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News
Funding and acquisitions in Indian startups this week [July 20 - July 25]
19+ hour, 14+ min ago (546+ words) This week, 16 Indian startups raised nearly $164 million across 4 growth-stage including one undisclosed deal and 12 early-stage deals. The week also witnessed one departure, two fund launches, and one ESOP. In contrast, 19 startups had collectively secured about $271 million in the previous week....
Flipkart to enter food delivery, take on Zomato, Swiggy and Rapido
1+ day, 18+ hour ago (256+ words) Walmart-owned Flipkart is set to enter India’s online food delivery market in the coming weeks and take on incumbents Zomato and Swiggy. Flipkart Group chief executive Kalyan Krishnamurthy confirmed the plan in an interview with The Times of India. He…...
WhatsApp overtakes CRED in UPI volume in June; PhonePe retains lead
1+ day, 15+ hour ago (407+ words) WhatsApp overtook CRED in Unified Payments Interface (UPI) transaction volume in June, processing 150.48 million transactions compared with CRED's 141.78 million, according to data released by the National Payments Corporation of India (NPCI). The crossover comes in the same month that CRED…...
Pronto widens AI camera rollout in homes with ‘Verified’ offering
1+ day, 21+ hour ago (614+ words) Home services platform Pronto has confirmed that it is continuing and expanding the use of wearable cameras inside customers' homes through Pronto Verified, an opt in service that records service sessions and uses anonymized footage for AI training. The confirmation…...
Farm Watt Innovations raises Rs 32.5 Cr co-led by IAN Alpha Fund and Rainmatter
2+ day, 19+ hour ago (155+ words) Climate-focused agribusiness startup Farm Watt Innovations has raised Rs 32.5 crore ($3.36 million) in a funding round co-led by IAN Alpha Fund and Rainmatter. The fresh capital will be used to strengthen its biomass supply chain, expand its biomass collection network, build…...
Ashneer Grover launches employer backed lending platform Fund My Staff
2+ day, 15+ hour ago (277+ words) Ashneer Grover, former MD and co-founder of BharatPe, has launched Fund My Staff, a new fintech platform that enables employers to facilitate loans for their employees by acting as guarantors. Grover announced the launch of the platform in a LinkedIn…...
Earth Fund leads $3 Mn Series A round in Wiffy
2+ day, 15+ hour ago (256+ words) Organized post sales installation and services platform Wiffy has raised $3 million in a Series A funding round led by Earth Fund, with participation from Japan's Persol Holdings and existing investor Capria Ventures. The Mumbai based startup had earlier raised Rs…...
PedalStart leads pre-seed round in extracurricular learning platform Upkraft
2+ day, 17+ hour ago (190+ words) Extracurricular learning platform Upkraft has raised Rs 1.6 crore in a pre-seed funding round led by PedalStart, with participation from a group of angel investors. The proceeds will be used to accelerate AI product development, expand its presence across Bengaluru and…...
Incred Finance posts Rs 438 Cr PAT on Rs 2,546 Cr revenue in FY26
2+ day, 20+ hour ago (399+ words) InCred Financial Services, the lending arm of InCred Holdings, delivered strong financial results in FY26 ahead of its proposed IPO. The company reported 36% year-on-year growth in operating revenue, while profits grew by 17% in the same period. According to its consolidated financial…...
AI insurtech startup NeuralKart raises seed funding led by Inflection Point Ventures
2+ day, 20+ hour ago (173+ words) Bengaluru-based AI insurtech startup NeuralKart has raised Rs 2.35 crore in a seed funding round led by Inflection Point Ventures. The proceeds will be used for product development, AI and machine learning engineering, customer acquisition, go-to-market expansion and working capital. Founded…...