A busy day for Indian startups and listed consumer firms brought a large round for a microdrama platform, three funding announcements in robotics and drone technology, and a set of quarterly results led by Nykaa.

EloElo. The Bengaluru-based company, founded in 2020 by former Flipkart executive Saurabh Pandey, has raised $80 million in a Series C round led by Hornbill Capital and NBCUniversal. MIT Investment Co. and existing investors Kalaari Capital, Play Ventures and Griffin Gaming Partners also took part. The company plans to spend on original content and to take its microdrama app Story TV overseas, including to the United States. It says Story TV carries more than 5,000 short dramas in six languages and that the company has over 40 million monthly active users; both figures are the company’s own. The valuation was not disclosed.

Robotics and deep tech. Peppermint Robotics raised ₹100 crore in a pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating; the round includes new and secondary shares, and the company plans to expand manufacturing and set up an assembly line in North America. Ottonomy raised ₹40.6 crore in a post-seed round with Japan-based Enrission India Capital participating, and plans global expansion in healthcare and industrial automation. Cellegant, which is building hydrogen-powered drive systems for long-range drones, raised ₹2.61 crore from GVFL Prarambh Fund Trust, CoCreate Aarambh and the IIT Gandhinagar incubator IIEC.

Other rounds. Fintech OneStack raised ₹12.5 crore from Shepherd’s Hill, Pentathlon Ventures and AVNM Ventures to reach more cooperative banks and NBFCs. Construction-materials startup ECOPATH raised ₹2.25 crore in seed funding from Social Alpha and Gemcorp.

Results. Nykaa reported a second-quarter FY27 net profit of ₹101 crore, about three times the ₹33 crore a year earlier. Revenue from operations rose 28% to ₹3,006 crore, of which beauty contributed about ₹2,700 crore, roughly 90%, and fashion ₹287 crore. First-half profit was ₹181 crore. Lenskart posted a net profit of ₹232 crore, up from ₹103 crore, on revenue up 36% to ₹2,845 crore. PhysicsWallah’s profit rose to ₹143.6 crore from ₹69.7 crore, with revenue up 18.2% to ₹1,242.3 crore.

Corporate. Unilever plans to invest €35 million in upgrading its Indian R&D centres, plus €5 million over five years for a Bio-Futures alliance. BHEL won orders worth up to ₹28,000 crore from Adani Power for four thermal power projects.