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PhysicsWallah Acquires Majority Stake In Sarrthi IAS For Rs.72 Cr

India, July 16 -- Listed edtech major PhysicsWallah (PW) has acquired an additional 11% stake in UPSC coaching institute Sarrthi IAS for a cash consideration of Rs.71.81 Cr, increasing its holding in ... Read More


Neo Group Nets Rs.350 Cr From Peak XV Partners To Strengthen Wealthtech Play

India, July 16 -- Wealth and asset management startup Neo Group has raised about Rs.350 Cr ($36.3 Mn) in a funding round led by existing investor Peak XV Partners, marking its second capital raise in ... Read More


WeWork Back In The Red In Q1 FY27, Reports Rs.4 Cr Loss

India, July 16 -- WeWork recorded a consolidated net loss of Rs.4.1 Cr in Q1 FY27, slipping back into losses after three consecutive profit-making quarters. However, it managed to reduce its loss by 7... Read More


Exclusive: AI Sales Intelligence Startup Reo.Dev Raises $11.3 Mn To Expand In US

India, July 16 -- AI-powered sales intelligence startup Reo.Dev has raised $11.3 Mn (about Rs.109 Cr) in a Series A funding round led by Elevation Capital, with participation from existing investors H... Read More


Ahead Of Mission II, Spacetech Soonicorn Agnikul Ropes In Ex-ISRO Chairman Somanath As Board Observer

India, July 16 -- Spacetech startup Agnikul Cosmos has onboarded former Indian Space Research Organisation (ISRO) chairman Dr Somanath S as an observer to its board. The appointment comes in the run ... Read More


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