Startups: News
Wealth-tech start-up Scripbox becomes profitable after 12 years
Scripbox, a wealth management platform, achieved profitability for the first time in the financial year ending March 2025.
Google, Accel team up to fund AI start-ups in India
Google has teamed up with venture capital firm Accel to back early-stage artificial intelligence (AI) start-ups in India.
Sam Altman's blockchain start-up demands employees work weekends 'for humanity'
Sam Altman-backed blockchain start-up, Tools for Humanity, has come under fire for its extreme work culture.
This Indian space start-up has raised $17M at $500M valuation
Chennai-based space tech start-up, Agnikul Cosmos, has raised $17 million (about ₹150 crore) in a funding round led by family offices and institutional investors.
Agnikul Cosmos secures ₹150cr for building small satellite launch vehicles
Aerospace start-up Agnikul Cosmos has raised ₹150 crore after the company's previous attempt to raise up to $50 million didn't attract enough investor interest.
First-for-India: Arms maker SSS Defence debuts at Milipol Paris expo
Bengaluru-based SSS Defence has made its debut at the Milipol Paris 2025, a premier global event for homeland security and safety.
Who is Vikram Bajaj, Bezos's co-CEO at $6B AI start-up
Vikram "Vik" Bajaj has been appointed as the co-CEO of Project Prometheus, a new artificial intelligence (AI) venture backed by Amazon founder Jeff Bezos.
Mira Murati's AI start-up seeks $5B funding at $50B valuation
Thinking Machines Lab, co-founded by former OpenAI CTO Mira Murati, is in talks with investors to raise about $5 billion in its next funding round, according to The Information.
This AI start-up, with 8 employees, generates 3,000 podcasts weekly
Inception Point AI, a start-up with just eight employees, is revolutionizing the podcasting industry by producing an astonishing 3,000 episodes every week.
This start-up is helping companies save money through smarter negotiation
Indian start-ups spend over ₹8,000 crore each year on SaaS and marketing, while poor negotiation globally drains nearly $1 trillion, according to World Commerce & Contracting.
Healthkart's revenue approaches ₹1,400cr in FY25
HealthKart, a leading e-commerce platform for nutrition and supplements, has reported a massive spike in its profits for the fiscal year 2025 (FY25).
Parag Agrawal's AI start-up raises $100M to reinvent web search
Parallel Web Systems, an artificial intelligence (AI) start-up founded by former Twitter CEO Parag Agrawal, has raised $100 million in funding.
Bombay Shaving Company raises ₹136cr to scale before IPO
Homegrown grooming start-up Bombay Shaving Company (BSC) has raised ₹136 crore ($15.3 million) in a funding round led by Sixth Sense Ventures.
SoftBank-backed Juspay posts first-ever profit after 13 years
Payments technology start-up Juspay has announced its first-ever profit for the fiscal year ending March 2025 (FY25).
Not Karnataka, but Maharashtra is 'start-up capital' of India
Maharashtra has been referred to as India's start-up capital by Chief Minister Devendra Fadnavis, with nearly 45% of its registered start-ups led by women.
PhysicsWallah co‑founders become billionaires ahead of company's IPO
Alakh Pandey and Prateek Boob, the founders of edtech start-up PhysicsWallah, have entered the billionaire club.
Logistics start-up Porter lays off 300-350 employees amid restructuring
Bengaluru-based logistics start-up, Porter, has laid off around 300-350 employees—about 18% of its team—in a major restructuring move.
ChrysCapital raises $2.2B in India's largest private equity fund
ChrysCapital has made history by raising a whopping $2.2 billion for its latest fund, ChrysCapital X.
Did start-up boom in early 2000s kill India's open-source culture?
Zerodha's Chief Technology Officer Kailash Nadh has said that India's early 2000s start-up boom stifled the country's open-source culture.
PM Modi launches ₹1 trillion fund to boost private R&D
Prime Minister Narendra Modi has launched a ₹1 lakh crore Research, Development and Innovation (RDI) Fund. The initiative is aimed at promoting private sector investment in research and development.
Urban Company's Q2 results: Net loss surges to ₹59cr
Urban Company, a leading player in the home services sector, has reported a widened net loss of ₹59.3 crore for the second quarter of FY25-26.
Intel in talks to acquire this AI chipmaker
Intel is reportedly in preliminary talks to acquire artificial intelligence (AI) chipmaker SambaNova Systems.
Grammarly is now Superhuman!
Grammarly, the popular writing tool, has announced its rebranding as Superhuman. The move comes after the company's acquisition of email client Superhuman in July.
This start-up behind ChatGPT's success now has a $10B valuation
Mercor, a start-up that plays a pivotal role in enhancing leading AI models, is closing in on a new funding round that would value the company at $10 billion.
Accel, Prosus form new partnership to back early-stage Indian start-ups
Leading investors Accel and Prosus have announced a new investment partnership to support early-stage Indian start-ups.
Cleaning space debris without touching it might soon be possible
A pioneering project, dubbed ALBATOR, is investigating the use of ion beams to clear hazardous space debris from a distance.
First-in-the-world: This start-up will help you visualize wind data
A Hong Kong University of Science and Technology (HKUST) start-up, Stellerus Technology, is gearing up to become the world's first provider of satellite-enabled three-dimensional (3D) wind data.
OpenAI invests in biosecurity start-up Valthos to counter AI threats
Valthos, a New York-based biosecurity software start-up, has received $30 million in funding from OpenAI, Founders Fund, and Lux Capital.
Over 11,000 Indian start-ups shut down this year: Here's why
India has witnessed the shutdown of 11,223 start-ups this year, a staggering 30% increase from the 8,649 closures recorded in 2024, according to the data shared by Tracxn with Financial Express.
Agnikul successfully tests dual 3D-printed rocket engines for upcoming launch
In a major breakthrough, Indian space start-up Agnikul Cosmos has successfully test-fired two electric pump-fed semi-cryogenic rocket engines simultaneously.
Why a plan to launch space mirrors has spooked scientists
California-based start-up Reflect Orbital has announced its plan to launch a massive mirror into space next year.
US start-up launches engineered wood 10 times stronger than steel
InventWood, a US-based start-up co-founded by material scientist Liangbing Hu, has just launched a new type of wood called "Superwood."
India's biggest private satellite 'Drishti' to be launched next year
Bengaluru-based space-tech start-up GalaxEye is gearing up to launch India's biggest privately built commercial satellite, "Drishti."
Mira Murati invests in Worktrace AI, start-up by ex-OpenAI employee
Angela Jiang, an early product manager at OpenAI, has launched a new artificial intelligence (AI) start-up called Worktrace AI.
Apple to acquire AI start-up Prompt: What does it do?
Apple is said to be in advanced talks to acquire computer vision start-up Prompt AI.
Ixigo to invest heavily in hotel business and brand expansion
Gurugram-based Le Travenues Technologies, the parent company of travel aggregator Ixigo, has announced plans to use part of its ₹1,296 crore fundraise for hotel business expansion and brand strengthening.
Astrotalk's $120M investment deal falls through over objectionable content
Astrotalk, a start-up specializing in astrology technology, has seen its $100-120 million investment deal with Hornbill Capital fall through.
This start-up offers premium phones on subscription in India
A new subscription-based smartphone service has been launched in India by BytePe, a company founded by former Flipkart executive Jayant Jha.
Gen Z-focused stockbroker Dhan becomes latest unicorn after $120M raise
Raise Financial Services, the parent company of stock broking app Dhan, has become a unicorn after raising $120 million in a fresh round of funding.
US start-up founder jailed 7 years for $175 JPMorgan fraud
Charlie Javice, the founder of Frank, a start-up that simplified college financial aid applications, has been sentenced to over seven years in prison.
Famed roboticist thinks spending billions on humanoids is a waste
Rodney Brooks, a leading roboticist and co-founder of iRobot, has warned investors pouring billions into humanoid robot start-ups.
How Modi government plans to support gaming, animation start-ups
WaveX, a start-up accelerator platform, has announced the establishment of seven new incubation centers across India.
Blue Energy Motors raises $50M, Nikhil Kamath among investors
Blue Energy Motors, a green trucking company, has raised a total of $50 million in funding to expand its LNG and electric trucking business in India.
This start-up plans to create India's alternative to GPS
Chennai-based start-up VyomIC has announced its ambitious plan to build India's first private global satellite constellation.
Porter delivers first profit as revenue surges 57% in FY25
Bengaluru-based on-demand logistics start-up Porter has reported a massive 57% jump in its operating revenue for the fiscal year 2025.
NVIDIA wants to invest $500M into this self-driving tech start-up
NVIDIA, the leading US chip designer, is considering a $500 million investment in Wayve, a British start-up specializing in autonomous driving technology.
Google backs 20 Indian AI start-ups to drive innovation
Google has selected 20 Indian start-ups for its 'Google for Start-ups Accelerator: AI First' program.
Urban Company launches its 'UC Instant' service: What is it?
Urban Company, a leading service provider in the home repairs and beauty industry in India, has launched a new offering called 'UC Instant.'
Humanoid robotics start-up Figure raises $1B at a $39B valuation
Figure, a San Jose-based humanoid robotics start-up, has raised over $1 billion in its latest funding round.
OpenAI launches 'Grove' mentorship program for early-stage AI entrepreneurs
OpenAI has launched a new mentorship initiative, the "OpenAI Grove," aimed at early-stage tech entrepreneurs interested in artificial intelligence (AI).
These are the top 10 most valuable start-ups in India
India is the world's third-largest start-up ecosystem, with a whopping 73 unicorns.
Indian start-up completes second drop test of space cargo capsule
Indian space start-up Catalyx Space has achieved a major milestone by successfully conducting the second drop test of its innovative REX capsule.
New $1B VC alliance to fund India's deep-tech start-ups
A coalition of eight US and Indian venture capital (VC) and private equity firms has formed to invest in India's deep-tech start-ups.