Page 13 - Start Ups

Zango raises $4.8 mn to scale AI-native compliance tools, expand teams

Zango, which helps financial firms stay audit-ready with AI agents, will use its $4.8 million seed funding to grow teams in London and Bengaluru and build new product modules

Swiggy unveils '99 Store' for budget-friendly meals in 175 cities

The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options

Grammarly acquires startup Superhuman in AI productivity platform push

Superhuman, once an exclusive email tool boasting a long waitlist for new users, was last valued at $825 million in 2021, and currently has an annual revenue of about $35 million

AppsForBharat raises ₹175 crore Series C to scale Sri Mandir platform

AppsForBharat secures ₹175 crore in Series C funding to deepen digital temple services, expand into 20 towns, and enhance AI-driven devotional experiences

Aukera raises $15 million to expand lab-grown diamond jewellery brand

With $15 million from Peak XV and others, Aukera plans to grow its lab-grown diamond brand as India's $350 mn market sees 15 per cent annual growth

Eggoz raises $20 mn in series-C funding to scale India's branded egg biz

Startup targets fragmented market where over 90 per cent of eggs are sold loose, seeking to build consumer trust through quality and traceability

Ascendas Firstspace looking to enter qcom logistics warehousing mkt

Warehouses or dark stores larger than 3,000 sq ft would lead to longer time durations for quick commerce deliveries, affecting the business cases for players like Blinkit, Zepto, Instamart and others

Tech startup ramp up hiring as funding winter warms up, shows data

The tech startups cohort, overall, has moved from a closing headcount of 2.5 lakh in FY21 to 5.9 lakh in FY25, registering a collective 7.1 lakh gross hiring count during the five years

Dubai taps Indian talent as it races to be global AI capital by 2031

As part of its goal to become the AI capital by 2031, Dubai is inviting Indian startups, entrepreneurs and professionals to accelerate its digital and tech transformation

Zomato's Goyal launches LAT Aerospace; eyes regional flying segment

LAT Aerospace aims to make flying affordable with compact STOL aircraft and air-stops, connecting underserved regions and unlocking India's aviation potential

Startups use AI, omnichannel push to expand globally, reach deeper locally

A report by Meta in collaboration with Alvarez & Marsal India outlines six key strategies fueling scale, as young firms expand globally and deepen domestic reach

Zilo raises $4.5 million to expand fashion delivery beyond Mumbai

Fashion-tech platform Zilo will use the funding to build its supply chain, expand to other top-tier cities and grow its catalogue to 250 brands by the festive season

Training, secure supply chains key to success of circular startups: Report

Circular startups are businesses that are designed from the start to reduce waste, reuse materials, and make efficient use of natural resources

Aseem Infra to raise ₹2,500 crore in FY26, reduce bank funding share

NIIF-backed Aseem Infrastructure Finance plans to raise ₹2,500 crore via market and external borrowings in FY26, focusing on green finance and loan book expansion

AI-startup ShopOS raises $20 million from Binny Bansal-led 3STATE Ventures

The AI-powered platform plans to use the capital to grow its engineering team, enhance product development, and expand its global base of e-commerce brand partners

Pine Labs plans ₹2,600 cr IPO; Peak XV, PayPal to trim stakes

Pine Labs files DRHP to raise ₹2,600 crore via fresh issue and OFS; proceeds to repay debt, expand globally, and invest in tech and digital checkout

India's digital economy is primed for significant expansion: Bessemer

Titled "Click, Watch, Shop: The Consumer Opportunity in India," the report outlines how a convergence of technological advances, demographic shifts, and favorable policy developments

Rapido offers metro ticketing in Delhi, sells 10K tickets per day

Rapido users in Delhi NCR can now book metro tickets via the app through a DMRC and ONDC tie-up, with Rs 25 fixed-fare rides and first ride offers to metro stations

Data analytics firm Tredence bets on GenAI to fuel growth over next 5 yrs

Backed by Advent International and Chicago Pacific Founders, Tredence raised about $205 million in two founding rounds till 2022

Evera Cabs secures $4 mn from Mufin Green Finance to speed up EV expansion

Homegrown EV cab firm Evera secures funding from Mufin Green Finance to double airport reach, scale operations with BluSmart fleet acquisition and new growth targets