Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic
Shashank Pathak / Entrackr :
Mumbai-based wealth management startup Dezerv raised a ~$40M Series C co-led by Premji Invest and Accel's Global Growth Fund, taking its total funding to ~$100M
Shashank Pathak / Entrackr :
Fractal Analytics, which became India's first AI unicorn in 2022, files for an IPO in Mumbai, aiming to raise ~$560M, which would value the company at $3.5B+
Saritha Rai / Bloomberg :
Mumbai-based online pharmacy Truemeds, which offers generic alternatives to branded drugs, raised $85M led by Accel at a $400M+ valuation, up from $110M in 2023
Jagmeet Singh / TechCrunch :
JioHotstar has grown its subscriber base from 50M in March to over 280M in May, driven by IPL cricket streams, nearing Netflix's global subscriber count of 300M
Subscriptions soar as JioStar consolidates rights for world's richest league in sport-mad nation — Krishn Kaushik and Chris Kay in Mumbai
Indian EV ride-hailing startup BluSmart appears to have suspended service a day after regulators launched a probe into Gensol, which shares its co-founders
clean energy experts Vidhi Taparia / Fortune India : BluSmart halts services amid Gensol crisis; Sebi action, funds crunch casts shadow on EV ride-hailing startup Prashant Tamta / DNA India : BluSmart...
Mumbai-based Neysa, a provider of AI infrastructure to enterprise customers, raised a $30M Series A co-led by NTTVC, Z47, and Nexus Venture Partners
Jagmeet Singh / TechCrunch :
Mumbai-based Qure.AI, which uses AI to help identify and manage critical diseases at 3K+ imaging sites, raised a $65M Series D led by Lightspeed and 360 ONE
Saritha Rai / Bloomberg :
Mumbai-based Neysa, which offers a suite of generative AI tools to help clients manage their AI projects, raised a $20M seed led by Matrix, Nexus, and NTTVC
Jessica Rajan / The Economic Times :
Mumbai-based Kale Logistics, which offers cloud tools to assist airports, seaports, and cargo companies with logistics, raised a $30M Series B led by Creaegis
Jagmeet Singh / TechCrunch :