Whizzo, a materials science manufacturing company, has begun its Series A round by raising Rs 97.36 crore ($11 million), led by The Fundamentum Partnership with participation from existing investors Lightspeed India and BEENEXT.
This is the company’s second fundraise in 2025. It previously secured $4.2 million in its seed round from Lightspeed and BEENEXT in January.
The board at Whizzo passed a resolution to approve the issue of 60,317 Series A compulsory convertible preference shares (CCPS) at an issue price of Rs 16,140 each to raise the…

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