Breaking startup & business news from India.
One of the first independent AI agents authorised to function on Apple's Messages for Business platform is Poke. It is an artificial intelligence firm that enables consumers to engage with an AI assistant through text messages. With this green light, the business can expand its service to iMessage,
Anthropic, an AI firm, proposed a worldwide pause from developing superintelligence on June 4, 2026. The newest models are starting to exhibit symptoms that they could get away from human control; thus, this step is necessary. The San Francisco-based firm that creates the Claude AI models stated in a research
Gold and silver prices in India ended higher on 5 June 2026, with both metals posting gains as easing geopolitical tensions boosted market sentiment. Gold rose 0.65% to ₹1,59,547 per 10 grams, supported by a weaker US dollar and lower bond yields. Silver gained 0.77% to
On June 5, 2026, the policy repo rate under the liquidity adjustment facility (LAF) remained maintained at 5.25% by unanimous vote of the Monetary Policy Committee (MPC). As a result, the rates for the Bank Rate, the Standing Deposit Facility (SDF), and the Marginal Standing Facility (MSF) all stay
It has been claimed that Google has slashed positions across the Cloud division in the past two weeks, adding to the lengthy list of IT layoffs this year. It has been reported that layoffs have affected Google's cybersecurity departments, including the Mandiant team and the Google Threat Intelligence
In response to rising competition in the discount broking industry, industry leader Zerodha has unveiled new strategies to bring back consumer interest. New customers are no longer charged account maintenance fees (AMC) for the first year of service as of June 1st, according to the firm. It has also started
The educational technology company PhysicsWallah announced on June 4 that it will be leaving the student loan industry and instead forming partnerships with non-bank financial companies (NBFCs). This follows the firm's previous statement that it will enhance its wholly-owned subsidiary, FinZ Finance Private Limited, with an equity injection
In today’s fast-changing and highly competitive environment, students need more than academic knowledge to stand out. Practical exposure, leadership abilities, and meaningful connections play a major role in shaping successful careers. The Campus Ambassador Internship Program by the Entrepreneurship Cell (E-Cell), IIT Bombay, gives students an opportunity to develop
Wednesday, 4 June 2026, was a strong day for Indian startup funding, with over $68 million raised across quick commerce, enterprise AI video, social fintech, health food, and natural sweeteners. The day's headline raise was FirstClub's $55 million Series B led by Peak XV Partners and
Gold and silver prices in India moved in opposite directions on 4 June 2026. Gold recovered during afternoon trade, rising ₹660 (0.42%) to ₹1,59,220 per 10 grams on MCX. Despite the rebound, gold remains under pressure from strong US economic data and expectations that the US Federal
Some aspects of Meta Platforms' contentious employee surveillance policy are being relaxed. Workers are granted exemptions, and the decision to temporarily cease tracking is made after weeks of internal debate. A new feature has been added to the company's AI training monitoring software. Employees can now pause
For generations, sweetness has been an integral part of Indian culture, from the morning cup of chai to festive celebrations and everyday family rituals. Yet as awareness around diabetes, obesity, and metabolic health grows, consumers are increasingly looking to reduce sugar without sacrificing taste. India's sugar substitutes market
Vanguard, an American investment management firm, has reduced the value of its stake in Ola Consumer (ANI Technologies), a ride-hailing company. According to Vanguard's most recent filing with the US Securities and Exchange Commission (SEC), the reduction translates to a valuation of around $70.3 million for the
The brand scaled from 5 million to 20 million videos in a year as enterprises move from text to video-led communication
In response to an inquiry into allegations of market abuse, Apple has consented to provide the Competition Commission of India (CCI) with financial documents pertaining to its operations in India. This action brings the long-awaited case one step closer to a possible penalty judgement, as shown in an agency order.
'Project Glasswing' has allowed 150 businesses in over 15 countries, including India, access to Anthropic's cybersecurity AI model Mythos. Organisations that take part in the programme are paired with the closed Claude Mythos Preview model. Pairing helps find important zero-day vulnerabilities early on, before attackers have
Here's your daily funding and key business news roundup for June 3, 2026: Indian startups closed a diverse set of deals on Tuesday, with vertically integrated sportswear company Agilitas Sports leading the day by raising Rs 225 crore from Nexus Venture Partners and Rainmatter, D2C fragrance brand Fraganote
Phab, India’s nutritionist-founded protein snack brand, closes a $4M Pre-Series A round led by OTP Ventures and Chona Family Office, to fund brand building, geographic expansion, and strengthen the team, accelerating Phab’s mission to make high-protein, calorie-efficient snacking the everyday default for Indian consumers. India has a nutrition
Gold and silver prices in India moved lower on Wednesday, 3 June 2026, amid rising tensions in the Middle East. Concerns over potential disruptions to global oil supplies after Iranian missile attacks on regional targets pushed crude oil prices higher, increasing expectations that interest rates could remain elevated for longer.
Fédération Internationale de Football Association (FIFA) and Zed Entertainment Enterprises have teamed together to bring 39 international football tournaments to the Indian subcontinent. Notable events up until 2034 include the 2026 and 2030 FIFA World Cups, the 2027 FIFA Women's World Cup, and others. The agreement's
The JioHotstar platform is preparing to launch a series slate that will be created, animated, voiced, and edited entirely by AI. JioHotstar is owned by JioStar—a partnership between Reliance Industries Ltd. and Walt Disney Co. The entertainment and media conglomerate views it as a means to significantly lower production
According to a regulatory filing with the Registrar of Companies (RoC), the Open Network for Digital Commerce (ONDC) has received INR 220 crore in funding from several sources. These sources include software business Zoho, mobility platform Uber, fintech startup Paytm, and BSE Technologies, the digital solutions arm of the stock
Propsoch, a Bengaluru-based homebuyer advisory platform, has raised USD 2 million in a seed funding round led by Athera Venture Partners, Sparrow Capital and Vakil Group. The fresh capital will be used to strengthen the company’s research and advisory capabilities, expand its team across functions, and support market expansion.
To facilitate better employee-digital agent interaction, Microsoft has unveiled preliminary ideas for wearable and desktop AI gear. Accordingly, introducing the newest initiative by the corporation to transform computers in the workplace for the AI era. During Microsoft's annual developer conference, technical fellow Steven Bathiche presented the prototypes and
Prism, the parent company of Oyo, has been given the green light by the Securities and Exchange Board of India (Sebi) to move on with its planned INR 6,650 crore IPO. According to media reports, the travel technology company is estimated to be worth between $7 billion and $8
The Digital Commerce Coalition has been established by a number of ecommerce and quick commerce businesses. The goal of this industry-led coalition is to promote the long-term development of the ecosystem supporting online commerce. Zopto, Amazon, Swiggy, Eternal, and Meesho are among the first members of the alliance. With the
The 'Make in Haryana' Industrial Policy, an ambitious undertaking, has been unveiled by the Haryana government. Subsequently, targeting the generation of 10 lakh jobs and the attraction of INR 5 lakh Cr in investments. The move is part of the state's strategy to become a centre
On June 1st, artificial intelligence (AI) powerhouse Anthropic revealed that it has secretly filed for an IPO in the United States. Investors are rushing to get in on the AI boom, which might lead to a record-breaking share sale. Anthropic, PBC, formally filed a preliminary registration statement with the US
Wipro has increased its ownership of Aggne, a technology services and consulting company that provides services to the property and casualty (P&C) insurance sector, to 80% in exchange for $28.5 million in cash. Wipro will have an even greater edge in the insurance market after purchasing an
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 Indian startup funding updates. This article provides a clear and easy overview of the latest startup funding news in India throughout the year. Our weekly funding tables, updated regularly, track how much funding each startup has raised, the sectors they operate in, the key investors
For INR 125.13 crore, Amazon Data Services India bought 10.6 acres of land in the Mumbai metropolitan region (MMR) from Lodha Developers. The land is located in Palava, Thane, as indicated by transaction-related documents that were referenced in media reports by a real estate data analytics firm. In
Here's your daily funding and key business news roundup for June 1, 2026: Indian startups saw a broad and active funding day to open the month, with clean-label food brand Anveshan closing a Rs 150 crore Series B and EV maker Simple Energy raising Rs 250 crore ahead
Gold and silver prices in India on 1 June 2026 opened the month on a mixed but eventful note. Gold futures on MCX traded lower, pressured by a strengthening US dollar and market caution around a potential Iran ceasefire decision by US President Donald Trump. Silver, however, bucked the trend,
In a press statement released on 1 June, the Open Network for Digital Commerce (ONDC), which is funded by the government, announced that it is currently booking over 300,000 metro and bus tickets per day across its network. According to the release, ONDC is helping to speed up the
The first personal laptop computers designed for the operation of artificial-intelligence "agents" were unveiled by Nvidia. These computers utilise a newly developed variant of the company's signature AI chips. New personal computers will have a thickness of no more than 14 mm and a weight of
On May 31, the U.S. Department of Commerce issued instructions. These proposed guidelines would now seal a possible window of opportunity for the export of advanced chips. AI chips from brands such as Nvidia's Blackwell and Rubin processors, AMD's MI350x, and others now will not
The food safety authority in India, FSSAI, has contacted the fast-commerce platform Blinkit to request an explanation. An individual who claimed to have become ill after eating curd purchased on the platform has contacted FSSAI. A customer of the online grocery store Blinkit allegedly became sick after eating curd he
Scripbox, one of India's leading wealth management firms, has made a strategic acquisition of the mutual fund distribution business of Delhi-NCR-based Bluechip Capital, one of North India's most respected independent wealth management businesses, founded and led by Mr Ravi Kohli for 33 years. The acquisition ensures
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 US funding updates. This article offers a clear and structured overview of the latest investment activity in the United States throughout the year. Our weekly funding tables, updated regularly, track how much funding companies have raised, the industries they operate in, key investors involved, and
SentinelOne intends to lay off about 8% of its employees. This move comes as the cybersecurity firm shifts its focus to data, cloud, and artificial intelligence projects. Having said that, it has offered a reduced forecast for the current quarter and generated revenue that is weaker than projected. Along with
Under its Healthy Mode service, Zomato has introduced a new tool called "Healthy Subscriptions" that allows users to pre-plan nutritious meals from participating eateries. Users can subscribe to a curated 3-, 5-, or 15-day meal plan for lunch and dinner using this service. In addition, clients have the
Officeworks, a massive retailer in Australia, plans to send hundreds of jobs to third countries like India and the Philippines. According to several media reports, the move is a component of a comprehensive company makeover aimed at reducing expenses and increasing productivity. Earlier this week, the corporation informed dozens of
In its pursuit of operational excellence, Starbucks Corp. is linking the bonus payments of the majority of its IT employees to the extent to which they make use of artificial intelligence. According to various media reports, tech personnel will have a quarter of their bonuses tied to department-wide targets, one
By 2030, Reliance Consumer Products (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Industries, anticipates a "multifold" increase in revenues. According to RIL's FY26 annual report, the brand aspires to become a global leader in branded consumer products. Reliance announced that RCPL will maintain its
Indian startups saw deeptech and defence-adjacent deals dominate on Thursday, 28 May 2026, with semiconductor startup C2i Semiconductors extending its Series A to $16.7 million and drone avionics firm ZeroDrag closing a Rs 6.5 crore seed round. On the business front, the Supreme Court delivered a landmark blow
Gold price today in India stands at ₹15,643 per gram for 24 carat gold (₹1,56,430 per 10g) as per the national bullion association rate updated at 14:25 IST on Thursday, 28 May 2026, down approximately ₹810 or 0.52% from Wednesday's association close of
Brand launches a digital-first film series rooted in the truth that no two periods, and no two women, are alike.
On May 28, Bajaj Finserv announced the introduction of "Finserv Intelligence." It is a hub for group-wide applied research and innovation in areas such as digital financial services, quantum technologies, cybersecurity, and artificial intelligence (AI). The move comes as the financial services giant places a strategic wager on
Nissan Motor India Pvt. Ltd. has strengthened its presence in Tamil Nadu by inaugurating the Autorelli 1S Nissan showroom in Chennai. A state-of-the-art showroom measuring 3,800 sq. ft. is available at the site, and it can showcase six vehicles. The outlet is designed to meet Nissan's global
By the beginning of next year, American Airlines Group intends to have increased the number of workers at its Hyderabad technological hub in India from 400 to 800. This growth is indicative of a general tendency among MNCs to pour more money into India's global capability centres (GCCs)
The Vellaripatti factory of the tyre maker TVS Srichakra Ltd, located near Madurai, is set to undergo a capital expenditure plan worth INR 230 crore. This will allow the company to increase production capacity in the two-and three-wheeler and off-highway tyre markets. A 5% capacity expansion is in the works
The lift maker Johnson Lifts, based in Chennai, has paid INR 125 crore for 39 acres of land near Sengadu, close to Chennai. In order to increase manufacturing capacity for innovative vertical transportation systems and high-speed lifts, this land acquisition is a component of the firm's long-term expansion
Indian startups saw a focused but meaningful set of capital moves on Wednesday, 27 May 2026, with precision manufacturing startup Tiea Connectors closing a ₹77 crore Series A and PhysicsWallah approving a ₹120 crore investment into its NBFC subsidiary FinZ Finance. The business news front was equally active. Byju Raveendran
Gold prices in India edged slightly lower on Wednesday, 27 May 2026, with 24 carat gold trading at ₹15,724 per gram (₹1,57,240 per 10g) in Delhi, down ₹410 or 0.26% from the previous session. Silver rate today fell more sharply, declining 0.75% to ₹268 per
The US e-commerce conglomerate Amazon had its appeal against the anti-trust suspension of its investment arrangement with Future Group denied by the NCLAT in June 2022. However, on 27 May, the Supreme Court overturned this decision. The order of the Competition Commission of India (CCI) from December 17, 2021, which
Restrictions on domestic and international travel, as well as work-from-home arrangements, were announced by Maruti Suzuki India (MSIL) on May 26. In addition, in light of the continuing conflict in West Asia, the corporation has pushed for energy-saving measures in the workplace and the residences of its employees, as well
According to a government certification document, Ola Electric has obtained regulatory approval for a new electric scooter targeted at India's commercial mobility market. This could mean that the business is getting ready to join the commercial electric two-wheeler market, which is experiencing rapid growth as soon as this
Across the state of Washington, Meta is planning to lay off over 1,400 workers. This news came days after Facebook CEO Mark Zuckerberg assured staff that the firm will not be laying off any more workers in 2026. As of July 22, the parent company of Facebook will start
* Leading institutional investors and family offices such as SUD Life, Haldiram’s Family Office, Lotus Holdings, Ajmera Realty, Narayana Nethralaya and DS Group join Physis Capital as LPs * Physis to invest in high-impact startups from Pre Series A to Series B rounds * Aims to build a select portfolio of 15
An in-principle clearance to operate as a payment aggregator-physical (PA-P) licence has been granted to listed fintech company MobiKwik by the Reserve Bank of India (RBI). With the licence in hand, MobiKwik may go forward with plans to expand into the offline merchant industry. The company stated that the PA-P
Three startups closed fresh rounds today, spanning B2B quick commerce, usage-based billing infrastructure and D2C footwear. Fairdeal.Market led the day with a $15 million Series A, followed by Yoho's ₹23 crore raise and Flexprice's $1.5 million seed round. On the news front, Fundamentum cofounder
The gold price today in India is ₹15,903 per gram for 24-carat gold, falling 0.48% from Monday. The silver price today in India has crashed to ₹2,72,470 per kg, down a sharp 1.68% in a single session. Gold and silver prices witnessed a sharp decline
Dubai-based Indian entrepreneur Satish Sanpal, Founder and Chairperson of ANAX Holding, has stepped into the global spotlight with his debut on Netflix's reality series "Desi Bling," which premiered on May 20, 2026, even as his diversified business group continues to expand across the emirate's
Reportedly, one-fifth of Wix's worldwide workforce—about 1,000 jobs—is set to be laid off. This can be considered one of the most significant restructuring initiatives in the organisation's history. Layoffs are taking place as a result of the growing impact of AI on company&
One 97 Communications, the parent company of the Paytm brand in the fintech industry, said on May 25 that its European payment business will get a €9 million investment from its wholly owned subsidiary, Paytm Cloud Technologies. Paytm Cloud Technologies Limited's (PCTL) board of directors has authorised a
According to reports, Microsoft is terminating the majority of its Experiences and Devices division's internal Claude Code licenses. The decision was made following a significant spike in AI-related expenses caused by heavy staff utilisation. Thus, revealing an increasing financial hurdle to enterprise AI adoption. The organisation has directed
Flexprice, the open-source usage billing infrastructure built for AI-native and API-first enterprises, today announced a $1.5M seed funding round led by Shastra VC, co-led by Anupam Mittal, founder of People Group and one of India's most prominent entrepreneurs and TDV Partners, who doubled down on their initial
* Fairdeal enables kirana retailers to replenish inventory in as little as 60 minutes through its dark-store-led supply network. * Capital to be deployed toward expanding Fairdeal’s presence across Delhi NCR, entering new urban markets, strengthening technology infrastructure, and scaling its retailer and brand network. * WaterBridge Ventures continues as a cornerstone
The Indian and Vietnamese branches of National Australia Bank (NAB) intend to increase their workforce by over a thousand people. The move comes as Australian banks maintain their trend of outsourcing engineering and technology positions while laying off workers in the country. Media outlets in Australia have reported that NAB
Demand for AI-ready infrastructure is expected to surge in the next four to five years, leading Schneider Electric's India data centre business to surpass overall operations in the nation. Between 15 and 20% of Schneider Electric's revenue in India comes from data centres at the moment.
India's startup funding action on 25 May 2026 spanned biotech, speciality coffee, beauty services and D2C jewellery. Four startups collectively raised over $26 million across early and growth-stage rounds, with biotech firm StrainX leading the day at $13 million. In key business news, corporate travel platform Ziptrrip acquired
The gold price today in India is ₹15,998 per gram for 24-carat gold, up 0.40% from Friday. The silver price today in India is ₹2,76,780 per kg, jumping 1.65% as the week opens on a positive note. Bullions.co.in headlines for today read "
While Nvidia has been having trouble selling its high-end processors in China, Chinese tech firm Huawei has been touting a new strategy for developing advanced semiconductors despite U.S. sanctions. This autumn, Huawei announced that it had created a new engineering method called "LogicFolding" to produce its Kirin
To attract the next generation of Indian internet shoppers, Flipkart's Shopsy is rebranding as an AI-powered marketplace. The business boasted that the app is evolving into something more than just an offers-led marketplace. The target demographic for this shift is youthful, budget-conscious consumers in both major and smaller
Reportedly, Microsoft has started moving its engineering staff away from direct Claude Code licenses and toward GitHub Copilot CLI. This change occurs just six months after the tech company encouraged widespread experimentation with AI-assisted coding by making Claude Code. Making it available to thousands of its employees, including engineers, project
Funding
Yes Madam, one of India's fastest-growing at-home beauty and wellness platforms, has raised ₹50 crore in its first institutional funding round from the recently launched growth fund of Info Edge, led by Sanjeev Bikhchandani. The Noida-headquartered company, which has been bootstrapped and profitable since inception, will deploy the
The B2B payments startup PayMate India Ltd, which has backing from Visa Inc. and Lightbox Ventures, has been late paying employees their full salary for up to a year. Until a planned transaction with DigiAsia Corp closes and new capital flows in, the company stated it cannot do so. A
GIVA
Bengaluru, May 25, 2026 — GIVA, India's fast-growing fine jewellery brand, has welcomed National Award-winning actor and entrepreneur Kriti Sanon as a Strategic Investor and Brand Ambassador, deepening a partnership that the company says will extend well beyond a conventional celebrity endorsement. The investment lands on the heels of
🤝 Acquisition
Ziptrrip, the Mumbai-based AI-powered corporate travel and expense management platform, has acquired HelloTravel Online Private Limited in what marks its first buyout within three years of operations, the company announced on May 25, 2026. The transaction sees HelloTravel, an 18-year-old travel marketplace that was demerged as an independent entity in
For one of AI's most pressing problems, OpenAI is seeking a researcher to join their team. The goal of open AI is to find a solution to the problem of what occurs when AI systems can train themselves to be smarter. This position is part of the company&
Goldman Sachs, Societe Generale, and Citigroup Global Markets are among the global financial institutions that have purchased a 1.34% stake in Paytm's parent firm, One 97 Communications. These investment firms paid INR crores in open market transactions to acquire shares from SAIF Partners and Elevation Capital. The
In a move into the beauty services market, Snabbit now offers a salon-at-home service that, in a matter of minutes, links clients with certified beauty experts. This is the first step for the platform into a new market that it hopes will enhance its current home services offerings. After six
A significant agreement has been inked between India Post and Flipkart to enhance last-mile parcel delivery services nationwide. By merging India Post's extensive delivery network with Flipkart's robust online retail presence, the alliance seeks to enhance the reach and efficiency of e-commerce deliveries. The Department of
Seed Funding
TIST Media, the Mumbai-headquartered creator economy company, has closed its seed round at a post-money valuation of approximately USD 5.9 million, with Sthira Partners leading the investment. The round marks one of the few instances of institutional capital flowing into a pure-play creator economy business in India, signalling a
Today's Indian startup landscape is dominated by corporate developments rather than fresh funding rounds. Quick commerce leader Zepto is reportedly readying an ₹11,000 crore IPO by July, while healthtech unicorn Innovaccer has acquired US-based CaduceusHealth in its fifth buyout in two years. On the listed side, Info
The gold price today in India is ₹16,003 per gram for 24-carat gold, down 0.24% from yesterday. The silver price today in India is ₹2,74,830 per kg, falling 0.26% in early trade. Gold is trading at $4,535.79 as of 22 May 2026. Both
Stellantis has just launched the most significant rethinking of its India strategy in recent times. The company and Tata Motors have declared their intention to collaborate on the design and production of a new Jeep model for the international market. As a result, India went from being a challenging home
In its first quarter of fiscal year 27 earnings commentary, the worldwide retail juggernaut Walmart highlighted Flipkart and its quick commerce service, Flipkart Minutes, illuminating the platform's lightning-fast delivery growth in India. The e-commerce giant was singled out by the retailer for its contribution to the quarter'
Swiggy, a food tech giant, had its bid to become an IOCC (Indian-owned and controlled company) rejected by shareholders. The foodtech juggernaut was unable to restructure its board nominating process and change its articles of association (AoAs) due to a lack of support. The business reported 72.36% support for
Meta has initiated yet another round of job cuts in the Irish market. The US IT titan is moving on with a worldwide reorganisation strategy focused on AI and automation, which might lead to the layoff of as many as 350 workers. Meta plans to let off over 8,000
Indian startups saw fresh capital flow into fintech and digital fashion on 21 May 2026, with two funding rounds anchoring the day. Travel-fintech Scapia led the tally with a $63 million raise backed by General Catalyst, while Meta Fashion picked up $400K in pre-seed funding led by Lumikai. On the
In July, Zepto, a platform for quick commerce, will conduct its initial public offering (IPO) with a target price of INR 11,000 crore. If the IPO is approved, Zepto would become the third Indian food delivery app to follow Swiggy and Zomato in being listed on a stock exchange.
With an investment of over $10 billion, Advanced Micro Devices plans to significantly increase its footprint in Taiwan. Therefore, in an effort to catch up to Nvidia in the rapidly expanding market for artificial intelligence chips, it is strengthening relationships throughout the island's semiconductor ecosystem. The American semiconductor
A broader overhaul of loan recovery standards is underway. Reserve Bank of India (RBI) has issued modification orders to update 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents.'. As part of the planned changes, financial institutions like banks and NBFCs will be able
Gold prices in India today are around ₹15,944 per gram for 24-carat gold, while silver prices are near ₹2,85,000 per kg. Prices are mostly stable as investors react to the US Federal Reserve’s latest policy comments. Gold and silver rates on 21 May 2026 saw only
As part of its aggressive push into artificial intelligence, corporate software company Intuit is laying off about 3,000 workers worldwide. Additionally, in order to better compete in a market that is becoming more and more driven by AI, the company is restructuring its organisational structure. Chief Executive Officer Sasan
Southwest Airlines' recently established Global Innovation Centre in Hyderabad aims to hire approximately 1,000 people in the next years. The move is part of the airline's strategy to fortify its engineering and technological capacities in countries other than the US. According to remarks made by senior
ANSCER Robotics
Bengaluru-based industrial robotics company ANSCER Robotics has raised ₹45 crore in a fresh funding round led by IAN Alpha Fund, the second venture capital fund in IAN Group's series, with participation from Info Edge and a clutch of angel investors. The capital infusion, announced on 21 May 2026,
Meta Fashion
Meta Fashion, a Delhi-based digital fashion platform building what its founders describe as the "Zara for the Virtual World," has raised approximately $400,000 in a pre-seed funding round led by Lumikai, India's interactive media, digital platforms, and games-focused venture capital fund. The round, announced on
Scapia
Scapia, the Bengaluru-based travel-fintech company, has raised $63 million in a fresh funding round led by US-based venture firm General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. The round, announced on May 21, 2026, takes the company's total equity funding to approximately $135