Tag: indianstartupnews

Educational Startups

Indian Startup News on Instagram: “Edtech company Unacademy has launched a Rs 50 crore employee stock ownership plan (ESOP) buyback programme to provide liquidity to employees. Announcing the development on X, co-founder and Group CEO Gaurav Munjal said the company’s board had approved carving out a cash pool for employees even though the valuation is “significantly lower than our last fundraise”. According to him, eight employees will earn over Rs 1 crore each through the buyback. Seventeen employees will receive more than Rs 50 lakh, and 38 employees to make over Rs 10 lakh from the exercise. Notably, the company will reach out to eligible employees in the coming weeks. #uncademy #edtech #employees #startup #crorepati #indianstartupnews”

Edtech company Unacademy has launched a Rs 50 crore employee stock ownership plan (ESOP) buyback programme to provide liquidity to…

AI Tech Startups

Indian Startup News on Instagram: “AI startup Perplexity has signed a three-year agreement worth about $750 million with Microsoft to use its Azure cloud services, according to a Reuters report. Under the deal, Perplexity will run a range of AI models through Microsoft’s Foundry program, including systems from OpenAI, Anthropic and xAI, the report said. Perplexity is backed by Nvidia, whose chips are widely used to train and deploy advanced AI models. A Microsoft spokesperson told Reuters that Perplexity has chosen Microsoft Foundry as its primary AI platform for model sourcing under a new multi-year agreement. The spokesperson added that Perplexity has not shifted spending away from Amazon Web Services, the startup’s main cloud provider, as part of the Microsoft deal. #AI #perplexity #microsoft #indianstartupnews”

AI startup Perplexity has signed a three-year agreement worth about $750 million with Microsoft to use its Azure cloud services,…

Fintech Startups

Indian Startup News on Instagram: “Between January 05 and January 10, 2026, as many as 22 Indian startups from diverse sectors raised over $170 million in funding from investors. These sectors include Agritech, Fintech, OTT, Commerce, AI, Advisory, Healthcare, EV, Skincare, Proptech, D2C, and Beauty. Last week, Indian startups raised over $155 million, with Sansa Core Medical Instrumentation alone raising $72 million. #noida #gurugram #delhi #startups #indianstartupnews”

Between January 05 and January 10, 2026, as many as 22 Indian startups from diverse sectors raised over $170 million…

Sports Startups

Indian Startup News on Instagram: “Indian sportswear startup Agilitas Sports has acquired cricketer Virat Kohli’s athleisure and lifestyle brand One8 in a two-part deal, bringing the star athlete on board as an investor and shareholder. Agilitas Sports, founded by former Puma India managing director Abhishek Ganguly, will now fully own and operate One8, which was previously licensed to Puma. The move marks One8’s transition from a partnered brand to an independent label under an Indian company. Ganguly confirmed that Kohli has invested Rs 40 crore in Agilitas Sports, though the company did not disclose the equity stake he will hold. #viratkohli #one8 #puma #sportswear #madeinindia #brand #indianstartupnews”

Indian sportswear startup Agilitas Sports has acquired cricketer Virat Kohli’s athleisure and lifestyle brand One8 in a two-part deal, bringing…

Fintech Startups

Indian Startup News on Instagram: “Between December 01 and December 06, 2025, as many as 20 Indian startups from diverse sectors raised over $345 million in funding from investors. These sectors include Clothing, Proptech, Lending, EV, Deeptech, Healthcare, Sportstech, AI, Edtech, Wealthtech, and Fintech. Last week, Indian startups raised over $296 million, with Candi Solar raising $58.5 million alone. #startups #mumbai #brands #investors #indianstartupnews”

Between December 01 and December 06, 2025, as many as 20 Indian startups from diverse sectors raised over $345 million…

Fintech Startups

Indian Startup News on Instagram: “Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans, and partnering with 30 companies over 4.5 years. Co-founder and CEO Aditya Kumar shared the update on LinkedIn, expressing surprise at the closure. “As a first-mover that saw scale quickly, I did not see this coming. We had done impossible: hired incredible teams, raised high-quality capital, while convincing large consumer internet platforms and industry-leading lenders to work with us to unlock value at scale,” he wrote. Niro reached $100 million in assets under management (AUM) within 24 months of launch and saw over 170 million users flow through its platform at its peak. However, Kumar cited regulatory pushback on personal lending, capital constraints, and challenges in pivoting business models as key reasons for the shutdown. #business #shutdown #entrepreneur #lending #startups #news #bengaluru #indianstartupnews”

Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans,…