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News and Trends

SarvaGram Raises INR 565 Crore in Series D; Doubles Valuation to INR 1,785 Crore

SarvaGram's board approved the issuance of 21,857 Series D compulsorily convertible preference shares (CCPS) and 20 equity shares at INR 2,51,431.22 per share in November 2023

News and Trends

Groww Raises INR 1,735 Crore from GIC and ICONIQ Ahead of IPO Plans

The company's board approved a special resolution to issue 3.59 crore preference shares at INR 482.8 per share to raise the capital

News and Trends

Fidelity Raises Lenskart Valuation to $6.1 Billion Ahead of Anticipated IPO

The valuation bump comes just months after Fidelity's previous assessment in November 2023, which pegged Lenskart's worth at $5.6 billion.

News and Trends

Chai Shots Nears $5M Round, Pehle Jaisa Secures $300K as Early-Stage Startups Attract Investor Attention

Both Chai Shots and Pehle Jaisa reflect a broader shift in the startup landscape—toward hyperlocal, purpose-driven innovation that blends cultural relevance with scalable business models.

News and Trends

Why Most AI Startups in India Don't Succeed

9 out of 10 startups don't make it, by the end of the first year, 20 per cent fail; by the fifth year, that number jumps to 50 per cent, and by the tenth, nearly 70 per cent are gone

News and Trends

ICRA to Acquire Fintellix, Expanding Footprint in Risk and Regulatory Tech

While the financial terms of the deal have not been disclosed, the strategic intent is clear: to offer integrated, data-driven risk solutions under one roof.

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