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BESSEMER REPORT
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
Retail investors’ bond rush; Rapido’s angels exitHappy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts. This and more in today’s ETtech ...
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
AI startups don't enjoy SaaS-era margins: Here’s what Kalaari Capital's Harshit Kumar says founders should do insteadAI-native startups face lower gross margins than traditional SaaS due to rising inference and review costs, according to Harshit Kumar of K...
Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
Fintech funding holds at $513 million in Q1 2026, even as deal count collapses 54%: ReportIndia's fintech sector saw $513 million in funding in the first quarter of 2026. Capital is now going to fewer companies, with larger inves...
Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
Senior IT executives join AI party as startup foundersSenior Indian IT executives are launching their own AI startups, leveraging years of client contacts and enterprise knowledge to offer cost...
Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.
Boat cofounder Aman Gupta's Offbeat Studios raises Rs 100 crore led by Bessemer Venture PartnersAman Gupta has raised Rs 100 crore in seed funding for his new venture, Offbeat Studios, led by Bessemer Venture Partners. While details ab...
Autonomous shipmaker Saronic valued at $9.25 billion in latest funding roundThe defense company has drawn big-name investors as governments ramp up spending and seek to secure supply chains and maritime trade rout...
Bessemer Venture Partners sees $1 trillion digital opportunity in India; eyes quick commerce, D2C boom: reportAccording to a report titled ‘Click, Watch, Shop: The Indian Consumer Opportunity,’ the upcoming wave of value creation in India’s consumer...
Nearly 92% of Indian SaaS cos adopted AI in 12 months: BessemerAI adoption by SaaS platforms helps make software more intuitive, adaptive, and capable of automating complex tasks. The report titled ‘The...
Perfios raises Rs 520 crore from Warburg Pincus, BessemerThe proceeds of the funding will be used for financing the acquisition of other companies, capital expenditure, and working capital require...