Indian startup news on 12 October 2026
It covers funding for Boldfit, Peptris and Whizzo, leadership changes at InCred Capital and Nazara Technologies, stake sale from Lenskart and launches from OnCallsheet, Space Zone India and Viyona Fintech. Sectors: Commerce & Consumer Brands, Financial Services, Consumer Internet & Media, Healthcare & Life Sciences and Professional & Local Services. Stages: Series B, Block deal, Government debt support and IPO. Based in Bengaluru, Mumbai, Chennai and Hyderabad.
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Boldfit · Funding · 12 October 2026 · ₹400 CrBoldfit raises ₹400 Cr Series BBoldfit sells sportswear, footwear and fitness equipment, and says it serves over two crore customers each year across India - IC
InCred Capital · People · 12 October 2026InCred Capital names new equities leadershipInCred Capital is the institutional broking, wealth and asset management arm of the InCred financial services group - LE
Lenskart · Stake sale · 12 October 2026 · ₹1,895 CrLenskart shares worth ₹1,895 Cr change handsLenskart is a listed eyewear retailer selling frames, lenses and sunglasses through its own stores and online channels
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Nazara Technologies · People · 12 October 2026Nazara founder steps down as managing directorNazara Technologies, founded in 1999, is one of India's oldest gaming firms and is listed on the stock exchanges - ON
OnCallsheet · Launch · 12 October 2026OnCallsheet launches AI-native platform for screen professionalsOnCallsheet is a new online platform where film, advertising and video professionals can show their work, credits and skills - PE
Peptris · Funding · 12 October 2026 · ₹86 CrPeptris gets ₹86 crore government backing for AI drugsPeptris is a Bengaluru company that uses artificial intelligence to find and design new drug molecules before they reach human trials
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PharmEasy · Results · 12 October 2026 · ₹520 CrPharmEasy parent cuts FY26 loss 67%PharmEasy is an online pharmacy and diagnostics platform run by its parent company, API Holdings
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Raise Financial Services · News · 12 October 2026 · ₹50 CrRaise Financial Services spends ₹50 crore on AI chipsRaise Financial Services runs the Dhan stockbroking app, the Fuzz research assistant and the Stratzy algorithmic trading platform - SZ
Space Zone India · Launch · 12 October 2026Space Zone India restarts rocket engine mid-flightSpace Zone India is a Chennai aerospace company building home-grown hybrid rocket propulsion systems for research and launch use - TH
Think41 · Partnership · 12 October 2026Think41 becomes Claude Select PartnerThink41 is a Bengaluru company that builds generative AI products and services for business customers - TI
Tonbo Imaging · IPO · 12 October 2026 · ₹852 CrTonbo Imaging sets IPO price band ₹665-700Tonbo Imaging designs thermal imaging, targeting and guidance systems used in surveillance and defence by forces in many countries - VF
Viyona Fintech · Launch · 12 October 2026Viyona Fintech eyes Zimbabwe for Tap & PayViyona Fintech is a Hyderabad payments technology provider certified by the national payments body as a technology service provider - WH
Whizzo · Funding · 12 October 2026 · $25MWhizzo in talks to raise $25 MnWhizzo is a Bengaluru startup that develops and makes technical textiles, fabrics, yarns and sustainable fibres for other companies - ZE
Zetwerk · IPO · 12 October 2026 · ₹5,012 CrZetwerk fixes IPO price band at ₹143-151Zetwerk runs a technology-led manufacturing network that links large buyers with a wide base of factories and suppliers