News

Cactus Partners targets Rs 1,600 crore for its second fund, aiming to invest in 13–15 startups.

Walmart-backed PhonePe reported a net loss of Rs 2,792 crore in FY26, but non-cash adjustments distort reality.

This week, 16 Indian startups raised nearly $164 million across growth and early-stage deals, led by Plazza.

WhatsApp processed 150.48 million UPI transactions in June, overtaking CRED's 141.78 million.

Walmart-owned Flipkart plans to enter India's food delivery market, competing with Zomato and Swiggy.

Urban Harvest plans to raise Rs 341.4 crore in Series D round led by Info Edge, targeting growth expansion.

Meesho reported a 48% revenue increase to Rs 3,713 crore, narrowing losses by 54% to Rs 133 crore.

Healthtech startup CARPL.ai has raised $10 million in Series A funding to enhance its AI platform for medical imaging.

Ashneer Grover has launched Fund My Staff, a fintech platform enabling employers to facilitate loans.

UpKraft raised Rs 1.6 crore to enhance AI development and expand across Bengaluru and Gurugram.