Matel Raises ₹130 Crore in Series B Led by UC Impower to Expand EV Powertrain Business
Matel Raises ₹130 Crore in Series B Led by UC Impower to Expand EV Powertrain Business

Pune-based electric mobility technology startup Matel Motion & Energy Solutions has secured ₹130 crore (around $15 million) in a Series B funding round led by UC Impower. The investment marks…

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UPI Records Highest-Ever Monthly Volume with 23.66 Billion Transactions in July 2026
UPI Records Highest-Ever Monthly Volume with 23.66 Billion Transactions in July 2026

India’s Unified Payments Interface (UPI) achieved a new milestone in July 2026 by recording its highest-ever monthly transaction volume, highlighting the country’s continued shift towards digital payments. According to data…

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Urban Company Reports ₹92 Crore Q1 FY27 Loss Despite 44% Revenue Growth
Urban Company Reports ₹92 Crore Q1 FY27 Loss Despite 44% Revenue Growth

Home services marketplace Urban Company reported strong revenue growth in the first quarter of FY27, but the company slipped into a net loss as it continued investing heavily in its…

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Indian Startup Funding Drops to $82.2 Million This Week as Early-Stage Deals Dominate
Indian Startup Funding Drops to $82.2 Million This Week as Early-Stage Deals Dominate

India’s startup ecosystem raised nearly $82.2 million across 17 funding deals during the week of July 27 to August 1, 2026. While investment activity remained steady, the total amount raised…

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Shadowfax Raises FY27 Revenue Growth Guidance to 40% After Record First Quarter Performance
Shadowfax Raises FY27 Revenue Growth Guidance to 40% After Record First Quarter Performance

Shadowfax has significantly increased its revenue growth forecast for FY27 after delivering its strongest-ever quarterly financial performance. The Bengaluru-based logistics company has revised its full-year revenue guidance to 38-40%, up…

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Arboreal Bioinnovations Raises ₹230 Crore Series A Led by Edelweiss EAAA and Omnivore
Arboreal Bioinnovations Raises ₹230 Crore Series A Led by Edelweiss EAAA and Omnivore

Lucknow-based Arboreal Bioinnovations, a specialty food and nutraceutical ingredients technology company, has raised ₹230 crore (over $24 million) in a Series A funding round. The investment was co-led by EAAA,…

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InCred Finance Reports ₹759 Crore Revenue in Q1 FY27 as Profit Surges 83%
InCred Finance Reports ₹759 Crore Revenue in Q1 FY27 as Profit Surges 83%

InCred Financial Services, the lending arm of InCred Holdings, has started FY27 on a strong note, reporting healthy growth in both revenue and profitability. The non-banking financial company (NBFC) posted…

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PhonePe Launchs PulsePro to Deliver Enterprise Market Intelligence Using Payment Data
PhonePe Launchs PulsePro to Deliver Enterprise Market Intelligence Using Payment Data

Indian fintech leader PhonePe has introduced PulsePro, a new enterprise market intelligence platform designed to help businesses make data-driven decisions using aggregated and anonymised transaction insights from its vast payments…

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Hegdinvst Raises $1.3 Million in Series A to Back Proposed Multi-Asset Hedge Fund
Hegdinvst Raises $1.3 Million in Series A to Back Proposed Multi-Asset Hedge Fund

Chennai-based alternative investment manager Hegdinvst has secured $1.3 million (around ₹11.5 crore) in a Series A funding round, surpassing its initial fundraising target of $1.1 million (₹10 crore). The funding…

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Meta Tightens Content Review for PM Modi and High-Profile Accounts After Government Scrutiny
Meta Tightens Content Review for PM Modi and High-Profile Accounts After Government Scrutiny

Meta has introduced additional safeguards for content published by Prime Minister Narendra Modi and other high-profile public figures after facing scrutiny from the Ministry of Electronics and Information Technology (MeitY)….

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