
Bengaluru‑based Turiyam.ai has closed a $4 million pre‑seed round led by Ankur Capital and Axilor’s Micelio Fund. The startup will accelerate development of a full‑stack AI inference platform that tightly integrates custom chips with optimized software. It is already piloting deployments with select enterprises and will expand R&D and commercial roll‑outs in India and abroad. The raise comes amid booming investor interest in AI infrastructure and semiconductor ventures across India.

PhonePe is positioning an IPO for FY27, with an April filing window being discussed, while investors scrutinize its path to sustainable profitability. The fintech’s latest filing shows a shift from consumer‑centric payments to a higher share of merchant transactions and...

Indian online travel aggregators EaseMyTrip and ixigo are issuing travel advisories as the Iran‑Israel conflict escalates into major combat operations, prompting Middle Eastern airspace closures. Both platforms urge customers to monitor airline updates, expect longer flight times, and remain flexible...

Innoviti, the Indian merchant‑facing fintech, closed its Series M round at ₹104 crore ($11.4 million), with both new backers and existing investors such as Bessemer Venture Partners and Patni Family Office doubling down. The capital will be used to reduce debt, boost sales...

Lemnisca, a Bengaluru startup, is launching a digital‑twin platform that models fermentation at industrial scale, merging microbial biology with physical process conditions. The hybrid model, paired with an in‑house wet lab, creates a feedback loop that refines simulations and cuts...

Inc42’s D2CX programme, a 12‑week accelerator for direct‑to‑consumer brands, concluded its sixth cohort featuring 40 founders across food, wellness, fashion and tech. The cohort joins a portfolio of over 300 D2C startups that have benefited from mentorship, operational guidance and...

Inamo, a quick‑commerce enablement startup, is raising ₹50 Cr (≈$5.4 M) in a Series A round at a pre‑money valuation of ₹110 Cr. The round is led by Five SB Limited with participation from Shastra VC, Antler and Gemba Capital. Funds will be used to scale...

Shiprocket, originally launched as KartRocket in 2012, has transformed into a full‑stack ecommerce enablement platform that now powers more than 4 lakh merchants, many from Tier II and III cities. The platform bundles shipping, checkout, returns, analytics and working‑capital services, leveraging AI...

Excitel Broadband co‑founder Vivek Raina announced his resignation, remaining a shareholder while planning to launch new ventures. The move follows the recent promotion of COO Varun Pasricha to CEO, effective March 2026. Since its 2015 launch, Excitel has expanded to...

Bengaluru‑based low‑carbon industrial startup Grevoro has closed a ₹43 cr (≈$4.7 mn) seed round led by the family offices of the Atha and Misra groups. The capital will be used to commercialise its manufacturing‑intelligence platform and satisfy net‑worth criteria for an NBFC...

PayU has launched the third edition of its inFINity accelerator, targeting 30 early‑stage fintech founders with a four‑week sprint that blends mentorship, direct capital pathways, and integration into PayU’s extensive merchant network. Building on two prior cohorts that supported over...

Supertails, a Bengaluru‑based pet‑care marketplace, lost its entire inventory when a fire engulfed three warehouses, including its own, on February 22. The blaze forced the company to cancel its flagship WTF Sale just after recording its highest ever revenue. Within...

India’s listed coworking operators have turned a profit in Q3 FY26, signalling a shift from pre‑IPO scepticism to financial stability. WeWork India posted a ₹16.8 Cr PAT and 29% revenue growth, while Awfis and Smartworks reported 43% profit growth and a...

Bengaluru-based low‑carbon industrial manufacturing startup Grevoro raised ₹43 Cr (≈$4.7 M) in a seed round from the family offices of the Atha and Misra groups. The funding will help make its manufacturing intelligence platform production‑ready and support its pursuit of an NBFC...

AI-native preconstruction startup MeltPlan announced a $10 million seed round, led by Bessemer Venture Partners with participation from noa. Founded in 2025 by former Innovacer CPO Kanav Hasija and ex‑DPR Construction executive Tanmaya Kala, the company builds AI agents that understand...

BRND.ME, the Indian e‑commerce unicorn formerly known as Mensa Brands, secured NCLT approval to redomicile from Singapore to India, completing a reverse flip within ten months. The restructuring consolidates its seven Indian entities under a single holding company and positions...

AI-native preconstruction startup MeltPlan announced a $10 million seed funding round led by Bessemer Venture Partners, with participation from European early-stage tech investment firm noa. The capital will be used to develop its AI-driven planning engine and expand its SaaS...

Ecommerce unicorn BRND.ME completed a reverse flip, merging its Singapore entity Mensa Singapore into its Indian holding Mensa India after NCLT approval on February 20. The merger consolidates seven Indian group entities under Mensa India, positioning the company for an...
Myelin Foundry, an AI startup, announced it has raised ₹48 crore in a funding round led by corporate investor ASM Technologies. The capital will be used to accelerate product development and market expansion.
Peptris, an AI-driven drug discovery startup, announced a fresh funding round of ₹70 crore to expand its pipeline and accelerate preclinical programs. The capital will be used to scale its AI-led platform and advance its drug discovery efforts. The raise...
Qualcomm has announced a $150 million investment fund targeting Indian artificial intelligence startups. The initiative aims to support AI innovation in India and strengthen Qualcomm's presence in the region.
Semiconductor startup Vervesemi announced a $10 million financing round aimed at scaling the commercialisation of its product. The funding will support production ramp‑up and market expansion. Details on investors and round stage were not disclosed.
EaseMyTrip announced plans to raise ₹500 crore to fund its non‑core business segment, aiming to support expansion and diversification. The fundraising round is expected to be led by undisclosed investors.

India-based fraud detection startup IDfy announced a ₹476 Cr (≈$52.5 Mn) Series F funding round, led by Neo Asset Management with participation from Blume Ventures, Analog Capital, Elev8, IndiaMART and Kae Capital. The capital will fund strategic acquisitions, international expansion and product...
Sleeptech startup DUSQ announced a ₹24 crore funding round to support its entry into the US market. The capital will be used for product development, marketing, and distribution as the company expands internationally. Details of the investors were not disclosed.