Indian startup news on 7 November 2026
It covers funding for Arka Fincap, stake sale from Groww and Lenskart, acquisitions involving Meesho and IPO news from SNVA Traveltech. Sectors: Financial Services, Commerce & Consumer Brands and Professional & Local Services. Stages: Strategic investment and UDRHP filed. Based in Mumbai, Bengaluru, Gurugram and Noida.
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Arka Fincap · Funding · 7 November 2026 · ₹525 CrArka Fincap gets ₹525 crore from TPG's Rise FundsArka Fincap is a Kirloskar-backed non-bank lender that gives secured loans to retail customers, with about ₹8,000 crore in assets across ten states
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Groww · Stake sale · 7 November 2026 · ₹2,457 CrPeak XV and Y Combinator sell Groww sharesGroww is an investing app, run by listed parent Billionbrains Garage Ventures, that serves retail investors - LE
Lenskart · Stake sale · 7 November 2026 · ₹1,896 CrSoftBank sells 1.56% of LenskartLenskart is a Gurugram-based eyewear retailer with online and store sales, now listed on the stock exchanges - ME
Meesho · Acquisition · 7 November 2026 · ₹186.71 CrMeesho closes Kirana Club and Retail Pulse buyoutMeesho runs a listed online marketplace that connects small sellers with shoppers across smaller Indian towns - ST
SNVA Traveltech · IPO · 7 November 2026Travomint parent files updated IPO papers, all sale of sharesSNVA Traveltech, started in 2017, runs the Travomint online platform for booking flights, hotels and other travel services