Battery Smart Raises $15 Million Debt Funding to Expand EV Battery Swapping Network
Battery Smart Secures Debt Funding for Expansion EV infrastructure startup Battery Smart has raised $15 million in debt funding from Mirova. The Gurugram-based company plans to use the funds to scale its battery-as-a-service (BaaS) infrastructure across India. Focus on Battery Swapping Infrastructure Battery Smart operates a platform that enables electric vehicle (EV) users to swap […]
Ethereal Machines Raises $28.5 Million at Nearly 4X Valuation Jump
Ethereal Machines Secures Series B Funding Deeptech manufacturing startup Ethereal Machines is set to raise ₹264.5 crore (approximately $28.5 million) in its Series B funding round. The round is led by Avataar Venture Partners, with participation from: Peak XV Partners Novellus Systems Other investors including Sustained Innovations, Eventures India, and Indigo Circle Advisors Significant Valuation […]
Pine Labs Acquires Shopflo for ₹88 Crore to Build Full-Stack E-commerce Platform
Pine Labs Expands E-commerce Capabilities with Shopflo Acquisition Indian fintech company Pine Labs has acquired ecommerce software startup Shopflo in an all-cash deal worth ₹88 crore ($9.3 million). The acquisition is part of Pine Labs’ strategy to evolve into a full-stack commerce platform, integrating both online and offline payment experiences for merchants. Strategic Focus on […]
PhonePe Crosses 10 Billion Monthly UPI Transactions, Leads India’s Digital Payments Market
PhonePe Hits Historic Milestone in UPI Transactions Walmart-backed fintech platform PhonePe has become the first UPI app in India to cross 10 billion monthly transactions, achieving this milestone in March 2026. The company processed 10.50 billion transactions, capturing approximately 46.4% of total UPI volume. Strong Performance Across Volume and Value PhonePe’s dominance extends beyond transaction […]
Kabeer Biswas’s New AI Startup ‘M’ Raises ₹102 Crore from Peak XV, Blume, and CRED
Kabeer Biswas Raises Fresh Capital for New Venture Former Dunzo co-founder Kabeer Biswas is raising ₹102 crore (around $11 million) for his new startup M. The funding round is backed by: Peak XV Partners Blume Ventures CRED (Dreamplug Technologies) Startup Vision: AI for Everyday Living Co-founded by Kabeer Biswas and Kartik Mishra, the startup is […]
Oolka Raises ₹130 Crore Series A Led by Accel at ₹730 Crore Valuation
Oolka Secures Series A Funding Fintech startup Oolka has raised ₹130 crore (approximately $14 million) in a Series A funding round, led by Accel. The round also saw participation from existing investors: Lightspeed Z47 Additionally, Vidit Aatrey and Sanjeev Barnwal participated in a personal capacity. Valuation and Funding Structure According to regulatory filings, Oolka has […]
LightFury Games Raises $11 Million to Build AAA Mobile Cricket Game eCricket
LightFury Games Secures $11 Million Funding Game-tech startup LightFury Games has raised $11 million (₹103 crore) in a pre-Series A funding round, led by: Blume Ventures V3 Ventures MIXI Times Internet The round also saw participation from prominent Indian cricketers including: MS Dhoni Jasprit Bumrah Hardik Pandya Ravindra Jadeja Shreyas Iyer This strong backing highlights […]
Emversity Acquires Lanstitut for $4.25 Million to Expand Global Healthcare Hiring
Emversity Acquires Lanstitut in Strategic Expansion Move Education-to-employment platform Emversity has acquired healthcare mobility startup Lanstitut Technologies in a deal valued at approximately $4.25 million. The transaction, structured as a mix of cash and stock, marks Emversity’s first acquisition as it expands into international healthcare hiring. Lanstitut to Operate Independently As part of the deal: […]
CureMeAbroad Raises $600K to Build AI-Powered Medical Tourism Platform
CureMeAbroad Secures Pre-Seed Funding AI-powered medical tourism platform CureMeAbroad has raised $600,000 in a pre-seed funding round to accelerate its growth and technology development. The round saw participation from a group of prominent investors, including Roman Saini, Himanshu Ratnoo, Kunal Gupta, Devaiah Bopanna, and Vikrant Potnis, among others. Addressing Gaps in Medical Tourism Founded in […]
Açaí Theory Raises ₹4 Crore Pre-Seed Funding to Expand Health-Focused QSR Brand
Açaí Theory Secures Pre-Seed Funding Health-focused quick service restaurant startup Açaí Theory has raised ₹4 crore in a pre-seed funding round, led by All In Capital. The round also saw participation from TDV Partners and several angel investors, including Rinshul Chandra, Harpreet Grover, Anurag Prasad, and Harish Varadarajan. Focus on Expansion and Operations The Bengaluru-based […]