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Posts by TechScoop India

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India's tech patent growth faces funding challenges: Patent filings reached a record 1.43 lakh in FY26, marking a 30% increase, but granted patents fell by 36%, highlighting a gap between applications and approvals. Systemic issues and administrative hurdles are contributing to the decline.

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EaseMyTrip Crisis: India's Travel Giant Loses Investor Confidence EaseMyTrip crisis: India's top travel platform loses 99% mutual fund backing. Explore why growth stalled and what it reveals about competing on price alone.

EaseMyTrip Crisis: India's Travel Giant Loses Investor Confidence
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2 days ago 1 0 0 0
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Adani overtakes Ambani to become Asia's richest person with a net worth of $92.6 billion, surpassing Mukesh Ambani's $90.8 billion. This development underscores India's economic landscape and highlights burgeoning sectors driving growth.

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"IndiGo invests Rs 10 crore in Sarla Aviation, an air-taxi startup backed by Accel, to support domestic innovation and capitalize on growing demand for urban mobility solutions."

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DPDPA takes effect: Startups face significant compliance burden amid India's first comprehensive data protection legislation. Many may not be fully prepared to tackle transparency and data principal rights requirements.

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Mutual Funds dump EaseMyTrip Holdings, with stake plummeting over 99% in March quarter amid company's declining stock performance and net loss. Foreign Portfolio Investors increase their stake as prominent investors like LIC maintain their positions.

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TraqCheck secures $8M funding in fintech expansion, led by IvyCap Ventures. The startup offers an AI-driven platform for employee background checks and develops AI agents for talent acquisition.

5 days ago 2 0 0 0
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Euler Motors founder's stake falls to single digits after fresh $47m funding round led by Lightrock, diluting stake to below 4%. Founder Saurav Kumar faces challenges maintaining control during rapid growth phase.

5 days ago 1 0 1 0
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Agrizy appoints Markish Arun as new CTO and cofounder, replacing him with strong tech leadership to strengthen agritech capabilities and fuel growth following $9.8 million Series A funding round.

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NODWIN adds Manish Agarwal, former Nazara CEO, to its board as a non-executive director ahead of IPO, bringing valuable expertise in navigating public listings and strengthening governance and strategic oversight.

6 days ago 1 0 0 0
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Leegality crosses Rs 80 Cr revenue in FY25, profit jumps over 2X. Company's digital documentation and e-signature platform saw 30.3% year-on-year growth, with profits doubling to Rs 3.7 crore.

6 days ago 0 0 0 0
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FinBoost, a fintech startup, secures $10M in its latest funding round. This significant injection of capital will fuel FinBoost's growth and expansion plans.

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Cashfree Payments appoints Sameer Gandhi, former finance head at Visa, as new CFO. This strategic move aims to enhance financial operations and drive profitability amid challenging times.

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OG Capital invests in AI-focused education startup Dreamtime Learning, which offers personalized learning experiences and competency-based progression, addressing the need for skills like adaptability and problem-solving in an AI-driven job market.

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Fintech startup KreditBee reaches unicorn status in lending, valued at $1.5 billion after raising $280 million in Series E funding. This development is significant amidst a challenging funding environment, with a 26% year-on-year decline in startup funding in Q1 2026.

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New-Age Tech stocks gain $10 Bn this week amid broader market rally, adding to their cumulative value of $129.09 Bn. The surge is attributed to a temporary ceasefire in West Asia and RBI's decision to maintain repo rate at 5.25%.

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Zaggle's shares surge 19.2% on Bombay Stock Exchange to ₹223, closing 16% higher at ₹217.1, following strong FY27 growth projections, forecasting a standalone revenue increase of 25-30%.

2 weeks ago 0 0 0 0
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Bachatt secures $12M Series A funding led by Accel, with participation from Lightspeed and Info Edge Ventures. The funding will scale its savings solutions and introduce new AI-driven wealth and credit products for merchants and the self-employed.

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RentoMojo files DRHP with SEBI, marking its intent to become India's first furniture rental company to go public. The proposed IPO will involve a fresh issue of shares worth up to ₹150 crore and an offer for sale of up to 2.84 crore shares.

2 weeks ago 0 0 0 0
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BigBasket Faces Rising Costs in India’s Convenience Market
India's convenience economy becomes costly for consumers as platform fees and surcharges rise across apps like Zomato and Swiggy, generating ₹6,000-8,000 crore annually through these fees.

2 weeks ago 0 0 0 0
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Kuku FM onboards MS Dhoni as investor and brand ambassador for microdrama app Kuku TV. This development highlights the intersection of sports, entertainment, and technology in India's startup ecosystem.

3 weeks ago 5 0 1 0
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Fino Payments Bank's MD and CEO Rishi Gupta arrested by Directorate General of GST Intelligence (DGGI) amid alleged ₹840 crore GST evasion. Shares plummet from ₹260 to ₹112.1, raising concerns over bank's governance and operational integrity.

3 weeks ago 2 0 1 0
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NVIDIA's NeMoClaw launch intensifies agentic AI platform war, marking shift from hardware to software control. This strategic pivot sees tech giants competing in AI operating system landscape.

3 weeks ago 1 0 0 0
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Meesho launches Vaani, a GenAI-powered voice shopping assistant, aiming to simplify ecommerce for India's tier II markets by introducing a conversational interface. This move could potentially expand the addressable market for ecommerce in India.

3 weeks ago 1 0 0 0
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"Zomato secures new funding amid Indian startup deals: Funding and acquisitions in Indian startups this week reached $286.52 million, with 30 startups raising capital, led by growth-stage deals."

3 weeks ago 5 0 1 1
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"Euler Motors secures $73.6 million in Series E round, while Rocketlane raises $60 million in Series C round, as Indian startups raise a total of $343 million this week."

3 weeks ago 2 0 0 0
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Vetic Reports FY25 Revenue of Rs 63 Cr, Loss of Rs 66 Cr
Pet care startup Vetic reports Rs 63 crore revenue and Rs 66 crore loss in FY25, with revenue growth at 2.5X year-on-year despite increasing losses due to scaling challenges.

3 weeks ago 3 0 1 0
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Artificial intelligence spending reaches $2.52 trillion by 2026, up 44% year over year, with infrastructure adding $401 billion. Despite concerns, big tech and startups continue to invest, but warning signs of unsustainable economics are emerging.

3 weeks ago 4 0 0 1
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Pentathlon Ventures closes Rs 255 crore Fund II to boost B2B tech startups. The fund will invest in 16-20 seed-stage startups, focusing on enterprise AI, fintech, healthtech, and more

3 weeks ago 3 0 0 0
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BeastLife Secures ₹20 Cr Funding from GVFL, Equentis: Direct-to-consumer (D2C) nutrition brand BeastLife raises ₹20 crore in pre-Series A funding round led by GVFL and Equentis, valuing company at ₹320 crore.

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