Zomato’s Nugget, ePlane Company Takes Off, and Lenskart’s IPO Dreams

Zomato is unlocking its in-house AI platform, Nugget, for enterprises, promising to streamline customer support with cutting-edge tech. Meanwhile, ePlane Company is taking off with a $1B deal to provide 788 air ambulances across India, a game-changer for emergency care. Over at PhonePe, device tokenisation is rolling out to secure card payments, tackling digital fraud head-on. And in the IPO spotlight, Lenskart is aiming for a $10B valuation, preparing for a major market debut.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Hum Honge Kamiyab”: Zomato Opens Up In-House AI Platform ‘Nugget’ For Enterprises

Zomato’s in-house AI platform, Nugget, is now open for enterprises—an AI-native, no-code customer support tool built over three years. Handling over 15 million support interactions monthly across Zomato, Blinkit, and Hyperpure, it automates audits, classifies images, and powers voice AI agents.

Deepinder Goyal claims 90% of companies who've seen it have signed up, suggesting its quiet but undeniable grip on the AI-driven support space.

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“Choo Loo Mai Ye Aasman”: The ePlane Company Inks $1 Bn Deal To Supply Air Ambulances

IIT-Madras-based ePlane Company has landed a $1 billion deal to supply 788 electric air ambulances, aiming for nationwide deployment.

With each district set to receive one, this marks a major step toward faster, air-based emergency care in India. If all goes as planned, the skies might just become India's next critical care corridors.

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“Sabki Savdhaani Hai Zaruri”: PhonePe Launches Device Tokenisation For Secured Card Payments

PhonePe has rolled out device tokenisation to make card payments safer, swapping card details with secure digital tokens.

This move not only cuts fraud risks but also speeds up transactions, making payments smoother for users and more reliable for merchants. In a world of rising digital scams, this could be a quiet but crucial safeguard.

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“Aaj Phatte Chak Lein De”: Lenskart Eyeing $10 Bn Valuation In IPO

Lenskart is gearing up for a blockbuster IPO, eyeing a $10 billion valuation as it plans to go public by late 2025.

With its Draft Red Herring Prospectus (DRHP) set to be filed by May, the eyewear giant is preparing for a major market move. If all goes as planned, investors might soon be seeing profits as clearly as its lenses promise.

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1. B2B ecommerce player Udaan has secured $75 Mn from M&G Prudential and Lightspeed at a flat valuation, with another $25 Mn likely incoming. Amid shifting market tides, the startup stays steady—playing the long game in India’s wholesale trade.
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2. AI-powered two-wheeler tech startup BYTES has secured a ₹20 lakh non-dilutive grant from Nikhil Kamath’s WTFund. Fresh out of stealth, it now gears up to reshape road safety with advanced rider assistance.
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3. Premium fashion brand Rare Rabbit has raised ₹50 Cr from A91 Partners at a $280M valuation, strengthening its growth runway. With A91 now holding a 14.17% stake, the brand’s luxe ambitions just got a fresh boost.
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4. Mumbai-based Rubyworks has secured pre-Series A funding to scale its AI-powered flexi-talent platform for financial research. Backed by global and Indian investors, it aims to offer high-quality research at a fraction of traditional KPO costs.
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5. AI-driven micro-learning platform Lurny has raised fresh capital as part of its $100K seed fund strategy. The funds will fuel new features like multilingual support and advanced content transformation tools.
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6. Solitario Lab Grown Diamonds has raised $3.6M in pre-IPO funding, backed by investors like Meru Cabs’ Neeraj Gupta and Vicco Group. Co-founded by Ricky Vasandani and actor Vivek Oberoi, the brand is betting big on sustainable luxury.
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7. Stelmec Ltd, a Mumbai-based electrical power product manufacturer, has secured ₹175 Cr in funding led by Abakkus Four2Eight Opportunities Fund. The capital will support its expansion, R&D, and growth in both domestic and global markets.
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8. Serial entrepreneurs Luke Coutinho and Narendra Firodia have invested $1M in You Care Lifestyle (YCL), a company focused on third-party lab testing for food, skincare, and wellness products. The funds will strengthen YCL’s product verification processes and support emerging clean brands.
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