Start Ups

How AI is becoming the operating backbone of India's fintech industry

AI is becoming part of the core infrastructure of India's fintech ecosystem as firms look to automate workflows, tackle fraud, and improve scalability

Sadev Ventures appoints Ishan Kansal as co-founder, managing partner

The move comes as the early-stage investment firm targets ₹1,000 crore in funds under management over the next 12-24 months

Deep-tech startup Anscer Robotics secures ₹45 crore in Series A round

The Bengaluru-based robotics startup will use the funding led by IAN Group to drive product innovation, expand in the US and strengthen factory and warehouse deployments

Gen Z investing startup Trackk raises $3.7 mn from Lightspeed, Info Edge

Mumbai-based Trackk plans to expand its investing platform and product offerings as younger Indians increasingly participate in financial markets

Google, Blackstone launch $5 billion AI cloud company to challenge Nvidia

The new venture will allow companies to rent AI computing power using Google's custom TPU chips instead of building costly infrastructure

In a first, digital precious metals' SRO to seek formal nod from a ministry

The industry body is framing a code of conduct, audit norms. and customer protection standards while seeking formal recognition from ministries, said Chairperson Nirupama Soundararajan

$240 million fundraise propels Rapido post-money valuation to $3 billion

The mobility startup, now valued at $3 billion, is expanding deeper into Tier-2 and Tier-3 markets amid rising demand for low-cost transport

Startup funding, exits evolve as investors demand profitability discipline

As startups increasingly tap public markets, investors are becoming more selective and demanding clearer paths to profitability than during the 2021 boom

Quick-commerce firms push deeper into smaller cities as metro growth slows

Amazon and Flipkart are expanding dark-store networks beyond major urban markets as competition and saturation pressure profitability in metros

HrdWyr raises $13 mn to scale AI-native chips for edge devices globally

The Indian semiconductor startup is developing AI-native processors for appliances, EVs and industrial systems that process data closer to where it is generated

Adda247 lays off over 20% employees amid restructuring and IPO plans

The development comes at a time when Adda247, which has raised around $67 million to date, is preparing for a public listing over the next 12 to 18 months

Cars24 posts first-ever quarterly profit on strong growth in core business

SoftBank-backed auto-tech firm posts ₹20 crore adjusted EBITDA profit in Q4 as lending, retail sales and ownership services expand

Practo crosses $100 million GMV in the US as AI push gains pace

Health-tech platform expands investment in AI-driven healthcare systems that support patient and provider decision-making while growing its engineering team

Govt reopens narrow FDI door to China-linked funds: How it impacts startups

The revised Press Note 3 framework may speed up startup deals by allowing limited China-linked exposure through the automatic FDI route, while keeping direct Chinese investment under approval

Pronto raises $20 million in Series B round as valuation doubles from March

The company will use much of the fresh capital to scale its workforce, CEO Anjali Sardana said, adding the platform is very supply-constrained

Chinese AI startup DeepSeek could be valued at $50 bn in first fundraise

Chinese AI startup DeepSeek eyes up to $50 billion valuation in its first external fundraising round

Krutrim reports first profit, triples revenue as it pivots to AI cloud

Startup founded by Bhavish Aggarwal triples revenue to ₹300 crore, shifts capital from chip ambitions to infrastructure-led services

Defence-tech startup Armory gets ₹100 crore order from MoD: Amardeep Singh

Company to provide indigenous AI-powered counter-unmanned aerial systems called SURGE

Chosen raises $5 million to expand science-led skincare business

Fireside Ventures leads funding round with participation from L'Oreal's Bold and Alkemi Growth Capital as startup scales R&D, product pipeline for Indian skin needs

Space startup GalaxEye puts world-first OptoSAR satellite into orbit

Mission Drishti to capture imagery in all weather conditions, day and night