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.

369Stories
23This Week
Kolkata L&T
Lite Updates · SaaS & Tech · 28 Jun 2026 · 5 min

L&T to Invest ₹4,500 Crore in West Bengal Data Centre and Software Park

The engineering giant is allocating massive capital toward a 30 MW Tier-3 data centre and a sprawling software park to transform Kolkata into a major eastern technology hub.
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Prabhjeet Singh OpenAI
Lite Updates · SaaS & Tech · 26 Jun 2026 · 4 min

OpenAI Appoints Prabhjeet Singh as India Managing Director to Lead Enterprise Expansion

The former Uber India President will take charge of the AI giant's local operations in September, tasked with driving commercial adoption, striking infrastructure partnerships, and navigating regional compliance.
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Calcutta Stock Exchange
Lite Updates · Policy · 26 Jun 2026 · 5 min

West Bengal Government Announces Plan to Revive Calcutta Stock Exchange

After thirteen years of dormancy, the newly elected state government has proposed backing the historic regional exchange in its 2026-27 budget to decentralise India's financial ecosystem and unlock local public-sector value.
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SuperLiving Founders Manavdeep Singh Grover and Gurjot Kaur
Funding · Healthcare · 25 Jun 2026 · 4 min

SuperLiving Raises $7 Million Series A Led by Lightspeed to Expand AI Wellness Platform

The Bengaluru-based startup has secured fresh capital to scale its preventive health platform, utilizing a proprietary AI memory layer to bring affordable, personalised wellness coaching to India’s smaller cities.
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BYJU's  Aakash
Lite Updates · 25 Jun 2026 · 5 min

MEMG and GLAS Trust Near Final Settlement Over Aakash Shareholding

Manipal Education and Medical Group and the US lenders’ representative are finalising documentation to divide the remaining value of the collapsed edtech empire’s crown jewel.
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Unnati Agri Founders Amit Sinha and the late Ashok Prasad
Funding · 23 Jun 2026 · 4 min

Unnati Agri Raises ₹17 Crore in Growth Capital From Recur Club

Following its merger with Gramophone, the integrated agritech platform is leveraging non-dilutive financing to fund seasonal inventory procurement and expand its rural distribution network ahead of a planned IPO.
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Sherlocks AI Founders Gaurav Toshniwal and Akshat Jain
Funding · SaaS & Tech · 23 Jun 2026 · 5 min

Sherlocks AI Raises ₹7.5 Crore Pre-Seed Round Led by SenseAI Ventures

Founded by former Doubtnut executives, the AI-native incident management startup plans to use the fresh capital to expand its autonomous enterprise infrastructure tools across North America.
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Square Yards Founders Tanuj Shori and Kanika Gupta
Funding · Real Estate · 23 Jun 2026 · 4 min

Square Yards Enters Unicorn Club With $95 Million Pre-IPO Funding Round

The Gurugram-based real estate platform has secured ₹900 crore in mixed debt and equity financing, relying on its massive financial services vertical to drive profitability ahead of a planned public listing.
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Oracle
Lite Updates · SaaS & Tech · 23 Jun 2026 · 4 min

Oracle Cuts 21,000 Jobs in Fiscal 2026 as AI Restructuring Costs Hit $1.84 Billion

The cloud-computing giant has slashed 13% of its global headcount, absorbing massive severance costs to aggressively pivot its capital toward artificial intelligence infrastructure and hyperscale data centers.
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Indian Professional AI
Lite Updates · SaaS & Tech · 23 Jun 2026 · 4 min

India Records 3.5 Lakh AI Job Openings in 90 Days Amid Rising Talent Deficit

A new workforce report reveals that despite possessing 920,000 AI professionals, Indian enterprises are struggling to find engineers capable of deploying complex generative AI models into production.
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Mitigata Founders Mohit Anand, Sarthak Dubey, Mayank Morya, and Akshit Kaushik
Funding · SaaS & Tech · 23 Jun 2026 · 3 min

Mitigata Raises $15 Million Series B Led by Bessemer Venture Partners

The Bengaluru-based startup has secured significant capital to expand its unified platform—combining threat detection, compliance automation, and cyber insurance brokerage—into the Middle East and Southeast Asia.
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Anagha Rajesh
Lite Updates · 23 Jun 2026 · 5 min

BioCompute Founder Shuts Down Bengaluru Lab to Relocate to San Francisco

After raising over ₹5 crore and building a DNA storage prototype in India, 24-year-old founder Anagha Rajesh is moving her hardware startup to Silicon Valley in search of higher investor risk appetite.
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CRED Kunal Shah Meta WhatsApp Global CEO
Funding · Fintech · 22 Jun 2026 · 5 min

Meta Invests $900 Million in CRED as Kunal Shah Becomes Global Head of WhatsApp

Meta has acquired a 20% stake in CRED at a $4.5 billion valuation, securing founder Kunal Shah to lead the world's largest messaging platform while the Indian fintech transitions to an interim CEO.
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Printing and Stationery of Indian Banks
Lite Updates · 21 Jun 2026 · 3 min

Indian Banks Spent ₹3,878 Crore on Printing and Stationery in FY25

Despite massive investments in digital infrastructure, legacy lenders like SBI and HDFC Bank continue to incur enormous physical printing expenses driven by regulatory mandates, physical branch expansion, and rural outreach.
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CRED Kunal Shah
Lite Updates · Fintech · 19 Jun 2026 · 4 min

Meta Reportedly in Talks to Invest in CRED at $4 Billion Valuation

The social media giant is reportedly exploring a major capital injection into the Kunal Shah-led platform, signalling a potential alignment of premium digital payments and WhatsApp’s massive discovery engine.
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Manali Couple
Lite Updates · 18 Jun 2026 · 2 min

Couple's Viral Post Reveals ₹5,000 Rent for Remote Working in Manali

A viral breakdown of a couple's remote working expenses highlights the growing friction between corporate return-to-office mandates and the extreme cost efficiencies of Tier-4 living.
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Pramaana Labs Founders Ranjan Rajagopalan, Krishnan Raghavan, and Sanjay Ganapathy Subramaniam
Funding · 18 Jun 2026 · 3 min

Pramaana Labs Raises $27 Million Seed Round Led by Khosla Ventures

The Palo Alto-based startup has secured massive early-stage capital from top-tier US and Indian investors to build a deterministic verification layer that catches AI errors in high-stakes fields like law, tax, and healthcare.
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Deepseek CEO
Funding · SaaS & Tech · 17 Jun 2026 · 4 min

DeepSeek Raises $7.4 Billion at $50 Billion Valuation

The Hangzhou-based AI laboratory has secured massive domestic capital to accelerate its open-source models, pressuring Western incumbents on enterprise inference costs while strictly preserving founder control.
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Solar Square Founders
Funding · 16 Jun 2026 · 4 min

SolarSquare Raises $53 Million Series C Led by B Capital to Expand Rooftop Solar Operations

The residential rooftop solar platform has secured fresh capital to expand its geographical footprint, capitalizing on government subsidies that are rapidly formalizing a traditionally fragmented installation market.
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Vir Das Apple Watch
Lite Updates · 16 Jun 2026 · 4 min

Vir Das Receives Fake ₹50,000 Apple Watch via Zepto; Company Issues Replacement

The quick-commerce unicorn replaced the counterfeit device following public backlash, exposing the operational friction of selling premium hardware through decentralized dark stores.
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Foodstories Founder Ashni and Avni Biyani
Funding · D2C · 15 Jun 2026 · 3 min

Foodstories Secures ₹50 Crore Led by Nikhil Kamath to Expand Premium Food Retail

The gourmet lifestyle platform, founded by Ashni and Avni Biyani, has raised fresh capital from the Zerodha co-founder to scale its digital delivery network and high-end experiential storefronts across India.
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HCLTech sarvam.ai
Lite Updates · SaaS & Tech · 15 Jun 2026 · 4 min

HCLTech Leads $234 Million Series B in Sarvam AI at $1.5 Billion Valuation

The IT services giant has secured a 10.46% stake in the Bengaluru startup, positioning itself to capture India's regulated enterprise AI market while equipping Sarvam with massive compute capital.
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Zumutor Founder Kavitha Iyer Rodrigues
Funding · Healthcare · 15 Jun 2026 · 4 min

Zumutor Biologics Raises $7.3 Million Pre-Series B to Advance US FDA Cancer Trials

The Bengaluru and Cambridge-based biotech firm has secured fresh capital to complete Phase 1 trials for its novel Natural Killer (NK) cell checkpoint inhibitor targeting solid tumors.
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Razorpay Office
Lite Updates · Banking & Finance · 15 Jun 2026 · 3 min

Razorpay Confidentially Files for $600 Million IPO Following Reverse Flip

The Bengaluru-based payments giant has confidentially filed for a $600 million public listing, accepting a valuation haircut to secure domestic liquidity.
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Rekise Marine Founder Maitrai Maka
Funding · 12 Jun 2026 · 2 min

Rekise Marine Raises $9.7 Million in Seed Round Led by Accel and NKSquared to Advance Naval Robotics

The fresh capital will fund sea trials for Jalkapi, India’s first extra-large autonomous underwater vehicle, while drastically expanding the company's AI and embedded systems engineering units.
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Deloitte SAP Delivery Centre Bangalore
Lite Updates · 11 Jun 2026 · 2 min

Deloitte India Inaugurates SAP Delivery Centre in Bengaluru to Build Agentic AI for Enterprises

The consulting giant plans to hire up to 500 specialized AI professionals over the next two years, establishing a dedicated command center to deploy autonomous workflows for global cloud migrations.
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Manam Chocolates Founder Chaitanya Muppala
Funding · D2C · 11 Jun 2026 · 3 min

Manam Chocolate Raises $9M in Series A Led by Omnivore to Expand Retail Footprint

The vertically integrated D2C brand will use the fresh capital to bypass global commodity volatility and scale its experiential retail stores to 18 locations across India.
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Tayab Khan UAE Lottery
Lite Updates · 11 Jun 2026 · 2 min

26-Year-Old Security Guard Wins Rs 15 Crore in UAE Lottery via Micro-Syndicate Strategy

Nepalese expat Tayab Khan’s Rs 15 crore individual payout highlights the massive, quiet trend of blue-collar syndicates pooling risk to crack the Middle Eastern lottery economy.
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Aashna Doshi
Lite Updates · 10 Jun 2026 · 2 min

Former Google Engineer Quits High-Paying New York Role After Four Years to Start Her Own Venture

A former Google software engineer's decision to leave a prestigious New York role to start her own venture highlights a growing wave of FAANG engineers choosing to build rather than climb.
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YourStory founder Shradha Sharma standing alongside Java Sports co-founders Nishant Ranjan and Trina Mukherjee
Funding · D2C · 10 Jun 2026 · 3 min

Patna-Based Java Sports Raises Angel Funding from YourStory Founder Shradha Sharma to Scale Cricket Gear Manufacturing

By launching an indigenous manufacturing hub along the Patna-Gaya Road, the D2C brand is orchestrating a structural reverse migration of highly skilled cricket equipment artisans back to their home state.
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Mygate co-founders Vijay Arisetty, Abhishek Kumar, and Shreyans Daga
Funding · SaaS & Tech · 10 Jun 2026 · 3 min

Mygate Raises ₹225 Crore in Funding Round Led by Dharana Capital to Expand Community Management Footprint

By transitioning from a simple visitor management tool into a high-margin advertising and ERP platform, the Bengaluru-based startup has secured fresh capital after achieving structural profitability in FY26.
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Employee Resigning from Her Office
Lite Updates · 10 Jun 2026 · 2 min

Bengaluru Executive Details Post-Exit Identity Struggles After Resigning from 11-Year Senior Management Career

Stepping off the high-performance treadmill after a long tenure exposes a hidden psychological vacuum, revealing how deeply personal identity blends with institutional validation.
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Integra Robotics Team
Funding · SaaS & Tech · 9 Jun 2026 · 2 min

Deeptech Startup Integra Robotics Raises $1.12 Million in Pre-Series A Round Co-Led by Finvolve and India Accelerator

By moving away from single-use hardware and developing a unified architecture that connects cobots, unmanned ground vehicles, and bionic hands, the deeptech startup is positioning itself to capture India’s rapidly growing defense and manufacturing automation markets.
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Immuneel Therapeutics Founders Kiran Mazumdar-Shaw and Siddhartha Mukherjee
Funding · Healthcare · 8 Jun 2026 · 2 min

Immuneel Therapeutics Raises Over ₹100 Crore in Series B Round to Scale Indigenous CAR-T Cancer Therapy

By leveraging its localized GMP manufacturing infrastructure, the Bengaluru-based biotechnology firm is successfully compressing the $500,000 cost of global CAR-T treatments into an affordable, indigenously built cell therapy for emerging markets.
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Software Engineer Driving Rapido
EV & Mobility · 8 Jun 2026 · 2 min

Six-Figure MNC Software Developer Moonlights as Weekend Rapido Rider to Offset Soaring Bengaluru Living Costs

A viral encounter with a corporate tech professional operating a bike taxi highlights how escalating fixed costs are outpacing standard middle-management salary growth in primary technology hubs.
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woman managing her independent café in Spiti Valley
Lite Updates · 5 Jun 2026 · 2 min

Bengaluru Professional Resigns from Corporate Career to Launch Independent Cafe in Spiti Valley

The migration of skilled urban professionals toward remote hospitality ventures highlights a growing rejection of corporate stress in favor of localized, low-overhead micro-businesses.
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Woman auto-rickshaw driver
Lite Updates · 4 Jun 2026 · 2 min

Former IT Manager Exits 9-Year Corporate Career to Drive Auto Rickshaw for ₹60,000 Monthly Income

Swapping corporate screen time for localized transit operations highlights a growing structural rejection of middle-management stress in favor of predictable daily cash flow and total schedule control.
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L&T Chairman SN Subrahmanyan and Tamil Nadu CM C Joseph Vijay at MoU signing ceremony in Chennai
Policy · 4 Jun 2026 · 2 min

L&T Signs Rs 18,600 Crore MoU With Tamil Nadu to Create 8,200 Direct Jobs

L&T Chairman and MD SN Subrahmanyan met Tamil Nadu CM C Joseph Vijay at the Chennai Secretariat on June 4 to formalise an investment that spans three projects and promises over eight thousand direct jobs.
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The Sweet Change Founders Manvi Agnihotri and Sheen Hitashi
Funding · D2C · 4 Jun 2026 · 2 min

The Sweet Change Raises Rs 1.7 Crore in Pre-Seed Funding Led by Rebalance to Scale Sugar Alternatives Portfolio

Founded by a clinical nutritionist, the direct-to-consumer brand plans to scale its online distribution footprint and launch new product formulations to capture a slice of India's $650 million sugar substitutes market.
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FirstClub Founder
Funding · E-commerce · 4 Jun 2026 · 3 min

FirstClub Raises $55 Million in Series B Round Led by Peak XV Partners and Sofina to Expand Product Categories and Supply Chain

Led by former Flipkart and Cleartrip executive Ayyappan R, the Bengaluru-based startup is leveraging a $255 million valuation to scale its lab-tested grocery model and penetrate adjacent consumer segments.
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