https://stopdown.in/Indian startup news, one card at a time.en-inFri, 02 Oct 2026 20:10:24 GMThttps://stopdown.in/icons/icon-192.pnghttps://stopdown.in/ https://stopdown.in/news/jsw-one-platforms-results-2026-10-02https://stopdown.in/news/jsw-one-platforms-results-2026-10-02Fri, 02 Oct 2026 03:30:00 GMTResultsJSW One Platforms runs a business-to-business digital marketplace aimed mainly at small and medium enterprises, and is preparing a public listing Its net loss for the year to March 2026 narrowed by 51% to ₹107 crore Revenue rose 45% over the previous year, showing the marketplace growing as the company heads toward its IPO https://stopdown.in/news/mahindra-last-mile-mobility-funding-2026-10-02https://stopdown.in/news/mahindra-last-mile-mobility-funding-2026-10-02Fri, 02 Oct 2026 03:30:00 GMTFundingMahindra Last Mile Mobility makes and sells three-wheeler and four-wheeler commercial vehicles and provides spare parts and after-sales service across India Lightrock led the ₹322 crore round, valuing the company near ₹10,822 crore, and existing backers IFC and the India-Japan Fund joined in The investor has now asked the competition regulator to clear its stake, and both sides say the deal raises no competition concerns https://stopdown.in/news/ordo-funding-2026-10-02https://stopdown.in/news/ordo-funding-2026-10-02Fri, 02 Oct 2026 03:30:00 GMTFundingOrdo is an early-stage startup working on physical AI, and it took part in the latest DraperU Founders Program in Hyderabad DraperU India committed ₹25 lakh to Ordo, with a further commitment from Rathnakar Samavedam of Hyderabad Angels; WearSynapse got the same cheque Ordo also took the largest share of a ₹90,000 bank prize pool and earned a place in a Silicon Valley training programme https://stopdown.in/news/sekondbrain-launch-2026-10-02https://stopdown.in/news/sekondbrain-launch-2026-10-02Fri, 02 Oct 2026 03:30:00 GMTLaunchSeKondBrain, a London-headquartered firm with teams in Delhi and Mumbai, makes Kemory, a memory layer that carries a user's context across different AI tools Kemory has opened its public beta in India, with Indian users' data kept on servers inside the country from the first day The pitch is that people who switch between AI assistants no longer need to repeat themselves or re-upload material each time https://stopdown.in/news/takeme2space-launch-2026-10-02https://stopdown.in/news/takeme2space-launch-2026-10-02Fri, 02 Oct 2026 03:30:00 GMTLaunchTakeMe2Space builds spacecraft that carry AI computing into orbit, and its MOI-1A craft was on the flight A Falcon 9 rideshare mission lifted off from California late Thursday with Indian spacecraft and payloads from several startups Dhruva Space, Satleo Labs and Eon Space Labs also flew, covering thermal imaging, Earth observation and hosted payloads https://stopdown.in/news/acko-launch-2026-10-01https://stopdown.in/news/acko-launch-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTLaunchACKO is a direct-to-consumer insurer that sells without agents, with ₹2,837 crore operating revenue in FY25 and a 99.4% motor claim settlement ratio It introduced three products meant to step in before a loss: a bundled dashcam, a members-only clinic and a flight-delay plan AirPass pays ₹1,500 for delays beyond 90 minutes, and the single clinic in Bengaluru's Koramangala is opening soon https://stopdown.in/news/aignosis-funding-2026-10-01https://stopdown.in/news/aignosis-funding-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTFundingAignosis is a Jaipur healthtech startup that screens children for autism signs using a laptop webcam and computer vision Antler, Nikhil Kamath and angels including Varun Dua and IIMA Ventures put in ₹4 crore It will widen screening across India, aiming for at least one lakh screenings by the end of FY27 https://stopdown.in/news/anarock-property-consultants-ipo-2026-10-01https://stopdown.in/news/anarock-property-consultants-ipo-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTIPOAnarock is a Mumbai real estate services firm covering transaction advice, leasing, management services and technology It filed draft papers with the market regulator for an IPO of ₹550 crore fresh shares plus ₹450 crore sale Profit rose 53% to ₹93.2 crore in FY26, and part of the money buys the rest of DSP Design Associates https://stopdown.in/news/bessemer-venture-partners-people-2026-10-01https://stopdown.in/news/bessemer-venture-partners-people-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTPeopleBessemer Venture Partners is a global venture capital firm that has backed Indian startups for more than twenty years It hired Mayank Khanduja as partner for India, about nine months after he left Elevation Capital after fifteen years He will sit in Bengaluru and back founders from their first institutional round, across consumer tech, health, AI and deeptech https://stopdown.in/news/fresh-bus-results-2026-10-01https://stopdown.in/news/fresh-bus-results-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTResultsFresh Bus runs electric intercity buses in South India and was founded by the former chief of an online bus ticketing platform Its revenue for the year to March 2026 more than doubled to about ₹63.5 crore Losses did not shrink as it grew: the net loss widened by about a third compared with the year before https://stopdown.in/news/infinite-uptime-partnership-2026-10-01https://stopdown.in/news/infinite-uptime-partnership-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTPartnershipInfinite Uptime sells PlantOS, an industrial AI engine that advises heavy industries on keeping equipment and production reliable It has teamed up with Tech Mahindra to spread physical AI across manufacturing and process plants The tie-up pairs its recommendations with Tech Mahindra's reach and IT-OT integration, tracking effects on production https://stopdown.in/news/kuku-fm-results-2026-10-01https://stopdown.in/news/kuku-fm-results-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTResultsKuku FM runs subscription audio and video apps spanning business, self-help, religion and entertainment, plus a microdrama service called Kuku TV Operating revenue rose from ₹241.5 crore to ₹1,484.2 crore in FY26, and pre-tax profit reached about ₹89 crore Marketing took roughly ₹1,100 crore of spending, while the IPO-bound firm now makes over 150 microdramas every month https://stopdown.in/news/molbio-diagnostics-stake-sale-2026-10-01https://stopdown.in/news/molbio-diagnostics-stake-sale-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTStake saleMolbio Diagnostics is a Goa-based maker of molecular diagnostic tests and devices, now listed on the stock exchanges A fund managed by Motilal Oswal Alternates sold about 2% of the company for ₹306 crore in open market trades on Wednesday HDFC Mutual Fund bought roughly 2% at the same price, and the fund had sold a larger block worth ₹394 crore a week earlier https://stopdown.in/news/niyo-results-2026-10-01https://stopdown.in/news/niyo-results-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTResultsNiyo is a travel fintech selling forex cards, remittances, flights, hotels, eSIMs and insurance, with its own forex licence Income grew 78% to ₹178 crore in FY26 while the loss fell 58% to ₹33 crore Niyo credits AI use across support and operations, and expects over 50% yearly growth while it moves toward profit https://stopdown.in/news/nykaa-launch-2026-10-01https://stopdown.in/news/nykaa-launch-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTLaunchNykaa is an online retailer of beauty and fashion, and Nykaa Fashion is its clothing and lifestyle arm It started an accelerator under Hidden Gems where selected home-grown labels pay no commission for their first six months Labels selling ethnic and western clothes, jewellery, bags or shoes also get marketing help, mentoring and better visibility before the festive season https://stopdown.in/news/orb-energy-funding-2026-10-01https://stopdown.in/news/orb-energy-funding-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTFundingBengaluru-based Orb Energy builds solar panels and sells rooftop systems to factories, hospitals and hotels in India and Kenya KawiSafi Ventures put $2 million into the East Africa arm, using its second fund, to grow business rooftop solar projects The money is reserved for Africa and should push pipeline projects from contracts into construction, where about 15 MW is already installed https://stopdown.in/news/otpless-people-2026-10-01https://stopdown.in/news/otpless-people-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTPeopleOTPless is a Bengaluru startup offering login and identity tools such as passkeys and WhatsApp authentication to consumer businesses Early team member Manas Poddar, who joined in 2023 and led the business side, becomes chief business officer overseeing sales and partnerships The move follows the cofounders' September promotions, and the 12-person firm claims ₹36 crore annualised revenue and two profitable quarters https://stopdown.in/news/razorpay-launch-2026-10-01https://stopdown.in/news/razorpay-launch-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTLaunchRazorpay is a Bengaluru payments company serving online and in-store businesses across India Apple Pay now works through Razorpay, with Zepto, Ixigo, IndiGo, Tata 1mg and JioMart among live merchants Shoppers confirm with Face ID or Touch ID, so no card details or OTP are needed at checkout https://stopdown.in/news/seeds-fincap-funding-2026-10-01https://stopdown.in/news/seeds-fincap-funding-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTFundingSeeds Fincap is a Gurugram lender that gives small loans to nano businesses and individuals left out by traditional credit checks A Series B round worth over ₹100 crore was led by the Michael & Susan Dell Foundation, with existing backers joining The money goes to new markets, branches, technology and risk systems, aiming for ₹1,000 crore of loans outstanding by March 2027 https://stopdown.in/news/spintronics-ai-semiconductors-partnership-2026-10-01https://stopdown.in/news/spintronics-ai-semiconductors-partnership-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTPartnershipSpintronics AI Semiconductors, based in Hyderabad, builds India-made gallium nitride (GaN) chip technologies and products for demanding high-frequency uses It signed an MoU with a government electronics research institute to share GaN design know-how and study a domestic fabrication facility GaN suits defence, space, satellite links and electric vehicles, and the local market is projected to grow sharply by 2033 https://stopdown.in/news/teachmint-results-2026-10-01https://stopdown.in/news/teachmint-results-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTResultsTeachmint makes Teachmint X, an AI-powered digital classroom board that helps teachers plan lessons, set homework and track students Operating revenue rose to ₹205.3 crore in FY26 from ₹74.2 crore a year earlier, driven by demand for that device Loss before share-based costs shrank 34.2% to ₹28.9 crore, and the device is gaining ground in the Middle East and Southeast Asia https://stopdown.in/news/unveilr-ai-funding-2026-10-01https://stopdown.in/news/unveilr-ai-funding-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTFundingUnveilr AI is a Mumbai startup helping brands appear in answers from AI chat tools and win qualified customer leads AJVC, led by Aviral Bhatnagar, backed the company with a pre-seed round worth ₹16.7 crore Funds will grow the engineering and sales teams as it expands across India, the UAE and the United States https://stopdown.in/news/zaperon-funding-2026-10-01https://stopdown.in/news/zaperon-funding-2026-10-01Thu, 01 Oct 2026 03:30:00 GMTFundingZaperon sells one security platform that guards how people, apps and AI agents reach company data and cloud systems Inflection Point Ventures led a ₹7 crore seed round, which will fund product work and AI security frameworks for enterprises The company wants to grow in India and the US as firms put AI agents into important business workflows https://stopdown.in/news/ayusynk-launch-2026-09-30https://stopdown.in/news/ayusynk-launch-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTLaunchAyuSynk is a Bengaluru healthtech firm making digital stethoscopes, with over 15,000 devices already used across India Its new Heart Sound AI checks recorded heartbeats for murmurs and reports a confidence level, working inside the AyuShare app The company reports 92.86% sensitivity and 94.7% specificity, and says it supports doctors rather than replacing their judgement https://stopdown.in/news/bangalore-watch-company-funding-2026-09-30https://stopdown.in/news/bangalore-watch-company-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingBangalore Watch Company makes mechanical watches in India and ships them to more than 30 countries Its seed money came from a group of its own customers, including family office heads and wealthy individuals The brand will use the cash to enter the global independent watchmaking scene, with Indian themes like space and cricket https://stopdown.in/news/bigbasket-people-2026-09-30https://stopdown.in/news/bigbasket-people-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTPeopleBigBasket is an online grocery retailer that has moved heavily into quick commerce with over 900 dark stores in 60-plus cities Co-founder Hari Menon has formally retired from full-time work, months after stepping down as chief executive in June He plans to focus on music, travel and a busking project in Bengaluru, and will stay on the board as a mentor https://stopdown.in/news/blitz-funding-2026-09-30https://stopdown.in/news/blitz-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingBlitz helps online brands promise deliveries within ten minutes, an hour, the same day or the next day, using dark stores and fulfilment centres Existing backer IvyCap Ventures led this round, with ICMG Group, Vishal Dhupar and other angels also writing cheques, according to company filings The valuation is estimated near ₹440 crore, about 2.5 times the last round, and more money may still be added https://stopdown.in/news/bubble-me-other-2026-09-30https://stopdown.in/news/bubble-me-other-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTNewsBubble Me is a wellness brand built around magnesium, selling bath salts, lotions, roll-ons, balms and daily tablets Its annual recurring revenue (yearly sales run-rate) has grown from ₹6 crore to ₹18 crore while keeping about 7% positive EBITDA It now counts over 250,000 customers and sells through its own site, marketplaces and quick-commerce apps https://stopdown.in/news/edt-funding-2026-09-30https://stopdown.in/news/edt-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingEDT is a Mumbai-based brand selling modern kitchen appliances, and it is now stretching into beauty gadgets as well Existing backer Sauce VC led the $2.4 million round, joined by venture debt lender Alteria Capital and several angel investors The money will fund stock building ahead of the festive shopping season and the move into new product categories https://stopdown.in/news/elevate-campuses-ipo-2026-09-30https://stopdown.in/news/elevate-campuses-ipo-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTIPOStudent housing firm Elevate Campuses began trading on the NSE at ₹355.10, about 1.9 percent below its ₹362 issue price The listing values the company near ₹5,995 crore, slightly below its IPO valuation, as investors weighed debt and reliance on key institutions The ₹2,100 crore fresh issue was subscribed 1.79 times and will fund buying 16 school properties across four cities https://stopdown.in/news/flying-wedge-defence-and-aerospace-partnership-2026-09-30https://stopdown.in/news/flying-wedge-defence-and-aerospace-partnership-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTPartnershipFlying Wedge Defence & Aerospace is a Bengaluru firm making autonomous drones for surveillance, air defence and farming It signed a deal with Portugal's Keydef to build its Kaal Bhairav Lite and YAMA interceptor drones in Portugal Keydef will put in an initial €6 million and help win NATO certification for the locally built systems https://stopdown.in/news/gravity-funding-2026-09-30https://stopdown.in/news/gravity-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingGravity is a home interiors platform started by two former Livspace leaders, offering a shared technology layer for the interior design industry It has raised $15 million through a mix of equity and debt, with 3one4 Capital and Info Edge Ventures leading the round Alteria Capital, Genesia and several angel investors also joined, giving the new venture funding as it comes out of early stage https://stopdown.in/news/kokasa-launch-2026-09-30https://stopdown.in/news/kokasa-launch-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTLaunchKokasa is a new deep-tech company serving defence, aerospace and space customers with autonomous systems It was started by Epigamia cofounder Rahul Jain, ex-Housing.com executive Snehil Gautam and former HAL executive Vikalp Bagdi It designs actuation, motion control, sensing and embedded control systems, and shared no funding, orders or customers https://stopdown.in/news/mobikwik-stake-sale-2026-09-30https://stopdown.in/news/mobikwik-stake-sale-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTStake saleMobiKwik is a Gurugram-based fintech firm co-founded in 2009 by Upasana Taku and Bipin Preet Singh Taku bought about 1.07 lakh shares for roughly ₹2.12 crore on 28 and 29 September, near ₹198-199 each Her holding rose to 80.65 lakh shares; she says no promoter has sold since the IPO, and the price is below the ₹279 issue price https://stopdown.in/news/netmeds-results-2026-09-30https://stopdown.in/news/netmeds-results-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTResultsNetmeds is an online pharmacy backed by Reliance that also offers diagnostics and doctor consultations Operating revenue grew just 2.3% to ₹44.7 crore in the year to March 2026 It stayed profitable with ₹5.5 crore, yet remains far smaller than rivals Tata 1mg and PharmEasy https://stopdown.in/news/prodoc-ai-funding-2026-09-30https://stopdown.in/news/prodoc-ai-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingProdoc AI is a Bengaluru healthcare startup building a patient journey layer that links hospitals' existing software systems The undisclosed seed round was led by Dr A Velumani's family office, with two platform users also investing; it works with over 100 hospitals, handles more than one million patient interactions… https://stopdown.in/news/rapidcanvas-funding-2026-09-30https://stopdown.in/news/rapidcanvas-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingRapidCanvas is an agentic AI startup (software agents that carry out tasks) based in Hyderabad and Austin Singapore-based Vertex Ventures is negotiating to lead a round of $20-30 million at roughly a $120 million post-money valuation Vertex would put in about $20 million with existing backers, and a new investor may join, as it sharpens its AI focus https://stopdown.in/news/satleo-labs-launch-2026-09-30https://stopdown.in/news/satleo-labs-launch-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTLaunchSatLeo Labs is an Ahmedabad spacetech startup building satellites that read heat from Earth's surface Its first commercial thermal payload, TAPAS-1, flies on a SpaceX Falcon 9 rideshare mission on 1 October The data can serve farming, city heat mapping, climate tracking, disaster response and infrastructure checks https://stopdown.in/news/shadowfax-stake-sale-2026-09-30https://stopdown.in/news/shadowfax-stake-sale-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTStake saleShadowfax is a listed technology-led third-party logistics services provider A TPG-owned fund sold 40 lakh shares, a 0.68% stake, for ₹113.61 crore on the open market The fund has cut its holding by 4.18 percentage points this quarter from 11.53% in June https://stopdown.in/news/simple-energy-funding-2026-09-30https://stopdown.in/news/simple-energy-funding-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTFundingSimple Energy is a Bengaluru company that designs its own scooter chassis, battery, motor and software for electric two-wheelers The all-equity round, about $180 million, was led by Dr Velumani's family office, with both founders putting in money too Funds will widen showrooms and service centres, raise output at the current plant and pay for a second factory https://stopdown.in/news/smartworks-other-2026-09-30https://stopdown.in/news/smartworks-other-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTNewsSmartworks runs managed offices, with 16.9 million square feet across 70 facilities in 15 cities in India and Singapore It signed new leases with large Indian and global firms, adding ₹305 crore of contracted rental revenue Together with last month's ₹235 crore, the recent additions total ₹540 crore on a ₹5,400 crore base https://stopdown.in/news/social-alpha-people-2026-09-30https://stopdown.in/news/social-alpha-people-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTPeopleSocial Alpha is a Bengaluru platform that backs science and technology startups working on climate, energy, health and livelihoods Neeraj Jain, earlier a regional head at global health nonprofit PATH, became chief executive from 1 September 2026 He plans to focus on helping tested technologies reach adoption and scale, linking governments, investors, researchers and industry partners https://stopdown.in/news/third-wave-coffee-launch-2026-09-30https://stopdown.in/news/third-wave-coffee-launch-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTLaunchThird Wave Coffee is a Bengaluru-born quick-service coffee chain that roasts its own beans and runs cafés across India It has opened two cafés in Kochi, at Panampilly Nagar and Chittethukara, entering its 27th market South India now has 104 outlets, and Thiruvananthapuram and Kozhikode are the next Kerala targets https://stopdown.in/news/t-hub-launch-2026-09-30https://stopdown.in/news/t-hub-launch-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTLaunchT-Hub, a startup incubator, has started Flashpoint, a venture studio that picks problems and chooses founders to build companies around them Chosen founders keep full ownership with no dilution, get mentors and labs, and receive help raising their first funding It opens with agri-tech and space-tech tracks, partnered with Kheyti and Dhruva Space, and applications are now open https://stopdown.in/news/yellow-ai-launch-2026-09-30https://stopdown.in/news/yellow-ai-launch-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTLaunchYellow.ai builds conversational and agentic AI software that enterprises use to automate customer and employee service It has launched Nexus EDGE, a desktop app that fixes staff IT, HR and operations problems directly on the employee's computer The company calls this Employee Experience Automation, extending its AI agents from customer service to everyday knowledge work https://stopdown.in/news/zenex-animal-health-mna-2026-09-30https://stopdown.in/news/zenex-animal-health-mna-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTAcquisitionZenex makes veterinary medicines for livestock, poultry and pets, and is backed by private equity investor Multiples It has bought SAVAVET, the companion animal unit of SAVA Healthcare, on an undisclosed price SAVAVET sells about 70 brands through 165 stockists and more than 6,000 vets, making this Zenex's third buyout under Multiples https://stopdown.in/news/zuppa-partnership-2026-09-30https://stopdown.in/news/zuppa-partnership-2026-09-30Wed, 30 Sep 2026 03:30:00 GMTPartnershipZuppa is a Chennai defence drone technology company that builds drones and navigation systems It signed an agreement with the Tamil Nadu Unmanned Aerial Vehicles Corporation for a drone pilot training programme for Agniveers Training starts October 2026 at Wellington, covering about 1,000 personnel a year and over 2,000 in three years https://stopdown.in/news/bewakoof-results-2026-09-29https://stopdown.in/news/bewakoof-results-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTResultsBewakoof sells casual clothing and accessories such as T-shirts, hoodies, bags and phone covers, mostly online Operating revenue rose 40.5% to ₹243 crore in FY26, a sharp pick-up from 7% growth the year before Costs grew too, so the loss widened 19% to ₹87.4 crore; Aditya Birla Group's TMRW owns the brand https://stopdown.in/news/bharat-housing-network-funding-2026-09-29https://stopdown.in/news/bharat-housing-network-funding-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTFundingBharat Housing Network runs a technology platform that helps lenders give secured loans for homes, clean energy, mobility and gold Symbiotics put $5 million into its green bonds, part of a $75 million programme built with British International Investment The money will fund rooftop solar, electric vehicles and clean-tech small businesses through its lending arm, Singularity Creditworld https://stopdown.in/news/everbrands-india-ipo-2026-09-29https://stopdown.in/news/everbrands-india-ipo-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTIPOEverBrands India runs Subway sandwich stores in India and also handles Lavazza coffee and Dilmah tea here It filed draft papers for a ₹600 crore IPO made up only of new shares, with a possible ₹120 crore pre-IPO placement FY26 revenue rose about 35% to ₹966 crore; ₹327 crore would fund new company-run Subway stores https://stopdown.in/news/fig-living-funding-2026-09-29https://stopdown.in/news/fig-living-funding-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTFundingFIG Living designs lamps, side tables and other home products, most sold flat-packed for customers to assemble at home. boAt co-founder Aman Gupta invested… Founded in 2025 by ex-boAt executive Sushant Sharma, it runs at about ₹12 crore a year and grows 20% a quarter https://stopdown.in/news/flipkart-launch-2026-09-29https://stopdown.in/news/flipkart-launch-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTLaunchFlipkart is a large online marketplace, and Ekart is its logistics arm handling storage and deliveries Ahead of Big Billion Days, Ekart added 14 million cubic feet of warehouse space and over 750 new delivery PIN codes Storage capacity rose 50%, over 900 new delivery hubs opened, and about 2.5 lakh seasonal jobs were announced https://stopdown.in/news/groww-launch-2026-09-29https://stopdown.in/news/groww-launch-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTLaunchGroww is a Bengaluru investing app with over 2 crore active users and roughly ₹4 lakh crore in assets It began offering US stocks and ETFs last week through GIFT City, with all users expected to get access within a month Futures and options brought in 52% of June-quarter revenue, so Groww is adding products to lean on them less https://stopdown.in/news/honasa-consumer-stake-sale-2026-09-29https://stopdown.in/news/honasa-consumer-stake-sale-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTStake saleHonasa Consumer owns beauty and personal care brands such as Mamaearth and The Derma Co, and is listed on Indian exchanges About 1.4 crore shares, or 4.4% of the company, traded in a block deal worth about ₹643 crore on 29 September Buyers and sellers were not named; the price of ₹450 was about 3.4% below the previous close https://stopdown.in/news/kiwi-funding-2026-09-29https://stopdown.in/news/kiwi-funding-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTFundingKiwi is a Bengaluru fintech whose RuPay credit cards, issued with partner banks, and credit lines work over UPI The startup is in talks to raise $30–40 million, mainly to spend on winning more customers This would be its biggest round yet, after a $24 million raise led by Vertex Ventures in August last year https://stopdown.in/news/myntra-people-2026-09-29https://stopdown.in/news/myntra-people-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTPeopleMyntra is a fashion e-commerce platform owned by Flipkart that has pushed hard into video-led and creator-driven shopping Chief marketing officer Sunder Balasubramanian is leaving after nearly four years, he said on LinkedIn His exit follows former CEO Nandita Sinha's move to Swiggy's Instamart earlier this year; Sharon Pais now leads Myntra https://stopdown.in/news/peak-xv-partners-fund-2026-09-29https://stopdown.in/news/peak-xv-partners-fund-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTNew fundPeak XV Partners is a large venture capital firm, and Surge is its programme for backing very early startups Its 12th Surge cohort has 18 startups working in AI, robotics, space, consumer goods, healthcare, music and fintech Names include August AI, Hoola Health, Puralink, ULOOK and Tribe Money, while three of the startups are still in stealth https://stopdown.in/news/stockgro-ipo-2026-09-29https://stopdown.in/news/stockgro-ipo-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTIPOStockGro is a Bengaluru app offering stock analysis, strategies and research advice to retail investors Its parent AssetGro Fintech filed IPO papers with SEBI through the confidential route, according to a public notice dated 26 September Market sources expect a ₹2,000–2,500 crore IPO with about ₹800 crore of new shares; details stay private for now https://stopdown.in/news/the-souled-store-stake-sale-2026-09-29https://stopdown.in/news/the-souled-store-stake-sale-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTStake saleThe Souled Store is a Mumbai apparel brand that sells its clothing directly to shoppers rather than through middlemen It is negotiating a ₹400–500 crore deal led by 360 One Asset Management, made up mostly of existing shares changing hands The deal could value the company at ₹4,000–5,000 crore, over three times its previous valuation of ₹1,500 crore https://stopdown.in/news/weh-ventures-fund-2026-09-29https://stopdown.in/news/weh-ventures-fund-2026-09-29Tue, 29 Sep 2026 03:30:00 GMTNew fundWEH Ventures is a seed-stage investor that backs young Indian startups selling in India and abroad It announced the first close of its third fund, which targets ₹250 crore and will back 20 to 25 startups Backers include Nordic fund of funds Play Capital, family offices and exited founders; eight investments are already committed