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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”
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…

February 27, 2026
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 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,…

January 31, 2026
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”
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…

January 11, 2026
How Meta’s $2 billion acquisition of Manus is impacting the AI landscape
AI Tech Startups

How Meta’s $2 billion acquisition of Manus is impacting the AI landscape

In a year defined by companies pouring shocking sums of money into AI, one more deal squeaked in just before 2026.…

January 3, 2026
Meta to buy Chinese startup Manus to boost advanced AI
AI Tech Startups

Meta to buy Chinese startup Manus to boost advanced AI

Meta said on Monday it will acquire Chinese artificial intelligence startup Manus as the technology giant accelerates efforts to integrate…

December 30, 2025
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”
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…

December 8, 2025
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”
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…

December 7, 2025
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 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,…

October 8, 2025
Learning startup Seekho raises $28 million in a funding round led by Bessemer Venture Partners – The Economic Times
Educational Startups

Learning startup Seekho raises $28 million in a funding round led by Bessemer Venture Partners – The Economic Times

Short form learning startup Seekho has raised $28 million in a funding round led by Silicon Valley venture capital firm…

September 3, 2025

FinTech Startups Update

More...
Articles by Ekaterina Volivach | Startups Magazine
Fintech Startups

Articles by Ekaterina Volivach | Startups Magazine

March 9, 2026
South African anti-fraud startup Orca raises $2.35M seed round to enhance emerging market payment
Fintech Startups

South African anti-fraud startup, Orca raises $2.35M to enhance fraud detection – Technext

March 9, 2026
Orca Fraud Secures $2.35M Seed Funding to Scale Real-Time Fraud Detection Across Emerging Markets
Fintech Startups

Orca Fraud Secures $2.35M Seed Funding to Scale Real-Time Fraud Detection Across Emerging Markets

March 9, 2026
MENA startup funding drops to $326.6m in February as investment pace slows
Fintech Startups

MENA startup funding drops to $326.6m in February as investment pace slows

March 9, 2026

EdTech Startups Update

More...
Educational Startups

Galgotias University Student Keshav Madan builds AI-powered Automation Startup Saivyy Technologies – The Wire

[ad_1] Greater Noida, Uttar Pradesh, India (NewsVoir) Galgotias University is proud to announce another student achievement in its culture of…

March 9, 2026
'Fertile ground': How an OSU professor built one of Oregon's most valuable startups - Philomath News
Educational Startups

‘Fertile ground’: How an OSU professor built one of Oregon’s most valuable startups – Philomath News

March 8, 2026
AWS spotlights 50 early-stage startups shaping the future of education technology through the GSV Cup | Amazon Web Services
Educational Startups

AWS spotlights 50 early-stage startups shaping the future of education technology through the GSV Cup | Amazon Web Services

March 6, 2026
The new opportunity for edtech startups: building AI-native tools for educators
Educational Startups

The new opportunity for edtech startups: building AI-native tools for educators | Startups Magazine

March 6, 2026

Recent News

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  • Orca Fraud Secures $2.35M Seed Funding to Scale Real-Time Fraud Detection Across Emerging Markets
  • TruDoc secures $15 million to expand virtual-first healthcare across GCC – CNBC TV18

Sport Startups Update

Sports Startups

South Florida padel startup scores $9 million in 1st raise – The Business Journals

March 9, 2026
Sports Startups

Startup Scorability wants to revolutionize college sports recruiting as NIL takes off – MSN

March 7, 2026
Sports Startups

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Sports Startups

Startup Scorability wants to revolutionize college sports recruiting as NIL takes off – MSN

March 6, 2026
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Sports Startups

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High-tech player in collectibles: Startup uses robotics and AI to sort, analyze and sell trading cards – GeekWire

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AI Tech Startups

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March 9, 2026

Nscale secures €1.7 billion Series C to build global AI compute infrastructure – BeBeez International

March 9, 2026
AI Tech Startups

ŌURA acquires Helsinki-based gesture-tech startup Doublepoint to expand wearable AI capabilities – BeBeez International

March 9, 2026
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