Page 4 - Start Ups

Edtech firm Aakash seeks RBI clarity on funding used in rights issue

Edtech firm Aakash had approached National Company Law Tribunal (NCLT) in the interest of all stakeholders, as it was unable to utilise the funds received from TLPL

Moxie Beauty raises $15 mn in Series A led by Bessemer Venture Partners

The fast-growing haircare brand plans to expand product development and distribution as demand rises for India-specific, salon-grade formulations

Licious crosses ₹100 crore monthly revenue mark for the first time

Omnichannel expansion and repeat demand fuel the meat retailer's post-pandemic growth rebound

Sisir Radar bags $7 million Series A to launch India's private SAR by 2026

Kolkata-based Sisir Radar has raised $7 million in a Series A led by 360 ONE Asset. It is targeting India's first private L-band SAR satellite launch by 2026 for 24/7 imaging

SPF plans to work with govt to retain, draw deeptech talent back to India

The Startup Policy Forum is working with the government on a scheme to retain and bring back high-tech talent, while deeptech start-ups seek fixes to procurement rules and certification delays

Saviynt raises $700 mn Series B at about $3 bn valuation; KKR leads round

Saviynt has raised $700 million in Series B funding at a $3 billion valuation, led by KKR, to speed up product development, AI capabilities and deeper integration with hyperscalers, software platforms

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