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Monday

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

6Stories
3Min Read
01
Lite Updates 4 min read

Snitch Acquires Womenswear Brand Berrylush To Enter India's Women's Fashion Market

Snitch runs a vertically integrated fast fashion operation. It designs to a weekly drop cycle, holds inventory tight, manufactures through relationships its founder built over a decade as a garment supplier, and sells th…

02
Lite Updates 5 min read

Cactus Partners Targets ₹1,600 Crore for Fund II With Plans for 13 to 15 Investments

A venture fund's shape is set by three numbers: corpus, cheque size and investment count. Cactus has stated all three, and they sit awkwardly together. Thirteen to fifteen initial cheques at the bottom of the stated rang…

03
Lite Updates 5 min read

Amazon Cuts Jobs in Its Artificial General Intelligence Group After 16,000 January Layoffs

The AGI organisation is where Amazon concentrated its attempt to build frontier models in-house rather than rent them. That attempt has been expensive and, by the company's own account, incomplete. DeSantis told CNBC las…

04
Funding 5 min read

Omega Seiki Mobility Raises ₹50 Crore From Securocorp Securities And Family Office Investors

Omega Seiki sells vehicles. Revenue comes from units moving through a dealer network, at roughly 600 to 700 electric three-wheelers a month by the company's own account. That is a manufacturing business with a manufactur…

05
Fintech 5 min read

PhonePe Reports ₹7,920 Crore FY26 Revenue As Net Loss Widens 62 Percent To ₹2,792 Crore

PhonePe makes money by processing volume and by selling financial products on top of it. Transaction processing fees run across bill payments, digital gold and travel bookings. Platform fees, subscriptions for payment de…

06
Markets & IPO 5 min read

Veefin Solutions Board Approves ₹35 Crore Non-Convertible Debenture Issue On Private Placement

Veefin sells software to lenders. Its platforms handle supply chain finance, trade finance, cash management, digital banking and loan origination for banks, NBFCs and fintech firms, and its PSBXchange platform runs with …

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