Maiden Fund Close Strengthens Early-Stage Capital Availability Equirus InnovateX Fund (EIF), the early-stage venture arm of the Equirus Group, has announced the final close of its maiden B2B tech fund at ₹166 crore. The SEBI-registered Category I Alternative Investment Fund focuses on seed to pre-Series A startups building in SaaS, deep tech, and fintech sectors. The fund aims to support startups that have launched products and are progressing toward product-market fit, with emphasis on defensibility, distribution strength, and sustainable business models. Investor Participation and Portfolio Deployment The fund attracted domestic and global investors, including founders and operators such as Girish…
Author: Aman Atulya
Edtech startup Beep has raised $850,000 (approximately Rs 7 crore) in a pre-Series A funding round backed by Knowhere Ventures LLC, Pacific Global Solutions Limited, and LeadAngels FLV. The round also saw participation from angel investors Vipul Prakash, founder of wowJobs, and Sandeep Johri, former CEO of Checkmarx. With this, Beep’s total funding to date has reached $1.5 million, reflecting growing investor interest in AI-driven career platforms for emerging talent. Expansion Plans and Capital Deployment The fresh capital will be used to scale Beep’s user base, onboard 150 additional colleges over the next nine months, and expand its industry aligned…
Intrinsic Foundries has raised Rs 12 crore (approximately $1.4 million) in a seed funding round led by Transition VC to accelerate its carbon-to-value biomanufacturing platform. The funding highlights growing investor interest in deeptech solutions that convert industrial emissions into commercially viable and sustainable products. Funding Use and Expansion Plans The fresh capital will be deployed to execute industrial pilots, expand research and development, file intellectual property, and strengthen engineering and commercial teams. The company also plans to scale its manufacturing capabilities and establish a US entity to support global market expansion. These investments will help Intrinsic Foundries accelerate commercialization and…
Founder Returns to Lead Full-Stack Banking Expansion Fintech company Slice has appointed its founder Rajan Bajaj as Managing Director and Chief Executive Officer. Bajaj previously served as Executive Director, and his appointment has been approved by the company’s board, shareholders, and the Reserve Bank of India. The leadership move follows Slice’s transition into a regulated banking entity after its merger with North East Small Finance Bank in 2024, marking a key shift from a consumer fintech startup to a full-stack digital bank. Building Lending, Payments, and Banking Infrastructure Founded in 2016, Slice has grown to serve more than 20 million…
New Delhi Hosts the Most Defining AI Gathering of the Decade Something historic is unfolding inside Bharat Mandapam. As Prime Minister Narendra Modi inaugurates the India AI Impact Summit 2026, India is no longer positioning itself as just a technology market. It is positioning itself as an AI superpower. For the first time, the world’s most influential AI builders, Big Tech CEOs, startup founders, and global policymakers have gathered in India not to observe, but to participate in shaping the next era of artificial intelligence. With over 2.5 lakh visitors, 3,250 speakers, 600 startups, and participation from 100 countries, the…
Expansion Reflects Growing Demand for Flexible Offices Flexible workspace operator WeWork India Management Ltd has opened a new co-working centre in Gurugram with a seating capacity of over 1,200 desks. The facility, named ‘WeWork Atrium Place’, is located in Udyog Vihar and spans 90,000 square feet, according to a regulatory filing. The new centre has been established in leased office space from real estate developer DLF Limited, which WeWork India will sub-lease to enterprises and businesses seeking flexible office solutions. Strengthening Presence in Key Commercial Markets Launched in 2017, WeWork India has steadily expanded its footprint across major commercial hubs…
LocalHost has raised $2.5 million in an angel funding round from InVideo, RedBull India, Anthropic, and Eros International to expand its global founder labs and strengthen its early-stage startup ecosystem. The funding highlights growing investor interest in infrastructure platforms supporting young founders building in AI, robotics, and emerging technologies. Funding Purpose and Expansion Plans The fresh capital will be used to expand LocalHost’s infrastructure, strengthen hardware capabilities, and scale operational teams across multiple regions. The company also plans to support additional founder cohorts globally, enabling more early-stage builders to access technical resources, workspace, and ecosystem support. LocalHost is expanding its…
Venture capital firm ValleyNXT Ventures has launched Bharat Breakthrough Fund–I, a SEBI-registered Category I venture capital fund, with a total corpus of ₹400 crore. The fund will focus on investing in seed to pre-Series A startups, particularly in deep-tech and technology-first sectors. The fund aims to address a key gap in early-stage startup growth, where founders often struggle with fragmented mentorship, scaling pressure, and lack of execution support during the transition from validation to scale. Fund Structure and Sector Focus Bharat Breakthrough Fund–I has a base corpus target of ₹200 crore, along with a greenshoe option of an additional ₹200…
India’s luxury economy is expanding far beyond the expectations of the Indian audience. Big Boy Toyz has launched the BBT Auctions, marking its formal entry into the organised luxury auction space. The platform debuted with the sale of VIP registration number DDC 0001 for ₹2.08 crore, now recognised among the highest-ever reported transactions. A Record That Signals Market Depth The winning bid came from a buyer in Guntur, Andhra Pradesh, underscoring how premium demand is spreading beyond metro cities. At ₹2.08 crore, the transaction establishes a new benchmark for digital-first luxury auctions in India and reflects growing appetite for rare,…
India spends thousands of crores every year on healthcare.Hospital bills.Insurance claims.Diagnostics.Surgeries.Private treatment.But until now, most retail investors didn’t have a simple way to invest directly in India’s hospital sector as a theme.That just changed. What Just Happened? Groww Mutual Fund has launched two new passive investment schemes: What Is an ETF (In Simple Language)? Think of an ETF like a basket.Inside this basket are shares of multiple hospital companies.When the hospital sector grows, the basket may grow too.You don’t choose individual companies.You get exposure to the entire sector.The ETF directly tracks the index.The ETF FOF (Fund of Fund) invests in…