Sabyasachi Chandra
Author

Sabyasachi Chandra

Startup Writer & Founder

Sabyasachi Chandra writes about startups, emerging businesses, funding trends, and India’s evolving entrepreneurship ecosystem. Through StartupFox, he focuses on curating clear, credible, and insight-led stories that help readers understand new companies, founders, and market movements.

368Stories
22This Week
Sahil Pershad Parmanu Sciences
Spotlight · SaaS & Tech · 10 Sept 2026 · 8 min

Parmanu Sciences Wants to Build the Machine Behind India's Semiconductor Push

The global equipment market is heading toward $229 billion. Ion implantation is a $2 billion niche within it, and only India's front-end fabs would ever buy one.
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Piston Founders
Funding · Fintech · 10 Sept 2026 · 7 min

Piston Raises $15M for a US Fuel Network Whose Engineering Team Sits in Kolkata

The company is American, the customers are American, and every engineer building it works out of Kolkata. Its real innovation is bypassing the card networks, not the card.
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Theatre Founders
Funding · D2C · 10 Sept 2026 · 6 min

Theater Raises ₹75 Crore at ₹410 Crore, With ₹56 Crore of It in the Filings

Filings account for ₹56.25 crore of the announced figure. The founders still hold about 65% of a five-year-old company, which says more than the 4.5x step-up does.
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QNU Founders
Funding · Policy · 9 Sept 2026 · 6 min

QNu Labs Raises ₹200 Crore, More Than Its Entire First Decade Combined

This single round is larger than everything QNu raised in its first decade. Its largest backer also sets the 2029 deadline that creates its market.
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Marmalade Founders
Funding · FMCG & Retail · 9 Sept 2026 · 7 min

Exclusive: Marmalade Raises ₹6 Crore Selling Whiskey Where It Keeps ₹358 of a ₹1,750 Bottle

The company kept about ₹358 of each ₹1,750 bottle in its first 90 days. Pune and Mumbai are two cities but one excise regime, and the second state is the hard part.
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Circolife Founders
Funding · Real Estate · 9 Sept 2026 · 6 min

Circolife Raises $4.5M to Rent Out Air Conditioners It Has to Buy First

Ten thousand units today, forty thousand promised in two years. That means buying thirty thousand air conditioners, which ₹40 crore of equity cannot do on its own.
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Arc Founders
Funding · SaaS & Tech · 8 Sept 2026 · 6 min

ARC Raises ₹10.5 Crore to Build a Console, an OS and a Supply Chain at Once

₹10.5 crore to build a console, an operating system and a supply chain at once. The clearest demand signal is not the waitlist but the 2.5 lakh handhelds India already imports.
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Sorry Sugar Founders
Funding · D2C · 8 Sept 2026 · 5 min

Sorry Sugar Raises $1M for Zero-Sugar Coffee, Months After It Started Selling

The brand did not exist in April and claims ₹1 crore in its first month. That is a venture studio's playbook rather than a standing start.
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Iztri Founders
Funding · D2C · 8 Sept 2026 · 6 min

Iztri Raises ₹10 Crore to Organise Ironing, India's Cheapest Repeat Purchase

Ironing costs about ten rupees a garment. Every rupee of hub rent, app and payroll has to spread across that, which is why the hub sits inside the building.
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Fundly.ai Founders
Funding · Fintech · 8 Sept 2026 · 5 min

Fundly.ai Raises $4M From Its Existing Backers, Three Years After a $3M Seed

Both leads are existing backers, and headcount fell about a fifth in the year to August 2025. The strategic move from lending into commerce is the right one.
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Herspace
Funding · Real Estate · 7 Sept 2026 · 6 min

HerSpace Secures $40M From a Fund Its Own Co-Founder Started

Bob Pattillo founded both the company and the investor. The money is a commitment across 30 months in debt, quasi-equity and equity, not a cheque.
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Navan AI Founders
Funding · SaaS & Tech · 7 Sept 2026 · 5 min

Navana.ai Raises ₹40 Crore for Voice AI That Runs Inside the Bank, Not the Cloud

The round is close to three times everything Navana had raised in eight years. Its on-premise model is what cloud voice AI providers cannot offer Indian banks.
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DaMENSCH Founders
Funding · D2C · 7 Sept 2026 · 5 min

DaMENSCH Raises ₹17.4 Crore at a Flat Valuation That Is Not Flat in Dollars

The second consecutive round without an uplift. A91 and Tancom Electronics paid different prices per share, and in dollar terms the valuation has fallen.
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Lickicious Founders
Funding · D2C · 7 Sept 2026 · 5 min

Lickicious Raises ₹19 Crore and Puts It Into a Factory, Which Is How Pet Food Is Won

Filings show under ₹10 crore of revenue for the year to March 2025. The company is targeting ₹100 crore and building its own factory to get there.
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Pixxel Founders
Funding · SaaS & Tech · 7 Sept 2026 · 5 min

Pixxel Raises $100M, the Largest Spacetech Round India Has Seen

India's largest spacetech round takes total funding to $195 million. The India entity's FY25 revenue was ₹39.3 crore, which is not what is being priced.
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PM Modi KRAFTON Chairman Byung Gyu
Funding · Policy · 6 Sept 2026 · 4 min

Krafton Pledges Another $250M to India, Which Has Banned Its Flagship Game Twice

The new money targets AI, robotics and deep tech rather than games. Delhi switched off PUBG Mobile in 2020 and BGMI in 2022.
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Mokobara Founders
Funding · D2C · 6 Sept 2026 · 5 min

Mokobara Raises ₹170 Crore, and Only ₹91 Crore of It Is in the Filings

The board approved ₹90.66 crore of new shares. Sauce.vc says it alone put in ₹109 crore. The gap is most likely existing shareholders selling.
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TCS CEO
SaaS & Tech · Policy · 5 Sept 2026 · 5 min

TCS Plans a 1 GW AI Campus in Hyderabad, Roughly India's Entire Existing Capacity

HyperVault has 264 acres and a ₹70,000 crore figure. It also has about ₹18,000 crore actually committed, and a build phased against customers who do not yet exist.
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Sugar Cosmetics Founder
Funding · D2C · 4 Sept 2026 · 5 min

Sugar Cosmetics Raises ₹144 Crore at a Quarter of Peak, and Its Own Valuer Says Why

A91 Partners funded the entire round alone. A valuation report in the filing describes sustained and worsening financial deterioration across two years.
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Crusoe Founders
Funding · SaaS & Tech · 4 Sept 2026 · 5 min

Crusoe Raises $3B at $30B on a Jane Street Contract That Is a Ceiling, Not a Booking

Three times its October valuation, ten months later. The trading firm's $13 billion commitment depends on two contract extensions and an option that have not been exercised.
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Cradlewise Founders
Funding · D2C · 4 Sept 2026 · 5 min

Cradlewise Raises $12M Building $1,799 Cribs in Pune and Selling Them in America

Its last round was nearly five years ago. The smart crib competes with SNOO in the US, where its rival holds an FDA authorisation Cradlewise does not.
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Leanwatts Founders
Funding · EV & Mobility · 4 Sept 2026 · 5 min

Leanwatts Raises $2M for the Charger Inside the Vehicle, Not the One on the Street

A Hyderabad company making onboard chargers for two-wheelers, three-wheelers and e-tractors. It wants ₹60 crore of annualised revenue by March 2027 on a $2 million seed.
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Ultrahuman Founders
Funding · Healthcare · 4 Sept 2026 · 5 min

Ultrahuman Raises $70M After Engineering Its Way Around a US Import Ban

Qualcomm Ventures leads, with Labcorp and Alpha Wave joining. The profit figures everyone is citing come from the year before Ultrahuman lost half its revenue base.
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Policy · SaaS & Tech · 3 Sept 2026 · 5 min

Meta Will Cap Teen Use At Two Hours A Day Under An $18 Billion Settlement

The deal blocks the apps overnight, hides likes on teen accounts and bans cosmetic filters. About $5.3 billion of it is contingent on TikTok and YouTube matching.
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Slice Founder
Funding · Fintech · 3 Sept 2026 · 5 min

Slice's $450M Valuation Looks Like a Crash Until You Price It as a Bank

Down from $1.5 billion at its peak, and profitable for the first time. Filings show roughly half the money is existing shareholders selling out.
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SaaS & Tech · 3 Sept 2026 · 5 min

AMD Will Train 10,000 Delhi University Students On Its ROCm AI Stack

The MoU brings AMD's developer programme, learning resources and GPU cloud credits to the university. It is the first large university tranche of a 100,000-graduate pledge.
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Rilo Founders
Funding · SaaS & Tech · 3 Sept 2026 · 5 min

Adobe Buys Rilo Twelve Months After Launch, and the Product Gets Switched Off

A licensing and team deal for six engineers, twelve months after founding. Rilo's 10,000 users lose the platform; its investors get an exit on $1 million raised.
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KP Tiwari
Lite Updates · Founders · 3 Sept 2026 · 5 min

K.P. Tiwari's Move From Systems Integration to Building His Own Business Software

After heading business applications at Team Computers, he started building the products he had spent years implementing for others. The newest, MoovMail, is corporate email made in India.
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Funding · Markets & IPO · 3 Sept 2026 · 5 min

India's PE/VC Investments Rose 52% In July, But Exit Value Fell 83%

Ten deals accounted for 68 per cent of July's investment total. Exit value fell to $1.6 billion, and more than half of that was one fund selling to another.
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EV & Mobility · SaaS & Tech · 3 Sept 2026 · 5 min

Uber Cuts 3,300 Jobs, About 10% Of Staff, In Its Biggest Layoff Since 2020

Khosrowshahi framed the cuts around management layers and coordination roles, not AI efficiency. Fully remote roles drop to about 1 per cent of the workforce.
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Creedom Founders
Funding · SaaS & Tech · 2 Sept 2026 · 5 min

Creedom Raises ₹4.1 Crore to Tell Creators Why a Reel Worked, Not Just How It Did

An angel-led round at a ₹42 crore valuation for the rebuilt version of Casttree. Two of the investors were customers first.
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GoPro Starman Holding
Markets & IPO · SaaS & Tech · 2 Sept 2026 · 5 min

GoPro Sells for $285M to a Company Incorporated the Day Before the Deal Was Announced

Shareholders get $1.14 a share and keep 10%. The buyer is a one-day-old subsidiary of a phone-case group with a New Jersey factory still under renovation.
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SaaS & Tech · 2 Sept 2026 · 4 min

TCS Beats Accenture For Best Buy's Bengaluru GCC In A Deal Estimated At ₹2,000 Crore

The five-year mandate covers the 600-person Bengaluru centre plus data, analytics and AI work. Neither TCS nor Best Buy has confirmed it.
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Markets & IPO · SaaS & Tech · 2 Sept 2026 · 5 min

SoftBank's SB Energy Files For US IPO, Says It Is Substantially Dependent On OpenAI

The SoftBank-controlled company is seeking $5 billion to $7 billion on Nasdaq. It has no operational data centres and lost $3.2 billion in the first half of the year.
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E-commerce · Policy · 2 Sept 2026 · 5 min

Maharashtra FDA Suspends Blinkit's Akola Licence After Re-Inspection Found Faults Unfixed

A 12 August inspection produced an improvement notice. Blink Commerce filed a compliance report. The re-inspection found the problems still there.
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Comet Founders
Funding · D2C · 2 Sept 2026 · 5 min

Comet Is Raising ₹99 Crore at 3.2X, About ₹50 Crore Less Than It Went Looking For

Verlinvest leads with ₹61.73 crore, valuing the sneaker brand at about ₹535 crore. In March, Comet was reported to be seeking ₹140-150 crore.
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Docpharma Founders
Funding · Healthcare · 2 Sept 2026 · 5 min

DocPharma Raises $2M to Build the Compliant Backend for India's Medicine Delivery Rush

Equentis led a $2 million pre-Series A into a company that supplies fulfilment to 30-plus health platforms. It wants 100 licensed dark stores in 50 cities.
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FMCG · FMCG & Retail · 2 Sept 2026 · 5 min

Reliance Enters India's Ice Cream Market With Bombay Creamery, Priced From ₹10

The range spans cones, cups, tubs, bars and sticks, made with dairy cream rather than vegetable fat. It launches in western India first, against Amul and Kwality Wall's.
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Funding · Founders · 2 Sept 2026 · 4 min

upGrad Completes Unacademy Acquisition At $206 Million, 94% Below Its 2021 Peak

The all-stock deal closed on Tuesday at ₹1,955 crore. Unacademy held ₹900 crore in cash at the time, which puts a different frame on the discount.
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SaaS & Tech · Funding · 1 Sept 2026 · 4 min

Nvidia Put $3.5 Billion Into MediaTek To Get Inside The Chips Built To Replace It

MediaTek will build custom AI accelerators on NVLink Fusion. Every chip designed as an Nvidia alternative now ships with Nvidia's fabric, interconnect and memory inside it.
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