Bobakat Parent Kathy’s Beverages Raises ₹6 Crore in Pre-Series A Round
Kathy’s Beverages Secures Pre-Series A Funding Mumbai-based beverage startup Kathy’s Beverages, which operates bubble tea brand Bobakat, has raised ₹6 crore in a pre-Series A funding round. The startup plans to use the fresh capital to strengthen its product portfolio and expand its retail presence across India. Focus on Bubble Tea and Urban Beverage Trends […]
Construction Robotics Startup Flo Mobility Raises $2.5 Million Pre-Series A Funding
Flo Mobility Secures Pre-Series A Funding Bengaluru-based construction robotics startup Flo Mobility has raised $2.5 million in a pre-Series A funding round co-led by: Mela Ventures Arali Ventures The startup plans to use the fresh capital to accelerate product development, expand deployments, and enter global markets. Focus on Construction Robotics and Physical AI Founded in […]
Women-Focused Travel Gear Brand NORI Raises $350K in Pre-Seed Round
NORI Secures Pre-Seed Funding Bengaluru-based travel gear startup NORI has raised $350,000 in a pre-seed funding round led by Rebalance. The round also saw participation from: Vijay Shekhar Sharma VSS Investco Other angel investors The startup plans to use the fresh capital to expand its product portfolio and strengthen both online and offline distribution channels. […]
Ola Cabs’ Revenue Falls 42% to ₹1,171 Crore in FY25 as Losses Double
Ola Cabs Faces Sharp Revenue Decline in FY25 Ride-hailing platform Ola Consumer, formerly known as Ola Cabs, reported a major decline in financial performance for FY25 as competition intensified in India’s mobility market. The company’s operating revenue dropped by 42% year-on-year to: ₹1,171 crore in FY25compared to ₹2,012 crore in FY24 At the same time, […]
Skyroot Aerospace Becomes India’s First Spacetech Unicorn After $60 Million Funding
Skyroot Aerospace Enters Unicorn Club Hyderabad-based spacetech startup Skyroot Aerospace has raised $60 million (around ₹570 crore) in a new funding round, pushing its valuation beyond $1.1 billion. With this milestone, Skyroot has officially become India’s first spacetech unicorn. Investors Backing the Funding Round The funding round was co-led by: Sherpalo Ventures GIC Other participants […]
InCred Reports ₹1,849 Crore Revenue in First 9 Months of FY26 Ahead of IPO
InCred Files Updated DRHP for IPO Fintech and lending platform InCred Holdings, the parent entity of InCred Financial Services, has filed its updated draft red herring prospectus (UDRHP) with Securities and Exchange Board of India for its upcoming IPO. The company plans to raise: ₹1,250 crore through a fresh issue Additional capital through an offer […]
Pocket FM Lays Off Over 100 Employees Amid Operational Restructuring
Pocket FM Conducts Fresh Round of Layoffs Audio entertainment platform Pocket FM has reportedly laid off over 100 employees, impacting nearly 10% of its workforce, according to sources cited by Entrackr. The move is said to be part of the company’s broader effort to improve operational efficiency and increase revenue per employee. Workforce Impact and […]
Kissht Raises ₹278 Crore from Anchor Investors Ahead of IPO Launch
Kissht Secures Strong Anchor Investor Backing Digital lending platform Kissht, operated by OnEMI Technology Solutions, has raised ₹278 crore (around $30 million) from anchor investors ahead of its IPO launch. The company allotted 1.62 crore equity shares at the upper price band of ₹171 per share on April 29. The anchor round comes just before […]
Prithu Raises ₹10 Crore Seed Funding to Scale Climate and Carbon Credit Platform
Prithu Secures Seed Funding for Climate Tech Expansion Climate-tech startup Prithu has raised ₹10 crore in a seed funding round led by Transition VC. Prior to this, the Gurugram-based company had secured ₹38 lakh in an angel round, including support from the Startup India Seed Fund. Focus on Carbon Removal and Agriculture Founded in 2024 […]
Bluestone Reports 48% Revenue Growth in Q4 FY26, Turns Profitable for the Year
Bluestone Delivers Strong Quarterly Growth Omnichannel jewellery retailer Bluestone reported a 48% year-on-year increase in revenue for Q4 FY26, reaching ₹681 crore, compared to ₹461 crore in the same quarter last year. The company also posted a profit of ₹31 crore for the quarter, marking a significant turnaround from a loss in the previous year. […]