Start Ups

InvoiceCloud strengthens global innovation hub in India with ₹350 cr

The digital billing and payments company will use the investment to expand teams, infrastructure, AI initiatives and product development at its India innovation hub

IPO-bound Sathya Agencies plans to strengthen presence in Karnataka

The Chennai-based retailer has added 54 Karnataka showrooms through Unilet and is preparing for its first major Dussehra and Diwali festive season in the state

Construction-robot startup Origin raises $20 mn to automate interior work

Accel and Zacua Ventures co-led the funding round, which will help Origin scale deployment of its OG-1 robot, expand its fleet and run customer pilots in overseas markets

Circle raises ₹25 crore from Nexus to expand pre-owned marketplace

The startup plans to expand beyond Bengaluru and invest in AI, verification and logistics after facilitating ₹25 crore in sales in its first year

Shamrock AI raises $5 million in seed round led by Endiya Partners

Shamrock AI has raised $5 million in seed funding led by Endiya Partners to develop its enterprise AI assurance platform, strengthen its team and expand its customer base

Policy reforms, risk capital fuel India's fast-growing space-tech ecosystem

Space-tech funding has surged as policy reforms, government-backed risk capital and access to Isro infrastructure allow private companies to move from development to commercial deployment

Shoes that grow with kids: Aretto eyes Rs 100 crore revenue by FY27

The children's footwear brand, backed by Peak XV Surge and Veltis Capital, plans to cross 100 retail touchpoints and expand internationally while exploring adult footwear using its patented technology

Interoperability within AA network may reduce drop-offs at lender's end

The RBI's interoperability push will allow account aggregators to work across the network, reducing dependence on bilateral tie-ups and potentially improving customer onboarding for lenders

Nandan Nilekani-backed Fundamentum raises ₹3K crore for AI, deeptech

The Nandan Nilekani-backed growth-stage fund plans to invest ₹100-200 crore each in 12-15 AI and deeptech companies over the next two to three years, with a hard cap of ₹3,500 crore

NuSynth Technologies raises ₹36.5 crore in seed funding led by two VCs

Avaana Capital and Shastra VC co-led the funding round, which will help NuSynth expand R&D, develop proprietary chemical processes and build AI-enabled scale-up capabilities

Edtech firm byteXL raises $9 million in funding round led by Elevar Equity

The edtech startup plans to expand from 40 to 120 institutions in two years and strengthen its AI-led learning platform, academic capabilities and skilling programmes

Cleartrip bets on hotels and homestays and AI to turn profitable

Flipkart's travel arm expects non-air business to account for nearly half its revenue and says it could become self-sustaining without parent funding in a couple of years

As India's edtech giants stumble, Manipal's UNext bets on discipline

Backed by MEMG, the company is betting on AI, university partnerships and lower acquisition costs while avoiding the high-spend consumer model that hurt several edtech rivals

B2B commerce firm OfBusiness plan IPO next year, DRHP likely in Nov

The IPO is expected to be based on the company's existing valuation of $4.4-5 billion, with the issue targeted for March-April next year

Ecom platform Flipkart doubles active seller base on zero-commission boost

Flipkart attributed the growth in sellers to its zero-commission model, simplified onboarding and AI-led tools aimed at improving selection, pricing and catalogues

US-patented tech to aid Spacetech startup GalaxEye's 30-satellite plan

The company is India's first start up to be granted an US patent on this technology which combines optical images with SAR to provide better quality image despite smoke and clouds in the atmosphere

India remains key priority as Adyen expands beyond payments: Gary Yang

Adyen's APAC President Gary Yang says India remains a key priority market, with plans to deepen its payments capabilities while expanding into fraud mitigation, loyalty, and usage-based billing

Arivihan raises $10 million to expand AI-powered learning platform

The edtech startup, backed by Accel and Prosus Ventures, plans to enter new states and CBSE while strengthening its AI research and vernacular-language capabilities

Quick commerce becomes the new battleground as festive season approaches

The race for speedy delivery gathers pace for the festival season as quick commerce firms expand beyond metros

EMI driving a third of electronics and appliances GMV: Flipkart exec

Nearly half of high-value electronics purchases are expected to use affordability options, while biometric authentication is seeing higher payment success rates