Startup
More Startup News
MAVI Raises Rs 1,125 Cr For Venture Fund
Mirae Asset Venture Investments has raised Rs 1,125 crore for its Venture Opportunity Fund II
Startup
Rapido Secures Karnataka Cab Aggregator Licence Extending Operations to 2031
Ride‑hailing unicorn Rapido has been granted a cab aggregator licence by Karnataka's transport authority, allowing four‑wheel services across 21 cities until August 2031 and marking a regulatory milestone.
Startup
Bluehill.VC seals Rs 400 crore frontier‑tech fund to back 15 Indian deep‑tech startups
Chennai‑based Bluehill.VC announced the final close of its inaugural Rs 400 crore fund, drawing capital from SIDBI, state governments and private investors to back companies in semiconductors, space, defence and more.
Startup
Peak XV Leads $45 Million Series B Bet on US-Based AI Code Testing Startup Blacksmith
US-based developer infrastructure startup Blacksmith has raised $45 million in Series B funding, led by Peak XV Partners, as growing adoption of AI-generated software creates fresh demand for faster code testing and validation. Existing investors GV and Y Combinator also participated in the round, which values Blacksmith at about $550 million.
Startup
Shiprocket IPO Subscribed 25.8X on Final Day as Investor Demand Surges
Shiprocket’s ₹1,617.5 crore IPO witnessed a sharp jump in investor demand on the third and final day of bidding, with the issue subscribed around 25.8 times by 1:06 PM IST on August 14, 2026. Non-institutional investors led the bidding, while retail, employee and qualified institutional buyer categories also recorded strong participation.
Startup
ixigo to Sell 17.39% FreshBus Stake for ₹36.6 Crore, Retains Minority Holding
Travel technology company ixigo’s parent, Le Travenues Technology Ltd, has agreed to sell a 17.39% stake in electric intercity bus operator FreshBus for approximately ₹36.6 crore. The transaction will substantially reduce ixigo’s ownership in the company while allowing it to retain a minority stake.
Startup
PM E-DRIVE E2W Subsidy Extended Till March 2028 With ₹1,000 Crore Additional Outlay
The Indian government has extended support for electric two-wheelers under the PM E-DRIVE scheme until March 31, 2028, while providing an additional ₹1,000 crore for the segment. The move is aimed at maintaining momentum in India's transition to electric mobility and giving manufacturers, buyers and the wider EV ecosystem a longer policy runway.
Startup
Table Space Gears Up for IPO as AI Watermarking Push Reshapes Tech Landscape
India's startup and technology ecosystem is seeing activity on two very different fronts. Enterprise workspace operator Table Space is moving closer to a potential public-market debut, while AI companies are strengthening watermarking and provenance systems designed to make machine-generated content easier to identify. Together, the developments highlight how growth, regulation and trust are increasingly shaping the next phase of technology businesses.
Startup
B2C Giants Turn Internal AI Tools Into New Businesses as LEAP India IPO Reaches 49% Subscription on Day 2
India’s startup ecosystem is seeing two notable trends converge: established consumer-tech companies are turning artificial intelligence capabilities developed for their own operations into standalone products, while the public markets continue to test investor appetite for new-age businesses. Eternal, CARS24 and other consumer-focused companies are expanding their AI ambitions, while LEAP India’s ₹2,480 crore IPO reached 49% subscription at the end of its second day of bidding.
Startup
Capillary Technologies Promoter Offloads ₹172 Crore Stake in Bulk Deal
Capillary Technologies International Pte Ltd, a promoter entity of Capillary Technologies India, has sold nearly 32.92 lakh shares in a bulk deal valued at about ₹171.5 crore. The transaction, executed at an average price of ₹520.86 per share, comes amid volatility in the SaaS company's stock and renewed investor attention on its financial performance.
Startup
IPO-Bound Tonbo Imaging’s Net Profit Falls 30% YoY to ₹50.88 Crore in FY26 as Revenue Drops to ₹362.65 Crore
IPO-bound defence electronics company Tonbo Imaging India reported a sharp moderation in its FY26 financial performance, with profit after tax falling about 30% year-on-year to ₹50.88 crore. Revenue also declined to ₹362.65 crore, putting the company’s earnings trajectory in focus as it moves toward a public listing.
Startup
Instant Help’s Fight Against Cash Burn Puts Startup Challenges in Focus as Pixxel Eyes Next Upgrade
Instant Help’s battle with cash burn is drawing attention to one of the toughest challenges facing growing startups: balancing expansion with financial discipline. Meanwhile, Pixxel’s next upgrade adds another dimension to the broader startup landscape, highlighting how young companies must simultaneously manage capital, technology and long-term growth ambitions.
Startup
Karnataka-Backed SFAL’s Deeptech Portfolio Crosses ₹1,000-Crore Valuation Milestone
Karnataka-backed SFAL has reached a significant milestone as the combined valuation of its deeptech portfolio crosses ₹1,000 crore. The achievement highlights the growing commercial potential of technology-led startups and adds to Karnataka’s position as an important hub for innovation and entrepreneurship in India.
Startup
Ola Electric’s Comeback Quarter Shows Financial Recovery, but Profit Pressure Remains
Ola Electric reported signs of financial improvement in the June 2026 quarter, with its consolidated net loss narrowing and vehicle deliveries recovering sequentially. However, a steep year-on-year revenue decline shows that the electric two-wheeler maker still faces significant challenges on its road to sustainable profitability.
Startup
Hero MotoCorp to Debut Maiden Electric Motorcycle Next Year, Expanding Its EV Push
Hero MotoCorp is preparing to enter the electric motorcycle segment with its first electric bike expected to debut next year. The move would expand the two-wheeler manufacturer's presence in electric mobility beyond its existing efforts and mark an important step in its evolving EV strategy.
Startup
Maharashtra Weighs EV Mandate and 2% Welfare Levy for Swiggy, Zomato, Zepto and Other Delivery Platforms
Food delivery, quick-commerce and ecommerce platforms operating in Maharashtra could face a new regulatory framework that includes mandatory electric vehicles, GPS tracking, insurance requirements and a proposed 2% contribution to a rider welfare fund. The plan, which could affect platforms such as Swiggy, Zomato, Zepto and Meesho, is still under government review and has not received final approval.
Startup
D2CX Converge Kolkata Unpacks the Playbook for Scaling India’s Next Generation of Consumer Brands
D2CX Converge Kolkata brought the conversation around India’s evolving consumer-brand ecosystem into focus, highlighting the strategies and challenges involved in building and scaling the country’s next generation of consumer businesses. The event centered on the playbook brands need as they move from early traction toward sustainable, larger-scale growth.
Startup
BlissClub Raises ₹160 Crore to Accelerate Offline Expansion and Diversify Into New Product Categories
Women-focused activewear brand BlissClub has secured ₹160 crore in fresh funding to strengthen its offline retail presence and expand into new product categories. The investment marks a significant step in the company's omnichannel growth strategy as it aims to broaden its reach in India's fast-growing athleisure and lifestyle market.
Startup
Peak XV Vice President Kriti Gupta to Leave VC Firm After Five-Year Stint
Kriti Gupta, Vice President at Peak XV, is set to leave the venture capital firm after completing five years with the organisation. The development marks a notable personnel change at the VC firm and draws attention to senior talent movement within the investment ecosystem.
Startup
Chennai-Based Qubit Founder Shares Journey After Leaving ₹1 Crore US Job to Build Startup
The founder of Chennai-based startup Qubit has shared the story of leaving a high-paying job in the United States, reportedly worth around ₹1 crore, to pursue entrepreneurship. The career shift highlights the difficult trade-offs founders can face when moving from a financially secure professional path to the uncertainties of building a startup.
Startup
Startup Founder Apologises After Offering Job Interviews for Tattoos, Says “I Thought It Would Be Fun”
A startup founder has apologised after an unusual recruitment offer promising job interviews to people who got tattoos drew attention and criticism. The founder said the idea was intended to be fun, but acknowledged the concerns surrounding the unconventional hiring approach.
Startup
EV Startup River Mobility Bags $120 Mn to Expand Manufacturing Capacity
Electric vehicle startup River Mobility has secured $120 million in funding to support the expansion of its manufacturing capacity. The investment highlights the continuing flow of capital into India’s electric mobility ecosystem as EV companies work to increase production and prepare for growing competition.
Startup
Former Delhivery and Cleartrip Leaders Launch Profound, AI‑Powered Career Assistant
Ex‑Delhivery tech head Prashant Parashar and former Cleartrip growth chief Anuj Rathi have raised $1.5 million to debut Profound, an AI‑native startup that creates personal AI representatives for professionals.
Startup
Ather Energy Shares Surge 18% to Record High as Brokerages Turn Bullish After Strong Q1
Ather Energy shares jumped 18% to reach an all-time high after the electric two-wheeler company delivered a strong first-quarter performance. The rally was supported by increasingly bullish brokerage sentiment, putting the EV maker firmly in the market spotlight.
Startup
Ex-Delhivery, Cleartrip Executives Launch Profound to Offer AI-Powered Professional Support for Individuals
Former executives associated with Delhivery and Cleartrip have launched Profound, a new venture focused on bringing AI-powered professional support to individuals. The move reflects growing interest in using artificial intelligence to make sophisticated professional assistance more accessible at the individual level.
Startup
