News 

Limelight Diamonds, a lab grown diamond jewellery brand, has raised Rs 275 crore in a strategic funding round led by the company’s core promoters, the Bhathwari Group, along with participation from key strategic partners from the jewellery industry. The round also saw strong participation from several of the company’s franchise partners. The brand plans to use the capital, which was raised through

Vivek Vishwakarma · 1 Jul 2026

Netradyne, an AI-powered fleet safety and performance technology company with a presence in Bengaluru, has announced a strategic partnership with Geosecure, an Australian fleet technology specialist headquartered on the Sunshine Coast. The partnership will bring Netradyne's AI-driven driver monitoring platform to Australian fleets through Geosecure's existing client network and local market expert

Sumit Vishwakarma · 1 Jul 2026

C.E. Info Systems, the company behind MapmyIndia, has appointed Rohan Verma as joint managing director for a five-year term from 1 July 2026, subject to shareholder approval. The Indian digital mapping and location technology company said Verma will focus on advancing its AI-led products and platforms across geospatial technology, the Internet of Things and other deep-tech areas. Rakesh Verma, cha

Sumit Vishwakarma · 1 Jul 2026

Dream Sports is closing Dream Money, its financial services platform, about 14 months after its official launch in May 2025. A notice dated 30 June 2026 on the Dream Money website said the platform was discontinuing business operations with immediate effect, including digital gold, mutual fund distribution, fixed deposits and lending services. The Dream Money app will remain accessible until 30 Ju

ISN Team · 1 Jul 2026

Healthcare pain management startup Heatronics has raised Rs 1.8 crore in a seed funding round led by Inflection Point Ventures, a Gurugram-based angel investment platform. The round saw participation from angel investors Nitin Agarwal (Ex-GlobalBees) and Shivam Mishra (String Ventures). The startup will use the funds to strengthen its marketing and branding initiatives, upgrade its facilities, and

Vivek Vishwakarma · 2 Jul 2026

Age Care Labs, a homegrown elder care platform, has raised Rs 85 crore ($9 million) in its Series B1 funding round. The Series B1 is part of a larger Series B round of Rs 250 crore ($30 million), expected to be launched in the first quarter of 2027. The round saw participation from Rainmatter (Zerodha), Pegasus Finvest and several other prominent family offices, alongside Shrem Group. The startup

Vivek Vishwakarma · 2 Jul 2026

Tulon Materials, an R&D-led engineering sustainable specialty chemicals firm, has raised Rs 10 crore in a seed funding round led by investor Karthik Sundar Iyer. The round also saw participation from Karan Goshar and Prakhar Pandey (Partners at Valour Capital, a venture fund investing in defence, aerospace, deeptech, and advanced manufacturing), with additional backing from angel investor Agam Sha

ISN Team · 2 Jul 2026

Indian govt has asked Meta to pause the rollout of WhatsApp’s planned username feature in the country, citing concerns that it could increase impersonation, phishing and online fraud. The Ministry of Electronics and Information Technology (MeitY) issued a notice asking Meta to provide a detailed explanation of the feature within three days. The ministry has also directed the company not to roll it

ISN Team · 2 Jul 2026

Sparrow Capital has closed its third fund at Rs 475 crore, giving the Bengaluru-based venture capital firm more capital to make larger seed-stage investments. The early-stage, sector-agnostic firm plans to back 25 to 30 startups over the next three years, with initial cheques of $1 million to $2 million. It has already made five investments from the new fund. About 60% of the corpus came from glob

Sumit Vishwakarma · 2 Jul 2026

Crib, a property management platform for co-living spaces, hostels and paying guest accommodation, has acquired rent financing company CirclePe. The acquisition will allow Crib to offer zero-deposit renting through its platform. Tenants will be able to move into properties without paying a large security deposit upfront, while operators will receive rent and deposit-linked financing in advance. Ci

ISN Team · 2 Jul 2026

Swara Baby Products, a FirstCry-backed maker of disposable hygiene products, has filed draft papers with the SEBI for an IPO worth Rs 1,000 crore. The proposed share sale will include a fresh issue of equity shares worth up to Rs 500 crore and an offer for sale of up to Rs 500 crore by existing shareholders. Brainbees Solutions, the parent company of FirstCry, plans to sell shares worth up to Rs 3

Sumit Vishwakarma · 2 Jul 2026

Battery recycling startup BatX Energies has raised Rs 105 crore, about $11 million, in a Series A funding round led by IvyCap Ventures. The round also included existing investors Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office and JITO. Founded in 2020 by Utkarsh Singh and Vikrant Singh, BatX recovers materials such as lithium, cobalt, nickel and graphite from end-of-l

Sumit Vishwakarma · 2 Jul 2026