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Thursday

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

7Stories
4Min Read
01
Fintech 7 min read

Safebox Raises $1.11M to Map What Indian Families Own Before Anyone Has to Look

₹86,917 crore is sitting in the RBI's Depositor Education and Awareness Fund, which is where bank deposits go when nobody has touched them for a decade. That is bank deposits alone. It does not count mutual fund folios n…

02
D2C 4 min read

betterhood Has Raised ₹11.5 Crore For Preventive Pain Care, Led By Sauce

The use of funds describes two businesses, and they are not the same business. Quick commerce and modern retail is a shelf. A back support sold through Blinkit or a pharmacy chain competes on price, placement and paid ac…

03
Fintech 4 min read

PayGlocal Has IFSCA Approval For A GIFT City Payments Subsidiary

Three regulators in three jurisdictions is the point of this, not the GIFT City address. Cross-border payments is a business where what you may legally do is decided separately in every country you touch. PayGlocal holds…

04
SaaS & Tech 4 min read

MathCo's Revenue Grew 24% In FY26 And Its Profit Fell 94%

The arithmetic is simple and it is the whole story. Revenue rose ₹119 crore. Expenses rose ₹184 crore. A company that adds more cost than revenue in a year converts growth into margin compression, and MathCo's operating …

05
Fintech 4 min read

Mastercard Has Sold Its Entire Pine Labs Stake For ₹934 Crore

A strategic investor leaving is a different signal from a financial one leaving, and the difference is worth holding onto. Venture funds and private equity firms sell because their funds have finite lives and their inves…

06
Markets & IPO 4 min read

NSE Listed At A 0.84% Premium, Which The Grey Market Had Already Predicted

The informal market got this right, and the way it got it right is the interesting part. When NSE's issue opened on 16 September, the grey market premium was ₹145, implying a listing gain of about 8 per cent. By the clos…

07
Funding 7 min read

ONYA Raises ₹12.5 Crore Having Doubled Its Stores and Kept the Economics Intact

The Indian diamond market has a gap in it that is easy to describe and has been hard to fill. A young couple in Bengaluru wants an engagement ring. The stone they like, in a natural diamond, costs several lakh rupees, wh…

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