Awfis’s profit after tax surged 66% to Rs 71 crore, propelled by GCC‑region demand, while a Rs 2,000 crore AI and deep‑tech fund highlights fresh capital for India’s tech startups.
Co‑founder Sanjay Byalal Jagannath has left Exponent Energy, the EV rapid‑charging startup he launched in 2020 with Arun Vinayak. The exit, described as a strategic, mutual decision, raises questions about the firm’s growth plans in India’s fast‑moving electric‑vehicle market.
TIEA Connectors, a Bangalore startup, secured ₹77 crore in Series A funding to expand its electrical connector manufacturing and reduce India's reliance on imports.
Physis Capital sealed the final close of its Rs 400 crore maiden fund, aiming to back 15‑20 startups in consumer‑tech, fintech and deep‑tech by the end of 2026. The move underscores growing confidence in early‑stage venture capital in India.
Ola Electric has cleared regulatory hurdles to launch a commercial e‑scooter built on its S1 platform, targeting food‑delivery and logistics fleets across India.
Former CARS24 India CEO Himanshu Ratnoo becomes a cofounder of Dhoni‑backed e‑bike startup EMotorad, bringing scaling expertise to the electric mobility space.
Indian D2C brands face rising oil and packaging costs, pushing many into a repricing mode. Aequs' Q4 slowdown underscores the sector's margin pressure.
Tiea Connectors, a leading connectors startup, raises Rs 77 Cr in Series A funding led by IvyCap Ventures to drive growth and innovation.
Fairdeal.Market, a B2B quick-commerce platform, has raised $15 million in Series A funding led by Bertelsmann India. The company aims to scale its dark stores network and expand delivery capabilities with the fresh funding.
Indian startup Bucketlistt raises ₹1.07 crore in pre-seed funding to build experiences infrastructure, a crucial component of the country's growth strategy.
Flexprice, an Indian startup, has raised $1.5 million in seed funding to expand its global AI billing infrastructure. The funding will help Flexprice enhance its AI-powered billing solutions for businesses worldwide.
Yoho, an Indian startup, has raised fresh funding to expand its offline presence and performance running category, marking a significant milestone in its growth journey.
Venture investments in India plummeted to $2.7 billion in April, with a 29-month low in transactions. The rupee's depreciation and geopolitical tensions are major concerns for investors.
Fundamentum co-founder Ashish Kumar has launched a ₹2,000 Cr AI and deeptech fund, backed by Nandan Nilekani as the anchor investor. The fund will focus on investing in startups operating across consumer, enterprise, and physical AI segments.
