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...
View ArticleSmartworks 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...
View ArticleCentre 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...
View ArticleDelhi 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...
View Article[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...
View ArticleWill 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...
View ArticleHow 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...
View ArticleThe 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...
View ArticleJio 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...
View ArticleSwiggy 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...
View ArticleGovt 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...
View ArticleGovt 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...
View ArticleFrom 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%...
View ArticleQuick 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...
View ArticleLendingkart 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...
View ArticleExclusive: 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...
View ArticleInc42 & 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...
View ArticleExclusive: 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...
View ArticleFY25 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...
View ArticleIndian 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...
View ArticleThe 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...
View ArticleAfter 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...
View ArticleMeet 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...
View ArticleNew-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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