Page 14 - Start Ups

Nykaa expects Q1FY26 consolidated net revenue to grow by around mid-20%

FSN E-Commerce projects Q1 FY26 revenue growth in the mid-20% range, led by strong performance in the beauty vertical, while fashion shows sequential improvement

Visioning expansion: IPO-bound Lenskart sets sights on AI glasses

The investment gives Lenskart access to Ajna's XR and AI tech as it plans to launch consumer-focused smart eyewear and raise $1 billion at a $10 billion valuation

India launches initiative to identify top 100 deep-tech startups

The #100DesiDeepTechs initiative, in partnership with Startup India, MEITY Startup Hub, and IIT Madras, aims to identify and support India's top deep-tech startups, fostering policy dialogue

Oyo's DanCenter to add 250 premium vacation homes across India in FY26

Oyo's European brand DanCenter currently operates in 9 states and UTs and aims to expand into Telangana and the North-East, focusing on upscale and niche travel segments

Matter Motor Works hunts for new tech as rare earth stocks deplete

Matter Motor's COO, Arun Pratap Singh, discusses the company's approach to tackling supply disruptions caused by rare earth magnet shortages and its plans to explore alternative technologies

GobbleCube raises $3.5 million to expand AI tools for consumer brands

InfoEdge Ventures leads Pre-Series A round as GobbleCube targets growth in hyperlocal commerce with AI-driven solutions for top consumer brands

Luma Fertility raises $4 mn in seed funding led by Peak XV's Surge

Luma Fertility, a Mumbai-based fertility health-tech startup, raises $4 million in seed funding to expand its services in Mumbai and beyond, with participation from Ameera Shah and Vijay Taparia

Gamezop expands to Bahrain, targets $6 million additional revenue

The Indian parent plans to invest $4 million to ramp up operations, hire local talent, and explore inorganic growth opportunities, including acquisitions

Runs to returns: How Virat Kohli is building a robust portfolio

With over 13 startups in his portfolio, the cricketer's off-field innings is as strategic as his on-field game

RDI scheme a major boost for R&D and deep-tech in India: Industry

With a two-tiered financing structure, the new RDI fund will support deep-tech ventures through the ANRF and aims to attract global talent and long-term capital

Beauty unicorn Good Glamm Group struggles to pay staff amid cash crunch

The Mumbai-based company has delayed employee salaries while seeking new funding, as three board directors from major VCs recently departed

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