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Startup Ecosystem Mourns The Passing Of Accel's Akhilesh Agarwal

India, July 9 -- The Indian startup ecosystem is mourning the loss of Akhilesh Agarwal, a widely respected investor who passed away yesterday. Agarwal was part of Accel's investment team, where he fo... Read More


Pocket FM Ropes In Ex-Bank Of America Exec Abhilash Padival As CFO

India, July 7 -- Amid plans to bolster international presence, audio OTT soonicorn Pocket FM has onboarded ex-Bank of America director Abhilash Padival as its new chief financial officer (CFO). Padiv... Read More


GalaxEye Loses Connection With 'Mission Drishti' Satellite, Eyes 2 More Launches

India, July 7 -- Months after it launched its first OptoSAR satellite under 'Mission Drishti', spacetech startup GalaxEye said it lost communication with the spacecraft after an anomaly linked to a ge... Read More


Koo Cofounder Mayank Bidawatka Shuts New Startup PicSee

India, July 7 -- Within an year of its launch, Koo cofounder Mayank Bidawatka has decided to shut his AI-enabled mutual photo sharing startup, PicSee, as it failed to scale. The startup, which used t... Read More


PhonePe Insurance Arm's CEO Vishal Gupta Steps Down

India, July 6 -- In another leadership exit at IPO-bound fintech major PhonePe, PhonePe Insurance Broking Services' CEO Vishal Gupta has quit and founded a new stealth startup. Taking to LinkedIn, Gu... Read More


Paytm Subsidiary Receives Payments Licence From Luxembourg Authorities

India, July 3 -- Paytm has secured a payment institution licence for its step-down Luxembourg-based subsidiary, Paytm Europe Payments S.A. (Paytm Europe), from the Commission de Surveillance du Secteu... Read More


What's Behind H1 2026's Mega Deal Slump?

India, July 2 -- While the overall investment sentiment remained largely stable in the first half of 2026 (H1 2026), investor appetite for late stage startups remained subdued. This was particularly ... Read More


Battery Tech Startup BatX Energies Nets Rs.105 Cr To Bolster R&D

India, July 2 -- Battery recycling startup BatX Energies has raised Rs.105 Cr (over $11 Mn) in its Series A funding round led by IvyCap Ventures, along with participation from existing investors Zephy... Read More


UPI In June: Transaction Volume Declines 2% MoM To 22.72 Bn

India, July 1 -- UPI transaction volume declined 2.1% to 22.72 Bn in June from 23.20 Bn in the previous month. As per the NPCI's data, the total UPI transaction value also decreased 3.3% to Rs.28.92 L... Read More


D2C's New Media Playbook

India, June 30 -- Everybody wants to own the media, and the country's fastest-growing new-age consumer brands are no exception. Faced with rising customer acquisition costs, ad fatigue and diminishin... Read More