Page 2 - Start Ups

Elecbits secures $5.5 million to boost electronics design and manufacturing

Elecbits has raised $5.5 million in a Series A round led by Nexus Venture Partners, with SE Ventures and Riverwalk Holdings, to scale its AI-powered Elecbits XOR platform

BYT Capital launches ₹180 crore deep-tech fund to back frontier innovation

BYT Capital has launched a ₹180 crore Category II AIF focused on deep-tech, targeting 18-20 startups with ₹3-6 crore initial cheques and a 55 per cent follow-on reserve

Global fintechs bet on India's prepaid forex cards as travel demand surges

Global fintechs like Revolut and Wise are lining up multicurrency prepaid forex cards for booming outbound traveller base, offering lower markups, wider acceptance, smoother cross-border transactions

Indian Angel Network announces final close of $100 million fund

Since its launch, the fund has already invested in 10-12 startups, with several being led by first-generation founders in Tier-II and Tier-III cities, according to the firm

Fintech firm Fibe raises $35 million from IFC in Series F funding

The Series F investment comes about 18 months after the Pune-based company raised $90 million in a Series E funding round led by TR Capital, Trifecta Capital, and Amara Partners

Fintech Skydo set to expand to US after $10 million Series A round

The Bengaluru-based company is targeting US-based small and medium businesses (SMBs) as part of its expansion plan

India's quick commerce bubble may be close to bursting, warns Blinkit CEO

Global investors including SoftBank, Temasek. and West Asian sovereign funds have poured billions into the sector, making it the world's most closely watched experiment in rapid deliveries

Ecom firms eye the next 500 million shoppers, chase Meesho's playbook

The Indian consumers' focus on value has pushed Amazon to develop tools such as value dashboards and gamified in-app experiences - innovations now being adopted in other markets

Emergent secures strategic investment from Google's AI Futures Fund

Agentic vibe-coding platform lets anyone build professional software, no coding skills required

Quick commerce unicorn Zepto converts to public company ahead of IPO

The Bengaluru-based qcom company, which is likely to go public next year, is expected to file its draft red herring prospectus soon

Dream Sports open-sources core stack under Dream Horizon to aid scale

Dream Sports' Dream Horizon will release its in-house tech stack-tested at peak scale-to help developers and startups build large systems, as the company refocuses after the real-money gaming ban

Navi aims to become a major UPI player as it scales credit line offerings

Rajiv Naresh, MD and CEO, Navi, says the fintech aims to capture a significant share of the UPI ecosystem by investing in credit line products, strengthening tech infra, and customer awareness

Arctus Aerospace raises $2.6 mn to build high-altitude, unmanned aircraft

Arctus Aerospace has secured $2.6 million in pre-seed funding to build long-endurance, high-altitude unmanned aircraft aimed at delivering affordable, real-time, high-resolution Earth intelligence

Mirana Toys raises ₹57.5 crore Series A funding to scale production

Mirana Toys has secured ₹57.5 crore in Series A funding to set up a new factory, expand design and sales teams and meet rising domestic and global demand for smart and educational toys

Offline, ecom, qcom platforms witness surge in N95 masks, purifier sales

Toxic air levels across northern India are pushing consumers to stock up on N95 masks, home and car air purifiers, driving a major surge in sales across e-commerce, quick commerce, and offline stores

Tech firm LightSpeed Photonics raises $6.5 mn in round led by Pi Ventures

Startup's optical interconnects technology speeds up data transfer while lowering powering consumption

Mahanagar Gas backs EV push, leads ₹120 crore funding round for 3ev

Investment marks the gas distributor's first major bet on electric mobility as 3ev expands manufacturing and charging services

PayU India nears breakeven in H1 FY26 as Prosus backs profitable growth

Prosus says PayU India is sharpening its focus on higher-margin services, improving cost discipline, and leveraging payments, VAS, and SaaS to move towards sustainable profitability in H1 FY26

Wealthy secures ₹130 cr in funding led by Bertelsmann India Investments

The Series B round led by Bertelsmann India Investments will help expand Wealthy's AI platform and support MFDs who still rely heavily on manual processes

Spacetech major Agnikul raises $17 mn in funding round at $500 mn valuation

The company will use this capital in scaling production units of aerospace and rocket components and advance its stage-recovery programme