Entrepreneur News Network

Satvacart Shuts Down After 12 Years: What the Closure Says About India’s Evolving E-Grocery Market

Starvacart

Gurugram, August 30, 2026: Early Indian e-grocery startup Satvacart has shut down after 12 years of operations, closing a chapter that began well before quick commerce transformed the country’s online grocery market. The startup ceased operations on August 28, with founder Rahul H. Saxena confirming that the company’s team had been disbanded. The shutdown follows … Read more

Sarvam AI Raises Investment From IndiGo Ventures to Expand Enterprise AI

sarvam

India’s sovereign artificial intelligence ecosystem is gaining another high-profile corporate backer. Sarvam AI, the Bengaluru-based AI startup developing foundation models for Indian languages and enterprise applications, has secured a strategic investment from IndiGo Ventures, the corporate venture capital arm of IndiGo. The investment forms part of Sarvam AI’s ongoing Series B funding round and builds … Read more

Runable Raises $21 Million Series A to Scale Agentic AI for Small Businesses

Runable

BENGALURU, INDIA — August 26, 2026: Bengaluru-based agentic AI startup Runable has raised $21 million in Series A funding as it looks to expand its AI-powered platform for small businesses. The funding round was co-led by Susquehanna Venture Capital and Nexus Venture Partners, with participation from existing investors Together Fund and Array VC. Runable plans … Read more

Starcloud Raises $250 Million to Build Data Centers in Space as AI Compute Demand Surges

Starcloud-Founders-2026

REDMOND, Wash – Starcloud, a company developing data centers in space, has raised $250 million in a Series A extension round, valuing the company at $2.3 billion post-money. The funding round was led by Manhattan West, with participation from existing investors including Benchmark, EQT, Soma, NFX and 776. New investors joining the round include NVIDIA, … Read more

From Intel’s Cleanrooms to Kerala’s Coast: The Chip That Wants to Keep AI Off the Cloud

Jyothis Indirabhai

At 23, Jyothis Indirabhai left India for Japan to work as a design consultant for Hitachi. Two decades and several semiconductor companies later, including a nearly ten-year stint at Intel from 2005 to 2014 as a design manager and micro-architect, he made the opposite journey: back to Thiruvananthapuram, the city where he once studied electronics … Read more

The Founder Who Held a Funeral for the SIM Card—and Built a Billion-Dollar eSIM Unicorn

Ahmet Bahadir Özdemir

WhatsApp had just killed his last business. So when Ahmet Bahadir Özdemir walked into an investor pitch, he didn’t bring a deck — he brought a eulogy. That single unconventional pitch, backed by Antler, became the origin story of Airalo, now the world’s largest eSIM marketplace. The Pitch That Wasn’t a Pitch Picture a standard … Read more

Yuvraj Singh Joins Healthtech Startup UN:BLOC as Investor and Founding Team Member

Yuvraj Singh

Gurugram, India: Former Indian cricketer Yuvraj Singh has joined UN:BLOC, the new healthcare venture founded by serial entrepreneur Deepak Sahni, as an investor and a member of the company’s founding team. The partnership marks the second entrepreneurial collaboration between the two after their successful association with healthtech company Healthians. The move highlights the growing interest … Read more

Kaapi Machines Raises ₹50 Crore from Sedna HoReCa to Expand Coffee Equipment and HoReCa Solutions Business

Kaapi

Mumbai, India: Coffee equipment and services company Kaapi Machines has secured a ₹50 crore equity investment from Sedna HoReCa (Sedna), a private equity-backed B2B HoReCa solutions provider. Alongside the investment, both companies have entered into a strategic partnership aimed at accelerating growth in India’s rapidly expanding coffee and hospitality industry. The partnership is expected to … Read more

Top 10 Asian Startup Funding Rounds This Week: Onyx Security Leads with $113 Million Series B

Asia Funding this week

August 2026: Venture capital activity across Asia remained strong this week, with startups spanning cybersecurity, artificial intelligence (AI), fintech, healthcare, e-commerce, and sports technology collectively raising hundreds of millions of dollars to accelerate growth and product development. Leading this week’s funding activity was cybersecurity startup Onyx Security, which secured $113 million in a Series B … Read more

Southeast Asia’s Top Payment Startups Raise Over $2.7 Billion as Investor Confidence in Fintech Remains Strong: Tracxn

Fintech

Singapore: Southeast Asia’s payments ecosystem continues to attract strong investor confidence, with the region’s 12 most-funded active payment startups collectively raising more than $2.7 billion in equity funding, according to a new report by market intelligence platform Tracxn. The report highlights the rapid evolution of Southeast Asia’s fintech landscape, where payment companies are building solutions … Read more

Egypt’s Fincart Secures $2.8 Million Seed Funding to Scale E-Commerce Logistics Platform

Fincart

Cairo: Egypt-based e-commerce logistics startup Fincart has raised $2.8 million in an oversubscribed seed funding round to accelerate its expansion across Africa and the Middle East. The investment will support the company’s technology development, commercial growth, and strategic partnerships as demand for integrated e-commerce infrastructure continues to rise across the region. The funding round was … Read more

Omega Seiki Mobility Raises ₹50 Crore to Expand EV Manufacturing, R&D and Dealer Network

Dr. Uday Narang

New Delhi: Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 crore in a fresh funding round from a group of investors, including Securocorp Securities India, Sangeeta Pareekh, the Saket Aggarwal Family Office, and Vanshika Sharma. The company plans to utilize the capital to strengthen its manufacturing capabilities, expand research and development, and … Read more

Israeli FoodTech Startup Plantopia Raises US$9 Million to Commercialise Plant-Based Dairy Protein Technology

Plantopia

Israeli foodtech startup Plantopia has raised US$9 million in a funding round led by Schreiber Foods, one of the world’s leading dairy companies, and Siddhi Capital, a venture capital firm focused on food and agriculture innovation. The investment will help the company transition from the research and development phase to commercial-scale production as it seeks … Read more

Bioscan Research Raises $1 Million Seed Funding Led by Unicorn India Ventures to Expand Brain Injury Detection Technology

Bioscan Reserach

Mumbai-based medtech startup Bioscan Research has raised $1 million in a seed funding round led by Unicorn India Ventures, marking a significant milestone in its mission to advance non-invasive brain injury diagnostics through innovative medical technology. The newly raised capital will support the company’s expansion into new markets, strengthen its regulatory approvals, enhance its product … Read more

Skylark Labs Eyes $150 Million Funding at $1 Billion Valuation to Scale AI-Powered Defense Technology

Skylark Labs

California-based artificial intelligence startup Skylark Labs is reportedly in advanced discussions to raise between $100 million and $150 million in a new funding round that could value the company at more than $1 billion, positioning it to join the growing list of AI unicorns. The company, which develops AI-powered autonomous systems for defense, border security, … Read more

MS Dhoni Invests in SolarSquare as Rooftop Solar Startup Raises $53 Million Series C Funding

Solar Square

Former Indian cricket captain MS Dhoni has invested in residential rooftop solar startup SolarSquare through his family office, Midas Deals, as part of the company’s recently announced $53 million Series C funding round. In addition to the investment, Dhoni has also been appointed as SolarSquare’s Brand Ambassador, strengthening the company’s efforts to accelerate the adoption … Read more

Raghu Vamsi Aerospace Group Raises $40 Million to Expand Global Manufacturing and Deep-Tech Capabilities

Raghu Vamsi Aerospace

Hyderabad-based Raghu Vamsi Aerospace Group (RVAG) has secured US$40 million (approximately ₹400 crore) in a fresh funding round to accelerate its global manufacturing expansion and strengthen its presence in advanced aerospace, defence, and deep-tech technologies. The investment round was led by Norwest and Skegen Asset Management, with participation from Indus Bridge Ventures, GJNX Ventures, and … Read more

Whale Raises $40 Million in Series C Extension, Total Series C Funding Reaches $100 Million

Singapore's Whale

Singapore: Enterprise artificial intelligence (AI) company Whale has secured $40 million in a Series C extension, taking its total Series C funding to $100 million. The fresh capital will support the company’s international expansion across North America, Europe, and the Middle East, while strengthening its AI-powered enterprise operations platform. The latest funding round underscores growing … Read more

Mandrake Bio Raises ₹16 Crore in Pre-Seed Funding to Advance AI-Powered Protein Design Platform

Mandrake Bio

Bengaluru: AI-driven biotechnology startup Mandrake Bio has secured approximately ₹16 crore in a pre-seed funding round co-led by Activate and Antler, marking a significant milestone in its mission to develop next-generation programmable gene-editing technologies. The funding round also attracted participation from Spectrum Impact and DeVC, along with notable angel investors including Vijay Chandru, Paras Chopra, … Read more

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

Ather Energy

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more