Business

Lucira Raises $5.5M to Redefine Fine Jewellery with Lab-Grown Diamonds and Design-First Luxury

India’s fine jewellery market is getting a modern, sustainable makeover—and at the heart of it is Lucira, a design-first jewellery brand that’s betting big on lab-grown diamonds and recycled gold. The startup has just raised $5.5 million in its maiden seed funding round, led by Blume Ventures with participation from Spring Marketing Capital, SiriusOne Capital Fund, and a group of prominent…
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Startup

From WhatsApp to $500M Payments: PeLocal Bags $5M to Redefine Fintech

PeLocal’s $5 Million Power Move India’s fintech scene just scored another big win. Chennai-based PeLocal, a rising fintech startup, has raised $5 million in a Series A round led by UNLEASH Capital Partners and Unicorn India Ventures, with support from top angel investors. This comes less than a year after PeLocal’s previous $2 million raise in October 2024, showing investor confidence in its…
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Startup

Gameskraft Collapse: 120 Jobs Lost After India’s Shock Gaming Ban

India’s Gaming Industry Faces Its Biggest Test Yet India’s booming online gaming sector has hit a wall. Just weeks after the Promotion and Regulation of Online Gaming Act, 2025 banned real-money gaming nationwide, one of the industry’s biggest names, Gameskraft, has been forced to pull the plug on its operations. The Bengaluru-based company announced on Thursday that it is laying off 120…
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Startup

How This Climatetech Startup is Turning Crop Waste Into Carbon Gold While Empowering 150,000 Farmers

Equilibrium Raises $3 Million to Supercharge Carbon Removal in India In a major boost for India’s fight against climate change, climatetech startup Equilibrium has raised $3 million to expand its multipathway carbon removal projects. The company is taking a unique approach: blending carbon science, digital monitoring tools, and grassroots partnerships to cut emissions while improving farmer…
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Startup

Darwinbox Expands ESOP Pool with $21 Million Boost — Employees Set to Gain Big

India’s booming HR tech space just got its latest headline moment. Darwinbox, the Hyderabad-based HR management platform, has announced an expansion of its employee stock option plan (ESOP) worth over $21 million (Rs 186.6 crore). With this move, Darwinbox has not only rewarded its employees but also signaled its intent to double down on building long-term ownership culture across the…
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Startup

IFC to Invest $25 Million in Trifecta Capital’s Fund IV to Boost Indian Startups

IFC Commits $25 Million to Trifecta Capital’s Latest Fund The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is preparing to invest up to $25 million in Trifecta Capital’s Fund IV, its fourth venture debt fund. This investment underscores IFC’s commitment to mobilizing private capital and strengthening India’s startup ecosystem, while also backing…
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Startup

PlaySuper Raises $1M to Redefine Gaming Rewards in India and Southeast Asia

PlaySuper Secures $1 Million to Power Gaming Rewards Indian gaming commerce startup PlaySuper has raised $1 million in seed funding to take its rewards-as-a-service model to the next level. The round was led by Singapore-based Chimera Ventures, with participation from Audacity VC, IAN Capital Fund, and Dhruv Vohra, Meta’s Managing Director for APAC Emerging Markets. With this capital boost…
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Startup

FinBox Raises $40M to Revolutionize Digital Lending for the Next Billion Indians

FinBox Secures $40 Million Series B Indian fintech startup FinBox has raised a massive $40 million in Series B funding to fuel its mission of transforming the country’s digital lending infrastructure. The round was led by WestBridge Capital, with continued backing from existing investors A91 Partners and Aditya Birla Ventures. The funding marks a major milestone in FinBox’s journey to build a…
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BusinessStartup

ISRO Chief Inaugurates OrbitAID’s Mega Spacetech Hub in Bengaluru – India’s Biggest Push Into Satellite Refueling

Bengaluru Gets a New Space Powerhouse India’s space sector just took another giant leap. OrbitAID Aerospace, a Bengaluru-based spacetech startup specializing in On-Orbit Servicing and Refueling (OOSR), has inaugurated a state-of-the-art R&D facility that promises to redefine satellite servicing. The new centre, spanning 6,500 sq. ft. and backed by an investment of over $2 million, will focus…
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Wiki

Bengaluru Traffic Nightmare Forces BlackBuck to Exit: CEO Slams Potholes, 90-Minute Commutes

Bengaluru’s Traffic Woes Claim Another Victim Bengaluru’s infamous traffic congestion has long been the subject of memes, rants, and policy debates. But now, it has pushed one of India’s leading logistics startups to move its office out of the city’s tech corridor. BlackBuck CEO and co-founder Rajesh Yabaji took to X (formerly Twitter) to announce that the company is exiting its Outer Ring…
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