Gujarat International Finance Tec-City (GIFT City) has officially launched the second cohort of its Fintech Residential Programme, designed to support early-stage startups developing next-generation financial technology solutions .
Read More
Bengaluru-based deeptech startup Ethereal Machines has raised $28.5 million (approximately ₹272 crore)** in a Series B funding round led by **Avataar Ventures**, with participation from existing investor **Peak XV Partners** and others . The round brings Ethereal’s total funding to nearly **$50 million, having previously raised $13 million in Series A and $7.3 million in seed funding from Peak XV’s Surge programme
Read More
Enterprise AI startup Rivvun AI has raised $7.55 million in an oversubscribed seed funding round co-led by Sitara Capital and 3one4 Capital, with participation from strategic angels and family offices . The Seattle and Pune-based company is building an autonomous AI execution layer that sits between commercial agreements and financial settlement systems, helping Fortune 1000 enterprises recover revenue and spending that leaks through operational gaps
Read More
Precision oncology startup 4baseCare has raised a total of ₹128 crore (approximately $15 million) in a Series B funding round, including a fresh ₹38 crore top-up co-led by growX Ventures and Infosys, with participation from existing investors .
The Bengaluru-based startup had earlier closed the first tranche of its Series B at ₹90 crore, led by Ashish Kacholia, Lashit Sanghvi, and existing backer Yali Capital . The company has now cumulatively raised over $18.8 million to date.
Read More
Fintech major PhonePe has introduced SmartPages, an AI-driven tool that enables businesses to create professional payment and checkout pages within minutes — without any coding or design expertise . Integrated into PhonePe’s Payment Gateway (PG) platform, the feature is designed to help merchants, particularly small and independent sellers, accelerate their digital transformation journey .
Read More
India has solidified its position as the most active fintech market in Asia, securing more than one-third of all fintech deals in the region during the first quarter of 2026 . With 54 deals and a 35% share of total activity, India maintained its dominance, up from 46 deals and a 28% share in Q1 2025—a 17% rise in volume that also translated into a notable gain in its proportional standing .
Read More
Fintech platform WeRize has secured $7 million in a pre-Series C funding round** led by **Sony Innovation Fund**, with participation from existing investor **3one4 Capital** . This marks the first external capital the Bengaluru-based startup has raised since its 2022 Series B round, bringing its total equity funding past **$28 million .
Read More
The Indian startup ecosystem witnessed a robust recovery in the first week of June as investor confidence returned after a sluggish period. Between June 1 and June 5, 2026, Indian startups cumulatively raised approximately **$187 million across 21 deals**, marking a significant **260% week-on-week jump** from $52 million raised across 14 deals in the preceding week .
Read More
New Delhi is set to host one of the year’s most anticipated startup ecosystem events as Ideabaaz Startup Fest 2026 takes over Bharat Mandapam from August 26–30, 2026. The five-day festival promises to bring together over 300 curated startups and more than 150 Indian and global investors under one roof, creating what organisers describe as a comprehensive platform for startup discovery, funding, mentorship, and recognition .
Read More
India’s artificial intelligence startup ecosystem raised **$725 million across 113 deals** between January and May 2026, a modest 10.4 percent decline from the $809 million raised in the same period last year . While the headline number dipped, the underlying data reveals a strategic rebalancing toward early-stage innovation—a sign of a maturing ecosystem shifting its focus from chasing growth-stage unicorns to building the next generation of foundational AI companies.
Read More