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 .
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Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) is significantly expanding its footprint in India’s startup ecosystem with a dedicated $250 million fund** targeting early and growth-stage companies, with a strong focus on **fintech** . The corpus has the potential to be scaled up to **$400 million .
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Skyroot Aerospace, India’s first space-tech unicorn, has set an ambitious revenue target of ₹977 crore by FY27, according to a KPMG valuation report . The Hyderabad-based startup, which recently raised $60 million at a $1.1 billion valuation, is preparing for the maiden orbital launch of its Vikram-1 rocket—a mission that could reshape India’s commercial space landscape .
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The Indian startup funding landscape continues to navigate a period of recalibration, with the latest weekly figures reflecting a cautious yet resilient investment climate.
Between May 25 and May 29, 2026, Indian startups collectively raised approximately **$52 million across 15 deals** . While this marks a **44% decline** from the $92.2 million raised across 17 deals in the previous week , the underlying trend suggests that capital is flowing selectively into ventures with strong fundamentals.
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Titan Capital, the early-stage venture capital firm founded by Kunal Bahl and Rohit Bansal (co-founders of Snapdeal), has unveiled its ambitious “Future Indicorns” program—a dedicated initiative to discover and back the next generation of AI startups solving India’s most complex, large-scale challenges .
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India’s synthetic biology startup ecosystem has taken a significant leap forward with StrainX Bioworks emerging from stealth after securing $13 million in Series A funding co-led by Prime Venture Partners and Leo Capital .
This is not just another funding announcement; it signals a strategic maturation of the Indian biotech landscape—moving from pharmaceutical services towards building indigenous, deep-tech manufacturing capabilities in precision fermentation .
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Venture capital firms in India are undergoing a fundamental shift in their investment philosophy. After a decade of “growth at all costs” fueled by abundant global liquidity, the 2026 funding landscape is seeing a decisive pivot toward operational efficiency, profitability potential, and clear business fundamentals .
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Karnataka’s technology-driven startup landscape attracted an impressive $868 million in funding during the first quarter of 2026, spread across 117 deals . While this marks a 16% decline from the preceding quarter, it represents a 7% annual rise, underscoring the resilience and maturity of the state’s innovation economy .
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Media-tech startup Mythik, founded by former Housing.com and FreeCharge CEO Jason Kothari, has successfully raised $5 million in an extension round, pushing its valuation past $50 million. The funding comes approximately one year after the company announced a $15 million seed round—the largest in India’s media-tech sector at the time .
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The Indian startup ecosystem witnessed a powerful resurgence this week, with funding jumping 85% to $292.52 million across 20 deals . The dramatic rebound follows weeks of subdued venture activity and is largely attributed to a single blockbuster transaction: Rapido’s $240 million mega round, which catapulted the mobility platform to a $3 billion valuation .
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