Move strengthens leadership bench as Snabbit eyes larger funding round Quick home services platform Snabbit has announced that it is joining forces with the founding team of Pync, as it looks to accelerate expansion in India’s fast-growing on-demand home services market. As part of the acquihire, Pync founders Harsh Prateek, Mayank S, and Dev Priyam will join Snabbit in senior roles across operations and business functions. The deal brings the core team behind Pync into Snabbit, while the Pync brand itself will be wound down. About Pync and its pivot journey Founded in 2023, Pync began as a car-cleaning subscription…
Author: Aman Atulya
National Startup Day to reflect on India’s startup rise and next growth phase Prime Minister Narendra Modi will participate in a special programme on Friday to commemorate a decade of the Startup India initiative, where he is scheduled to interact with founders, investors, and ecosystem leaders from across the country. Launched on January 16, 2016, Startup India was conceived as a national mission to promote entrepreneurship, innovation, and investment-led growth. Over the past ten years, the initiative has played a decisive role in transforming India into one of the world’s most dynamic startup ecosystems. India’s startup ecosystem at 10 Since…
India’s Employability Gap Is Forcing Rethink of Higher Education India produces millions of graduates every year, yet employability remains uneven, especially in skills-heavy sectors like healthcare and hospitality. Traditional degree programs often lag industry requirements, creating a widening gap between academic credentials and job readiness. This has accelerated demand for embedded training models that integrate education directly with workforce outcomes. Funding Snapshot and Investor Confidence Higher-education embedded training platform Emversity has raised $30 million (around ₹271 crore) in a Series A round led by Premji Invest, with participation from Lightspeed and Z47.The round takes Emversity’s total funding to $46 million.…
India’s Credit Card Rewards Remain Largely Underutilised India has over 11 crore active credit cards, yet a majority of users either forget their reward points or redeem them inefficiently. While banks promote rewards aggressively, the lack of structured guidance means most consumers fail to extract real value, especially for high-impact categories like travel, hotels, and premium purchases. This gap has created space for platforms focused on reward optimisation rather than card issuance. Deal Snapshot from Shark Tank Personal finance startup Save Sage secured ₹4 crore in funding on Shark Tank India Season 5 after a detailed pitch on optimising credit…
Global Asset Managers Are Doubling Down on India India’s domestic asset management industry is entering a new phase of global integration. With rising retail participation, expanding SIP culture, and regulatory maturity, global asset managers are increasingly looking beyond distribution partnerships toward equity participation in Indian AMCs to secure long-term market access. Transaction Snapshot and Structure US-based State Street Investment Management will acquire up to a 23 percent stake in Groww Asset Management for $65 million (around ₹580 crore).The investment will be made in one or more tranches and includes ₹381 crore through secondary share purchases and ₹199 crore as primary…
Wind Energy Needs Smarter O&M as Assets Age India’s wind energy capacity has grown steadily over the last decade, but a large portion of installed turbines are now entering mid-to-late lifecycle stages. Asset owners are increasingly focused on improving uptime, extending turbine life, and protecting returns rather than adding new capacity alone. This shift is pushing demand toward advanced operations, maintenance, and data-driven asset management platforms. Funding Snapshot and Deployment Plan Coimbatore-based GreenTech has raised ₹30 crore (around $3.6 million) in its first institutional funding round. The round, comprising a mix of equity and debt, was led entirely by Transition…
Administrative Bottlenecks Are Slowing Oncology Care In oncology, treatment delays are often driven not by clinical complexity but by administrative friction. Prior authorisations, benefits verification, payer rule changes, and staffing shortages routinely push back therapy start dates, even as cancer care grows more specialised and time-sensitive. This operational gap has become a critical pain point across US health systems. Funding Snapshot and Investor Context Palo Alto–based Risa Labs has raised $11.1 million in a Series A funding round co-led by Cencora Ventures and Optum Ventures. The round also saw participation from Oncology Ventures, Z21 Ventures, and Ventureforgood.This follows a $3.5…
Flipkart-backed logistics unicorn eyes ₹1,907 crore public issue Flipkart-backed last-mile logistics company Shadowfax Technologies has fixed the price band for its upcoming initial public offering at ₹118–₹124 per share, as it prepares to tap public markets later this month. The ₹1,907 crore IPO will open for subscription on January 20, 2026, and close on January 22, with anchor investor allocation scheduled a day earlier. The issue comprises a fresh issue of around ₹1,000 crore and an offer for sale (OFS) of approximately ₹907 crore. Who is selling in the OFS The OFS will see partial exits from several marquee investors,…
India’s Construction Materials Market Remains Fragmented India’s home renovation and construction market is large but operationally inefficient. Consumers continue to face delays, opaque pricing, and authenticity risks due to fragmented supplier networks and unorganised distribution. As the supplier ecosystem begins to formalise, construction-tech startups are stepping in to modernise procurement and improve the end-user experience. Funding Snapshot and Early Traction Delhi-based HandyPanda has raised ₹2 crore (around $240,000) in a pre-seed funding round led by AJVC, with participation from angel investors including Sankalp Kathuria and family offices linked to building materials businesses.Launched in September 2025, HandyPanda is close to achieving…
Women’s Hygiene Is Becoming a Scaled Consumer Category India’s women’s hygiene and wellness market has moved beyond awareness-led consumption to consistent, everyday usage. Rising health consciousness, wider retail access, and category formalisation are turning intimate and menstrual care into large, repeat-driven consumer segments, attracting growth-stage capital from global healthcare investors. Funding Snapshot and Capital Structure Delhi-based Pee Safe has raised $32 million (around ₹265 crore) in a funding round led by OrbiMed. The round included a mix of primary capital and partial exits for some early investors.With this round, Pee Safe’s total funding has reached $45.55 million, with Alkemi Partners…