The latest on India's fastest-growing startups — funding rounds, founder stories, and ecosystem insights.
Shein completed its $1 billion IPO on the Hong Kong stock market, seeing its valuation adjust to $26.5 billion from nearly $100 billion in 2022 amidst new US and EU tariffs.
upGrad has acquired Unacademy for just over $200 million, a 94% drop from its 2021 peak valuation of $3.44 billion, marking a significant re-evaluation in the Indian edtech sector.
Bengaluru-based Yuma Energy secures $35 million in Series A funding from existing backer Magna International Inc. and acquires battery tech firm Grinntech to expand its battery-swapping network across India.
Abhishek Singh, a former executive at the fintech unicorn Upstox, has taken on a new challenge, stepping in as Chief Executive Officer for Raise Financial…
Deepinder Goyal is building healthtech startup Temple with a pre-launch acquisition and investing in profitable clean air company YOGa Clean Air, showcasing a dual approach to India's startup challenges.
Hero MotoCorp has increased its stake in electric two-wheeler maker Ather Energy to around 32.8% with a Rs 1,758.24 crore investment, signaling a dual strategy for EV market entry ahead of its own electric motorcycle launch in 2027.
ESDS Software, a cloud and data centre company, has secured ₹216 crore from anchor investors, signaling strong market confidence as it prepares for its initial public offering. This investment reflects institutional interest in India's digital infrastructure growth.
Purple Style Labs, parent of Pernia’s Pop Up Shop, raised ₹306 crore from anchor investors for its 100% fresh issue IPO, funding growth despite disclosed losses.
IIT-Bombay-incubated space-tech startup InspeCity secures ₹100 crore Pre-Series A funding, co-led by Speciale Invest and Ashish Kacholia, to launch four in-orbit satellite refueling and repair missions.