In a rollercoaster financial reveal, Bengaluru-based food delivery giant Swiggy, one of Zomato’s fiercest rivals, stunned investors and analysts alike by reporting a staggering Rs 1,092 crore loss in Q2 FY26. The numbers, released on Monday, show that while Swiggy’s top line is soaring, the bottom line is bleeding, highlighting the high-stakes battle in India’s hyper-competitive foodtech and…
In a historic move set to redefine India’s innovation landscape, Prime Minister Narendra Modi launched a staggering Rs 1 lakh crore Research, Development, and Innovation (RDI) Fund aimed at turbocharging private sector-led research and development across the country. The announcement, made during the inaugural session of the Emerging Science, Technology and Innovation Conclave (ESTIC 2025) at…
Wondrlab, the technology-driven marketing platform, is all set to raise fresh funds in its latest financing round, marking its first capital infusion in four years. The martech startup announced plans to raise ₹40.8 crore (around $4.6 million) in a new round led by Wildflower Private Trust, with participation from existing investors Pi Ventures, Tanas Capital, and a group of prominent angel…
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…
DPDzero Secures $7 Million to Transform Debt Recovery with AI
In a major push to modernize debt recovery in India, Bengaluru-based startup DPDzero has raised $7 million in Series A funding. The fintech company is making waves in the financial services world by using AI to help banks and lenders recover overdue loans faster and more ethically.
This fresh funding round was led by GMO Venture…
Union Minister Piyush Goyal recently found himself at the center of a heated debate following comments he made about the Indian startup ecosystem. The controversy erupted when Goyal suggested that Indian startups should shift their focus from small-scale industries, like grocery delivery apps, to high-tech sectors such as semiconductors, AI, robotics, and machine learning. His remarks were…
In a move set to change the game for early-stage fundraising, ValueBridge Capital, a part of the Merisis Group, has acquired Boon Capital, a prominent investment banking firm known for its expertise in venture funding. This strategic acquisition not only strengthens Merisis Group’s position in the startup ecosystem but also positions it to better support startups through every stage of their…
BiUP.ai, a cutting-edge B2B SaaS startup focused on AI-driven immersive technology, just made a game-changing move by bringing on board Rakesh Srivastava, the former Managing Director of Nissan India, as a Mentor and Advisor. This partnership is set to propel BiUP.ai into the global spotlight, accelerating its mission to redefine customer experiences across industries.
So, what does this mean for…
Mumbai-based venture capital firm Triton is making waves with the announcement of the first close of its second fund, Triton Fund II. Raising an impressive ₹120 crore so far, the firm is aiming to grow the fund to ₹240 crore ($28 million)—a significant leap from the size of its first fund. Here’s everything you need to know about Triton’s new venture and how it plans to back the next…
RBI and IIMA Ventures Join Forces to Empower Women Entrepreneurs with Tech Solutions
In an exciting development aimed at boosting women’s financial inclusion in India, the Reserve Bank Innovation Hub (RBIH) has partnered with IIM Ahmedabad’s incubator, IIMA Ventures, to launch the Swanari TechSprint 3.0. This new startup program is designed to foster innovative fintech solutions that address…
