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 to deepen research on energy‑focused solutions and broaden the distribution of its enterprise offerings. Aliste currently oversees more than 150,000 IoT assets in over 20 cities, tracking roughly 3 million units of energy consumption each month. The company says its platform can cut commercial energy bills by up to 20% and has saved about 328,000 kg of CO₂ monthly.
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 He clarified that the circulating document was outdated, does not reflect current guidelines, and...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...
Shortgun Games Acquires 30% Stake in GiantDot
Shortgun Games has bought a 30% equity stake in creative studio GiantDot, linking its game development pipeline with GiantDot’s storytelling, visual identity, and motion‑graphics expertise. The collaboration will embed narrative and design considerations from the earliest stages of production, rather...
Dairy and Ice Cream Brand FruBon Raises Funding From Fireside, Others
FruBon, the dairy and ice‑cream brand of Dev Milk Foods, has secured a new, undisclosed funding round led by Fireside Ventures, Narotam Sekhsaria Family Office and several angels. The Jaipur‑based startup previously raised a $10.5 million Series A (≈₹64.1 crore) co‑led by Fireside...
Smart Garage Raises Rs 2.4 Cr in Pre-Series A Round
Smart Garage, an AI‑driven auto‑service marketplace, closed a pre‑Series A round raising Rs 2.4 crore (about $290,000). The startup aims to raise a total of Rs 15 crore (~$1.8 million) to fund expansion and hit an Rs 80 crore (~$9.6 million) revenue run‑rate by FY27. Proceeds will enhance...
Swiggy Co-Founder Nandan Reddy Exits; Phani Kishan, Rahul Bothra Elevated to Board
Swiggy announced a board overhaul on April 10, 2026, with co‑founder Nandan Reddy exiting to pursue independent ventures. Chief Growth Officer Phani Kishan and Group CFO Rahul Bothra were elevated to Executive Director roles, gaining board seats. Prosus Ventures’ nominee...
BIDSO Raises Rs 63 Cr in Series A Round Led by Blume Ventures
BIDDO, a design‑first manufacturing platform for toys and consumer goods, closed a Rs 63 crore ($6.8 million) Series A round led by Blume Ventures, with participation from Peer Capital, Sadev Capital and Alteria Capital. The capital will fund an IP‑led product pipeline, global expansion...
Bijak’s GMV Drop 25% to Rs 551 Cr in FY25; Losses Stand at Rs 61 Cr
Indian B2B agritech platform Bijak reported a 25% decline in gross merchandise value to Rs 551 crore (≈$66 million) for FY25, down from Rs 732 crore the previous year. Despite cutting expenses, the company’s net loss widened 11% to Rs 61 crore (≈$7.3 million). Commodity...
RBI Proposes 1-Hour Delay for UPI, IMPS Transfers Above Rs 10,000
The Reserve Bank of India has floated a discussion paper proposing a mandatory one‑hour cooling period for person‑to‑person UPI and IMPS transfers exceeding ₹10,000 (about $120). The delay targets high‑value P2P payments while merchant transactions remain instant, and a whitelisting...
ONDC Appoints Vibhor Jain as MD & CEO
ONDC announced Vibhor Jain as its Managing Director and Chief Executive Officer, effective April 7, 2026. Jain, previously the Chief Operating Officer and acting CEO during a leadership transition, now assumes full‑time control of the government‑backed open commerce network. The appointment follows...
Swageazy Raises Rs 5.4 Cr Follow-On Round Led by Info Edge Ventures
Swageazy, a corporate gifting platform, secured a Rs 5.4 crore (≈ $650,000) follow‑on round led by Info Edge Ventures, with participation from the founders of OnGrid and HROne. The funding will fuel expansion of its product and technology teams, boost sales, and deepen...
Exclusive: BRND.ME to Convert Into Public Company; Set to Raise Rs 300 Cr Debt
BRND.ME, the e‑commerce roll‑up formerly Mensa Brands, has approved a name change to Mensa Brand Technologies Limited, signaling its conversion to a public company ahead of an IPO slated for the next 12‑18 months. The board also authorized a Rs 300 crore...
US Emerges as Servify’s Largest Market in FY25 with Rs 400 Cr Revenue
Servify reported FY25 revenue of Rs 781 crore (~$94 million), a 16% year‑on‑year increase, with the United States becoming its largest market contributing Rs 400 crore (~$48 million), 51% of total revenue. White‑label protection plans drove 97% of income, growing 14% to Rs 758 crore....
Zerodha Rolls Out Fixed Deposits on Coin App
Zerodha has launched fixed‑deposit (FD) products on its Coin platform, partnering with Suryoday, Utkarsh and Unity Small Finance Banks. The service is fee‑free for investors, with Zerodha earning backend commissions from the banks. While FD distribution carries thin margins, the...
Bay Capital to Launch Digital Fund; Appoints Sandeep Barasia, Tej Kapoor as Partners
Bay Capital announced the launch of a Digital Opportunities Fund, a Category II Alternative Investment Fund aimed at backing high‑growth public and private digital companies in India. The firm appointed former Delhivery chief business officer Sandeep Barasia and ICICI Venture veteran Tej Kapoor as...
DAAKit Raises $138K in Pre-Seed Round Led by Inflection Point Ventures
DAAKit, a hyperlocal fulfillment and last‑mile logistics startup founded in 2024, closed a $138,000 pre‑seed round led by Inflection Point Ventures. The capital will fund the launch of 25 new dark stores across Tier I and Tier II Indian cities and bolster...
Astranova Mobility Raises Rs 60 Cr in Series A Led by IvyCap Ventures
Astranova Mobility, an Indian EV financing and asset‑management platform, closed a Rs 60 crore ($6.4 million) Series A round led by IvyCap Ventures, with participation from Asian Development Bank, Advantedge Founders and Trucks Venture Capital. The funding will boost the startup’s data, AI and...
VerSe Innovation Appoints Prasanna Prasad as CPTO
VerSe Innovation has named Prasanna Prasad as Chief Product and Technology Officer, tasking him with steering AI‑driven product and engineering initiatives across its portfolio, including Dailyhunt and Josh. Prasad arrives from Verve Group, where he led technology and AI product...
Honasa Sees over 20% Growth in Q4 FY26; Shares Jump 3% on Strong Outlook
Honasa Consumer Limited, the parent of Mamaearth, reported over 20% revenue growth for Q4 FY26 and expects late‑twenties growth overall. The flagship Mamaearth brand is projected to expand in the teens, while newer labels such as The Derma Co. and...
Atlas Raises $6 Mn in Seed Round Co-Led by Accel and Stellaris
Atlas, an AI‑led platform for independent accounting firms, secured a $6 million seed round co‑led by Accel and Stellaris Venture Partners. The funding will fuel expansion of its AI tools, grow its North American partner network, and accelerate go‑to‑market efforts. Founded...
Customer Interaction Platform Angoor AI Raises Pre-Seed Round Led by Venturizer
Angoor AI, an AI‑native customer interaction platform founded in 2023, closed a pre‑seed round of roughly $240,000 (Rs 2 crore) led by Venturizer, with several angel investors joining. The funding will fuel the build‑out of its enterprise sales team, expand product and...
Exotel Acqui-Hires Dubverse Core Team
Exotel has acqui‑hired the core team of voice‑AI startup Dubverse, bringing co‑founders Anuja Dhawan and Varshul Gupta into its ranks. The move follows Exotel’s $100 million funding history and a 10% revenue jump to ₹490.5 crore (≈$59 million) in FY25, turning a $37 crore...
Tarun Mathur Exits as CEO of Policybazaar Insurance Brokers, Sajja Praveen Chowdary Steps In
Tarun Mathur stepped down as CEO and principal officer of Policybazaar Insurance Brokers, effective April 7, citing personal commitments. The Insurance Regulatory and Development Authority of India approved Sajja Praveen Chowdary as his replacement, naming him CEO, principal officer and whole‑time director. Chowdary,...
KreditBee Enters Unicorn Club with $280 Mn Series E Round
KreditBee secured $280 million in a Series E round, lifting its post‑money valuation to $1.5 billion and making it the first FY27 unicorn in India. The round was led by Motilal Oswal Alternates, Hornbill Capital and MUFG‑backed Dragon Funds, with participation from WhiteOak,...
EV Mobility Startup Trev Mobility Raises Angel Round to Expand Across Delhi NCR
Trev Mobility, an app‑first premium EV ride‑hailing service, secured an angel round of roughly $440,000 (Rs 3.65 crore) from its user base, adding to a prior Rs 20 lakh seed grant. The funding will fuel fleet expansion beyond its current 100 electric vehicles across...
D2C Insider Super Angels Leads Pre-Seed Round in Kids Brand Filli & Me
Indian direct‑to‑consumer kids accessories startup Filli & Me announced a pre‑seed round of about ₹1.5 crore (≈ $180,000), led by D2C Insider Super Angels and other angels. The mixed equity‑debt funding will fuel product development, brand building, and expansion of its D2C...
Zepto Secures SEBI Approval for $1.3 Bn IPO
Zepto, the Indian quick‑commerce startup, received SEBI approval for a $1.2‑$1.3 billion IPO, targeting a July‑September 2026 launch. The offering will combine fresh equity with an offer‑for‑sale by early investors, allowing the firm to fine‑tune its structure confidentially. FY25 revenue jumped...
CRED Upgrades Kuvera for Affluent Investors
Fintech leader CRED has upgraded its wealth‑management platform Kuvera to better serve affluent investors. The revamp adds a behavioural framework that scores users on discipline, allocation and performance, aiming to improve long‑term compounding. A new "Surplus" feature lets idle cash...
Exclusive: Everstone and Others Inject $150 Mn Fresh Capital Into Wingify
Singapore‑based Everstone Capital and existing minority investors have injected roughly $150 million (Rs 1,381 crore) into Wingify through a rights issue, issuing 1.6 million shares at Rs 8,590 each. Everstone, which acquired a majority stake in January 2025, led the round with $135 million, while other...
Dam Good Fish Raises Strategic Funding at Rs 30 Cr Valuation
Dam Good Fish (DGF) secured a strategic funding round that values the Gurugram‑based startup at roughly Rs 30 crore (about $3.6 million). The capital will accelerate its AI‑driven demand‑to‑harvest system, expand cold‑chain infrastructure, and fund entry into Mumbai and Bengaluru. DGF’s model delivers...
Amazon to Cut Fresh Presence, Expand AmazonNow Across 10 to 15 Cities: UBS Report
Amazon plans to phase out its 4‑24‑hour Amazon Fresh service in 10‑15 major Indian cities, redirecting resources toward the ultra‑fast AmazonNow platform. The quick‑commerce offering, already live in six cities, is slated to expand to cover roughly 80% of the...
Satark AI Raises Pre-Seed Round at $4 Mn Valuation
Indian cybersecurity startup Satark AI announced a pre‑seed financing round using convertible notes from angel investors, setting a $4 million valuation cap. The round follows a prior convertible‑note raise at a $3 million cap in October 2025. Proceeds will fund structured pilots...
Exclusive: CoinDCX’s Product and Derivatives Revenue Heads to Exit
CoinDCX is experiencing a wave of senior‑level departures as SVP of Product & Design Sangeeth Aloysius and VP of Derivative Revenue Satyartha Srivastava entered their notice periods. Both executives joined the exchange in 2025, and their exits come amid a...
Spacetech Startup SatLeo Labs Raises $2.2 Mn in Seed Round
SatLeo Labs, a spacetech startup focused on thermal satellite data, secured a $2.2 million seed round led by Unicorn India Ventures, bringing its total funding to $5.5 million. The capital will accelerate the development of its TAPAS‑1 thermal payload and expand its...
Exclusive: Uppercase Raises Fresh Capital From Existing Investors
Uppercase, a Mumbai‑based direct‑to‑consumer luggage brand, secured fresh funding of ₹20 crore (approximately $2.4 million) from existing investors Accel India and Volrado Venture Partners. The round allocated 80,514 shares at ₹2,484 each, with each investor contributing ₹10 crore ($1.2 million). Uppercase’s valuation remains flat...
Myntra CEO Nandita Sinha to Step Down: Report
Flipkart‑owned fashion e‑commerce platform Myntra announced that CEO Nandita Sinha will step down in the coming weeks, ending her tenure that began in 2022. Her departure comes as the company posted an 18‑fold profit jump to roughly $66 million and 18%...
Aquapulse Raises Rs 25 Cr in Series A Led by NABVENTURES
Aquapulse, an aquaculture‑tech startup founded in 2022, secured Rs 25 crore (approximately $3 million) in a Series A round led by NABVENTURES’ AgriSURE Fund. The financing will expand its farmer network from 6,000 to over 15,000 across Odisha, Andhra Pradesh and West Bengal, build...
Gupshup India’s Profit Falls 52% Amid Flat Scale in FY25
Conversational AI platform Gupshup saw India revenue dip 5.3% to about $234 million in FY25, down from $247 million the prior year. Net profit slumped 52% to roughly $3.1 million, compared with $6.5 million in FY24. Miscellaneous expenses, largely fees to solution providers, remained...
Exclusive: Dhan Parent to Acquire Elevation Capital-Backed Infinyte Club
Raise Fintech Ventures, the parent of stock‑broking platform Dhan, is set to acquire wealth‑tech startup Infinyte Club in a 100% cash‑and‑stock deal valuing the company at roughly $13‑15 million. Infinyte, founded in 2023, raised over $3.6 million from Elevation Capital...
UPI Records Highest Monthly Transactions at 22.6 Bn in March
India's Unified Payments Interface (UPI) processed a record 22.64 billion transactions in March 2026, the highest monthly volume since its 2016 launch. Volume grew 24% year‑on‑year, while total transaction value rose to ₹29.53 lakh crore (approximately $356 billion). Daily averages edged up to 730 million...
Licious Reports Rs 1,166 Cr Revenue in FY26, Targets Rs 1,800 Cr for FY27
Licious posted FY26 net revenue of Rs 1,166 crore (≈ $140 million), a 47% year‑on‑year increase, propelled by strong online growth and expanding offline outlets. The company aims for Rs 1,800 crore (≈ $217 million) in FY27, focusing on deeper penetration of urban micro‑markets and scaling its dark‑store...
Xovian Aerospace Raises $2 Mn Led by Ashish Kacholia
Satellite RF intelligence startup Xovian Aerospace announced a $2 million strategic investment round led by Ashish Kacholia. The funding brings its total capital to $4.5 million, following a $2.5 million pre‑seed round last year. Xovian will use the new capital to accelerate satellite...