March 2026 - Page 3 of 10

Pranos Fusion Raises $6.8 Million to Build India’s First Commercial Tokamak and Chase the Sun

Pranos Fusion, a Bengaluru-based deep-tech startup, has raised $6.8 million (approximately ₹63 crore) in a seed funding round co-led by pi Ventures and Ankur Capital . The round also saw participation from existing investor Industrial47 and a distinguished group of angel investors, including Lalit Keshre (Co-founder, Groww) , the founders of Razorpay, and Bhukhanwala Industries .

This investment marks a significant milestone not just for Pranos, but for India’s ambitions in advanced scientific innovation—moving the country’s startup narrative beyond consumer apps and into the frontiers of physics and engineering that will define the 21st century.

Zepto Introduces Pay Later, Real-Time Produce Images, and Add After Checkout as Quick Commerce Enters a New Phase

The company unveiled a suite of new features designed to reduce “everyday shopping friction” and usher in what it calls “behaviour-led commerce” . The centerpiece of this update is a ‘Pay Later’ facility offering interest-free credit, alongside ‘Real Lens’ —a tool providing real-time images of fresh produce—and an ‘Add After Checkout’ function that lets customers add forgotten items to an existing order .

Cashify Appoints Bankers for IPO, Aims to Raise ₹1,800 Crore in Recommerce Unicorn’s Public Debut

India’s startup ecosystem is quietly building momentum for what could be one of the most anticipated public listings of 2027. Gurugram-based recommerce platform Cashify has taken a concrete step toward its initial public offering (IPO) by appointing investment bankers to lead the process .

The Amazon-backed company has mandated ICICI Securities, JM Financial, and Nomura as the lead bankers for its proposed public listing . The move signals that the eight-year-old startup, which has built a profitable and scalable model in the refurbished electronics space, is preparing to join the growing cohort of new-age companies transitioning from private funding rounds to public markets.

Euler Motors Raises ₹437 Cr in Series E Led by Lightrock as Commercial EV Maker Scales for the Next Phase

India’s electric vehicle revolution is often told through the lens of passenger cars and two-wheelers. But the real story of rapid, economically rational adoption is unfolding in a different segment entirely: commercial electric vehicles.

Euler Motors, a Delhi-based electric commercial vehicle manufacturer, has just placed a massive bet on this thesis. The company has raised ₹437.5 crore ($47 million) in a Series E equity funding round led by Lightrock, with participation from existing investors Hero MotoCorp and Blume Ventures . Additionally, the company has secured ₹250 crore in debt financing from BlackSoil, Trifecta Capital, InnoVen Capital, and Alteria Capital, bringing the total fresh capital infusion to ₹687.5 crore .

Startups and MSMEs Unite: How India’s Tier-2 Regions Are Becoming the New Engines of Growth

This revolution is driven by the powerful and growing collaboration between two pillars of India’s economy: startups and Micro, Small, and Medium Enterprises (MSMEs) . And nowhere is this synergy more visible than in the Tier-2 cities that are rapidly emerging as the new engines of the nation’s growth.

Recent SME summits across India—from the ET Make in India SME Regional Summit in Dehradun to the MSME Business Summit in Mumbai—have spotlighted this transformative partnership . The message is clear: when the agility and technological prowess of startups combine with the stability, reach, and manufacturing depth of MSMEs, the result is a mutually reinforcing growth cycle that benefits the entire economy.

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Pranos Fusion Raises $6.8 Million to Build India’s First Commercial Tokamak and Chase the Sun

From Labs to Markets: Abhivyakti 2026 at IIT Kanpur Showcases 150+ Deep-Tech Startups

Deep-tech innovation in India has long faced a critical bottleneck: the chasm between groundbreaking research in academic labs and scalable, market-ready solutions. This gap—often called the “valley of death”—has been where many promising ideas go to languish, unable to secure the funding, mentorship, and industry partnerships needed to survive commercialization.

Zetwerk Targets $550 Million IPO at $4 Billion Valuation as Manufacturing-Tech Unicorn Prepares for Public Debut

The Bengaluru-based unicorn is preparing to confidentially file its draft papers for an initial public offering (IPO) within the next one to two weeks, aiming to raise up to $550 million at a valuation of approximately $4 billion . This move comes despite a backdrop of market volatility and cautious investor sentiment in 2026, highlighting the confidence investors and founders have in the company’s strong fundamentals and its position in a strategically critical sector.

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Swish Raises $38 Million in Series B, Valuation Doubles to $139 Million as Quick Food Delivery Heats Up

While snacks and beverages have found their place in quick delivery models, full meals—prepared fresh, delivered hot, and consistently high-quality—have remained a difficult puzzle to solve. Larger platforms like Swiggy, Zepto, and Zomato have experimented with and scaled back their ultra-fast food offerings due to operational complexity and cost pressures .

Yet, in this challenging landscape, one Bengaluru-based startup has not only survived but thrived. Swish has just announced a $38 million Series B funding round, more than doubling its valuation in just one year and signaling strong investor confidence in its vertically integrated, hyperlocal food delivery model .

IIT Bombay to Host Bharat Innovates 2026: 137 Deep-Tech Startups, Global Investors, and a Vision for India’s Innovation Future

On March 21 and 22, 2026, the Indian Institute of Technology (IIT) Bombay will transform into the epicenter of India’s deep-tech ambitions. The institute is set to host the Bharat Innovates 2026 Deep-Tech Pre-Summit, a landmark two-day event that will bring together 137 of the most promising deep-tech startups from across the country, along with investors, policymakers, and academic leaders .

This is not just another startup event. It is the culmination of a rigorous, multi-stage national selection process that began with over 3,000 applications, narrowed down through theme-specific bootcamps and a National Basecamp at IIT Gandhinagar . The startups chosen represent the very best of India’s research-backed innovation, spanning 13 critical technology themes .