From Third Wave Coffee To MATTER — Indian Startups Raised Over $210 Mn This Week

Source: inc42

From Third Wave Coffee To MATTER — Indian Startups Raised Over $210 Mn This Week

Business

Indian startups raised $210.3 million across 23 deals between August 24 and 28, a 9.8% decline from the previous week. Ecommerce and advanced hardware and technology led the funding, totaling $108.4 million, with Third Wave Coffee securing $43 million. Capital 2B and Equanimity Investments were the most active investors. Additionally, three M&A deals occurred, and several new funds were launched, including a ₹250 crore family office by Micromax.

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Groww Q2: Profit Jumps 54% YoY To ₹725 Cr, Revenue Rises 47%

Business

Groww's consolidated net profit surged 54% year-over-year to ₹724.7 Cr in Q2 FY27, as operating revenue climbed 47% to ₹1,501.5 Cr. Revenue growth outpaced expenses, boosting profitability. However, profit sequentially slipped 1.4% from the previous quarter, and revenue remained flat. This sequential decline.

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Fintech SaaS Startup RevRag.AI Nets $2.5 Mn To Build AI Relationship Managers For Lenders And Insurers

Business

"Agentic AI startup RevRag has raised $2.5 million in seed funding led by Accion Ventures to accelerate product development and expand into the US market. The company provides autonomous AI agents that serve as virtual relationship managers for financial institutions, streamlining onboarding and sales. Serving over 45 Indian clients, including PhonePe and Razorpay, RevRag claims its technology can reduce operational costs by up to 70%.".

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Cancellation may be a creator’s biggest turning point: Varun Mayya

Startups

At the TechSparks summit, AEOS CEO Varun Mayya discussed building a founder brand through courage, differentiation, and authenticity. He emphasized a "zero mindset," urging entrepreneurs to remain adaptable and ready to pivot as AI disrupts traditional business models. Mayya highlighted the importance of embracing criticism and diversifying ventures to mitigate risks, while noting that viral content success depends on mirroring audience interests and utilizing frame shifting.

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UC Hungry For Funds Again, DailyObjects’ D2C Playbook & More

Business

Urban Company's board will meet on October 16 to consider a fresh fundraise to support its loss-making InstaHelp vertical, despite holding significant cash reserves. Meanwhile, GreenCell Mobility raised $34.6 million for electric buses, and Freshworks agreed to acquire Torii for AI spend governance. Additionally, NPCI deferred UPI merchant discount rates until after.

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Justice Department says North Koreans have infiltrated dozens of U.S. companies

Startups

The U.S. Department of Justice has uncovered a scheme where North Korean hackers used American facilitators and "laptop farms" in Texas to infiltrate at least 70 U.S. companies. By using stolen identities to gain remote employment, these state-sponsored actors stole sensitive data and approximately $3 million. The FBI warns that thousands of such workers pose significant national security threats to fund North Korea's nuclear weapons program.

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Cerebras CEO pushes back on AI doomsday warnings

Startups

"Cerebras Systems CEO Andrew Feldman criticized the "AI doomer narrative" at TechCrunch Disrupt 2026, arguing that industry leaders should highlight AI's potential benefits, such as curing cancer, rather than focusing solely on existential risks. While acknowledging the need for reasonable regulation and better community engagement regarding data center buildouts, Feldman remains optimistic that hardware and model efficiency improvements will continue to drive technological progress and demand.".

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Facebook is giving users more control over their algorithm

Startups

Facebook is the latest social media platform to give users greater control over the algorithm that determines what appears in their feeds. Meta announced the launch of its new AI-powered feature, “Your Algorithm,” on Tuesday, a feature it first launched on Instagram. The new tool allows Facebook users to influence the content they see in […].

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TechCrunch Disrupt 2026: Day 1

Startups

TechCrunch Disrupt 2026 officially kicks off today. See what's in store for Day 1 (Oct. 13) at San Francisco's Moscone West. Don't miss it. Register for your pass now and meet 10,000+ tech leaders at the startup epicenter of the year.

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Amansa Investments, SBI Mutual Fund, others invest Rs 413 Cr in Tonbo Imaging ahead of IPO

Startups

Amansa Investments, SBI Mutual Fund, and HDFC Life Insurance invested over Rs 413 crore in defence electronics maker Tonbo Imaging India Ltd through secondary share transactions. This valued the company at Rs 4,000 crore, ahead of its Rs 852 crore Initial Public Offering. The IPO, an Offer For Sale, is scheduled from October 15-19.

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'I look to China as gurus': Zoho's Sridhar Vembu

Startups

Zoho's Sridhar Vembu urged India to emulate China's strategy of building and owning critical technologies, rather than solely providing software services. He argued China's investment in domestic platforms like Baidu and WeChat fostered economic value and global competitors. Vembu highlighted India's current model, where it performs significant engineering for global firms but lacks proportionate profit due to IP ownership. He stressed the need for indigenous tech development, especially as AI threatens traditional software jobs, to secure India'.

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TechSparks 2026 is here; Zetwerk targets Rs 5,012 Cr IPO

Startups

Under this year’s rallying cry, ‘The New Tech Order,’ YourStory’s 17th edition is bringing together 10,000+ visionaries, 500 speakers, 1,000 startups, and 300 investors. We aren't just discussing the future of AI, deep tech, and digital infrastructure—we're asking: who gets to build it, and how fast.

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Smart ring maker Ultrahuman to roll out biological-age model across UAE

Startups

Bengaluru-based health tech startup Ultrahuman has partnered with the Abu Dhabi Public Health Center to develop a biological-age model for the United Arab Emirates. This two-year initiative combines clinical biomarkers with wearable-agnostic data to estimate aging speeds and identify health factors. The project aims to deploy health algorithms at a national scale, allowing UAE residents to access their biological age via government digital-health platforms.

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TechCrunch Disrupt 2026 starts tomorrow: Your final chance to secure up to $100 ticket savings

Startups

Tomorrow at 8 a.m. PT, it all begins. 10,000+ founders, investors, and tech operators will gather at San Francisco’s Moscone West for TechCrunch Disrupt 2026 for three days of ideas, connections, and startups shaping what comes next. This is your last 24 hours to secure ticket savings of up to $100, and get 50% off a second.

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D2C Brand Boldfit Raises ₹400 Cr From Bharat Value Fund For Retail Expansion

Business

D2C fitness and sportswear startup Boldfit has raised ₹400 Cr in Series B funding from Bharat Value Fund. This investment will drive nationwide retail expansion, product innovation, and manufacturing capabilities within India. Boldfit also plans selective acquisitions to strengthen its market presence. This latest round brings Boldfit's total funding to over ₹510 Cr, reflecting significant investor interest in India's rapidly growing fitness and sports goods market.

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Will the HomeView be Apple’s first smart home success?

Startups

Apple will announce a new smart home hub on Tuesday called the HomeView, according to Bloomberg’s Mark Gurman. Over the past couple of years, we’ve seen There have been multiple reports that Apple was working on a new smart home product, but now it seems the product has a name and a launch date. Gurman […].

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48 hours to TechCrunch Disrupt 2026 — hear directly from the people building what’s next

Startups

In less than 48 hours, the doors open for TechCrunch Disrupt 2026 at San Francisco’s Moscone West. Save up to $100 on your ticket before prices increase at the door. Don’t forget to get a second pass at 50% off. Register now. On October 13-15, more than 10,000 founders, investors, and tech leaders will be […].

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Ecommerce firms sell goods worth Rs 24k Cr in first two days of festive sales: Redseer

Startups

India’s ecommerce platforms clocked around Rs 24,000 crore in sales in the first two days of festive season sales, with mobile phones leading by value. Redseer estimates that 6-6.5 crore shoppers participated, with fashion, electronics and appliances also seeing strong demand.

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TechSparks masterclass: Gemini, AI, and the business of building better

Startups

Rajesh Shewani of Google Cloud will lead a 'Gemini in Action' masterclass at TechSparks 2026, focusing on practical enterprise AI applications for Indian leaders. The session will explore how Gemini's features, including Voice AI, Agentic AI, and AI-powered coding, can drive revenue, cut costs, and reduce risk. It will also cover AI economics, providing a business-first roadmap for implementing scalable and economically viable AI solutions in real.

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Design, AI, impact: test your business creativity with Edition 253 of our weekly quiz!

Startups

"YourStory’s 253rd Lateral Sparks quiz highlights innovative entrepreneurial solutions across diverse sectors. It features Tech4Good initiatives in Northeast India, Brahma AI’s enterprise content management, and Gravity’s infrastructure for interior materials. Additionally, the edition explores contemporary khadi fashion through brands like Greenwear Fashion and SiMa.ai’s advancements in physical AI for drones and robots, showcasing how startups are solving real-world problems through creativity and technology.".

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3 days to TechCrunch Disrupt 2026: Meet the startups before they hit mainstream

Startups

TechCrunch Disrupt 2026 takes place October 13-15 in San Francisco. Over 300 startups will show what they’ve built to 10,000 tech leaders. Plus, 250+ speakers are ready to share insights across 200+ sessions. Register before doors open to save up to $100 and get a second pass at 50% off.

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