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India's 132nd Unicorn, Groww's Q1 Profit Run & More

India, July 16 -- Emergent Vibe Codes To Unicorn Tag Emergent has joined India's unicorn parade. The AI startup entered the coveted club after a $130 Mn round pushed its valuation beyond the $1.5 Bn ... Read More


B2B Garment Manufacturing Platform Groyyo Raises Rs.90 Cr To Expand Supplier Network

India, July 16 -- B2B manufacturing and supply chain startup Groyyo has secured Rs.90 Cr (about $9.3 Mn) as part of its ongoing Rs.200 Cr (about $20.8 Mn) Series B funding round led by Cornerstone Ven... Read More


Mutual Funds Raise Meesho Bets As Early Foreign Investors Trim Stakes

India, July 16 -- Domestic institutional investors increased their exposure to Meesho in the first quarter of FY27, offsetting stake sales by several early foreign backers after the ecommerce company'... Read More


logcat.ai Bags $2.5 Mn To Build AI Platform For Android, Linux Engineering

India, July 16 -- Enterprise AI startup logcat.ai has raised $2.5 Mn (about Rs.24 Cr) in a pre-seed funding round led by US-based seed stage investor Founders' Co-op. The round also saw participation... Read More


Jio Financial Services Q1: Profit Surges 2.6X YoY To Rs.830 Cr

India, July 16 -- Fintech company Jio Financial Services' (JFS) net profit zoomed 2.6X to Rs.830.3 Cr in the first quarter (Q1) of FY27 from Rs.324.7 Cr in the year-ago period. On a sequential basis, ... Read More


Inside Cosmos Diamonds' Bootstrapped Push Into India's Lab-Grown Jewellery Market

India, July 16 -- Shopping for an Indian wedding is one of life's biggest emotional and financial milestones. Months of planning eventually lead to a handful of purchases that define the celebration. ... Read More


Aina Raises $5.5 Mn From Info Edge, Others To Build AI Hardware Interface

India, July 16 -- AI hardware interface startup Aina has emerged from stealth with a $5.5 Mn (about Rs.53 Cr) seed funding round co-led by Redstart Labs, the venture arm of Info Edge Ventures, and 360... Read More


Aurum PropTech To Acquire Housing.com For Rs.458 Cr

India, July 16 -- Listed real estate tech company Aurum PropTech's board has approved the acquisition of 100% of Locon Solutions, the company that owns real estate marketplace Housing.com, from Austra... Read More


Former Rippling Cofounder Prasanna Sankar Raises $15 Mn For Vorflux After 0xPPL Shutdown

India, July 16 -- Former Rippling cofounder Prasanna Sankar has launched enterprise AI software engineering startup Vorflux, raising $15 Mn (about Rs.144 Cr) in a seed funding from Peak XV Partners, Y... Read More


Beauty Products Manufacturer Naturis Cosmetics Nets Rs.100 Cr To Expand Capacity

India, July 16 -- Beauty and personal care (BPC) manufacturer Naturis Cosmetics has raised Rs.100 Cr (around $11.8 Mn) in its Series A funding round led by Sharrp Ventures, with participation from Mir... Read More