Entrepreneur News Network

Scapia raises $63 million in round led by General Catalyst

Harper

India-based travel fintech startup Scapia has raised US$63 million in a fresh funding round led by General Catalyst, as competition intensifies in India’s rapidly growing travel and digital payments ecosystem. Existing investors Peak XV Partners and Z47 also participated in the funding round. Funding to Support Expansion Across Travel and Financial Services The company said … Read more

Rapido Raises $240 Million Led by Prosus, Valuation Climbs to $3 Billion

Rapido

Indian mobility platform Rapido has raised $240 million in a fresh funding round led by Prosus, with participation from existing investors including WestBridge Capital and Accel. The investment is part of a broader $730 million transaction that includes both primary capital infusion and secondary share sales by existing shareholders. Following the latest round, Rapido’s valuation … Read more

SpiceJet starts layoffs, 500 employees impacted

Spicejet

  ENN Entrepreneur News Network Aviation · India Breaking Business SpiceJet Begins Cutting Jobs as Fleet Shrinks to 13 Planes and Financial Pressure Deepens Over 500 employees face layoffs, forced furloughs and unpaid leave in the first phase of workforce cuts as the budget carrier battles a cash crunch, salary delays stretching to three months, … Read more

WanderOn Raises ₹54 Crore Series A Funding to Redefine Experiential Travel for India’s Millennials and Gen Z

WanderOn Founder

Gurugram, India | January 2026: Experiential travel and adventure brand WanderOn has raised ₹54 crore ($6.5 million) in a Series A funding round co-led by DSG Consumer Partners and CAAF. The fresh capital will be used to expand its destination portfolio, strengthen adventure, sports-led, and wellness travel categories, and invest in travel technology to create … Read more

Spacetech startup Ethereal Exploration Guild raises $20.5 Mn in Series A round

Spacetech startup Ethereal

Bengaluru, India – January 2026: Indian space-tech company Ethereal Exploration Guild (EtherealX) has raised $20.5 million in a Series A funding round co-led by TDK Ventures and BIG Capital, with participation from Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, and Riceberg Ventures. The fresh funding follows EtherealX’s $5 million seed round in August … Read more

Carrum Raises Series A Funding from Uber to Expand Green Mobility Fleet Across India

Carrum

Gurugram, January 13, 2026 — Carrum, a CarDekho Group-backed fleet management and B2B mobility startup, has raised an undisclosed amount in Series A funding from Uber, marking a major milestone in its journey toward building a sustainable and technology-driven mobility ecosystem in India. The company said the new capital will be used to expand its … Read more