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VinFast Partners BatX Energies For Battery Recycling & Critical Mineral Recovery

Vietnamese EV major VinFast has partnered lithium-ion (Li-ion) battery recycling startup BatX Energies for battery recycling and critical mineral recovery in India.  Under the agreement, BatX will...

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Smartworks Faces Valuation Inflation, Other Allegations Amid Ongoing IPO

In the midst of its initial public offering (IPO), coworking space provider Smartworks intimated markets regulator SEBI of an appeal filed against its promoter entities NS Niketan LLP and SNS...

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Centre Rolls Out Incentive Scheme To Deploy 5,600 E-Trucks

The heavy industries ministry (MHI) has rolled out an incentive scheme under the PM E-DRIVE initiative for electric trucks (e-trucks). Under the scheme, the government will offer subsidies for...

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Delhi HC Stays INR 1,140 Cr Angel Tax Demand Against OYO

In a major reprieve for OYO, the Delhi High Court (HC) has reportedly stayed the recovery of tax demand worth nearly INR 1,140 Cr from the hospitality giant under the erstwhile angel tax regime.  As...

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[Update] Tesla To Open Maiden India Showroom On July 15, Deliveries From Aug

Update | July 12, 02:25 AM EV major Tesla is likely to begin the deliveries of its cars in India by late August. Citing sources, Bloomberg reported that customers will be able to configure and order...

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Will Wakefit Wake Up To A Blockbuster IPO?

Peak XV-backed Wakefit has become the first new-age furniture and mattress brand to file for an initial public offering (IPO). While Sheela Foam, the 50-year-old category leader in the mattress...

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How LISSUN’s Founder Turned His Personal Crisis Into The Startup’s Mission...

Anxiety, depression, burnout, loneliness, low self-esteem — these are all part of mainstream discussions today on social media and in the public sphere, yet access to professional help and therapists...

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The Next Wave of Indian Startups Won’t Be Apps, It’ll Be Invisible Agents

In the first wave of India’s startup revolution, we built apps. Swiggy put meals on screens, Zerodha put markets in pockets, and CRED wrapped rewards around credit cards. A generation of Indian...

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Jio Platforms Unveils Cloud-Based Virtual Desktop

Reliance Industries’ digital arm, Jio Platforms, has launched a cloud-based virtual desktop service for its set-top box users.  In a statement, the company claimed that the AI-powered service, called...

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Swiggy Allots 38.8 Lakh Shares Under ESOP Scheme

Swiggy’s board has approved an allotment of 38.8 Lakh equity shares under its employee stock option plan (ESOP). As per the company’s regulatory filing, Swiggy’s board approved the allotment of...

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Govt Monitoring Return Of Chinese Techies From Foxconn: Report

The Centre is reportedly monitoring production targets at Foxconn and believes that Apple has alternatives to handle issues pertaining to the return of Chinese technology professionals from the...

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Govt Bypassing Legal Safeguards To Order Content Takedown: X To K’taka HC

Elon Musk-led X Corp reportedly said that the Indian government is using a smart and ingenious workaround to bypass the legal safeguards laid down by the Supreme Court in a 2015 order with respect to...

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From Infinity Fincorp To Chai Bisket — Indian Startups Raised $133 Mn This Week

Funding momentum across the Indian startup ecosystem witnessed a slight dip after two weeks of heightened investor activity. Between July 7 and 12, startups raised $132.9 Mn across 17 deals, down 58%...

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Quick Fashion Startup Blip Shuts Shop

Just over a year after beginning operations, fashion quick commerce startup Blip has shut shop. Incidentally, the startup was one of the first to launch the quick delivery model for fashion products...

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Lendingkart Finance Slips Into Red, Posts INR 288 Cr Loss In FY25

Caught in a top-deck turmoil, fintech startup Lendingkart’s NBFC arm Lendingkart Finance slipped into the red in FY25 due to a rise in impairment costs and decline in its top line.  The Ahmedabad-based...

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Exclusive: Home Decor Startup Vaaree Closes Pre-Series A Round At $4.6 Mn

Home decor marketplace Vaaree has raised INR 17.98 Cr (around $2.09 Mn) in an extended pre-Series A funding round from existing investors PeerCapital and Peak XV’s Surge Ventures.  The funding round...

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Inc42 & Simpl Host The CXO Lounge To Spotlight The Builders Powering India’s...

India’s startup ecosystem has matured rapidly over the past decade. With more than 175K DPIIT-recognised startups and 121+ unicorns, the country fosters the third-largest startup ecosystem in the...

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Exclusive: Fractal Bags INR 49 Cr From Cofounder Srikanth Velamakanni

IPO-bound SaaS unicorn Fractal Analytics’ cofounder and CEO Srikanth Velamakanni has invested INR 48.7 Cr (about $5.6 Mn) in the company. As per the company’s regulatory filings, Velamakanni made the...

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FY25 Financial Tracker: Tracking The Financial Performance Of Indian Startups

The Indian startup ecosystem has witnessed a massive transformation in its operational ethos and strategic priorities over the past few years. The onset of the funding winter in 2022, following the...

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Indian Startup IPO Tracker 2025

At the start of 2025, markets were brimming with confidence and optimism about the IPOs of new-age tech companies, as 13 such companies got listed on the bourses last year and cumulatively raised INR...

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The Zepto Question: Slowing Down Or Just Shoring Up?

Reddit can make or break a startup. Many such startups in the US have faced the wrath of Redditors. But the last time this happened to an Indian startup, it was in 2019, when BYJU’S and WhiteHat Jr got...

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After Raising $137 Mn, Neobank Fi Money Battles Existential Crisis

Bengaluru-based neobank Fi Money is grappling with serious challenges as its core lending business has failed to gain traction leading to a cash crunch and mass layoffs. Once seen as a promising...

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Meet 10 Most Active Startup Investors Of H1 2025

The Indian startup ecosystem continues to march upwards after the prolonged funding winter, as investors warm up to park their money in new-age tech companies even though the world grapples with...

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New-Age Tech Stocks Shine In A Bearish Market, CarTrade Biggest Gainer This Week

New-age tech stocks defied the bearish sentiment in the broader Indian equity market this week. A majority of new-age tech stocks under Inc42’s coverage ended the week in the green, with shares of 22...

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