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What's Behind H1 2026's Mega Deal Slump?

India, July 2 -- While the overall investment sentiment remained largely stable in the first half of 2026 (H1 2026), investor appetite for late stage startups remained subdued. This was particularly ... Read More


Ninjacart Nets $6 Mn From Accel, Nandan Nilekani; Eyes IPO In 2 Years

India, July 2 -- B2B agritech soonicorn Ninjacart has raised $6 Mn in the first tranche of a larger funding round. This tranche was led by existing backers Accel, Tiger Global and Infosys' cofounder N... Read More


Swara Baby Products Files DRHP, Parent FirstCry To Sell Shares Worth Rs.300 Cr

India, July 2 -- Contract manufacturer Swara Baby Products, which specialises in disposable hygiene products, has filed its DRHP with SEBI for a Rs.1,000 Cr IPO. The IPO will comprise a fresh issue o... Read More


Udaan's Creditors Initiate Bankruptcy Proceedings Against Its Parent In Singapore

India, July 2 -- IPO-bound B2B ecommerce unicorn Udaan's global creditors have initiated insolvency proceedings against it over default on bonds. A report by ET, citing sources, said global creditors... Read More


Battery Tech Startup BatX Energies Nets Rs.105 Cr To Bolster R&D

India, July 2 -- Battery recycling startup BatX Energies has raised Rs.105 Cr (over $11 Mn) in its Series A funding round led by IvyCap Ventures, along with participation from existing investors Zephy... Read More


Age Care Labs Raises Rs.85 Cr To Build Senior Living Communities

India, July 2 -- Eldercare startup Age Care Labs has raised Rs.85 Cr (about $9 Mn) in a Series B1 funding round, part of its larger Series B raise of Rs.250 Cr ($30 Mn), which is expected to close in ... Read More


Sparrow Capital Closes Third Fund At Rs.475 Cr To Back Seed Stage Startups

India, July 2 -- VC firm Sparrow Capital has closed its third fund with a corpus of Rs.475 Cr (about Rs.50 Mn), surpassing its initial target of Rs.400 Cr. The fund is sector agnostic and Sparrow Cap... Read More


UPI In June: Transaction Volume Declines 2% MoM To 22.72 Bn

India, July 1 -- UPI transaction volume declined 2.1% to 22.72 Bn in June from 23.20 Bn in the previous month. As per the NPCI's data, the total UPI transaction value also decreased 3.3% to Rs.28.92 L... Read More


Dream Sports Shuts Fintech Platform Dream Money Within A Year Of Launch

India, July 1 -- Dream11 parent Dream Sports is scaling back its diversification efforts, shutting down its fintech vertical Dream Money less than a year after its launch. Last month, the company also... Read More


India Trains The World's Robots, But At What Cost?

India, July 1 -- In the 1990s, American hospitals began routing physician dictations to transcriptionists in Bangalore and Chennai. It was unglamorous work, but India was good at it. Thirty years on,... Read More