Lenskart Preps for IPO: What Does This Mean for the Eyewear Giant?
Lenskart, the Indian eyewear leader founded by Peyush Bansal in 2010, is making big moves to go public with plans to raise between $750 million and $1 billion through an Initial Public Offering (IPO). This marks an exciting new chapter for the company, and if successful, could make it one of the largest listings in India’s…
Introduction: In a big win for Indian startups, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined forces with boAt, the popular Indian audio and wearables brand. This partnership is set to give a major boost to startups across the country, especially those in Direct-to-Consumer (D2C) and manufacturing sectors.
With a focus on fostering innovation, providing resources…
In a significant development for the agritech world, Sanjay Dasari, the co-founder of WayCool, has decided to step down after almost a decade at the helm of the company. Dasari, who co-founded WayCool with Karthik Jayaraman, will transition into an advisory role where he will focus on strategic projects and fundraising. His decision marks the end of an era for WayCool, a company that has become…
Mumbai-based startup Manastu Space Technologies has made a major breakthrough in India’s aerospace industry. The company has successfully delivered its innovative iBooster Green Propulsion System to the Defence Research and Development Organisation (DRDO). This milestone marks a significant achievement in India’s space exploration and satellite capabilities.
The iBooster system, developed by…
Flipkart Partners with DPIIT to Empower Indian Startups
In a major boost to India’s vibrant startup ecosystem, Walmart-owned Flipkart has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT). This new collaboration aims to empower tech startups across the country, providing them with the resources, mentorship, and funding needed to grow and scale.
The partnership…
Introduction: PhonePe’s Bold Move to Discontinue Third-Party Partnership with Juspay
PhonePe, one of India’s leading digital payments platforms, has announced it will end its partnership with Juspay, a payment orchestration platform. This decision is a part of PhonePe’s strategy to directly offer payment solutions to its vast network of merchants. As a result, PhonePe will now handle the…
In a rapidly growing market where families demand more from the products they use, Baby & Mom Retail is carving out a strong niche in India’s baby care, skincare, pet care, and bedding solutions sectors. The company, founded in 2013 and based in Gurugram, has quickly emerged as a significant player in these industries, thanks to its innovative approach and a strong portfolio of trusted brands.
Elchemy, a tech-driven platform connecting Indian chemical manufacturers with buyers around the world, has just raised $5.6 million (INR 47.2 Cr) in its Series A funding round. The round was led by Prime Venture Partners, with InfoEdge Ventures, the startup’s previous investor, also participating. This funding marks a significant step for Elchemy as it works to expand its global footprint and…
In a major move to transform the way Indians cook, Beyond Appliances, a Bengaluru-based smart kitchen appliance startup, has raised $2 million in seed funding. The goal? To turn traditional kitchens into smart, connected spaces, making cooking more efficient, fun, and modern. With the backing of top investors and a strong lineup of innovative products, Beyond Appliances is on track to shake up the…
Innov8, a fast-growing coworking startup, is on a mission to redefine the way businesses work in India. With its eye on aggressive expansion, the company is reportedly in talks to raise INR 100 Cr ($11.9 million) in a fresh round of funding. The goal? To double the number of coworking centres across India and lead the charge in the burgeoning managed office space market. As the future of…
