The India Bizz Startup News Website

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Startup News

Innovaccer Lays Off 340 Employees Amid Shift Toward AI-Native Operations

Desk
by Desk080
Innovaccer has announced another round of layoffs as the company accelerates its transition into an AI-native organisation, impacting 340 employees globally. The development came to...
Fundingelectric vehicles

Simple Energy Raises ₹127 Crore Ahead of IPO Plans Amid Growing EV Market Competition

Desk
by Desk087
Simple Energy is raising ₹126.7 crore (around $13.2 million) in a fresh funding round led by existing investor and Arokiaswamy Velumani, as the Bengaluru-based company...
Business

Inflection Point Ventures Records 16 Startup Exits in FY26 With 41% IRR and 2.86x Returns

Desk
by Desk067
Inflection Point Ventures has announced 16 startup exits during FY26, reporting an impressive aggregate internal rate of return (IRR) of 41% along with a 2.86x...
Business

Devotional Startup DevDham Shuts Down Operations Nearly Two Years After Seed Funding

Desk
by Desk058
DevDham, the spiritual-tech platform formerly known as DevDarshan, has reportedly shut down operations nearly two years after raising its seed funding round in January 2024....
FundingFunding & VC Deals

Legend of Toys Raises Rs 21 Cr in Pre-Series A Round to Expand Premium Toy Business

Desk
by Desk074
Legend of Toys has raised Rs 21 crore in a pre-Series A funding round with participation from investors including Singularity Early Opportunities Fund, Veltis Capital,...
Funding

Sarvam AI Nears $1.5 Bn Valuation as HCLTech Leads $300 Mn Funding Round

Vishal Gawai
by Vishal Gawai069
Sarvam AI is reportedly close to securing a major funding round that could push its valuation to nearly $1.5 billion, making it one of India’s...
Funding

Rapido in Talks to Raise $200 Million from Prosus at Up to $2.7 Billion Valuation

Vishal Gawai
by Vishal Gawai069
Rapido is reportedly in discussions with global investment giant Prosus to raise nearly $200 million in fresh funding, according to a report by MoneyControl. The...
Startups & Investors

D2C Insider to Launch Rs 150 Crore ConsumerX Ventures Fund for Early-Stage D2C Startups

Desk
by Desk046
D2C Insider is preparing to launch ConsumerX Ventures, a new Category II Alternative Investment Fund (AIF) aimed at backing early-stage direct-to-consumer startups and enablers across...
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