According to the company, NBF Tata Capital received a reassessment order from tax authorities, which raised a demand of INR 413.18 crore for the 2017–18 fiscal year. The order was uploaded on March 20, 2026, and it was issued by the Mumbai Deputy Commissioner of Income Tax under
FusionStays, headquartered in Kolkata, an offbeat travel platform focused on verified, quality-assured stays, has raised INR 75 lakhs in Pre-Seed funding from Vruddhi Capital, Udupi, along with participation from angel investors. The fresh capital will be utilised to strengthen product development, accelerate geographical expansion, and invest in leadership team development
Ola Electric Mobility Ltd is shifting funds that were supposed to go into innovation into paying off debt. Consequently, the electric-vehicle producer is under increasing pressure due to weakening sales and stalled financing efforts. The plan for using the INR 5,500 crore that the Bengaluru-based company raised in its
The Indian startup ecosystem remained relatively quiet on 20 March 2026, with limited funding activity but notable developments in consumer, foodtech, and regulatory spaces. The day saw a small early-stage deal in the senior care segment, while major business news was driven by pricing changes, acquisition talks, and regulatory pressures.
The Indian startup ecosystem remained active on 19 March 2026, with steady funding across AI, healthtech, robotics, and consumer brands. The day was led by Assiduus Global’s $25 million raise, while early-stage deals continued to dominate overall activity. Healthtech and AI-driven platforms saw strong traction, alongside growing interest in
IAN Group, the country’s single largest early-stage investment platform, has invested in Rymo Technologies, a robotic neuro-rehabilitation startup, in its seed funding round of over INR 10 crore, through its evergreen fund, IAN Angel Fund, with participation from other angel investors. The fresh capital will be used to accelerate
Contemporary innerwear and shapewear brand Pinq Polka has raised ₹4 crore in a Pre-Series A led by Inflection Point Ventures (IPV). The capital will be deployed to scale marketing for the brand’s shapewear category, strengthen its team, and support working capital requirements. Founded with the vision of building a
Assiduus Global Inc., an AI-powered middleware infrastructure platform for global digital commerce, announced the close of its $25 million Pre-Series B funding round led by Bajaj Finserv, one of India’s largest and most diversified financial services groups. Since its previous round, the company has quadrupled revenue, tripled valuation, and
The Indian startup ecosystem remained active on 18 March 2026, with multiple funding deals across QSR, fintech, AI, and enterprise SaaS sectors. Leading the day, Burger Singh raised ₹82 crore in Series B funding, while Weaver Services secured a massive ₹1,450 crore investment to strengthen its housing finance play.
Indian QSR chain Burger Singh has raised ₹82 crore in a Series B funding round, valuing the company at around ₹520 crore. The fresh capital comes at a time when the brand is scaling rapidly across India, especially through its franchise-led expansion strategy. The round saw participation from a mix
In-app communication platform CometChat has announced raising a strategic funding of $6.5 million ( Rs 60 crore ) from its existing investors Run Ventures to up its AI play for key ecosystems. The Company has raised $21.1 million till date in funding including the current round. This round follows a
India’s startup ecosystem saw activity across deeptech, consumer brands, and AI-driven platforms on 17 March 2026. Velmenni raised ₹30 crore to scale its light-based wireless communication technology, while Grapevine secured $4.1 million to expand its AI-led talent platform. On the business front, Venture Catalysts exited Pee Safe, RBI
* The company plans to expand its presence to 20 cities and serve one million households over the next three years DrinkPrime, India’s fastest-growing IoT-enabled water purifier subscription platform, has raised USD $2.2million (INR 20 crores), led by Mirabilis Investment Trust and Artha Continuum Fund. The newly raised capital
* Led by former Capillary CRO Ankur Saigal, BambooBox is building the Managed ABM Operating System, an emerging category designed to embed AI, strategy, and execution directly into enterprise revenue teams. * The company has raised a total of $6.6 million led by Peak XV’s Surge, with participation from US-based
* The funds will be used mainly for marketing, R&D, supply chain and selective hiring Moe Puppy, a Gurugram-based D2C pet care brand focused on redefining pet wellness through thoughtfully designed products, has raised ₹2 crore in a pre-seed funding round led by PedalStart. The round also saw participation
Venture Catalysts has exited Pee Safe following a $32 million OrbiMed-led round, delivering a 9.6x return and 30.53% XIRR. The exit highlights its early-stage investment strategy, backing category creators and achieving strong liquidity outcomes for investors.
Velmenni, a deep-tech pioneer in light-based wireless communication, today announced a ₹30 crore (approx. USD 3.3Mn) Pre-Series A funding round. The round was led by pi Ventures, with participation from other investors like MountTech Growth Fund-Kavachh and Apekso. Velmenni has developed high-capacity backhaul and alternative last-mile connectivity solutions for
India’s startup ecosystem saw strong investment activity on 16 March 2026, particularly in climate‑focused fintech, AI, health and enterprise tech sectors. Ecofy raised $42 million (₹380 crore) to scale sustainable financing solutions, while other startups, including BetterHood, Agnit Semiconductors, OfficeBanao and GrapeVine, also secured fresh capital. On the
IDBI Bank shares plunged over 13% to around ₹79 after reports said the Indian government may scrap the proposed majority stake sale due to lower-than-expected bids. The development has raised uncertainty around the bank’s long-planned privatisation process.
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Corporate venture capital and accelerator programs are emerging as key drivers of deep-tech funding. By backing startups in AI, climate tech, and advanced technologies, corporations are reshaping how early-stage ventures secure capital and survive in the challenging 2026 funding environment.
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Introduction: VC Rebound and Immigration Strategy After a difficult period for venture funding, the startup market began to recover in 2025. By 2026, many startup founders are once again focused on growth, expansion, and building global companies. For startups around the world, the United States continues to be one of
India’s startup ecosystem saw activity in the retail infrastructure space on 13 March 2026, with OneKiraana raising $1.6 million in seed funding led by Ankur Capital to empower kirana stores with private label capabilities. Meanwhile, key business developments included NSE appointing bankers and law firms for its long-awaited
India’s startup ecosystem saw notable activity across digital health and D2C food brands on 12 March 2026. Consumer health platform Mosaic Wellness raised ₹200 crore from 360 ONE, while boAt co-founder Aman Gupta invested in premium confectionery startup Fulva to support its expansion. Meanwhile, key business developments included Emversity’
India has eased FDI rules for Chinese and neighbouring-country investors, allowing minority, non-controlling stakes via the automatic route. The move aims to revive stalled startup funding, boost manufacturing, and attract global capital while keeping strategic control with Indian entities.