From startup story to stock market debut Lenskart is ready to go public. India’s leading omnichannel eyewear brand Lenskart has officially filed its DRHP with SEBI, aiming to raise ₹2,150 crore via fresh issue, while existing investors will offload up to 13.2 crore shares through an Offer for Sale (OFS). The IPO will also serve as a partial exit for major global investors:SoftBank will offload 2.55 Cr shares, Temasek 78.5 lakh, and Schroders Capital, PI Opportunities Fund, Kedaara Capital, and Alpha Wave will also trim stakes. Among the promoters, Peyush Bansal will sell 2.05 Cr shares, while co-founders Neha Bansal,…
Author: Aman Atulya
Your Story Is the First Product: Founders in the early days of a startup, no one knows what you’re building.No one cares about your pitch deck.And no one’s Googling your startup name. But they might Google you. That’s why in 2025, personal branding is not a nice-to-have — it’s a non-negotiable. Before Your Product Gets Noticed, You Have To Let’s say you’re building a B2B SaaS product in stealth.You’ve got a lean MVP. You’ve onboarded 12 test users.But your next customer? Your next investor?They’re not going to find you through search. They’re going to find you through signal — and…
India’s drone ecosystem just cleared for takeoff and Garuda Aerospace is leading the flight path. Chennai-based drone startup Garuda Aerospace, founded by Agnishwar Jayaprakash, has secured an export license to supply drones across international markets, including the US, Australia, and the Middle East. With this clearance, Garuda becomes one of the first Indian drone companies to formally break into the global supply chain marking a milestone for both Make in India manufacturing and India’s emerging deeptech exports. Known for its multi-sector drone solutions spanning agriculture, infrastructure, delivery, and disaster response Garuda has already built a presence at home with over…
It started with a pitch. A young founder from Kerala named Kasinath MS believed AI could change how Indian brands create content faster, smarter, and at a fraction of the cost. But for months, every cold email, every deck, every demo ended the same way:“Too early. Too risky. Too gimmicky.” Still, he didn’t stop. Alongside a small, relentless team, he built Skill Club not as a design agency, not as a course mill, but as a creator-tech engine powered entirely by AI. They didn’t just learn tools like Midjourney, Runway, D-ID, and ChatGPT they mastered how to use them for…
India’s battlefield innovation isn’t coming from legacy arms dealers. It’s coming from deeptech startups like Ammunic. In a signal to India’s growing strategic tech ambition, Bengaluru-based Ammunic Systems has raised $11 million (~₹91.6 Cr) in a seed round led by 8i Ventures, India Accelerator, and several marquee angel investors. Founded by Yashas Karanam and Srikar M, Ammunic is building next-generation defence and security technologies—combining AI, edge computing, and autonomous systems to serve India’s armed forces and allied sectors. This isn’t just about drones or surveillance.Ammunic’s focus spans across tactical communication systems, sensor fusion, combat-readiness platforms, and custom hardware-software defense stacks.…
What started as a satellite ad-tech experiment in 2008 is now one of India’s top global SaaS exports. Amagi, the Bengaluru-headquartered cloud broadcasting and streaming infrastructure company, has officially filed its draft papers with SEBI to raise ₹1,020 crore through a fresh issue. The IPO will also include an Offer for Sale (OFS) by existing investors, including Accel, Norwest Venture Partners, and Premji Invest. This move positions Amagi among a small but growing group of profitable Indian SaaS companies going public — with a global customer base and a strong play in the connected TV (CTV) space. Founded by Baskar…
The mobility startup that put Bengaluru’s autos on the map is back this time, connecting the entire city. After disrupting how auto rides are booked and billed in India’s tech capital, Namma Yatri has launched a new multi-modal mobility platform called Namma Transit. The goal: integrate Metro, auto-rickshaws, and cab services into one seamless commuter app. This rollout marks a major step in India’s open mobility movement, aligning with the Open Network for Digital Commerce (ONDC) and India’s push for interoperable, commuter-first urban transport. Built by Beckn Foundation and operated by Juspay, Namma Yatri has already served over 1.1 crore…
In a move that blends employee experience with sustainability, Akasa Air has partnered with eco-lifestyle brand uppercase to launch custom-designed travel gear for its cabin crew. The collaboration sets a new benchmark for design-driven utility in Indian aviation. Over four months of R&D, uppercase co-created a functional cabin gear kit based on real crew feedback. The result includes a hard-shell cabin stroller and a tote bag, both designed in Akasa’s signature orange, engineered to prioritize movement, convenience, and durability. Key features include dual wheels, TSA-approved locks, smart compartments for shoes and laundry, and a tote that locks seamlessly onto the…
Bengaluru-based VC firm Yali Capital has closed its inaugural deep‑tech fund at ₹893 crore (~USD 104 million)—surpassing its ₹500 crore target and the ₹310 crore greenshoe option. Founded in 2023 by Ganapathy Subramaniam (ex‑Cosmic Circuits) and Mathew Cyriac (ex‑Blackstone India), the firm is designed to channel patient capital into India’s high‑tech frontier. A dual‑structure fund—comprising a SEBI‑registered AIF and a GIFT City feeder vehicleenables both domestic and global investor participation. Deep‑Tech Thesis & Investment Focus Yali will invest across early stages (Seed, Series A) and late-stage rounds (Series D+), centering on: To date, Yali has backed five startups including notable firms like…
India’s largest online grocery player, BigBasket, saw a sharp rise in losses during FY25, even as its consolidated revenue slipped signaling challenges in sustaining growth amid rising competition and operational costs. According to filings sourced by Fintrackr, BigBasket’s parent company Supermarket Grocery Supplies posted a consolidated loss of ₹1,799 crore in FY25 a 4.3X increase compared to ₹414 crore in FY24. Meanwhile, its consolidated revenue dropped nearly 10% year-on-year to ₹6,528 crore, down from ₹7,253 crore in FY24. This decline reflects a weakening B2C performance despite recent expansions in Tier-2 cities and quick commerce. What’s Behind the Decline? The core…
