Daily Startup Roundup: Funding Deals, Acquisitions, and Tech Collaborations

3 Sept 2026, 4:26 pm · 9d ago · 1 min read · YourStory

Indian startup developments for September 3, 2026, highlighted several significant funding rounds and mergers. Cradlewise secured $12 million in Series A funding led by 3one4 Capital and Prudent Investment Management to expand its smart infant sleep system globally. Business Nextgen Finance raised Rs 215 crore led by Beams Fintech Fund to scale MSME lending across non-metro regions. Additionally, Adobe acquired Indian AI startup Rilo, founded by IIT Bombay alumni Georgi Boby and Dhruv Jaglan, for an undisclosed amount to integrate its AI agent technology.