News
Read startup news in India including funding rounds, acquisitions, IPO plans, founder updates and policy developments from across the country.
Dhan Achieves Unicorn Status Following $120 Million Investment from Hornbill Capital
Raise Financial Services, parent of Dhan, joins India's unicorn club after raising $120 million at a $1.2B valuation.
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Cashify Approaches Rs 1,100 Crore Revenue in FY25, Sees 80% Reduction in Losses
Cashify reported a 17% revenue rise to Rs 1,096 crore and narrowed losses by 80% in FY25.
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“GreyLabs AI Secures ₹85 Crore in Funding from Elevation to Develop Voice AI Solutions for the BFSI Sector”
GreyLabs AI has raised Rs 85 crore in Series A funding to enhance its voice AI platform for BFSI.
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This Week’s Spotlight: Funding and Acquisitions in India’s Startup Scene (Sept 29 – Oct 04)
Seventeen Indian startups raised $206.89 million this week, showing growth in funding activity.
Read moreDetailsInvestor Insights: Indian Startup Funding and Acquisitions Update (Sept 22 – Sept 27)
Indian startups raised $206.89 million this week, marking a 19% increase from the previous week's $173.48 million.
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Lenskart Gains SEBI Approval for Initial Public Offering
Lenskart has obtained SEBI approval for its IPO, planning to raise Rs 2,150 crore through equity and OFS.
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L’Oréal India Sees 23% Surge in Profits, Reaching Rs 597 Crore in FY25
L'Oréal India saw 6% revenue growth, profit up 20%, but struggles with strong market competition.
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“Consumer Affairs Ministry Launches Investigation into Flipkart and Amazon’s Use of Dark Patterns”
DoCA is investigating Flipkart and Amazon for "dark patterns," including COD charges, misleading consumers.
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Cleartrip’s Spending: Rs 608 Cr on Discounts for Just Rs 169 Cr in Net Revenue in FY25
Cleartrip improved its financials in FY25, with revenue up 70% while losses decreased by 20%.
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Coverstack Eyes $11 Million in Upcoming Funding Round
Digital insurance company Coverstack is set to raise Rs 95.7 crore in a new funding round.
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