Business News

The bulk deals involved several institutional investors, including Peak XV Partners, YC Holdings and Ribbit Capital.

TARA enables natural travel planning via voice, text, and taps, understanding complex queries and supporting multilingual interactions including English, Hindi, Hinglish.

SRV launches AI-focused fund for startups, while InCred Capital acquires S Cube Capital to strengthen global wealth and investment capabilities.

The decision was approved at a board meeting and recorded on May 7.

ONDC has been expanding its footprint across sectors such as retail, logistics, mobility, and financial services.

The round also saw participation from international funds and existing investors including V3 Ventures, MJV Ventures, and Alteria Capital.

The round saw participation from HarbourVest, Peak XV, Mayfield, Khosla Ventures, Seligman Ventures, and AICONIC.

Digital gold players form self regulatory body, DPMACI.

The round also saw participation from Singularity AMC, Avatar Growth Capital, and existing investor Persistent Systems.

The selected startups include Goat Robotics, SheerDrive, Schijnenn Digital, GenbaNEXT, Swayatt Drishtigochar, and Swiftex.

The below brands have announced their latest funding rounds.

The layoffs were carried out on April 30 at the company’s Gurugram office.

Partnership strengthens the innovation pipeline and accelerates the transition of breakthrough technologies from research to high-volume manufacturing

The round also saw participation from Titan Capital Winners Fund.

Nxtra (USD 710 Mn), Inox Clean Energy (USD 344 Mn), and Wingify (USD 150 Mn) led the biggest deals across infrastructure, clean energy, and enterprise applications.

Indian Prime Minister Narendra Modi has appealed to citizens for various austerity measures such as working from home, buying less gold and postponing foreign travel, among others.

“I believe in strategy. What I really don’t believe in is predictions,” said Marks.

Honasa, Fashinza and Fi Money witness leadership exits as Bhargava, Gupta and Gwalani step down amid ongoing strategic transitions.

The fresh funds will support global expansion, technology upgrades, product integrations, and scaling AI-driven patient monitoring across healthcare systems.

The offering is expected to be largely a primary issue, meaning most of the funds raised will go directly to the company rather than existing investors.

Tencent offloaded around 48.4 lakh shares at a price of INR 1,664 per share.

The investment was led by Ashish Kacholia, with participation from Alchemy Fund.

This Week’s Top Funding Deals (May 02–May 08)

The Hyderabad-based venture capital firm had written the first institutional cheque into Kissht in June 2017.

Applications opened on May 8 and will close on May 22, 2026.

Wishvish Foods, operator of The Filter Coffee, expanded from 2 stores and 3 cloud kitchens to 10 outlets after investment.

As per the filing, Kotak Mahindra Bank will be permitted to acquire up to 9.99 percent of the paid-up share capital or voting rights in Jammu and Kashmir Bank.

Peak XV led investor activity with six deals, followed by Lightspeed with five, while Accel made two. Antler, Fundamentum, Blume Ventures, and Capital-A were active at seed stage, and late-stage activity remained limited with Venturi Partners.

The deal combines Freo’s financial products and regulatory licences with IndiaLends’ lending marketplace and distribution network.

The company may also undertake a pre-IPO placement ahead of the public issue.