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…
India’s everyday homes may never be the same again. Pronto, the lightning-fast house help platform that promises services in just 10 minutes, has bagged $11 million in fresh Series A funding. If you’ve ever wished household help worked like Swiggy or Uber — this app might just be your next download.
Meet Pronto: The Future of Home Help Is Real-Time
Founded in 2024 by Anjali Sardana, Pronto…
ArisInfra Bounces Back to Profit in Q1 FY26 Despite Yearly Dip
Recently listed B2B ecommerce company ArisInfra has shown signs of recovery in the first quarter of FY26. After posting a loss of INR 51.2 lakh in the previous quarter, the company has bounced back into the green, reporting a net profit of INR 5.1 crore in Q1 FY26. While this marks a 22% decline compared to the same quarter last year…
A Bold Global Leap for IPV
Gurugram-based startup investment firm Inflection Point Ventures (IPV) has officially stepped onto the global stage. The company has launched a brand-new $110 million international fund to back early-stage startups beyond Indian borders. Dubbed IPV International, this fund is registered as a Category I Angel Fund under the GIFT City’s IFSCA framework, giving it the…
In a move that’s catching the startup world by surprise, Pronto — a fast-growing home services startup — is preparing to move its legal base from Delaware, USA, back to India. What makes this especially interesting is the timing. Most startups only consider this kind of reverse flip when they’ve matured and are on the verge of going public. Pronto is flipping back just months after…
Omspace Rocket & Exploration, a rising Indian space-tech startup, has just secured $3 million in a pre-seed funding round. This investment will help the company build its innovative small satellite launch vehicle, “Infinity One.” With space exploration becoming more accessible globally, Omspace is aiming to position India as a significant player in the commercial space industry.
What is…
Parkobot, a tech startup calling itself the “Airbnb for parking”, has just raised Rs 2.09 crore in a seed round led by Inflection Point Ventures (IPV). The round also saw participation from high-net-worth individuals (HNIs). The company wants to solve one of India’s biggest yet most ignored urban headaches: the daily struggle to find parking.
Founded by Amrit Choudhury, Raj Kumar Bihani, and…
‘Bhujia vs. Bots’: Unacademy CEO Slams India’s Startup Focus Amid Global AI Surge
In a comment that’s both biting and brutally honest, Unacademy and Airlearn CEO Gaurav Munjal has stirred up a nationwide debate on India’s innovation trajectory. His recent LinkedIn post hit a nerve with entrepreneurs and tech watchers alike:
“$465B investment in AI globally. Less than $1B in India. We…
