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Startup Funding

This founder is set to become CEO of the company that acquired his startup

Albinder Dhindsa, Founder of Grofers and CEO of Blinkit, is set to become Group CEO of Eternal Ltd, succeeding Deepinder Goyal, after leading Blinkit to rapid growth and profitability.

Startup Funding

CESC's green arm to invest ₹3,800 crore in Uttar Pradesh solar plant

CESC Green Power Ltd signed an MoU with the Uttar Pradesh government to set up a 3GW solar cell and module plant, a 60 MW solar power plant, R&D facilities, and ancillary units, at an investment of around ₹3,800 crore; this comes on the heels of a ₹4,500-cr project in Odisha.

Startup Funding

Shadowfax Tech IPO Day 2: Issue Receives 63% Subscription So Far, GMP Falls; Should You Apply?

Unlisted shares of Shadowfax Technologies Ltd are trading at Rs 128 apiece in the grey market, which is a 3.23% premium over the upper IPO price, indicating a subdued listing.

Startup Funding

NVIDIA Invests $150 Million in AI Inference Startup Baseten

The deal underscores a strategic shift as the AI industry pivots from model training to large-scale deployment. The post NVIDIA Invests $150 Million in AI Inference Startup Baseten appeared first on Analytics India Magazine .

Startup Funding

Fintech firm ZET receives NPCI approval to launch UPI payments on RuPay credit cards

ZET gains NPCI approval as TPAP, launches ZET UPI for RuPay credit card-linked UPI payments, powered by Juspay and RBL Bank, offering cashback and credit-building for first-time borrowers.

Startup Funding

Deepinder Goyal Resigns As Eternal CEO, Blinkit's Albinder Dhindsa To Succeed

Deepinder Goyal Resignation: 'Today, I am going to step away from the Group CEO role, and... will remain on the board of directors as vice-chairman,' says Goyal.

Startup Funding

Why Deepinder Goyal left Eternal CEO role to work on extending human lifespan, aircraft startup

Deepinder Goyal has stepped aside as Group CEO at Eternal to focus on high-risk ventures spanning longevity research, brain-health wearables and hybrid-electric aircraft, pursued outside the listed company.

Startup Funding

Why Has Deepinder Goyal Quit As CEO Of Eternal? What He Reveals In Letter To Shareholders

In a letter to shareholders, Goyal says that over time, he has become increasingly interested in exploring ideas that involve significantly higher levels of risk & experimentation.

Startup Funding

Who Is Albinder Dhindsa, The New CEO Of Eternal (Zomato's Parent)?

Albinder Dhindsa is best known as the co-founder and CEO of Blinkit, one of India's fastest-growing quick-commerce platforms, previously known as Grofers.

Startup Funding

Union Cabinet approves ₹5,000 crore equity infusion into SIDBI to enhance credit to MSMEs

The equity infusion will be provided by the Department of Financial Services (DFS) and will be divided into three tranches of ₹3,000 crore in 2025-26, and ₹1,000 crore each in 2026-27 and 2027-28

Startup Funding

B2B-focused VC firm Exfinity Venture Partners launches Rs 1,100 crore Fund IV

Exfinity Venture Partners has filed with SEBI to launch its fourth fund, targeting a corpus of Rs 1,100 crore, as the deeptech focused venture capital firm builds on recent cross-border exits and a full capital return from its 2016-vintage Fund II. The Bengaluru-based firm plans to retain an early-stage investment strategy for Fund IV, while allocating a larger share of capital to follow-on rounds. The shift reflects the longer build and commercialisation cycles typical of deep-tech businesses, partners Chinnu Senthilkumar and Jesper Ludolph told ETEntrepreneur. Cheque sizes are expected to rise modestly, with Exfinity continuing to target 10–20 per cent ownership in portfolio companies. Fund IV will focus on semiconductors, physical AI, advanced compute, robotics and enterprise AI software. It will also expand into newer categories such as photonics, quantum computing, hydrogen and energy systems, life sciences, climate technology and mobility. The firm has not previously invested ...

Startup Funding

IndiaMART to step up tech investments over two years after strong Q3: CEO Dinesh Agarwal

IndiaMART’s long-term growth strategy now involves prioritising AI-driven tools to enhance operational efficiency and supplier retention. The company is also exploring quick-commerce partnerships and stepping up efforts to deepen its footprint in southern India even as competition revs up.

Startup Funding

Varthana adds Symbiotics, Triple Jump to $16.5M debt funding round

Varthana, founded in 2013, provides loans to affordable private schools and students, and operates across multiple Indian states.

Startup Funding

Adobe Unveils AI Video Innovations, $10 Million Grants Ahead of Sundance Film Festival

The Adobe Film & TV Fund, totaling $20 million, supports diverse filmmakers and will spotlight their work at Sundance. The post Adobe Unveils AI Video Innovations, $10 Million Grants Ahead of Sundance Film Festival appeared first on Analytics India Magazine .

Startup Funding

Davos 2026: Welspun group is expanding in energy sector with $500 million investment, says BK Goenka

Overall, the multinational conglomerate Welspun Group is expanding in the energy sector with an investment of over $500 million, with $100 million investment in Saudi Arabia and $400 million in the US. Read on:

Startup Funding

Energy Tech Startup Cloover Secures $1.2 Bn to Build AI Operating Systems for Europe

Cloover aims to be a global, decentralised energy platform to deliver affordable, independent energy. The post Energy Tech Startup Cloover Secures $1.2 Bn to Build AI Operating Systems for Europe appeared first on Analytics India Magazine .

Startup Funding

Enerzolve Nets $5.1 Mn To Build Infrastructure For Intelligent Energy Systems

Bengaluru-based deeptech startup Enerzolve Smart Technologies has raised $5.1 Mn (about INR 46.7 Cr) in its seed round co-led by…

Startup Funding

Arkahub Secures $2 Mn To Scale Residential Solar Power Solutions

Rooftop solar solutions provider Arkahub has secured $2 Mn (INR 18.3 Cr) in a seed funding round led by Kae…

Startup Funding

InvAscent-backed Ankura Hospitals may raise ₹400-500 crore, appoints banker

The development comes less than a year after Ankura Hospitals raised funds to expand its operations, and at a time when investor interest in the mother and child care market has been steadily rising

Startup Funding

Exfinity Venture Partners makes full capital return for Fund II from recent exits

Exfinity Venture Partners has completed three strategic exits in the past 12 months and has initiated fundraising for its fourth fund.

Startup Funding

Kitchenware startup Cumin Co. raises $5M in pre-Series A round

The startup plans to use the capital to expand its research-led product portfolio across cookware and kitchen essentials and strengthen its supply chain and product development capabilities as it scales.

Startup Funding

Aerem Raises $15 Mn To Offer Solar Financing Solutions

Solar financing startup Aerem Solutions has raised $15 Mn (around INR 137 Cr) in its pre-Series B funding round led…

Startup Funding

Big Tech is Running Out of Carbon Credits. Enter Indian Startup Varaha

Varaha is one of Asia’s leading developers of carbon removal credits, working with over 100,000 farmers. The post Big Tech is Running Out of Carbon Credits. Enter Indian Startup Varaha appeared first on Analytics India Magazine .

Startup Funding

Voice AI Startup Ringg Bags $5.5 Mn From Arkam Ventures

Voice AI startup Ringg AI has raised $ 5.5 Mn (INR 48 Cr) in its Series A funding round led…