News

PB Fintech Soars with 92% Profit Surge, Reaching ₹163 Crore in Q1 FY27

River Mobility Secures $120 Million in Series C Funding with Leadership from Elev8 and Claypond Capital

Tracxn Reports Loss as Revenue Stagnates in Q1 FY27

Beardo’s Revenue Approaches ₹300 Crore in FY26; Profit Soars by 70%

News

Read startup news in India including funding rounds, acquisitions, IPO plans, founder updates and policy developments from across the country.

Square Yards Joins the Unicorn Ranks After Securing Million in Funding

Square Yards Joins the Unicorn Ranks After Securing $95 Million in Funding

June 23, 2026

Square Yards enters the unicorn club after raising Rs 900 crore, hitting a valuation of over $1 billion.

The Gradual Decline of Founder Ownership in India’s Startup Journey: From Series A to Series B

June 23, 2026

Many Indian startup founders are diluting ownership significantly by Series B, exceeding 70% in some cases.

Mitigata Secures Million in Series B Funding, Fueled by Bessemer’s Investment

Mitigata Secures $15 Million in Series B Funding, Fueled by Bessemer’s Investment

June 23, 2026

Bengaluru-based Mitigata raised $15M for international expansion and AI-driven cybersecurity offerings.

Meta Backs CRED with 0 Million Investment; Kunal Shah Takes the Helm at WhatsApp Worldwide

Meta Backs CRED with $900 Million Investment; Kunal Shah Takes the Helm at WhatsApp Worldwide

Meta is investing around $900 million in fintech unicorn CRED, with founder Kunal Shah joining as WhatsApp CEO.

Orange Health Labs Secures Million Series C Funding Round Led by Iron Pillar

Orange Health Labs Secures $30 Million Series C Funding Round Led by Iron Pillar

Orange Health Labs is raising Rs 277 crore in a Series C funding round led by Iron Pillar India.

Kunal Shah and Rainmatter Invest in NestAway Co-Founder’s Innovative Venture, The Land Bankers

Amrendra Sahu raised Rs 8 crore for his proptech startup The Land Bankers, led by Rainmatter.

jUMPP Achieves NPCI Endorsement and Unveils New UPI Offerings

AI-powered fintech platform jUMPP has received NPCI approval as a TPAP to offer UPI services.

SEBI Greenlights GARUDA Framework for Accelerated AIF Scheme Implementations

The GARUDA framework speeds up launch of AIF schemes, reducing compliance for certain funds and improving efficiency.

91trucks Cuts Workforce by Nearly 70% and Closes Stores Amid Slowing Growth

91trucks has restructured, losing 70% of staff and closing stores amid weaker demand and macroeconomic challenges.

PhonePe Clarifies Wallet Fees Pertaining Exclusively to Idle Balances