Page 15 - Start Ups

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

Logistics startup Delhivery boosts capacity with Gateway Hub expansion

Logistics firm Delhivery expands its Chandigarh hub to increase storage capacity by 30 per cent and add green and automated systems to serve northern India more efficiently

Startup Fabheads raises $10 mn to automate composite manufacturing

Accel leads Series A as Fabheads aims to modernise carbon fibre production; eyes aerospace and clean energy sectors

MakeMyTrip raises $3.1 bn in APAC's biggest equity-bond deal since 2022

MakeMyTrip raises $3.1 billion via equity and convertible notes to reduce Trip.com stake below 20 per cent, marking APAC's largest concurrent offering since 2022

Krutrim acquires BharatSah'AI'yak to expand AI footprint in public sector

The Bhavish Aggarwal-led startup integrates Samagra's AI platform and team to expand vernacular, government-focused AI tools across education, agriculture, and citizen services

'Much-needed relief': Startups on Sebi reforms relaxing ESOP norms

The ease in norms from the Securities and Exchange Board of India (Sebi) comes at a time when multiple Indian startups such as PhonePe, Zepto, Pine Labs

Amazon steps up anti-counterfeit drive in India with AI and policing

India is a focal point in Amazon's global brand protection strategy, using AI tools, stricter seller checks and law enforcement partnerships to fight counterfeits

Magicfleet crosses 1 mn monthly deliveries, targets 2 mn by FY26-end

Magicpin's logistics arm Magicfleet reaches one million monthly deliveries and sets its sights on two million monthly orders by FY26 while expanding across metro cities

Spacetech startup GalaxEye to build second satellite with 0.5 m resolution

The satellite has near 0.5 metre resolution for quality insights needed in defence and other critical sectors. GalaxEye's first satellite, Mission Drishti, is scheduled for launch later this year

Urban Company swings to profit ahead of planned IPO as revenue jumps 38%

Home services platform posts ₹240 crore profit in FY25, driven by tax credit and strong user retention