Category: Startups
Accel, Prosus team up for early-stage investments in India
Dutch technology investor Prosus and US-based venture capital firm Accel have entered into a partnership to co-invest in early-stage Indian startups across areas such as…
Lenskart turns around, posts net profit of Rs 62 crore in Q1 FY26
IPO-bound eyewear retailer Lenskart posted a net profit of Rs 62 crore during the April-June quarter of 2025, compared to a loss of Rs 11…
Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation
With an expected IPO valuation of Rs 70,000 crore (around $8 billion), Lenskart’s investors have reason to see the world through rose-tinted glasses. The eyewear…
Lenskart to launch IPO on October 31; files RHP
Eyewear retailer Lenskart has filed the red herring prospectus for its initial public offering (IPO), which will be launched on October 31. The IPO, which…
Corporates cool on deeptech investments due to longer time to market
Indian corporate investors appear to be losing their appetite for deeptech startups, with their participation in funding rounds dropping to a five-year low, in a…
OpenAI backs a new venture trying to thwart AI bio attacks
It’s a nightmare scenario: A terrorist without much training uses an artificial intelligence program to engineer a supervirus combining the incubation period of HIV, the…
Haryana govt, SVCL sign Rs 100 crore agreement for Atmanirbhar Startup Venture Fund
Haryana Industries and Commerce Department and SIDBI Venture Capital Ltd. (SVCL) on Friday signed a contribution agreement (CA) for capital commitment of Rs 100 crore…
ETtech Deals Digest: Startups raise $505 million this week, up 83% on-year
Startups raised around $504.6 million between October 18 and 24, an 83.3% increase from the $275.3 million raised during the same period last year, driven…
VCs moving into deeptech as India’s startup space matures: Zerodha’s Nithin Kamath
Venture capital (VC) firms in India are now focussing on startups offering “more challenging, complex” solutions as the entrepreneurial ecosystem in the country matures, Zerodha…
IPO-bound Lenskart bags Rs 90 crore from DMart’s Radhakishan Damani
Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public…