News

This week, 22 Indian startups raised $137.68 million, down 50% from $272.67 million last week.

Logistics platform Shiprocket filed an updated draft red herring prospectus for its Rs 2,342.35 crore IPO.

Swiggy has closed its Rs 10,000 crore QIP, raising funds from institutional investors at Rs 375 per share.

ElasticRun stabilised its scale in FY25 with GMV rising 9% to Rs 2,653 crore after prior declines.

Dhan has facilitated early-stage exits, securing hefty returns for angel investors in fintech.

India Accelerator launches its program in Saudi Arabia with a $15M fund for Indian startups.

Mobile-first credit card startup OneCard is raising Rs 40 crore in debt funding from Alteria Capital.

Joy E-bike saw a revenue decline of 5% and profits fell 53% in the fiscal year ending March 2025.

Used car platform Spinny is in talks to raise $160–165 million, expecting to reach over $320 million in 2025.

Infibeam Avenues plans to rebrand as AvenuesAI Ltd, reflecting its shift to an AI-driven fintech focus.