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Scalekit Nets $5.5 Mn To Bolster Its Authentication Stack For AI Apps

India, Sept. 17 -- Former Freshworks executive Satya Devarakonda's AI-powered SaaS startup Scalekit has raised $5.5 Mn (INR 48.4 Cr) as part of its seed round co-led by Together Fund and Z47. The rou... Read More


How boAt's Trademark Infringement Suit Forced Boult To Rebrand

India, Sept. 16 -- D2C consumer electric brand Boult Audio's much-publicised rebranding to GoBoult last month was pitched as the start of a fresh chapter. At the time, the brand's cofounder and CEO Va... Read More


InCred Money Raises INR 250 Cr At INR 1,650 Cr Valuation

India, Sept. 16 -- InCred Money, the wealth and asset management arm of InCred Group, has raised INR 250 Cr (around $30 Mn) from a group of investors including Manipal Group chairman Ranjan Pai, forme... Read More


Groww Q1: Profits Grow 12% YoY To INR 378 Cr Despite Revenue Drop

India, Sept. 16 -- IPO-bound Groww saw its consolidated net profit for Q1 FY26 surge 12% to INR 378.4 Cr from the INR 338 Cr profit it registered in the year-ago period. The investment tech company ma... Read More


Ex-100Unicorns' Partners Float New VC Firm Spotlight Strategic Partners, Launch INR 200 Cr Maiden Fund

India, Sept. 16 -- Ex-100Unicorns' partners Rajesh Mane and Ankit Jain have launched a new venture capital (VC) firm Spotlight Strategic Partners to back early-stage Indian startups across various sec... Read More


Centre Looking To Launch Satcom Services By Jan 2026

India, Sept. 16 -- The government is reportedly keen on launching satellite communication (satcom) services in the country by January 2026. The telecom department's (DoT) highest decision-making body... Read More


Groww Files Updated DRHP, To Raise INR 1,060 Cr Via Fresh Issue

India, Sept. 16 -- Investment tech unicorn Groww has filed its updated draft red herring prospectus (UDRHP) with SEBI for its IPO. The public issue will comprise a fresh issue of shares worth up to I... Read More


CRED's Next Big Play, MyPickup Shuts Shop & More

India, Sept. 16 -- CRED Doubles Down On Luxury The fintech unicorn has launched new offerings - a cobranded credit card and a concierge service called Sovereign - as well as sharpened its arsenal of ... Read More


Lendingkart Finance Q1: Net Loss Swells 3.4X To INR 85 Cr, Revenue Falls 60% YoY

India, Sept. 16 -- After slipping into the red in FY25, Lendingkart Technologies' NBFC arm Lendinkart Finance Ltd continued to bleed in the first quarter of the ongoing fiscal year. The NBFC's net lo... Read More


Indkal Nets $20 Mn For Expansion Of Its Smart TV Brand Wobble

India, Sept. 16 -- A year after raising its maiden funding round of $36 Mn, consumer electronics and home appliances startup Indkal Technologies has secured $20 Mn (about INR 176 Cr) in a round led by... Read More