Startup

DesignX Bags $2 Million to Revolutionize Factory Floors with AI-Driven Digital Factory OS

DesignX Secures $2 Million to Supercharge Smart Manufacturing Revolution Noida-based industrial tech startup DesignX just closed a $2 million pre-Series A funding round led by Rockstud Capital, with strong backing from We Founder Circle, Piper Serica, and some of its own clients. This fresh capital injection will fuel DesignX’s ambitious plans to expand aggressively across India and overseas…
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Startup

Indiqube’s IPO Buzz Fizzles: Lists 9% Below Issue Price Despite 12X Subscription — What Went Wrong?

Indiqube’s Stunning IPO Demand Turns Sour on Listing Day Indiqube, the hotly anticipated flexible workspace startup, kicked off its public market journey with a surprise: its shares debuted at Rs 216, a 9% discount to the Rs 237 IPO price — despite a massive 12X oversubscription during the offer. The Rs 700 crore IPO had investors lining up, with retail investors showing overwhelming…
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Startup

Zetwerk Founders Are Pumping Rs 600 Crore Into Their Own Company — Here’s What They Know That You Don’t

Zetwerk’s Co-Founders Bet Big on Themselves with Rs 600 Crore Injection Ahead of IPO In a rare and bold show of confidence, Zetwerk’s co-founders are putting their own money on the line — to the tune of Rs 600 crore — as the company gears up for its highly anticipated IPO. Documents accessed by Entrackr reveal that the IPO-bound B2B e-commerce unicorn is raising the amount via a special…
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Startup

This Fintech Startup Just Made Its Early Employees Rich — And It’s Only 5 Years Old

Decentro’s Big Payout: Early Employees Score 10X Returns in Rare ESOP Buyback While most startup employees are still waiting for that elusive equity payday, the early team at Decentro is cashing out — big time. The five-year-old fintech, best known for building India’s API banking and data infrastructure rails, just rewarded its foundational team with a massive ESOP buyback after hitting a…
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Startup

This Tiny Startup Just Raised $500K to Kill Legacy Billing — And It’s Gunning for the AI Gold Rush

Meet Flexprice: The Open-Source Startup That’s Coming for Stripe’s Lunch In a world where every SaaS company is slapping “AI” onto their product, one big question remains:How the hell do you bill for it? Enter Flexprice, the open-source billing platform purpose-built for the wild west of AI and agentic startups. They just raised $500,000 in pre-seed funding, and they’re not here to play…
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Startup

NCLT Ahmedabad Moves Against BluSmart: Electric Vehicle Startup Faces Insolvency Over ₹15 Crore Debt Default

NCLT Ahmedabad Initiates Insolvency Proceedings Against BluSmart The National Company Law Tribunal (NCLT), Ahmedabad, has admitted insolvency proceedings against BluSmart Mobility, the Gurugram-based electric vehicle ride-hailing startup. This comes after a creditor petition filed by Catalyst Trusteeship, marking a major setback for the ambitious EV player. Why Is BluSmart Under…
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Startup

Bhavish Aggarwal’s AI Startup Krutrim Shocks Industry with 100 Layoffs Just Months After Hiring Spree

Bhavish Aggarwal’s Krutrim Cuts 100 Jobs Amid Turmoil — What Went Wrong? Just six months after making a big hiring push, Bhavish Aggarwal-founded AI startup Krutrim has laid off around 100 employees—sending shockwaves through India’s booming AI ecosystem. The layoffs hit the linguistics division hardest, raising questions about the startup’s future direction and funding. Who Got…
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Startup

Vadodara’s Genexis Biotech Raises ₹4 Crore Seed Funding to Revolutionize Protein Production in India

Vadodara-based biotech startup Genexis Biotech has successfully raised ₹4 crore in a seed funding round, signaling strong investor confidence in its innovative approach to protein manufacturing. The company aims to bridge a critical gap in India’s biotech sector by producing high-quality, animal-origin-free proteins at scale—a game changer for industries like biopharma, food-tech, and life…
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Startup

Flipkart’s Sachin Bansal-Backed Navi Secures ₹170 Crore Debt Funding to Boost Lending Power

Navi Technologies—founded by Flipkart co‑founder Sachin Bansal—has just raised ₹170 crore (about $20 million) in debt financing. This strategic capital infusion, led by PhillipCapital along with several co-investors, marks a key milestone as Navi strengthens its lending operations and prepares for wider growth. Who’s Involved? PhillipCapital emerges as the lead investor with ₹120…
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Startup

Lenskart’s Power Shuffle: INDmoney’s Ashish Kashyap and PaySense’s Sayali Karanjkar Join Board as SoftBank’s Sumer Juneja Steps Down

Lenskart, the $6.1 billion eyewear giant gearing up for its IPO, has just made a major move in its boardroom — and it’s raising eyebrows across the Indian startup world. SoftBank’s Sumer Juneja has officially stepped down from the board, while two new heavy-hitters are stepping in: Ashish Kashyap, founder of INDmoney and former CEO of Ibibo Group, and Sayali Karanjkar, co-founder of digital…
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