Indian startups raised approximately $383.5 million across 25 disclosed deals in the week of August 3–8, a 4.7X jump from the previous week, led by River Mobility's $120 million Series C round from Elev8 and Claypond Capital.
Payments platform Easebuzz grew FY26 revenue 9.1% to ₹716 crore, but profit fell 42% to ₹11 crore as the government's real-money gaming ban and rising expenses squeezed margins at the Pune-based fintech firm.
Delhivery's Q1 FY27 revenue jumped 27.8% to ₹2,931 crore on strong express-parcel and PTL freight volumes, but a 65% collapse in net profit to ₹32 crore reveals how labour costs, election-linked disruptions and the Ecom Express integration are weighing on India's largest listed logistics company.
More than one lakh of India's 2.12 lakh government-recognised startups now have at least one woman director or partner, according to data shared in the Lok Sabha, reflecting a structural shift in founder demographics.
Mumbai investment firm Piper Serica has raised Rs 300 crore toward its Rs 800 crore Bharat Tech Fund within 45 days of launch, targeting deeptech startups in semiconductors, defence and spacetech.
Mumbai's Benne, a two-year-old Bengaluru-style dosa chain founded by a former actor and a psychologist, has raised Rs 35 crore led by Ranjan Pai's Claypond Capital, valuing the brand at Rs 364 crore.
Direct-to-consumer ethnic and fashion startup Knya has crossed the ₹100 crore revenue mark in FY26, with profit after tax rising threefold year-on-year, underscoring a broader maturation among India's D2C fashion brands from growth-at-all-costs toward disciplined profitability.
Google Fellow Sanjay Ghemawat, the Indian-American co-architect of MapReduce and Bigtable, is stepping away from Google to co-found a new artificial intelligence venture alongside Jeff Dean, Quoc Le and Oriol Vinyals — the latest sign that the deepest technical talent in Silicon Valley is betting on independent AI labs over incumbent giants.
Swiggy has outlined a strategy centred on exclusive products, private labels and brand partnerships to differentiate its quick-commerce arm Instamart, even as it reiterated a path to overall cash break-even within the next two quarters.
Reliance Retail Ventures has acquired the AI Styling Engine and commerce app of Furrl, a Bengaluru-based fashion discovery platform founded by Esha Tiwary, folding the four-year-old startup's personalisation technology into its broader AI push.