
Anandamoy Roychowdhary Exits Peak XV Partners Amid Strategic Shifts
In a significant leadership shift, Anandamoy Roychowdhary, Partner at Peak XV Partners, has announced his resignation, effective November 30, 2024, after an 11-year tenure.
155 stories · Latest startup news, funding updates, founder stories, growth strategies, and innovation trends from India’s startup ecosystem and beyond.

In a significant leadership shift, Anandamoy Roychowdhary, Partner at Peak XV Partners, has announced his resignation, effective November 30, 2024, after an 11-year tenure.

3 crore in Mobisy Technologies. This move highlights its strategic push toward expanding SaaS (Software as a Service) solutions for businesses.

India’s largest two-wheeler manufacturer, Hero MotoCorp, has launched the ‘Hero For Startups’ accelerator program, designed to foster technological innovation and sustainability in the mobility sector.

StockGro, a Bengaluru-based fintech platform founded by Ajay Lakhotia, has demonstrated its dedication to employee growth and satisfaction through two significant Employee Stock Option Plan (ESOP) buyouts in the last two years.

Awfis Space Solutions started as a disruptor in India’s real estate market, aiming to address the growing need for flexible workspaces.

Solarworld Energy Solutions has secured ₹110 crore through a pre-IPO placement, attracting key investors like ValueQuest Investment Advisors.

9 million). The funds aim to help the company double its coworking centers and bolster its presence in the managed office space, an industry poised for exponential growth due to hybrid work models.

5 million) in equity funding from leading investors Better Tomorrow Ventures, Peak XV Partners, and Z47. 4 billion. The funding comes as a significant milestone for OneCard, which achieved unicorn status in 2022.

8i Ventures, a leading venture capital firm, has unveiled the second phase of its Origami program, committing $10 million to support 5-6 high-potential pre-seed startups.

After over 20 years in matrimony services, Matrimony.com has entered the domestic job market with ManyJobs.com, India’s first dedicated grey-collar job portal. The platform, announced by CEO…

The Government of India has introduced amendments to the Foreign Exchange Management Regulations, 2024, simplifying processes for startups to operate globally.

Inflection Point Ventures (IPV) has led a $250,000 seed funding round in Mushin Innovative Labs, a SaaS startup founded in 2019 by Rachit Srivastava and Aman Batra.

Lendingtech startup SarvaGram has successfully closed its Series D funding round, raising INR 565 crore (around $67 million), led by Peak XV Partners.

5 crore in a funding round led by IIM Udaipur Incubation Centre. Investors such as Aevitas Capital and Shift Alt Cap also participated in this round.

In an impressive move, Wardwizard Foods and Beverages Limited has successfully made a mark in the global frozen food industry.

co, a prominent Coimbatore-based SaaS company specializing in enterprise software, has announced the acquisition of Floik, a Bengaluru-based platform known for creating interactive product demos and user guides.

0, with significant impact across India. This five-day residential program united aspiring founders from over ten states, including locations as diverse as Motihari in Bihar and Kochi in Kerala.

BlueGreen Ventures, a newly established venture capital firm founded by ex-Orios Venture Partners leaders Rajeev Suri and Anup Jain, has launched its first fund, aiming for $75 million, with a green shoe option.

83 crore equity shares at a price of INR 273 each. 86 lakh shares, showing a significant commitment to BlackBuck’s growth trajectory.

Alternative MBA provider Stoa, launched in 2020 by founders Aditya Kulkarni, Raj Kunkolienkar, and Manoj Kambadur, has announced its closure after four years.

Lightspeed-backed Bhanzu, a math learning platform founded by world-renowned “human calculator” Neelakantha Bhanu Prakash, is in advanced discussions to raise Rs 130-140 crore (around $16-$17 million) from Epiq Capital and Z3Partners.

In a boost for AI-driven innovation in the travel industry, 30 Sundays, an AI-first travel startup, has secured $770,000 in pre-seed funding led by Infoedge Ventures.

7 crore) in C2i Semiconductors, a rising chip design startup. The funding aims to propel C2i Semiconductors’ growth as it explores new innovations in the fast-evolving semiconductor industry.

Health-tech platform Viraa Care, dedicated to revolutionizing infant and pediatric nutrition, has successfully closed a pre-seed funding round with an additional $108,000 investment from European angel investors.