India’s startup ecosystem witnessed one of its strongest funding weeks of 2026, with 20 startups raising nearly $1.11 billion across 19 disclosed funding rounds between 21 June and 27 June 2026. The week was marked by a major investment from Meta into CRED, the emergence of a new unicorn, several high-profile executive appointments, acquisitions, and … Read more
India’s startup ecosystem posted a strong week of fundraising activity, with 23 startups collectively raising close to $432 million across 21 publicly disclosed deals. The week’s funding mix included 7 growth-stage rounds and 14 early-stage rounds, while two startups chose not to reveal their deal terms. Beyond the capital raised, the week was also marked … Read more
Sumit Jain has resigned from his role as cofounder and CEO of the test-prep business at Unacademy ahead of the company’s proposed merger with upGrad, founded by Ronnie Screwvala. The leadership transition comes as Unacademy and upGrad have already filed for merger approval with the Competition Commission of India (CCI). Sumit Jain to Continue as … Read more
