Start Ups

Avaada achieves $1.3 billion financial closure for 2.15 GW portfolio

The funding from SBI, REC and Canara Bank will support hybrid and utility-scale solar projects being developed for Maharashtra and Gujarat state utilities

TakeMe2Space's PowerBank-50 becomes first India-made satellite battery

The made-in-India satellite battery-powered an experimental payload at an altitude of 450 km, validating its performance through launch and harsh orbital conditions

Sarvam ropes in Mistral founding team member Devendra Chaplot as adviser

Sovereign AI startup appoints former Mistral and xAI executive as adviser as it expands globally and builds a one trillion-parameter foundation model

AI startup Freehand raises $75 million for supply-chain expansion

Battery Ventures and NewRoad Capital co-lead funding as startup expands AI agents that automate procurement and supply-chain spending for Fortune 500 companies

Flipkart's Ekart opens nationwide logistics network to third-party biz

The logistics arm will expand through a franchise model and dedicated warehousing, giving businesses access to Flipkart's nationwide fulfilment and delivery network

India's spacetech startups raise $871 million as private sector takes off

Skyroot's orbital launch and unicorn status prove policy reforms fuelled rapid industry growth

Deeptech startup Yaanendriya raises ₹15 crore from Piper Serica

Deep-tech startup Yaanendriya raises ₹15 crore from Piper Serica to accelerate R&D, expand navigation technologies and scale indigenous sensors for defence and aerospace

VCs may warm up to high-tech startups later this year, shows data

VC funding in Indian chip and space startups is gaining momentum in 2026, aided by government support despite cautious investor sentiment

Aditya Vuchi's new startup to build community hubs for gig workers in India

The venture will begin with a Hyderabad centre offering rest areas, affordable food, EV charging, healthcare and other essential services for verified gig workers

CARPL.ai raises $10 million from IFC to expand radiology AI platform

World Bank Group's private-sector arm leads Series A round as the startup expands its AI marketplace for hospitals and diagnostic centers across global markets

BUSINESSNEXT secures $40 million funding to expand autonomous banking

The autonomous banking platform will use the funds for research and development and expansion into Australia and New Zealand, while strengthening its private AI capabilities

Myntra deploys AI at scale as rivals intensify fashion ecommerce push

The ecommerce major is using AI to cut seller onboarding times, personalise search, speed up support and lift conversions as Nykaa, Amazon and quick commerce rivals close in

Payments firms build AI commerce rails, but ecom platforms stay guarded

Payments companies are building rails for autonomous AI-led shopping, but ecommerce platforms remain wary of losing control over discovery, recommendations and margins

Cashfree Payments offers zero payment gateway fees to woo new merchants

Cashfree Payments will waive gateway fees on the first Rs 20 lakh of GMV for new merchants as it aims to double its SMB base to 2 million by the end of FY27

GitHub Sponsors crosses $100 mn milestone as corporate funding accelerates

GitHub Sponsors has crossed $100 million in contributions, with corporate sponsorships driving faster growth and supporting more than 70,000 open-source maintainers worldwide

AI travel startup 30 Sundays raises $6.7 million in Bessemer-led round

The company, which uses conversational AI to plan and book overseas holidays, will use the funds to expand into new markets and grow its engineering team

Scapia rolls out maiden ₹20 crore ESOP buyback, two months after fundraise

The travel fintech startup will allow eligible employees to monetise up to 10 per cent of their vested stock options after raising $63 million in a Series C funding round

Plazza secures $15 million to expand AI-powered medicine delivery

Accel, Elevation Capital and Nexus Venture Partners co-led the Series A round as Plazza expands its AI-powered pharmacy network and inventory intelligence platform

Rize raises $31 mn to grow sustainable rice platform across Southeast Asia

BNP Paribas Asset Management Alts led the Series B round as Rize expands exports, develops AI tools and scales carbon initiatives across Vietnam, Indonesia and other markets

Groyyo raises ₹90 cr to expand AI-powered fashion supply-chain platform

Cornerstone Ventures led the first close of Groyyo's Series B round as the startup plans to expand globally, strengthen its manufacturing network and invest in AI capabilities