Bengaluru-based wearable tech startup Ultrahuman has had a blockbuster year. After growing its revenue more than 15X between FY22 and FY24, the company has pulled off yet another leap — reporting a 5X year-on-year surge in FY25.
For the fiscal year ending March 2025, Ultrahuman’s revenue from operations soared to Rs 565 crore (up from Rs 105 crore in FY24), while net profit touched Rs 73…
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…
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…
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…
In a significant development for India’s startup ecosystem, Kavin Bharti Mittal, founder and CEO of Hike, announced the complete shutdown of the company. The decision comes in the wake of the Indian government’s ban on real-money gaming (RMG), a move that has disrupted business models across the gaming and digital entertainment sectors.
In a heartfelt post on LinkedIn, Mittal reflected on…
MyNaksh, an innovative astrology platform aimed at delivering deeply personalized experiences, has raised Rs 7.5 crore in a pre-seed funding round. The round was led by Eximius Ventures and Gemba Capital, with participation from a curated network of angel investors and operators, including Infinyte Club. The investment will enable the startup to further develop its AI-driven platform and expand…
A New Chapter for a Rising VC Fund
In the fast-paced world of startups and venture capital, branding isn’t just about logos or names—it’s about identity, vision, and purpose. That’s exactly what Dhruv Dhanraj Bahl, former COO of BharatPe, had in mind when he decided to give his VC fund, Eternal Capital, a fresh new identity.
Say hello to Sadev Ventures—a rebrand that marks not just a…
CredRight, a Hyderabad-based NBFC (Non-Banking Financial Company), has just raised $10 million in Series B funding to support India’s smallest business owners — the ones who power local economies but often get overlooked by traditional banks.
This funding round was led by Abler Nordic, a global impact investor making its first move from its new Fund V. Existing backers Michael & Susan Dell…
In a jaw-dropping twist that’s shaking up India’s business scene, Chintan Thakkar — the mastermind CFO behind Info Edge’s meteoric rise — has just dropped a bombshell: he’s quitting his cushy corporate throne to become the new Group CEO at IAN Group, one of India’s hottest venture capital firms! And this isn’t just any job switch — this could be the game-changer that turbocharges…
Bengaluru-Based Ultraviolette Secures Major Backing from Japan’s TDK Ventures in $21M Round
Ultraviolette Automotive, the electric vehicle startup shaking up India’s mobility scene, has just closed a $21 million funding round led by TDK Ventures, the investment arm of Japan’s TDK Corporation. The raise signals not only confidence in Ultraviolette’s cutting-edge EV tech but also positions…
