Startup
New-Age Tech Stocks Shed $3.6 Billion as PB Fintech, Turtlemint Slide on Proposed Insurance Commission Caps
India’s listed new-age technology companies had a difficult week, with their combined market capitalisation falling by about $3.6 billion. The steepest pressure came from insurtech stocks PB Fintech and Turtlemint after an IRDAI consultation paper proposed changes to insurance distribution commissions. At the same time, some SaaS and EV-linked stocks posted strong gains, showing a sharply divided market.
2 days ago|Startup
India Tech Funding Hits $10.3 Billion in 2026 Despite 38% Drop in Funding Rounds
India’s technology ecosystem raised $10.3 billion between January 1 and September 21, 2026, up 7% year-on-year, even as the number of funding rounds dropped 38%. Tracxn data shows investment becoming more concentrated in larger deals, with enterprise technology, fintech and AI infrastructure attracting significant capital.
3 days ago|Startup
Aequs Plans ₹650 Crore Promoter Infusion to Expand Aerospace and Consumer Manufacturing Capacity
Aequs Limited’s board has approved a preferential issue of convertible warrants worth about ₹650 crore to a promoter-group entity. The fresh equity is intended to support capacity expansion across the company’s aerospace and consumer businesses, including development of its Hosur facility, investments in subsidiaries and joint ventures, and its borrowing programme. The proposal still requires shareholder and applicable regulatory approvals.
4 days ago|Startup
Indian Startups Raise $203.4 Million in a Week as AI and EV Deals Drive Funding Surge
Indian startups raised $203.4 million across 21 deals between September 21 and September 25, according to Inc42's weekly funding tracker. Large rounds involving Ultraviolette Automotive and enterprise AI company Ema accounted for most of the capital, while seed-stage activity remained active across AI, consumer and technology businesses.
4 days ago|Startup
AceVector IPO Subscribed 23% on Day 1; Retail Portion Leads With 62% Booking
Snapdeal parent AceVector’s ₹420 crore IPO was subscribed 23% on the first day of bidding, with retail investors leading demand at 62%. The NII portion was booked 42%, while qualified institutional buyers had yet to submit bids by the end of Day 1.
4 days ago|Startup
VCs Turn to India’s New-Age Kitchen Startups as Premiumisation Drives Funding Interest
Moneyview IPO Draws Strong Retail Interest on Day 1, Overall Subscription Reaches 65%
Gold-Savings Startup Jar Raises ₹29 Crore From Unitary Fund at Higher Valuation
Disha, Formerly Curelink, Raises ₹43.88 Crore in Series A Led by General Catalyst
Definedge Raises ₹22 Crore in Pre-Series A Funding to Scale Brokerage, AI and Wealth-Tech Platforms
In Depth
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Top Picks
Kiddo Raises ₹12.5 Crore to Deliver Baby Essentials in Minutes — Why Investors Are Betting on Parent-First Quick Commerce
InsuranceDekho Founders May Shift Roles Before IPO, but Company Denies Leadership Change
Indian AI Startup Flam Makes Southeast Asia Push With Indonesia Partnership After $40 Million Funding
They Spent Over 12 Years in the US — Now Two Professors Are Building Drones and Satellites in Noida
Mid-Sized VCs Are Moving Deeper Into Indian Deeptech — and They’re Changing How They Pick Startups
Mid-sized venture capital firms in India are increasing their exposure to deeptech startups as funding activity expands across spacetech, semiconductors, defence, climate technology and AI. Venture Intelligence data cited by The Economic Times shows $574 million invested across 61 deeptech deals in 2026 so far, while investors are increasingly using specialist advisers to assess complex technology risks.
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Varaha Wins ET Startup Award After Turning Carbon Credits Into Income for Small Farmers
Varaha has won the Social Enterprise category at the ET Startup Awards 2026 after building a carbon-finance business around smallholder agriculture, biochar and other carbon-removal projects. The company reported ₹105.2 crore in FY26 revenue while India's government simultaneously expands the regulatory framework for its domestic carbon market.
Startup
India’s Semiconductor Sector Has Raised $1.4 Billion — But the Bigger Story Is Where Half the Money Came From
India’s semiconductor sector has attracted about $1.4 billion in cumulative equity funding, according to Tracxn data, with $701 million raised since the start of 2025. Bengaluru dominates the funding map, while companies such as Tessolve, ILJIN Electronics and VVDN account for some of the largest disclosed funding totals. The data suggests investor interest is accelerating just as India expands public support for chip design, manufacturing and semiconductor supply chains.
Startup
Marmalade Raises ₹6 Crore, Plans Mumbai Push for Brightside Craft Whiskey
Marmalade, the startup behind Brightside Craft Whiskey, has raised ₹6 crore in seed funding as it prepares to expand beyond Pune. The company plans to use the capital for distribution, brand building and sales operations, with Mumbai and the wider Maharashtra market next on its expansion map.
Startup
Pet-Food Startup Lickicious Raises ₹19 Crore, Eyes ₹100 Crore Annual Revenue
Lickicious has raised ₹19 crore through a mix of equity and institutional debt as the pet-food company prepares to expand manufacturing, distribution and its product portfolio. The Prath Ventures-backed startup is developing a 60,000-square-foot manufacturing and distribution footprint and has set ₹100 crore in annual revenue as its next major business milestone.
Startup
Fashion Startup Theater Raises ₹75 Crore at ₹410 Crore Valuation, Plans Offline Expansion
Fashion startup Theater has secured ₹75 crore in Series A funding led by Niveshaay, with Physis Capital and existing investor Prath Ventures participating. Valued at ₹410 crore post-money, the company plans to use the capital to expand physical retail across Tier 1 and Tier 2 cities and increase spending on marketing and brand partnerships.
Startup
Piston Raises $15 Million to Take Physical Fuel Cards Out of Commercial Fleets
Piston has secured $15 million in Series A funding led by FPV Ventures, bringing its total capital raised to $22.5 million. The fintech startup is building a cardless payment network that links commercial drivers, vehicles and fuel stations while giving fleet operators tighter control over spending.
Startup
Triptii Dimri Turns Investor, Joins Peep Beauty as Co-Creator After ₹12 Crore Funding Round
Triptii Dimri has joined Peep Beauty as an investor and co-creator, taking an active role in the eye-focused beauty startup’s creative direction and product conversations. The company has raised ₹12 crore as it seeks to position coloured contact lenses as everyday beauty products.
Startup
Karnataka to Back 100 Startups With ₹25 Crore, Offers Government Pilot Orders Up to ₹25 Lakh
Karnataka's Government First programme will give around 100 startups an opportunity to test deployment-ready technologies inside government departments over three years. Selected companies can receive pilot work orders of up to ₹25 lakh, with successful projects potentially progressing to larger procurement opportunities.
Startup
Ultraviolette Bets ₹779 Crore on New EV Factory as India’s Electric Two-Wheeler Market Expands
Ultraviolette Automotive plans to invest ₹779 crore in a new manufacturing facility in Hosur, Tamil Nadu, as the Bengaluru-based EV maker prepares for higher production volumes and the launch of its Tesseract scooter and Shockwave motorcycle.
Startup
ARC Raises ₹10.5 Crore as Indian Gaming Startup Builds X1 Handheld
Indian gaming technology startup ARC has raised ₹10.5 crore in pre-seed funding led by Chimera VC and MIXI Global Investments. The company plans to put the capital towards its X1 handheld, proprietary OWL OS, manufacturing preparations and a wider gaming technology platform.
Startup
BRICS Startup Innovation Fund in Focus Ahead of New Delhi Summit
BRICS leaders gathering in New Delhi are set to consider a proposed Startup Innovation Fund, an incubator network and a logistics cooperation framework as the expanded group looks for practical ways to deepen economic and technology ties.
Startup
Safebox Raises $1.1 Million After Families Record Over ₹6,000 Crore in Assets on Platform
Coimbatore-based wealthtech startup Safebox has raised $1.1 million in seed funding to improve its product and expand distribution. The company says families have recorded more than ₹6,000 crore worth of assets on its platform since its public launch in June 2026.
Startup
SORRY SUGAR Raises $1 Million After ₹1 Crore First-Month Revenue, Eyes North India Growth
Gurugram-based SORRY SUGAR has raised $1 million in seed funding led by the Dhanuka family and Amishi London. The company plans to expand its zero-added-sugar beverage business across North India, strengthen online and offline distribution, and enter desserts with monk fruit-sweetened gelato.
Startup
Navana.ai Raises ₹40 Crore as Ronnie Screwvala Backs India's Indic Voice AI Push
Indian voice AI startup Navana.ai has raised ₹40 crore in a Series A funding round led by entrepreneur and investor Ronnie Screwvala. The company plans to use the capital to expand deployments in banking, financial services and insurance, strengthen speech models for Indian languages and dialects, and develop its AI Contact Centre and automated evaluation platform.
Startup
Piper Serica Plans ₹220 Crore Deep-Tech Push, Evaluates 30–35 Startups
Piper Serica is preparing to invest ₹180–220 crore in four to six deep-tech startups this fiscal year through its Bharat Tech Fund, with semiconductors, space technology, advanced electronics, AI, energy and life sciences among its focus areas.
Startup
KRAFTON Pledges Another $250 Million for India, Expands Bet Beyond Gaming
The South Korean publisher behind BGMI plans to invest another $250 million in India over the next three to four years, widening its focus from gaming to artificial intelligence, robotics, deep technology and homegrown intellectual property.
Startup
Ola Electric Clears Fresh ₹1,500 Crore Fundraise as COO Hyun Shik Park Steps Down
Ola Electric’s board has approved a fresh capital raise of up to ₹1,500 crore through equity shares or eligible securities. The decision comes three months after its ₹780 crore QIP and coincides with the resignation of chief operations officer Hyun Shik Park.
Startup
Mokobara Raises ₹170 Crore After Revenue Nearly Doubles, Expands to 50 Stores
Indian travel and lifestyle brand Mokobara has raised ₹170 crore in a Series C funding round led by Sauce.vc, with participation from Peak XV Partners, AYRA Ventures, Niveshaay Investment and other existing investors. The fresh capital comes as the company expands its physical retail network and builds on rapid revenue growth.
Startup
Medulance Raises ₹24 Crore as It Builds a Bigger, Smarter Ambulance Network Across India
Medulance has secured ₹24 crore in fresh funding as the emergency healthcare company expands its ambulance network and invests in connected pre-hospital care. The round includes Auxano, Alkemi, Equentis and angel investors.
Startup
Naman Pushp Built His First Drone at 15. At 21, Airbound Has Raised Nearly $50 Million
Naman Pushp started building drones as a teenager during the pandemic. At 21, he now leads Bengaluru-based Airbound, which has raised $37 million in Series A funding and nearly $50 million since 2023 to develop lightweight autonomous aircraft.
Startup
Flipkart Minutes Could Reach 2,000 Dark Stores by Mid-2027, UBS Report Says
Flipkart Minutes could add about 1,000 dark stores by mid-2027, potentially taking its quick-commerce network to roughly 2,000 locations, according to a UBS report citing an industry expert. The projection comes as Flipkart expands Minutes beyond major metros and uses its established strength in e-commerce, mobiles and electronics to compete in India's crowded rapid-delivery market.
Startup
Cradlewise Raises $12 Million to Expand AI-Powered Smart Cribs and Child Sleep Technology
AI-powered infant sleep technology startup Cradlewise has raised $12 million in Series A funding, led by 3one4 Capital and Prudent Investment Management. The company plans to use the fresh capital to expand distribution, accelerate product development and enter new international markets while building products beyond its flagship smart crib.
Startup
Furlenco Profit Soars Nearly 20X to ₹59.5 Crore as Revenue Jumps 62%
Furniture rental and home solutions startup Furlenco delivered a sharp improvement in FY26, with profit rising to ₹59.52 crore from ₹3.11 crore a year earlier. Revenue from operations climbed about 62% to ₹370.43 crore, while EBITDA nearly doubled as the company strengthened its rental-led business.
Startup
Astrobase Eyes $40–50 Million Funding at Up to $300 Million Valuation as Reusable Rocket Plans Accelerate
Bengaluru-based spacetech startup Astrobase is reportedly in discussions to raise $40 million to $50 million in fresh funding, with Peak XV Partners expected to lead the round at a valuation of roughly $250 million to $300 million. The talks come as the company advances its reusable launch vehicle programme and its 800 kN Everest rocket engine.
Startup
Adobe Acquires Indian AI Startup Rilo to Strengthen Agentic Marketing Push
Adobe has acquired India-based AI marketing automation startup Rilo, bringing its technology and team into the software giant as it expands AI-powered workflows for enterprise marketers. The financial terms were not disclosed.
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