024 by Shashwat Sahai and Chandan Jha, Lickicious develops food and nutrition products for dogs and cats in India.
Navana.ai
Navana.ai, a sovereign voice AI company for regulated enterprises, has raised Rs 40 crore in a Series A funding round led by entrepreneur and investor Ronnie Screwvala.
The round also saw participation from Sharad Sanghi, Antler India, Sandeep Singhal and Paula Mariwala.
Navana.ai will use the capital to deepen its pan-India reach through its proprietary speech models across Indic languages. It will also use the fresh capital to scale its deployments among BFSI enterprises, continue to spearhead innovation in speech models for Indian languages and dialects, and further the development of its AI Contact Centre and automated evaluation platform.
Founded by brothers Raoul Nanavati and Jai Nanavati, Navana.ai has built proprietary speech models across 12 Indian languages and 45 dialects, trained on real-world Indian speech to handle noise, overlapping speech, code-switching and regional accents.
Reagvis Labs
UPES Runway, a startup incubator at UPES University, has invested Rs 25 lakh through equity participation in Reagvis Labs.
The investment is part of UPES Runway's initiative to identify and support promising AI-native and AI-driven ventures through capital, mentorship and access to the wider startup and investor ecosystem.
Founded in 2025 by Sachin Chaudhary and Praful Hambarde, Reagvis Labs is a deeptech startup developing indigenous artificial intelligence solutions for digital trust, including deepfake detection, document forgery detection, digital identity verification and digital content authentication.
Published by HT Digital Content Services with permission from VC Circle.