All News Hiring News 199 Industry Trends 2610 New Job Openings 33 Salary / Compensation 93 Layoffs / Restructuring 62 Remote Work 20 Startup Funding 586 Government Jobs 185
Startup Funding

Fintech startup Skydo secures final RBI authorisation for cross-border payments

Bengaluru-based cross-border payments platform Skydo has received final authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator–Cross Border (PA-CB). The approval follows in-principle authorisation granted in January last year and places Skydo among a small group of fintech firms cleared under the PA-CB regime. The licence allows the company to facilitate cross-border payment collections as a regulated entity at a time when the central bank has tightened oversight of such activities by bringing them within the payment-aggregator framework. Skydo enables exporters to collect locally from international clients, with transparent flat-fee pricing, no markup on live mid-market FX rates, and fast settlements. The platform provides instant access to compliance documents like FIRC through deep integration with partner banks, and offers a full suite of Accounts-Receivable tools like Invoicing, Payment Reminders and Ledgering, and Integration with ERP / Accountin...

Indian Startup News · Jan 9
Startup Funding

Ronnie Screwvala-led upGrad drops plans to acquire Unacademy: Report

upGrad has dropped plans to acquire Unacademy after months of discussions, as the two sides failed to agree on a final valuation, according to media reports. The talks had marked the first formal confirmation of potential merger and acquisition discussions around Unacademy. Last month, co-founder Gaurav Munjal said the company was open to an M&A transaction if it resulted in a “stronger entity”. He also acknowledged that Unacademy’s valuation may have fallen to below $500 million, sharply lower than its peak valuation of $3.5 billion in 2021. As part of the discussions with upGrad, Unacademy’s investors were expected to receive a minority stake in the combined entity. upGrad, which sees itself at a valuation of around $2 billion, was primarily interested in Unacademy’s core test-preparation business, with other verticals likely to be excluded from the deal structure. The collapse of the talks comes against the backdrop of a prolonged slowdown in India’s edtech sector after the pande...

Indian Startup News · Jan 8
Startup Funding

NBFC Varthana bags $6M loan from WaterEquity for school sanitation projects

Backed by American actor Matt Damon, WaterEquity invests exclusively in water and sanitation projects. This transaction marks its first global investment in the school finance segment. The funding will be used for school improvement loans that include water, sanitation and

YourStory Funding · Jan 8
Startup Funding

Bharat-focused micro-drama platform MiniPix raises Rs 2.4 crore in seed funding from PedalStart

Bengaluru-based MiniPix, a mobile-first entertainment platform focused on short-form regional micro-dramas for Bharat audiences, has raised Rs 2.4 crore in a maiden pre-seed funding round led by startup accelerator PedalStart. The round also witnessed participation from Venture Catalysts and renowned investors, including Sandip Gupta and Rajdip Gupta (Founders, Route Mobile) through SanRaj Family Ventures Pvt. Ltd. The startup will use the raised capital to strengthen its product-market fit, scale high-quality regional content creation, and build a execution-focused team. It aims to sharpen its platform capabilities while remaining deeply aligned with mobile-first consumption patterns and culturally rooted storytelling. Founded in June 2025, MiniPix is building a premium entertainment platform centred on short, vertical micro-dramas designed specifically for audiences in Tier-2 and Tier-3 India. MiniPix claims that it has crossed 100,000 app downloads in 6 months of product launch a...

Indian Startup News · Jan 8
Startup Funding

Indian menstrual hygiene brand Fabpad raises funding to expand distribution and market presence

Fabpad, an Indian menstrual hygiene brand, has raised an undisclosed amount in a seed funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm. The startup will use the funds to expand distribution and market presence across D2C channels, online marketplaces, quick-commerce platforms, and offline retail. Part of the fund will also go towards brand-building, customer acquisition, senior growth and operations hires and working capital to support a robust and transparent order book across consumer, institutional, and private-label channels, the release notes. Fabpad offers a comprehensive range across reusable and disposable categories and operates across consumer, institutional, and private-label segments through an asset-light, scalable model. It has supplied products at scale to NGOs, institutions, and large purchasers while simultaneously building a pan-India footprint through an asset-light operating model. Headquartered in Kolkata, the startup plans ...

Indian Startup News · Jan 8
Startup Funding

Experiential travel startup Capture A Trip secures Rs 75 lakh investment from Shark Tank India judges

Delhi-based experiential travel brand Capture A Trip (CAT) has secured an investment of Rs 75 lakh from Shark Tank India judges at a valuation of Rs 15 crore. The startup will use the funding to expand its international routes while deepening its presence in offbeat Indian destinations. Capture A Trip is an experiential travel brand curating community-led journeys across India and international destinations. The startup focuses on first-time travelers, safety and immersive experiences. In an episode of Shark Tank India Season 5, aired yesterday, Nitin Khanna (Founder & CBO) and Anurag Singal (Co-founder & CBO) presented CAT’s business model and sought an investment of Rs 75 lakhs for a 5% equity stake. The Sharks, impressed by the innovative model and Nitin's and Anurag’s entrepreneurial spirit, engaged in a bidding war. The final deal was struck at Rs 75 lakhs for 5% equity, valuing the company at Rs 15 crores. The deal was clinched with two Sharks: Kunal Bahl, Founder of Titan Cap...

Indian Startup News · Jan 8
Startup Funding

India's Competition Commission allows Netherlands-based Prosus to acquire more stake in Rapido

The Competition Commission of India (CCI) has approved Dutch investment firm Prosus’ proposal to acquire an additional equity stake in ride-hailing startup Rapido, clearing a key regulatory hurdle for a series of secondary share transactions undertaken over the past few months. The approval covers the acquisition of certain additional shareholding in Roppen Transportation Services Private Limited, which operates the Rapido platform, by MIH Investments One BV, an indirect wholly owned subsidiary of Prosus NV. MIH Investments One BV does not undertake operating activities of its own and functions primarily as a holding entity for Prosus’ investments in India, the regulator noted. The CCI clearance comes after a period of significant secondary transactions involving Rapido’s existing investors. In September 2025, Swiggy announced that it would offload its entire stake of around 12 per cent in Rapido to Prosus and WestBridge in a deal valued at about Rs 2,400 crore, or roughly USD 270 m...

Indian Startup News · Jan 7