STARTUPS
Jio Drew ₹2.5 Lakh Crore Of…
StartupFox
Jio Drew ₹2.5 Lakh Crore Of Anchor Bids For ₹8,110 Crore Of Stock
Anchors bid thirty times what was on offer. The band was still set below what the market had been told to expect.
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Even Healthcare Raises $50M to Build Hospitals That Earn More When Patients Need Them Less
The managed-care company is paid through memberships, so shorter stays and fewer readmissions help its margins. It plans five new Bengaluru hospitals after losing ₹90 crore on ₹25 crore of revenue in FY25.
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MARKETS & IPO
Flipkart's Logistics Revenue Rose 2.4 Times…
StartupFox
Flipkart's Logistics Revenue Rose 2.4 Times While Its Marketplace Commissions Fell 44 Per Cent
Logistics revenue rose 2.4 times as marketplace commissions fell 44 per cent. A third of the reported loss was non-cash ESOP charges.
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STARTUPS
Urban Company Loses ₹279 On An…
StartupFox
Urban Company Loses ₹279 On An Order Worth ₹114, And Is Raising ₹2,500 Crore To Keep Going
Loss per order fell 19 per cent. Order value fell 17 per cent. The board approved a ₹2,500 crore raise the same day.
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RapidCanvas Raises $29M on the Bet That AI Pilots Fail for Lack of People, Not Software
The Simility founders pair an AI platform with field engineers who build each customer's applications and stay responsible for the results. Recurring revenue has grown eightfold in six quarters.
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The Stack Raises ₹21.5 Crore on a Bet That Indians Will Pay More for Better Magnesium
The Goa brand names its ingredient forms and suppliers and sells only five products. One in three customers reorders within six months, and the top tenth of buyers bring in nearly a third of revenue.
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Circle Raises ₹25 Crore to Take the Risk Out of Buying Second-Hand From Strangers
Classifieds connect buyer and seller and leave the rest to them. Circle verifies the item, holds the payment and moves the goods, which is safer for users and far more expensive to run.
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Adani and Jabil Sign a Non-Binding Deal to Build AI Racks in India, Not the Chips Inside Them
The proposed 50:50 venture would assemble racks, servers and networking gear and make power and cooling systems. The GPUs still come from abroad, and the anchor customer may be Adani's own data centres.
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wudhomes Raises ₹2.5 Crore to Own Every Step From Inspiration to a Custom Sofa
The Bengaluru startup makes custom sofas in its own factory and sells them through a store, home visits and visualisation software. It is a heavy model for ₹2.5 crore, in a category that has humbled bigger rivals.
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Manus Raises $500 Million From Chinese Backers After Beijing Blocked Its Sale to Meta
The AI agent company moved to Singapore, sold itself to Meta for about $2 billion, and was ordered by Beijing to undo the deal. Its new round is led by Boyu Capital and IDG, with Tencent returning.
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Getty Images Plans Bankruptcy to Go Private, With the Getty Family and Koch Taking All of It
Revenue hit a record in 2025. The debt, a collapsed $3.7 billion Shutterstock merger and AI's pressure on stock photography did the damage. The new owners would hold all of the reorganised company.
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Boldfit Raises ₹400 Crore to Take a Profitable Online Brand Into Stores and Factories
It earned ₹35 crore on ₹304 crore of revenue in FY25 selling fitness gear online. The new money goes into retail, manufacturing and acquisitions, the capital-heavy parts of a sports brand.
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The Dough Therapy Raises ₹5.25 Crore to Double Its Vegetarian Pizza Chain and Take It Beyond Mumbai
Ten Mumbai outlets become the base for twenty within a year. A quarter of the money goes into supply chain and central operations, because consistency is where pizza chains break as they grow.
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Zinara Raises ₹3.6 Crore to Put Real Lab-Grown Diamonds on Gold-Plated Silver
The stones are certified lab-grown diamonds; the metal is 18K gold vermeil, sterling silver under a gold layer. That is how a diamond ring reaches ₹5,000, and what a lifetime warranty has to cover.
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Zomint Raises ₹36 Crore to Turn a YouTube Finance Audience Into Wealth Clients
Every client so far came from Bekifaayati, its co-founder's 50-lakh-subscriber finance channel. Zomint is a mutual fund distributor, so it earns from the funds those clients buy.
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byteXL Raises $9M to Teach AI Inside the Engineering Degree, Not After It
The Hyderabad company sells to colleges, not students, building skills into the four-year degree. Its test is placements, in entry-level IT jobs that AI is rapidly reshaping.
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Desible.ai Raises ₹32 Crore for Bank AI Agents That Can't Ad-Lib a Disclosure
Its voice agents run collections, renewals and claims calls for 40-plus banks, NBFCs and insurers. The conversation can flow; disclosures, consent and escalations follow fixed rules.
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India's NDude Labs Leads $3M in SuperMush, Betting on Both Ends of the Supplement Aisle
Three weeks ago the investor bought into a Mumbai maker of clinically studied supplement ingredients. Now it has led the round in a US brand selling shilajit gummies at Target.
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CureMeAbroad Raises $1.1M to Send Western Patients to Surgeons in Turkey, Mexico and India
The Pune company is not built to bring patients to India. It sends patients from the US, UK and Australia to whichever country fits, and India is one option among six.
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Kinetic Age Raises $250K for At-Home Care That Children Buy for Ageing Parents
It brings physiotherapy, training, nutrition and a doctor to older adults at home, with a relationship manager keeping their families informed. The funding pitch widens it to everyone over 40.
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QpiAI Borrows ₹50 Crore at 13.85%, Due Two Years Before Its 1,000-Qubit Target
The quantum company earned about ₹2 crore in FY25. A year's interest on this debt is roughly ₹6.9 crore, so repayment rests on the next equity round, not on quantum revenue.
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Scooter Raises ₹1.5 Crore to Test Salespeople on Selling, Not on Selling Themselves
A sales interview rewards the candidate who pitches themselves best to a friendly buyer. Scooter shows managers how candidates handle real objections before they see the CV.
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Seeds Fincap Raises ₹100 Crore to Lend to Businesses Too Small to Have a Balance Sheet
Its 70,000 borrowers average about ₹1 lakh each, assessed on cash flow rather than paperwork. For a lender, this equity is what makes several times as much borrowing possible.
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Unveilr Raises at ₹16.7 Crore to Do the AI Search Work That Dashboards Only Measure
Profound just raised $180 million selling software that tracks brands in AI answers. Unveilr's founder argues nobody wanted another dashboard, and sells the work itself.
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Google Gives Gemini 4 Argon to Cyber Defenders First, Without the Guardrails
The model reaches trusted cyber defenders first, without the restrictions that stop it helping with security work. Google's own staff reportedly find it better on tests than on real tasks.
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Arivihan Raises $10M for Teaching Without Teachers, Priced at Thirty Times Revenue
Revenue of ₹3.14 crore against a loss of ₹4.45 crore, priced near $60 million. The bet is that teaching without teachers holds its margin as it scales.
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Bharat Housing Network Turns Its Mortgage Rails Toward Solar Panels and EVs
This is borrowed money, not equity, and the cost of it is the business. The company named for housing is lending it against solar panels and electric vehicles.
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Alive App Raises $1M After Bengaluru Turned Its First Profitable Quarter
Bengaluru turned its first profitable quarter, which means the oldest city is now funding the newest. The harder problem is getting people to come back.
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Balwaan Krishi Raises ₹100 Crore to Stop Importing the Machines It Sells
Most small farm equipment sold in India is assembled from imported parts. The bulk of this round is going into making them in Jaipur instead.
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Amaani Has Raised $5 Million For Its Arab-Ingredient Beauty Brand AÏZA
The brand launched in December 2024, so the ninefold growth is measured against a first half-year. What it does track is the move onto shelves it does not pay for.
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Rivet Raises $10.5M From Peak XV to Undo What Its Founder Helped Build at Tinder
Taru Kapoor spent eight years at Tinder before building the app that argues swiping was the mistake. Peak XV and Blume are funding it from India.
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Safebox Raises $1.11M to Map What Indian Families Own Before Anyone Has to Look
Two founders survived a near-fatal accident and found no product that would have told their families what they owned. ₹86,917 crore sits unclaimed in bank deposits alone.
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betterhood Has Raised ₹11.5 Crore For Preventive Pain Care, Led By Sauce
The money funds two different businesses at once: quick commerce shelves and a community of 7,000 physiotherapists. Only one of them is defensible.
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ONYA Raises ₹12.5 Crore Having Doubled Its Stores and Kept the Economics Intact
Eight stores and ₹3.5 crore a month, up from four and ₹2 crore ten months ago. Revenue per store slipped slightly, which is what healthy retail expansion looks like.
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Ultraviolette Raises $85M, Taking It to $151M Against ₹32 Crore of Revenue
The round takes disclosed funding to $151 million since August 2025. FY25 revenue was ₹32.3 crore on 547 vehicles, which tells you what is actually being funded.
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Indian Walker Raises at ₹20 Crore for Bags Built on a Rapido Rider's Commute
The round size is undisclosed and most of it goes into stock. Bags are a forgiving category for that, because a backpack has no sizes and does not go out of season.
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Adani Puts ₹2 Crore Into Durga Puja, Aimed at the Artists Rather Than the Banners
Eight committees will receive ₹25 lakh each, with a preview tour from 10 to 12 October. The money is aimed at the making rather than the visibility.
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Protein Pantry Raises ₹9 Crore to Build the Factory That Makes Chaap Without Maida
Factories turned down the recipes, so the founders built their own. The funding goes into that plant, making soya chaap without the refined flour most brands bulk it out with.
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Prime Industries to Raise ₹11.86 Crore From Omega Seiki Mobility Founder Uday Narang
The OSM founder will take about 11.32 percent through a preferential issue at ₹42 a share, and a director from his group has already joined the board.
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MoroMaa Raises ₹1.5 Crore for 9%, the Same Terms ajvc Offered Two Days Ago
Three months after launch, and on exactly the terms ajvc gave Slayd two days ago. The fund appears to run a fixed price rather than negotiate one.
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