Startup news and updates: Daily roundup (June 23, 2025)

From team sizes shrinking due to AI agents to startups changing the construction industry, YourStory brings you today’s headlines with the latest developments across sectors.

Featured stories

The next unicorn could be run by a solo entrepreneur with AI

While it sounds unreal, a new-age coder with a rack of GPUs and co-pilots could, in theory, spin up a product, ship globally, and sprint to $100 million ARR before a traditional SaaS giant can even finish its next headcount planning cycle.

Last year, OpenAI CEO Sam Altman predicted we would soon see the first one-person, billion-dollar company. Anthropic Co-founder and CEO Dario Amodei went a step further, arguing this feat could arrive even earlier.

That future seems to have arrived. Solo entrepreneurs are building companies using AI agents and plug-and-play APIs, flipping the traditional organisation chart. Read more.

How MiCoB is optimising construction with 3D printing

Ahmedabad-based deeptech startup MiCoB is making waves in 3D concrete printing to make the construction industry more innovative with fewer operational snags. The startup primarily works on a B2B2C and a B2G model.

The company's name is an abbreviation of ‘Micro Concrete Builders’ as 3DCP doesn’t use coarse aggregates and relies on mixes with very fine particles. With a 27-member team, the startup primarily operates out of Ahmedabad and also has a 3DCP plant in Sonipat. Read more.

Funding News

PharmEasy founders launch home improvement venture, raise funding at $120M valuation

Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, the founders of online pharmacy startup PharmEasy, have launched All Home, an interior design and home improvement venture.

All Home has raised an undisclosed investment in a seed round led by Bessemer Venture Partners, at a valuation of over $120 million.

The platform aims to be a one-stop shop for all interior needs by partnering with omnichannel brands. It seeks to organise the fragmented segments in the interior decor and architecture industry. Read more.

EKA Mobility raises Rs 200 Cr from ENAM Holdings

Electric vehicle maker EKA Mobility has raised Rs 200 crore from private equity firm ENAM Holdings. Based on the achievements of internal targets, the fundraising will elevate EKA to unicorn status, according to the company’s founder, Sudhir Mehta.

The Pune-based startup raised a new round on a convertible preference share basis.

The company intends to use the majority of the funds to set up its plants, ramp up production of its passenger and goods carrier vehicles, and expand its product portfolio over the next two years. Read more.

Utopia Therapeutics raises $1.5M in seed round led by Whale Tank

Hyderabad-based biotech startup Utopia Therapeutics has raised $1.5 million in seed funding from Whale Tank to advance the development of its lead vaccine candidate targeting obesity.

The funding will support preclinical studies of UT009, an immunotherapeutic vaccine aimed at reducing fat accumulation and improving metabolic health by targeting lipid-associated antigens, the company said in a statement issued at the BIO International Convention 2025.

Truliv raises investment from BCCL at Rs 356.5 Cr valuation

Alternate hospitality player Truliv has raised an undisclosed amount in equity funding from media conglomerate Bennett, Coleman & Co Ltd (BCCL), valuing the Chennai-based company at Rs 356.5 crore ($42.6 million)

The investment will support Truliv’s expansion into new cities and segments, including holiday homes, retirement communities, and nature-centric stays, as it targets Rs 200 crore in annual revenue over the next three years. The company plans to strengthen its technology platform and build out new alternate real estate offerings tailored for India’s Gen Z and millennial consumers.

Truliv has previously raised $2 million in seed capital and retains over 80% promoter ownership. The company is a subsidiary of DRA and has also entered the holiday home segment, with student housing and retirement communities in the pipeline. It is looking to generate Rs 200 crore in annual revenue within the next three years.

Also Read

Zolostays to sell its college hostel business to Good Host Spaces for Rs 107.8 Cr

Other news

Zen Technologies to acquire majority stake in drone startup TISA Aerospace

Defence training and anti-drone systems provider Zen Technologies Ltd said its board has approved the acquisition of a majority stake in TISA Aerospace Pvt Ltd, a defence-tech startup focused on loitering munitions and unmanned aerial vehicles (UAVs).

The deal will be executed through a combination of share purchase from existing TISA shareholders and acquisition of compulsorily convertible debentures, the Hyderabad-based company said in a statement.

Eat Better partners with Unicommerce to streamline ecommerce operations

Healthy snacking brand Eat Better Co has partnered with ecommerce enablement platform Unicommerce to enhance its direct-to-consumer (D2C) operations and scale quick commerce fulfilment.

The tie-up will see Eat Better adopt Unicommerce’s Uniware platform for multi-channel order and warehouse management, aiming to improve delivery speed, reduce operational costs, and optimise inventory across its digital sales channels.

(This article will be updated with the latest news throughout the day.)