Author: Shashank Prakash

Saarathi Finance, a newly licensed greenfield non-banking financial company (NBFC) focused on empowering India’s micro, small, and medium enterprises (MSMEs), has announced the closure of its inaugural funding round, raising a total of Rs 475 crore. The firm will use the raised capital to bridge the significant credit gap faced by MSMEs, particularly in underserved semi-urban and rural regions across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Rajasthan, and Uttar Pradesh, underpinning the theme of inclusive growth for Bharat. The funding round was led by prominent investors, including TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and prominent angels collectively contributing…

Published on: May 28, 2025 | By Startup by DOC Elon Musk’s Starlink Launches in India at ₹850/month: In a move that could transform India’s digital infrastructure, Elon Musk’s Starlink is officially launching in India with satellite internet plans starting at just ₹850 per month. This development is expected to revolutionize connectivity in rural and underserved regions across the country. But that’s just one highlight in a whirlwind 24 hours for India’s dynamic startup ecosystem. From Citykart’s ₹538 crore funding round and OYO’s fresh IPO plans, to major regulatory actions and a wave of health and tech innovation, here are…

The funding will enable Citykart to expand its reach, drive innovation and product diversification, and strengthen its foundation for long-term scalability and operational efficiency. Value fashion retail chain CityKart on Tuesday secured Rs 538 crore in a Series B funding round co-led by TPG NewQuest and A91 Partners. The company, in a statement, said that Investcorp, an early backer of Citykart, has made a full exit, while India SME Fund continues to hold a minority stake. Of the total capital raised, about Rs 120 crore is primary capital, while the remaining Rs 418 crore is secondary transactions. The funding will…

Top 10 countries with the most billion dollar companies in 2025 list: Trailing behind only the United States and Japan in terms of the total number of billion-dollar companies, India ranks third globally in 2025. Top countries billion dollar companies 2025: Check the full list below. (Source: Adobe Stock) Countries with the most billion-dollar companies in 2025: The global financial markets are increasingly dominated by a select few countries that host a larger number of billion-dollar companies—publicly listed firms with a market capitalisation of at least $1 billion. The United States is home to some of the largest organisations in terms…

Mumbai | May 27, 2025By StartupByDoc Editorial Team Premium travel gear brand EUME has secured ₹25 crore in a Series A funding round, led by renowned public market investor Ashish Kacholia. Existing investors Pradeep Rathod (Chairman, Cello Group) and Prithviraj Kothari (MD, Arvog Financial) also participated in the round. This marks Kacholia’s second investment in the company, following his participation in the ₹15 crore pre-Series A round in mid-2024. His repeat commitment signals continued confidence in EUME’s vision and execution. “EUME has consistently shown bold vision and sharp execution. My continued investment reflects my belief in their potential to lead…

Published on May 27, 2025 | By StartupByDoc India’s startup ecosystem continues to evolve at lightning speed. In just the last 24 hours, we’ve seen a pet food brand enter the unicorn club, a major IPO filing from a fintech giant, and new funding rounds across sectors. These developments are not just news — they’re signals of what’s next for the Indian entrepreneurial landscape. Here’s your exclusive roundup of the top headlines every founder, investor, and operator should know. For More Visit – https://www.instagram.com/startupbydoc 1. Drools Becomes India’s First Pet Food UnicornDrools has officially entered unicorn territory after a strategic…

Top 10 fastest growing wealth hubs in 2025 list: The Silicon Valley of India, Bengaluru, ranked at #3 with 120% millionaire growth, has emerged as one of the fastest-growing wealth hubs globally and in India. Top 10 fastest-growing wealth hubs in 2025: Do you know where most millionaires are likely to migrate in the coming years? While many high-net-worth individuals (HNWIs) presently reside in a few major cities, such as New York, Paris, and Hong Kong, they are increasingly moving to hubs that offer better opportunities for growing their wealth and enhanced lifestyles. Henley & Partners’ analysis highlights that technology and friendly taxation…

Otipy, the once-celebrated community group buying platform that connected consumers directly with fresh farm produce and daily essentials, has ceased operations without prior notice, sending shockwaves across its customer base, service partners, and employee network. The abrupt shutdown has triggered a flood of complaints, with many users reporting stuck wallet balances, unpaid dues, and a lack of official communication from the company. Founded by Varun Khurana and operating under parent company Crofarm Agriproducts, Otipy was widely regarded as a disruptor in the farm-to-consumer supply chain. The platform enabled community resellers to aggregate orders and deliver fresh produce at competitive prices…

When Indian founders talk about starting up, the first few words are usually “funding,” “valuation,” and “scale.” But what rarely gets enough attention is this: brand. Not your logo. Not your font. Your brand — the emotion, the voice, the reputation that stays in the minds of your users, investors, and future hires. If you’re building a startup in India today, you can no longer afford to treat branding as an afterthought. Here’s how you should build it from Day 1. 1. Start with Your “Why” — Not Your Product Indian consumers are evolving fast. They don’t just buy products.…

Direct-to-consumer jewellery startup Palmonas is in the final stages of closing its Series A funding round worth Rs 55 crore, Entrackr has exclusively learned. According to two sources aware of the deal, Vertex Ventures is leading the round, valuing the Pune-based company at a post-money valuation of Rs 550 crore (approximately $65 million). “The deal is finalised and the announcement will be made shortly,” said one of the sources requesting anonymity as the matter is yet to be made public. Founded in 2022 by Amol Patwari and Pallavi Mohadikar, Palmonas offers demi-fine jewellery made from stainless steel with 18k gold…