Archive

Thursday

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

6Stories
3Min Read
01
EV & Mobility 5 min read

Ultraviolette's New ₹779 Crore Plant Could Produce 500,000 EVs A Year

The arithmetic is worth setting out before anything else. Ultraviolette sold rather more than 3,000 motorcycles worldwide in the first half of this year. It is building a plant for 250,000 vehicles a year, expandable to …

02
Funding 7 min read

Swish Raises $24M for 10-Minute Food, a Category Swiggy and Zepto Backed Away From

The insight Swish was built on is narrower than ten-minute delivery, and better. Quick commerce trained Indian consumers to expect groceries in ten minutes while prepared food stayed stuck at forty. That gap created a sp…

03
Spotlight 8 min read

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

The gap Parmanu has identified is real, and it is worth stating clearly before picking at the numbers around it. India has spent three years attracting semiconductor investment and has been reasonably successful at it. W…

04
Funding 7 min read

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

Sekhon's framing of the problem is the most useful sentence in the announcement: fleet fuel fraud is a physical card problem disguised as a detection issue. That distinction is worth unpacking, because it explains why an…

05
Funding 6 min read

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

There is a real gap in the Indian accessories market and Theater has aimed at the middle of it. Buying a pair of shoes or a bag in India has long meant choosing between an imported brand priced for a different economy an…

06
SaaS & Tech 5 min read

Kuku Is Hiring 1,000 People For An AI Content Unit Ahead Of A ₹3,500 Crore IPO

An AI-led production unit that employs a thousand people is worth reading twice. Every automation story of the past month has run the other way. Zomato closed a support centre and cut 250 roles. Uber removed 3,300. Ford'…

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