Investment Trends and Startup Acquisitions in India: Highlights from September 7-12
This week, 23 Indian startups raised $356.8 million across six growth-stage deals, 17 early-stage deals.
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RentoMojo IPO Sees Overwhelming Demand, Subscribed 72.87 Times with QIB Portion Surging to 177.3X
RentoMojo’s Rs 1,256 crore IPO saw 72.87x subscription, with strong bids from qualified institutional buyers.
NPCI Reports 32% Decline in FY26 Profit Despite 22% Revenue Growth to ₹4,240 Crore
NPCI recorded a 22% revenue rise to Rs 4,240 crore, but profit fell 32% due to higher expenses.
Unpacking the Payment Puzzle: Discovering the Flaw in Transactions
Payments in India are largely solved with UPI, but still, many transactions remain cumbersome and broken.
Nishant Pitti Commits to Personal Investment of Rs 212 Crore in EaseMyTrip Shares with Motilal Oswal
Nishant Pitti pledged 34.51 crore shares worth Rs 211.92 crore for personal use with Motilal Oswal.
“Zomato and Swiggy Achieve Remarkable Unit Economics Comparable to Meituan in a Fraction of the Market Size”
Zomato and Swiggy are closing the gap on profitability and order value compared to China’s Meituan.
Popo Global Secures ₹532 Crore Investment from Artal Asia for The Pizza Bakery
Bengaluru-based Popo Global raises Rs 532 crore from Artal Asia for expansion across India and more brands.
Flipkart Minutes Surges 400% in Two Years, Now Touching Over 150 Cities
Flipkart Minutes celebrates two years, growing 4X, with 1,200 fulfillment centres in over 150 cities.
Graph AI Secures $13.3 Million in Series A Funding Led by Insight Partners
Graph AI has raised $13.3 million to expand its AI-powered patient safety platform and improve workflows.
Piston Secures $15 Million in Series A Funding Led by FPV Ventures for Cardless Payment Solutions
Piston raised $15 million to expand its cardless payments network for commercial fleets and gas stations.