Quick Service Platform Snabbit Ropes in Abhinav Ankur as CBO
Snabbit, the on‑demand home‑services app founded in 2024, has hired former OYO and WheelsEye executive Abhinav Ankur as Chief Business Officer to steer its next growth phase. The move comes as the company reports 1 million orders in March, positioning it alongside rivals like Urban Company’s InstaHelp. India’s home‑services market is valued at over $60 billion and is projected to grow at an 18‑22% CAGR through FY30. Snabbit is also preparing a $50‑60 million funding round to accelerate expansion.
Polaris Raises $80 Mn From British International Investment
Polaris Smart Metering Private Ltd secured Rs 710 crore (approximately $80 million) in financing from British International Investment for its subsidiary Hooghly Smart Metering. The capital will fund the deployment of more than 2.2 million smart electricity meters in West Bengal, expanding the company’s...
Men’s Personal Care Brand Unbound Raises Rs 8 Cr Led by Fireside Ventures
Men’s personal care brand Unbound announced it has raised ₹8 crore (approximately $960,000) in a round led by Fireside Ventures. The capital will be used to launch its inaugural line of skin, hair and body care products tailored for modern Indian...
Ola’s Krutrim AI Assistant Kruti Inaccessible Across Web and App Stores
Ola’s AI arm Krutrim has taken its consumer‑facing assistant Kruti offline, removing the app from stores and disabling its web portal. The outage comes without any official comment from Ola or Krutrim, leaving users unable to book cabs, pay bills...
Cohoma Coffee Raises Rs 5 Cr Seed Round Led by IPV
Cohoma Coffee, a specialty coffee roaster and machine maker founded by Kanika and Paritosh Birla, closed a Rs 5 crore (approximately $0.53 million) seed round led by Inflection Point Ventures with participation from Swishin VC. The funding will be deployed to expand its...
Aliste Technologies Raises Rs 30 Cr in Pre-Series A Led by Big Global JSC
Aliste Technologies, an Indian energy‑management and IoT startup, announced a Rs 30 crore ($3.2 million) pre‑Series A financing round led by Big Global JSC, with participation from YourNest VC and HBeon Labs. The capital, a mix of equity and debt, will be deployed...
Pentathlon Ventures Leads Rs 17 Cr Seed Round in Industrial AI Startup Intellithink
Intellithink, an industrial AI startup founded in 2017, secured a Rs 17 crore (~$2.0 million) seed round, with Pentathlon Ventures contributing Rs 6.5 crore (~$0.78 million). The funding will fuel expansion across India and the Middle East and accelerate commercialization of its AI‑driven predictive‑maintenance platform, Intellivibe....
IndiGo Picks Stake in Sarla Aviation, Eyes Flying Taxi Market
IndiGo, through its venture arm, has taken a roughly ₹10 crore ($1.2 million) equity stake in Bangalore‑based eVTOL startup Sarla Aviation. The investment positions IndiGo to enter the electric flying‑taxi market with Sarla’s six‑passenger “Shunya” aircraft, slated for a 2028 launch in...
Peyush Bansal Admits Lapse in Lenskart’s Grooming Policy; Says No Curbs on Religious Symbols
Lenskart founder Peyush Bansal issued a statement on X denying that the company restricts employees from wearing religious symbols after a purported grooming policy went viral. He clarified that the circulating document was outdated, does not reflect current guidelines, and...
Proptech Startup Helium Raises Angel Funding From Albinder Dhindsa, Kunal Shah, Others
Helium, a proptech startup that rents out apartments in gated societies, announced an angel round of ₹5 crore (about $600,000). The round was led by Indian startup veterans Albinder Dhindsa, Kunal Shah and other founders. The capital will be used to...
Indian Startup ESOP Buybacks in Q1 2026 Beat 2024 and 2025: $2 Bn Liquidity Since 2020
Indian startup ESOP buybacks surged in Q1 2026, reaching roughly $220 million across seven firms—already exceeding the full‑year totals of 2024 ($190 million) and 2025 ($75 million). Since 2020, cumulative buybacks have approached $2 billion, underscoring a renewed liquidity push after a dip post‑2022. Leading...
TraqCheck Raises $8 Mn Series A Led by IvyCap Ventures
TraqCheck, an AI‑driven HR enterprise startup, announced an $8 million Series A round led by IvyCap Ventures with participation from IIFL. The capital will fund the company’s push into European markets, enhance its AI‑agent suite, and accelerate go‑to‑market efforts for enterprise clients....
Leegality Crosses Rs 80 Cr Revenue in FY25, Profit Jumps over 2X
Leegality, the Gurugram‑based digital documentation and e‑signature platform, posted FY25 revenue of Rs 81.1 crore (≈$9.8 million), a 2.4‑times increase from FY23. Operating revenue grew 30% YoY to Rs 81.08 crore, while total revenue reached Rs 86.6 crore including other income. Profit surged to Rs 3.7 crore (≈$445 k), more...
Emergent Launches VibeCon India, Offers Direct YC Interview to Winning Team
Emergent is launching VibeCon India, a high‑signal AI hackathon in Bengaluru on April 16‑17, after filtering more than 20,000 applicants. The event offers winners a direct interview with a Y Combinator partner and cash prizes, plus mentorship and credits from top...
Cashfree Payments Appoints Sameer Gandhi as CFO
Cashfree Payments has named Sameer Gandhi as its chief financial officer, tapping more than two decades of experience from Visa India, Vodafone, and ING. Gandhi will steer the firm’s financial strategy toward higher operational efficiency and stronger revenue planning as...