News
Read startup news in India including funding rounds, acquisitions, IPO plans, founder updates and policy developments from across the country.
Pepperfry Set to Raise New Capital from Current Investors
Pepperfry is raising Rs 43.3 crore ($5.1 million) from investors including General Electric and Goldman Sachs.
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Udaan Secures $114 Million in Series G Financing
B2B e-commerce platform Udaan has closed its Series G round at $114 million, led by M&G Investments.
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“Indian Startup Funding Surpasses $1 Billion in May, Fueled by Healthtech and Logistics Innovations”
Indian startups rebounded in May, raising $1.14 billion, led by major deals from Porter and PB Healthcare.
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GrowthCap Secures $1.85 Million in Pre-Seed Investment for Spense
Spense, a Bengaluru-based startup, raised $1.85M for programmable banking and card infrastructure.
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GrowthCap Invests $1.85 Million in Spense’s Pre-Seed Funding Round
Spense, a Bengaluru-based startup, raised $1.85M for programmable banking and card infrastructure.
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TVS Tops EV Two-Wheeler Sales in May, Bajaj Closes In as Ola Electric Drops to Third Place
May 2025 saw strong electric two-wheeler sales, with TVS leading at 24,560 units for 24% market share.
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UPI Transactions Surge 4.4% in May, Reaching 18.68 Billion
UPI reached 18.68 billion transactions in May 2025, a 4.4% MoM increase from April's 17.89 billion.
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Indian Startup Ecosystem: Key Funding and Acquisition Highlights (May 26 – May 31)
19 Indian startups raised $205.76 million this week, with 12 early-stage and 5 growth-stage deals.
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EaseMyTrip Sees 15% Revenue Drop in Q4 FY25
EaseMyTrip saw a slight decline in revenue and profit in Q4 FY25, with operating revenue down 15%.
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Nykaa Reports ₹2,061 Crore Revenue in Q4 FY25, Profit Jumps 90%
Nykaa reported a 24% revenue growth in Q4 FY25, with profits surging 90% to Rs 19 crore.
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