Gullak’s Golden $7.5M Series A Haul: Digitizing India’s Timeless Gold Obsession
In a glittering endorsement of India’s enduring love affair with gold, Bengaluru’s Gullak, the innovative fintech startup that’s turning grandma’s piggy bank into a smartphone superpower, has clinched a robust $7.5 million Series A funding round. Led by the visionary Chiratae Ventures, with key contributions from White Venture Capital, Samved Ventures, and steadfast backers like…
Colive’s $20 Million Funding Boost: Revolutionizing Urban Housing Amid India’s Rental Boom
In the heart of India’s bustling urban landscape, where dreams of opportunity collide with the harsh realities of housing scarcity, Colive has emerged as a beacon of innovation. The Bengaluru-based co-living pioneer has just secured a game-changing $20 million infusion in its Series B round, led by global investment heavyweight Bain Capital and bolstered by…
Finnable Secures Rs 250 Crore to Revolutionize Digital Lending in India
In the pulsating heart of India’s fintech ecosystem, where innovation clashes with regulatory scrutiny, a new funding saga is unfolding. Finnable, the Bengaluru-based digital lending platform that’s been quietly revolutionizing credit access for underserved borrowers, is on the cusp of securing a whopping Rs 250 crore in a fresh funding round. This infusion, led by…
BacAlt Biosciences Secures Rs 18 Crore in Groundbreaking Funding to Redefine Sustainable Ingredients
In a transformative leap for India’s biotech landscape, Bengaluru-based speciality biotech startup BacAlt Biosciences has raised Rs 18 crore (approximately $2 million) in a pre-seed funding round led by Avaana Capital, a venture capital firm renowned for championing deep-tech innovation. The funding round, announced on September 11, 2025, also saw participation from Lubrizol InnoVentures, the…
ILJIN Electronics Secures Rs 1,200 Cr from ChrysCapital and InCred to Ignite Semiconductor Expansion
ILJIN Electronics, a leading electronics manufacturing services (EMS) company and a subsidiary of Amber Group, has raised Rs 1,200 crore in its first external institutional funding round, marking a significant milestone in India’s semiconductor and electronics manufacturing landscape. The investment, led by ChrysCapital with Rs 1,100 crore and InCred Growth Partners Fund I contributing Rs…
boAt Sails Back to Profitability: A Rs 60 Crore Turnaround in FY25 Amid Market Headwinds
New Delhi, September 6, 2025 – In a consumer electronics market battered by fierce competition and shifting consumer preferences, Gurugram-based boAt has scripted an impressive comeback story. The brand, known for its affordable audio gadgets and wearables, has swung back to profitability with a net profit of Rs 60 crore in the fiscal year ending…
GST 2.0 Unveiled: India’s Game-Changing Tax Reforms and Current Rates for 2025
As an Indian journalist covering economic policies and taxation, the buzz around “GST 2.0” has been intensifying in recent months. Introduced in 2017, the Goods and Services Tax (GST) revolutionized India’s indirect tax system by unifying multiple levies into a single framework. However, with the economy evolving rapidly—fueled by digitalization, MSME growth, and global trade…
Elev8 Venture Partners Fuels Indian Startup Surge with Rs 1,400 Crore Debut Fund Victory
Introduction On September 1, 2025, Elev8 Venture Partners, a Bengaluru-based venture capital firm, celebrated closing its first fund at Rs 1,400 crore (approximately $160 million), a major milestone for India’s startup ecosystem. Led by Navin Honagudi, an investor with over 15 years of experience, Elev8 is committed to supporting high-growth, tech-driven startups despite global venture…
Akasa Air Soars Higher: Secures Rs 1,200 Crore Funding from Premji Invest, Others; CEO Vinay Dube Hails Jhunjhunwala Family’s Enduring Backing
In a significant boost to India’s burgeoning aviation sector, Akasa Air, the country’s youngest low-cost carrier, has successfully closed a strategic investment round, raising approximately Rs 1,200 crore (equivalent to $125 million). This fresh infusion of capital comes from a consortium of high-profile investors, including Premji Invest, 360 ONE Asset Management, Claypond Capital, and the…
“Housing Is a Social Movement”: Raj Chaudhary Talks About Aawas Yojana’s Mission to Build Trust and Homes
In a candid conversation, Mr. Raj Chaudhary, Director – Global Expansion at Aawas Yojana, shares how the platform is turning dreams into reality by making housing transparent, affordable, and accessible for every Indian. Q1: Why do you say Aawas Yojana is more than a housing platform? Raj Chaudhary: Because we’re not just selling homes—we’re creating…