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Tuesday

6 stories you need to know from India's startup ecosystem.

6Stories
3Min Read
01
Lite Updates 2 min read

The Billion-Dollar IPL Takeover: Kal Somani-Led Consortium Acquires Rajasthan Royals in $1.63 Billion Deal

The sheer scale of this $1.63 billion valuation underscores the IPL's explosion as a premier global sporting asset. The current owners had been exploring a full sale for the past six months to maximize their returns. Som…

02
Lite Updates 2 min read

IndiGo Appoints Former Air India Express CEO Aloke Singh as Chief Strategy Officer to Lead Global Expansion

This high-profile appointment comes at a highly volatile moment for IndiGo. Just two weeks ago, former CEO Pieter Elbers abruptly resigned following the fallout from the airline's unprecedented December 2025 operational …

03
Funding 2 min read

Somerset Indus Closes Oversubscribed $288M Fund to Back Mid-Market Indian Healthcare

The strong LP appetite for Somerset Indus's third fund highlights a clear structural shift in how institutional capital views the Indian healthcare market. Investors are currently moving past just backing early-stage con…

04
Policy 2 min read

AAP MP Raghav Chadha Urges Government to Crack Down on FMCG Brands Selling Sugar Syrup as Fruit Juice

The strategy used by these beverage giants is a classic case of regulatory arbitrage. While technically complying with existing FSSAI (Food Safety and Standards Authority of India) rules by including a "for representatio…

05
Banking & Finance 2 min read

Ananya Birla’s Svatantra Microfin Empire Scales Up: Hits ₹22,000 Crore AUM Following Chaitanya Merger

The rationale behind this massive consolidation is sheer scale and operational synergy. Svatantra initially acquired Chaitanya from Sachin Bansal’s Navi Group in late 2023. By legally merging the balance sheets and lendi…

06
Funding 1 min read

Swish Raises $38M in Series B Led by Hara Global and Bain Capital Ventures to Scale 10-Minute Food Delivery

Bengaluru-based ultra-fast food delivery startup Swish has successfully raised $38 million in a Series B funding round. The round was co-led by Hara Global and Bain Capital Ventures, with continued equity backing from Ac…

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