Indian startup news on 31 October 2026
It covers results from Boba Bhai, StockGro and Yulu, funding for Broccoli AI, CopperPilot, Numour and Upliance.ai, news from Capillary Technologies and acquisitions involving Inkle and Nazara Technologies. Sectors: Commerce & Consumer Brands, AI & Deep Tech, Enterprise Software & IT, Financial Services and Consumer Internet & Media. Stages: Series A and B and Pre-seed. Based in Bengaluru, San Francisco, Mumbai and New Delhi.
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Boba Bhai · Results · 31 October 2026 · ₹68 Cr revenueBoba Bhai revenue more than doubles to ₹68 CrBoba Bhai is a Bengaluru-based tea and beverage chain, backed by Titan Capital, that opened several dozen new stores recently - BA
Broccoli AI · Funding · 31 October 2026 · $52MBroccoli AI raises $52M for trades softwareSan Francisco company founded by two BITS Pilani alumni builds AI agents that run office work for plumbers, electricians and HVAC firms
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Capillary Technologies · News · 31 October 2026 · €3.04MForensic review blames impersonation for Capillary fraudCapillary Technologies sells customer loyalty and engagement software to retailers and brands around the world
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CopperPilot · Funding · 31 October 2026 · $390KCopperPilot raises $390K pre-seed for AI hardware designCopperPilot builds an AI agent that turns plain-English requests into circuit board designs ready for manufacturing - IN
Inkle · Acquisition · 31 October 2026Inkle buys Finally's bookkeeping divisionInkle, which builds its technology in Bengaluru, runs an AI-powered accounting and bookkeeping service for US companies - NT
Nazara Technologies · Acquisition · 31 October 2026 · $77MNazara pays second tranche for Spanish gaming buysNazara Technologies is a Mumbai-listed gaming and sports media group that has been expanding abroad through acquisitions
- NUNumour · Funding · 31 October 2026 · $3.1MNumour in talks for $3.1M from Sharrp VenturesNumour is a New Delhi direct-to-consumer skincare label that sells peptide creams and serums aimed at Indian skin types
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StockGro · Results · 31 October 2026StockGro FY26 profit jumps 3.3X to ₹113 CrStockGro is a Bengaluru social investing and trading-learning platform that is preparing to list on the stock exchanges - UA
Upliance.ai · Funding · 31 October 2026 · $4Mupliance.ai negotiating a round of up to $4MUpliance.ai is a Bengaluru startup that makes an AI-assisted smart cooking appliance sold mainly through its own website
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Yulu · Results · 31 October 2026Yulu narrows FY26 loss to ₹97 Cr on ₹281 Cr revenueYulu is a Bengaluru electric mobility startup that rents out small electric bikes and scooters for city trips and deliveries