Start Ups

Nilekani-backed Fundamentum launches third fund of ₹2,200 crore

Nilekani made his largest personal commitment to a venture firm as Fundamentum expanded its leadership team and reaffirmed its focus on backing Series B startups

Customers using AI tools 3 times more likely to buy: Amazon's Kishore Thota

Amazon says customers using its generative AI-powered shopping tools are three times more likely to make purchases, with adoption in India rising sharply year-on-year

Mobility startup Milo Drive raises $2.4 million in a seed funding round

EV mobility platform Milo Drive has raised $2.4 million in a seed funding round led by Caret Capital to strengthen its technology platform and scale operations

PhiCommerce to focus on payments infra for smaller banks, says co-founder

The fintech firm expects software-as-a-service products to contribute 40 per cent of revenue over the next 18 months as smaller banks seek greater control over payments, said co-founder Rajesh Londhe

Swiggy expands Food on Train offering to 180 cities as orders jump 3x

Swiggy has expanded its Food on Train service to 180 cities, with orders tripling year-on-year in April-June 2026 as demand for onboard meal delivery gathered pace

RDI fund's first cohort of startups aims to plug country's deep-tech gaps

The first five startups backed under the government's RDI fund will develop indigenous technologies in space, defence, healthcare, batteries and biotechnology through milestone-based financing

MakeMyTrip launches OneCircle rewards programme across 13,376 properties

The travel platform's new loyalty programme offers reward points on every stay across more than 13,000 properties in India and overseas, targeting rising demand for travel

D2C startup Fizzy Goblet gets actor Kareena Kapoor Khan as investor

Fizzy Goblet targets ₹100 crore revenue in two years

Sterlite Technologies raises ₹1,500 cr via QIP to fund next phase of growth

The QIP saw participation from both domestic and global investors, including Motilal Oswal, Nomura, HSBC and Oxbow, among others

Yotta raises $150 mn at ₹37,000 crore valuation to fund AI expansion

Yotta has raised $150 million at a ₹37,000 crore valuation to expand its AI infrastructure, scale GPU capacity and support its pre-IPO growth plans

Square Yards targets 40-50% revenue growth in FY27 as fintech biz scales

Proptech unicorn Square Yards expects 40-50 per cent revenue growth in FY27, driven by expansion in fintech, AI-led initiatives and broader real estate services

From Cure.fit to Cult.fit: A look at a decade of pivots before the IPO

The founding of Cult.fit goes back to 2015, when health content creator and entrepreneur Rishabh Telang launched Cult in Bengaluru as a machine-free fitness studio

Vikram-1 set for liftoff as India's private space race enters orbit

Spacetech unicorn Skyroot targets first privately developed orbital-class rocket mission

India's U30 startups funds mostly deployed for product, expansion: Hurun

More than half the capital raised by India's top under-30 entrepreneurs is being channelled into product development and market expansion, a Hurun India report says

ICEYE-AgniKul agreement puts India's space startups in global orbit

Satellite manufacturing and launch alliance aims to build sovereign space ecosystem

Indus Valley raises $17 million in funding round led by Gaja Capital

The Series B round, led by Gaja Capital with participation from existing investors, will support product innovation, distribution expansion and brand-building initiatives

Restrictive digital rules can slow startup formation, VC funding: Report

An Oxford Economics report says a restrictive digital regulatory regime could reduce startup formation by 20 per cent and venture capital investment by 25 per cent

Lytmus AI raises ₹5 crore in pre-seed round led by Boundless Ventures

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

BigBasket's Hari Menon says he was 'in denial' about quick commerce

Stepping down as CEO, Hari Menon says BigBasket initially underestimated quick commerce and now expects the Tata-owned firm to prioritise profitability over market share

India tech funding rises 12% to $7.2 bn in H1 2026 but deal count shrinks

Technology startups raised $7.2 billion in the first half of 2026, with larger funding rounds driving growth even as deal volumes, investor participation and first-time funding declined