India’s lending landscape just got a major boost.Trident Growth Partners (TGP), a leading growth-stage private equity firm, has invested ₹120 crore in Mumbai-based NBFC Credit Wise Capital (CWC), as part of a ₹200 crore funding round — marking CWC’s first institutional capital raise.This is the second big bet from TGP’s ₹2,000 crore debut fund, signaling strong conviction in India’s emerging credit infrastructure.Fueling India’s Tier II–IV Lending BoomFounded by Aalesh Avlani and Gurpreet Singh Sodhi, Credit Wise Capital focuses on two-wheeler loans and MSME lending, especially across underserved Tier II to IV cities. With operations in 215+ cities across 10 states,…
Author: Shashank Prakash
Square Yards, one of India’s leading proptech platforms, is preparing to raise ₹2,000 crore through an initial public offering (IPO), targeting a valuation between $1.5–2 billion, according to sources familiar with the matter.Headquartered in Gurugram, the company is currently in the process of appointing investment bankers and is expected to file its Draft Red Herring Prospectus (DRHP) within the current financial year.The proposed ₹2,000 crore IPO will be equally divided between primary and secondary components. A significant portion of the capital raised will be allocated toward providing exits for early investors and reducing the company’s debt burden.Founded in 2013, Square…
About E-Cell, IIT BombayThe Entrepreneurship Cell of IIT Bombay is Asia’s largest non-profit student-run organization, having received patronages from UNESCO, Make in India, Startup India, and Digital India. It aims at manifesting the latent entrepreneurial spirit among the youth of this country and serves as a dynamic platform that encourages entrepreneurship across India through its year-long initiatives.About NECLaunched with the vision of creating a robust entrepreneurial ecosystem at the grassroots level, NEC provides a structured pathway for colleges to establish and nurture student-run E-Cells. Through carefully curated challenges, mentorship, and exposure opportunities, NEC transforms college students into entrepreneurial leaders of…
India’s homegrown e-commerce giant Meesho has taken a major step towards going public — and it’s doing it quietly.The company has confidentially filed its Draft Red Herring Prospectus (DRHP) with SEBI, planning to raise a massive ₹4,250 crore (~$500 million) through a primary share sale, according to sources.This move follows Meesho’s bold reverse flip back to India, positioning itself as a fully Indian company ahead of its IPO dreams. Just last month, Meesho transitioned from a US-registered entity to an Indian one — a move that reportedly cost $288 million but set the stage for a blockbuster public debut.Earlier buzz…
Jumbotail, a leading B2B e-commerce platform in India, has reached unicorn status after raising $120 million in its Series D funding round. This major achievement shows the company’s strong growth and the rising importance of tech-driven supply chains in India’s retail sector.The funding round was led by a group of global investors. With this new capital, Jumbotail plans to expand its operations, improve its technology, and reach more small and medium retailers across the country.Based in Bengaluru, Jumbotail helps thousands of small shops and kirana stores by offering an online platform to buy groceries and other products in bulk. The…
EKA Mobility, an electric vehicle (EV) company based in Pune, has raised ₹200 crore from private equity firm ENAM Holdings. This funding is a big step for the company as it aims to become a unicorn — a startup valued at over $1 billion.The money was raised through convertible preference shares. EKA Mobility will use these funds to grow its manufacturing setup and improve production. Sudhir Mehta, the founder and chairman of EKA Mobility, said, “This fundraise is a big milestone in our journey. We believe it will help us become a unicorn soon.”EKA is growing fast and already has…
One of India’s most cherished names in luxury jewellery, Badalia Diamond Jewellers, has rebranded as Golubhai Badalia Diamond. This new identity marks not just a name change but a homage to the legacy that spans generations, now carried forward with renewed passion and vision.With a reputation for exquisite craftsmanship and bespoke design, the brand now enters a new chapter under the leadership of Golubhai Badalia, whose deep-rooted connection to the brand’s lineage lends both authenticity and aspiration.Golubhai Badalia, the namesake and Managing Director, said, “This isn’t just about rebranding, it’s about honouring where we come from while shaping where we’re…
In today’s fast-paced business world, networking is everything. But what happens to those piles of business cards collected at expos, summits, and vendor meets? Most of them get lost or forgotten. Enter Grid AI, a startup transforming how professionals save and manage contacts—using just WhatsApp.With over 1.6 million users, Grid AI’s WhatsApp bot is a game-changer. All you need to do is send a “Hi” on +91 99856 57678, click a photo of any business card, and the bot instantly replies with a structured, ready-to-save digital contact. No logins, no apps—just instant access. It even includes “Add to Contacts” and…
In the small town of Bhandara, Maharashtra — far from the hustle of big startup hubs — threefriends saw a gap no one was fxing.Why should local cafes pay high commissions? Why should customers pay ₹30–₹50 extra forfood delivery?That’s how Foodo was born — a food delivery startup with a bold idea:No commission. No delivery charge. Just good food, delivered freely.A Startup Without Hidden CostsFounded by Atharva Wankhede, Ayush Tayade, and Mrunal Naik, Foodo promised to never take asingle rupee in commission from restaurants, or delivery fees from customers.In a world where platforms charge 20–30% per order, Foodo became a…
In a country where access to quality education is often limited by infrastructure and funding, one young innovator is working to change the narrative. At just 16, Keshav Kushwaha launched Enthrox – Orbeato, an EdTech startup aiming to make AI-powered education accessible and affordable for all schools—especially those in underserved regions.The Mission Behind OrbeatoEnthrox – Orbeato was built with a clear purpose: to bridge the technology gap in traditional schools. Unlike platforms targeting elite institutions, Orbeato was designed for schools with limited resources—those operating on tight budgets, using basic hardware, and lacking digital infrastructure. The startup delivers a simple yet…