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

7Stories
4Min Read
01
Funding 6 min read

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

The problem HerSpace is addressing is one of the more concrete bottlenecks in Indian manufacturing, and it has been visible for years. India's electronics assembly build-out has concentrated in a handful of industrial be…

02
Funding 5 min read

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

The interesting decision here is architectural, and it is a business choice dressed as a technical one. Almost every voice AI company sells an API. You send audio to a cloud endpoint and get text or a response back. That…

03
E-commerce 4 min read

Swiggy Is Selling Lynk To Udaan For ₹500 Crore And Putting ₹75 Crore Back In

The direction of the money is the part worth pausing on. Swiggy is selling a business for ₹500 crore and receiving no cash for it. The consideration is preference shares. It then puts ₹75 crore of its own money in on top…

04
Fintech 4 min read

InsurTech Funding Hit A Four-Year High, And 99.1% Of It Went To AI Companies

Ninety-nine point one per cent is not a preference. It is a filter. A funding market where every cheque above $5 million goes to a single category is not weighing AI against the alternatives. It has stopped considering t…

05
Funding 5 min read

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

The instinct is to read a flat round as a marketing problem, a brand that stopped growing because it stopped spending. The FY25 numbers say the opposite, and they are worth setting out properly. DaMENSCH spent ₹27.5 cror…

06
Funding 5 min read

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

Most consumer brands at this stage raise money to buy customers. This one is raising it to build supply, and in pet food that is the correct instinct. Kibble is heavy, cheap per kilogram and bought again every few weeks.…

07
Funding 5 min read

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

The interesting thing about Pixxel is not that it takes pictures of Earth. Plenty of companies do. It is what its satellites can see that others cannot. A conventional Earth observation satellite captures around eight co…

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