Startups
- STARTUPSSTARTUPS · 2 min
IDFC FIRST Bank Q4 shows deposit slowdown despite system-wide surge
IDFC FIRST Bank reported a sequential slowdown in deposit growth for the March 2026 quarter, even as the broader banking system posted an acceleration, according to livemint.com.
18 May, 07:31 pm IST - STARTUPSSTARTUPS · 2 min
Open source tool maker Grafana Labs says hackers stole its code, refuses to pay ransom
Grafana Labs disclosed on Tuesday that unknown attackers exfiltrated portions of its open-source codebase and demanded a ransom, which the company has refu…
18 May, 07:31 pm IST - STARTUPSSTARTUPS · 2 min
D2CX Converge Ahmedabad Spotlights Growth Playbooks Of India’s Emerging Consumer Brands
D2CX Converge Ahmedabad brought together 120 founders and operators from 45 emerging consumer brands on 9 May to share growth playbooks and close an undisc…
18 May, 05:32 pm IST - STARTUPSSTARTUPS · 1 min
Biotech Startup Cellogen Therapeutics Raises ₹20 Cr from Kotak Alts
Cellogen Therapeutics has closed a ₹20 crore Series A round led by Kotak Alternate Asset Managers, the biotech startup disclosed on 12 June according to in…
18 May, 05:31 pm IST - STARTUPSSTARTUPS · 1 min
SEDEMAC Q4: Profit Skyrockets 3.7X To ₹32 Cr, Revenue Up 60% YoY
Pune-based powertrain controls maker SEDEMAC Mechatronics posted a 3.7-fold jump in net profit to ₹32 crore for the March 2024 quarter, while revenue rose…
18 May, 05:31 pm IST - STARTUPSSTARTUPS · 2 min
Inside TCS’s new 5% underperformer push after job cuts
Tata Consultancy Services has instructed managers to classify 5% of its 6,14,795 employees in the lowest performance bracket, a move that could trigger fre…
18 May, 03:32 pm IST - STARTUPSSTARTUPS · 2 min
Startup news and updates: Daily roundup (May 18, 2026)
Bengaluru-based fintech startup FinEdge has raised $42 million in a Series C round led by Tiger Global and Accel India, closing the transaction on 17 May 2026 according to yourstory.com.
18 May, 03:32 pm IST - STARTUPSSTARTUPS · 2 min
Shadowfax’s Inflection Point And The Next Frontier
Shadowfax has closed a $100 million Series E round led by TPG NewQuest, valuing the Bengaluru-based third-party logistics firm at roughly $500 million, according to inc42.com.
18 May, 01:31 pm IST - STARTUPSSTARTUPS · 1 min
AI, not engineers for coding: Salesforce to spend $300 million on Anthropic tokens, CEO Marc Benioff says
Salesforce will spend $300 million on Anthropic tokens in 2026, CEO Marc Benioff disclosed on the All-In podcast Friday, according to livemint.com.
18 May, 01:31 pm IST - STARTUPSSTARTUPS · 1 min
Delhivery Slides 6% As Flat Q4 Profit Overshadows Revenue Growth
Delhivery shares fell 6% on the BSE Thursday after the logistics company reported a flat net profit of ₹12 crore for the March quarter, even as revenue gre…
18 May, 12:24 pm IST - STARTUPSSTARTUPS · 2 min
NPCI To Roll Out Unified Soundbox Infrastructure For Merchants: Report
The National Payments Corporation of India (NPCI) will deploy a single, interoperable soundbox device that can confirm payments from any UPI app, starting…
18 May, 12:24 pm IST - STARTUPSSTARTUPS · 1 min
Bharti-backed Gourmet Investments brings Olive Garden to India, bets on premium casual dining expansion
Bharti Family Office-backed Gourmet Investments Hospitality Group (GIHG) has signed a master franchise agreement to bring US casual-dining chain Olive Gard…
18 May, 10:24 am IST - STARTUPSSTARTUPS · 2 min
Meta May 20 layoff: As ‘doomsday’ nears, anxious employees stock up on free snacks, charges; apply preemptively
Meta will cut roughly 8,000 jobs—about 10% of its global workforce—starting 20 May 2026, according to a Reuters report cited by livemint.com.
18 May, 08:24 am IST - STARTUPSSTARTUPS · 2 min
D2C brands grow in Tier II cities and beyond; Tagbin’s bet on gov-tech
Tagbin Solutions has raised INR 15 crore in a pre-Series A round led by Mumbai-based investment firm Equanimity Ventures, the company disclosed to yourstory.com on Tuesday.
18 May, 08:24 am IST - FOUNDERS · UBER’S INDIA PLAYFOUNDERS · UBER’S INDIA PLAY · 3 min
Uber CEO: India top-3 market, AI to shift 1,000 Bengaluru jobs
Dara Khosrowshahi on India’s 10k-strong workforce, AI-driven role changes, and lessons from Travis Kalanick’s tenure.
18 May, 06:31 am IST - STARTUPSSTARTUPS · 2 min
Gautam Adani is overhauling his conglomerate, from Apple-style vendors to less hierarchy and more talent grooming
Gautam Adani has launched a three-year internal overhaul of the $32 billion Adani Group, personally directing a shift to Apple-style third-party vendors an…
18 May, 06:24 am IST - STARTUPSSTARTUPS · 2 min
Rapido has innovated, but we've innovated faster: Uber CEO Dara Khosrowshahi
Uber will keep pouring money into India even while posting losses, chief executive Dara Khosrowshahi told *livemint.com* on 18 May 2026, committing the com…
18 May, 06:24 am IST - STARTUPSSTARTUPS · 2 min
As IPO momentum fades, VCs embrace partial exits and M&A
Venture capital investors in India have executed $2.8 billion worth of secondary exits and M&A deals in the first four months of 2026, according to livemin…
18 May, 06:23 am IST - STARTUPSSTARTUPS · 2 min
Apple’s Siri revamp could include auto-deleting chats
Apple is preparing to roll out an over-the-air Siri update that will automatically delete user conversation logs after 24 hours, according to techcrunch.com.
18 May, 02:24 am IST - STARTUPSSTARTUPS · 2 min
Indian Startup IPO Tracker 2026
Bengaluru-based fintech Razorpay filed its draft red herring prospectus with SEBI on 15 May, outlining plans to raise INR 6,750 crore through a fresh issue…
18 May, 12:24 am IST