Startup News
Industrial AI startup Intellithink has successfully raised Rs 17 crore in a funding round led by Pentathlon Ventures, marking a significant milestone in its growth journey. The round also saw participation from several angel investors and strategic partners, underscoring the growing interest in AI-driven industrial solutions. The fresh capital will be used to expand product…
A viral social media post recently alleged that Zoho Corporation, one of India’s leading SaaS companies, had abruptly terminated 300 employees without prior notice. The claim quickly gained traction online, sparking debates about corporate ethics, employee rights, and workplace transparency. However, Zoho has since clarified the situation, stating that the individuals mentioned were not permanent…
In a significant development in India’s fintech ecosystem, BharatPe co-founder Shashvat Nakrani has announced that he is stepping back from his role to pursue new entrepreneurial ventures. This move marks a pivotal moment for the company and the broader startup community, as Nakrani has been instrumental in shaping BharatPe’s journey from a disruptive idea to…
Swiggy cofounder Nandan Reddy has announced his decision to step down from the food delivery giant, sparking speculation that he may soon embark on a new entrepreneurial journey. Reddy, who played a pivotal role in building Swiggy into one of India’s most successful startups, leaves behind a legacy of innovation and disruption in the food-tech…
Masters’ Union, a leading business school known for its innovative approach to entrepreneurship and technology education, has announced the launch of a ₹100 crore venture fund aimed at supporting young founders under the age of 25. This bold initiative is designed to nurture early-stage startups led by young entrepreneurs, providing them with capital, mentorship, and…
Manav Robotics, a Bengaluru-based industrial robotics startup founded by former Ola executives Suvonil Chatterjee and Slokarth Dash, is in advanced discussions to raise between $15 million and $20 million from Blume Ventures and Qualcomm Ventures. The funding round, still under negotiation, is expected to accelerate the company’s AI-powered factory automation solutions. Founders and Vision Funding…
Visa processing startup Atlys has announced an Employee Stock Ownership Plan (ESOP) buyback worth Rs 4 crore, signaling its commitment to rewarding employees and strengthening retention. The move highlights the company’s growth trajectory in the travel-tech sector and its focus on building long-term value for both employees and investors. What Is an ESOP Buyback? An…
Indian fintech startup KreditBee has successfully raised $280 million in fresh funding, pushing its valuation to $1.5 billion. The company, which specializes in digital lending solutions for individuals and small businesses, has announced ambitious plans to go public with an IPO by early 2027. This marks a significant milestone in India’s rapidly growing fintech ecosystem,…
OffBeat, the new-age lifestyle and consumer brand co-founded by Aman Gupta, co-founder of Boat, has successfully raised Rs 100 crore in funding, with global venture capital firm Bessemer Venture Partners leading the round. This marks a significant milestone for the brand, which aims to disrupt India’s lifestyle and consumer goods market with innovative products and…
InCred Alternatives, the alternative asset management arm of InCred Capital, has announced the successful closure of its maiden Special Opportunities Credit Fund at Rs 1,500 crore. This marks a significant milestone for the firm as it strengthens its position in India’s growing private credit market. The fund aims to provide structured credit solutions to mid-sized…
