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    Funding Startup News

    Oben Electric Raises ₹50 Cr in Extended Series A Round, Doubles Down on Sub-₹1 Lakh EV Segment

    By Aman AtulyaJune 18, 20250

    Bengaluru-based electric motorcycle startup Oben Electric has secured an additional ₹50 crore (~$6 million) in an extended Series A round,…

    Startup News

    MakeMyTrip to Raise $2.5 Billion to Buy Back Shares from Trip.com, Reducing Chinese Stake by Half

    By Aman AtulyaJune 18, 20250

    India’s leading online travel aggregator (OTA), MakeMyTrip, is set to raise over $2.5 billion in a significant financial move aimed…

    Funding Startup News

    illumine Raises $2.5M Seed Funding from Prime Venture Partners to Revolutionize AI-Driven Childcare Management

    By Aman AtulyaJune 18, 20250

    Bengaluru-based edtech startup illumine has raised $2.5 million in seed funding led by Prime Venture Partners, marking a significant milestone…

    Startup News

    GlobalBees Faces Insolvency Plea at NCLT Over ₹64.92 Cr Default Claim by Kuber Mart Directors

    By Aman AtulyaJune 18, 20250

    GlobalBees Brands Pvt Ltd, a leading roll-up commerce firm and a subsidiary of Brainbees Solutions Ltd (the parent company of…

    Startup News

    Urban Company Swings to Profit in FY25 with ₹1,144 Cr Revenue; IPO on the Horizon

    By Aman AtulyaJune 18, 20250

    Urban Company, India’s largest home services marketplace, has posted a 38.2% year-on-year revenue growth, reaching ₹1,144 crore in FY25, according…

    Startup News

    Paytm Grants Rs 215 Cr Worth of ESOPs Amid Revenue Dip; Mobikwik Also Rolls Out Fresh Options

    By Aman AtulyaJune 18, 20250

    Fintech giants Paytm and Mobikwik have announced significant new employee stock option (ESOP) grants as part of their ongoing talent…

    Startup News

    Nykaa Reports 90% Surge in Q4 FY25 Profit, Revenue Rises 24% YoY

    By Aman AtulyaJune 18, 20250

    Nykaa, the omnichannel beauty and fashion retailer, posted strong financial results for the fourth quarter and full fiscal year FY25,…

    Funding Startup News

    Steptrade Capital Marks First Close of ₹1,000 Cr Steptrade Revolution Fund-II to Back India’s Small & Microcap Businesses

    By Aman AtulyaJune 18, 20250

    Steptrade Capital has announced the first close of its third Alternative Investment Fund (AIF)—the Steptrade Revolution Fund-II (SRF-II)—with a total…

    Funding Startup News

    SarvaGram Secures ₹565 Cr ($67M) in Series D Funding Led by Peak XV Partners, Doubles Valuation to ₹1,785 Cr

    By Aman AtulyaJune 18, 20250

    SarvaGram, a Pune-based rural-focused credit and fintech startup, has raised ₹565 crore (approx. $67 million) in a Series D funding…

    Funding

    Darwix AI Secures $1.5M Seed Round

    By Shashank PrakashJune 18, 20250

    Gurugram-based startup Darwix AI has raised $1.5 million in a seed funding round to further its mission of transforming enterprise…

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