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 […]
OpenAI CTO Srinivas Narayanan Resigns, Plans Return to India
Srinivas Narayanan Steps Down from OpenAI OpenAI CTO for B2B applications, Srinivas Narayanan, has announced his resignation, marking the end of a three-year tenure at the company. Narayanan will step down by the end of next week, citing personal reasons and a desire to spend time with his aging parents in India. Decision Comes After […]
IndiGo Invests in Sarla Aviation to Enter Electric Flying Taxi Market
IndiGo Takes Strategic Bet on Urban Air Mobility India’s largest airline IndiGo has invested ₹10 crore in Sarla Aviation, marking its entry into the emerging electric air taxi segment. The investment was made through IndiGo Ventures in January and reflects the airline’s growing interest in next-generation urban mobility solutions. Sarla Aviation’s Vision for Flying Taxis […]
Lenskart Clarifies Grooming Policy After Backlash; No Restrictions on Religious Symbols
Lenskart Responds to Grooming Policy Controversy Eyewear retailer Lenskart has addressed concerns over its employee grooming policy following social media backlash. Founder Peyush Bansal clarified that the company does not impose restrictions on employees wearing religious symbols. Viral Document Sparks Debate The controversy began after a screenshot of an alleged internal grooming policy circulated widely […]