Indian startup news on 22 October 2026
It covers acquisitions involving Appasamy Associates, launches from Arya.ag, PhonePe, redBus, Shiprocket and ShopOS, results from BlueStone and Swiggy and news from Cars24, CoinDCX and eMudhra. Sectors: Healthcare & Life Sciences, Agriculture & Food Systems, Commerce & Consumer Brands, Mobility & Logistics and Financial Services. Stages: Q2 FY27, Pre-Series C, Pre-Series A and Seed. Based in Chennai, Bengaluru, Gurugram and Mumbai.
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Appasamy Associates · Acquisition · 22 October 2026Appasamy Associates acquires German firm RUCKAppasamy Associates is a Chennai-based maker of eye surgery products such as lenses, lasers and diagnostic gear, backed by Warburg Pincus - AA
Arya.ag · Launch · 22 October 2026Arya.ag enters Himachal apple value chainArya.ag is a grain commerce platform that offers technology, storage, finance and trading services to farm produce players - BL
BlueStone · Results · 22 October 2026 · ₹745 CrBlueStone posts small Q2 loss, plans ₹300 Cr debtBlueStone is a Bengaluru jewellery retailer selling online and through its own stores across India - CA
Cars24 · News · 22 October 2026 · $20MCars24 commits $20M to AI overhaulCars24 is an Indian used-car platform that buys, sells and finances pre-owned vehicles across several countries
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CoinDCX · News · 22 October 2026 · $16MCoinDCX admits losses from old walletsCoinDCX is an Indian crypto exchange and one of the country's best-known unicorns
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CureBay · Funding · 22 October 2026 · ₹100 CrCureBay raises ₹100 Cr to grow rural clinicsCureBay runs technology-enabled clinics in underserved areas, offering doctor visits, medicines, diagnostic tests and health memberships to rural families - EM
eMudhra · News · 22 October 2026eMudhra quits global SSL certificate businessEMudhra is a Bengaluru digital trust company that issues digital signatures and security certificates used to verify identities and websites - FL
Flipkart · People · 22 October 2026Three more Flipkart vice presidents quitFlipkart is the Walmart-owned online marketplace and one of India's largest e-commerce firms - HTHarajuku Tokyo Café · Funding · 22 October 2026 · $3MHarajuku Tokyo Café raises $3M pre-Series AHarajuku Tokyo Café is a Delhi-based chain of Japanese-themed cafés and a bakery format, with outlets in Delhi-NCR and Mumbai
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Karta AI · Funding · 22 October 2026 · $3MKarta AI raises $3M seed for voice agentsKarta AI builds voice agents that answer inbound customer calls for banks, lenders, fintechs and insurers without a human on the line - NS
Navitas Solar · Funding · 22 October 2026 · $20MNavitas Solar gets up to $20M for cell plantNavitas Solar is a Surat-based company that makes solar products and wants to move deeper into the solar manufacturing chain - OE
Ola Electric · Funding · 22 October 2026 · ₹1,000 CrOla Electric rights issue draws two big applicantsOla Electric is an Indian electric scooter maker that is raising around ₹1,000 crore from existing shareholders through a rights issue - PH
PhonePe · Launch · 22 October 2026PhonePe offers ₹11 Diwali firecracker insurancePhonePe is a leading digital payments app that also sells insurance and investment products to its users - PL
Pine Labs · Partnership · 22 October 2026Pine Labs lets Indians pay in Sri Lanka via UPIPine Labs is an Indian payments company that serves merchants and consumers with checkout and acceptance tools - RF
Rebel Foods · People · 22 October 2026 · ₹170 CrRebel Foods grants co-founders ₹170 Cr in ESOPsRebel Foods runs cloud kitchen brands such as Faasos, Behrouz Biryani and Oven Story Pizza from its Mumbai base - RE
redBus · Launch · 22 October 2026redBus launches redStar travel creator contestRedBus, the online bus ticketing platform, has started redStar, a nationwide search for new travel storytellers - SH
Shiprocket · Launch · 22 October 2026Shiprocket tests direct ordering for restaurantsShiprocket, an e-commerce shipping and checkout platform, is stepping into food commerce with a direct-ordering model for restaurants - SH
ShopOS · Launch · 22 October 2026ShopOS launches Sloosh AI creative platformShopOS, based in Bengaluru, builds AI tools that produce marketing visuals for fashion, retail and consumer brands across India, the UAE and America - SW
Swiggy · Results · 22 October 2026Swiggy cuts quarterly loss as revenue climbsSwiggy is a Bengaluru company that runs food delivery and the Instamart quick commerce service
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TravClan · Funding · 22 October 2026 · $5MTravClan raises $5 million from Flipkart and othersTravClan is a business-to-business travel technology firm serving more than 15,000 Indian travel agents with flights, hotels, activities and destination… - UL
Ultraviolette · Launch · 22 October 2026Ultraviolette launches X-47 Venom electric motorcycleUltraviolette is an Indian electric motorcycle maker, and the X-47 Venom is the first bike on its new 100-volt VX-100 platform - ULUltraviolette · Launch · 22 October 2026Ultraviolette aims for 10,000 monthly sales by 2027Ultraviolette builds electric motorcycles in Bengaluru, with the X-47 and F77 on sale and the Shockwave still to come
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Unicorn India Ventures · People · 22 October 2026Unicorn India Ventures opens US operationsUnicorn India Ventures is a venture capital firm that backs Indian deeptech startups and recently closed its third fund of ₹1,200 crore - VCVegafin Capital · Funding · 22 October 2026 · ₹1,000 CrPremji family office leads ₹1,000 crore Vegafin roundVegafin Capital is a business lending startup building an AI-based platform to assess credit risk of micro, small and medium enterprises