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BENGALURU FINTECH
MyGate closes Rs 225 crore deal with Dharana CapitalHousing society management platform MyGate has secured Rs 225 crore in a funding round led by Dharana Capital. The deal, which includes pri...- Flexi-staffing industry in India sees 8% YoY growth in new employment in 2025-26: ISF reportThe push for formal employment, strongly supported by the staffing industry, has been instrumental in bringing more workers into structured...
- Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, othersThe Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune cells are taken out, trained in a ...
- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- AMFI bars Stable Money from distributing mutual funds for six monthsFintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mutual funds until November 2026. The...
- Diversity hiring jumps 21% despite slowdown in white-collar recruitment: founditWhite-collar hiring in India saw a slowdown in May 2026. However, diversity hiring experienced a substantial surge. This trend highlights a...
- Indian VCs expand US footprint to tap AI boom earlyIndian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. ...
- Fintech WeRize raises $7 million led by Sony Innovation FundBengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The capital will bolster its AI and t...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
- Digital lenders clock strong FY26 on sturdier fundamentalsNew-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite eco...
- Piyush Goyal maps out India's bilateral roadmap with Canadian corporate chiefsUnion Minister Piyush Goyal met with prominent Canadian industry leaders in Toronto to explore investment avenues and expand bilateral econ...
- Scapia secures $63 million funding from General Catalyst, Peak XV Partners and Z47Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expa...
- Beating the Heat: India’s data centre dream and the 50°C reality in its pathIndia's digital economy is expanding rapidly. However, extreme heat is straining its data centers. Rising temperatures increase cooling nee...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Sadev Ventures appoints Ishan Kansal as cofounder and managing partnerSadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru, marking the firm's plan for a se...
- Groww promoter group sells 0.23% stake for around Rs 250-260 croreGroww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sales by early investors like Peak X...
- US-based Intuit inks Rs 915 cr office lease for over 630,000 sq ft in BengaluruFinancial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 fl...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- High-performing Gen Z employee fired for 'attitude' turns tables, rehired two weeks later at double salary after system crashA Gen Z employee was fired for 'attitude' and 'culture fit' despite meeting project deadlines. Weeks later, the company's systems failed du...
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