In one of the most eagerly awaited initial public offerings (IPOs) of the year, India’s investment platform Groww, operated by Billionbrains Garage Ventures Ltd, has raised a whopping Rs 2,984.5 crore from anchor investors ahead of its public debut. The announcement has sent ripples across the Indian financial ecosystem, prompting investors to scrutinize whether Groww is poised to become the…
A Major Win for Truemeds
Mumbai-based healthtech startup Truemeds has just bagged a whopping $85 million (around INR 740 crore) in a Series C funding round, marking a huge milestone in its journey to make affordable medicines more accessible across India.
The round was backed by some of the biggest names in venture capital: Accel, Peak XV Partners, WestBridge Capital, and Info Edge Ventures.
Who…
‘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…
Bengaluru’s Diamond Disruptor, Aukera, Raises $15 Million to Go Big
Bengaluru-based lab-grown diamond jewellery brand Aukera just secured $15 million in fresh funding to fuel its ambitious growth in India’s fine jewellery market. The funding round was led by Peak XV Partners, with continued support from existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria…
Wakefit, the homegrown D2C mattress and furniture brand you didn’t know you couldn’t live without, is making waves yet again — this time by filing its draft red herring prospectus (DRHP) with SEBI to raise a whopping Rs 468 crore!
What’s Happening? Wakefit’s IPO Plans Are Official!
Founded just seven years ago in 2016, Wakefit has quickly grown from a simple mattress startup into a…
From quiet giant to IPO spotlight — Pine Labs is preparing to unleash one of India’s biggest fintech listings yet
India’s digital payments revolution is getting its next headline act — and it’s not who you think.
Pine Labs, the low-key powerhouse behind thousands of point-of-sale terminals across India, is stepping into the limelight with a massive ₹6,000 crore Initial Public Offering…
Scapia Just Hit the Jackpot: $40 Million and a Major Upgrade to Your Travel Game!
Big news in the world of travel finance! Scapia, the fintech startup everyone’s talking about, has just secured a jaw-dropping $40 million in its Series B funding round. And trust us — this isn’t just another investment round. This is the game-changer you’ve been waiting for.
Why is everyone buzzing about…
In a surprising move, Shraeyansh Thakur, one of the key figures at Peak XV Partners (formerly Sequoia Capital India), has announced that he is leaving the venture capital firm after almost a decade. Thakur, who has made significant contributions to the startup ecosystem during his tenure, is now ready to embark on an exciting entrepreneurial journey of his own.
A Major Exit from Peak XV…
In a major move to strengthen its rural lending platform, SarvaGram, a startup focused on providing financial services to underserved rural communities, has raised Rs 565 crore (approximately $67 million) in its Series D funding round. Led by Peak XV Partners, the funding round also saw participation from existing investors, including Elevar Equity, Elevation Capital, Temasek, and TVS Capital.
Introduction
India’s booming startup ecosystem has always been a hotbed for innovation, and Razorpay is taking a step further to fuel this growth. In partnership with Peak XV Partners and Lightspeed, Razorpay has launched the Razorpay Venture Investment Program aimed at empowering early-stage B2B startups. The initiative promises not only funding but also a tech and leadership support system…
