Koo Co-Founder Shuts Down Second Startup PicSee, Returns Capital To Investors
Mayank Bidawatka is winding down his AI photo-sharing app less than a year after launch, choosing to return investor money rather than pivot again.
Asiya Nayab
Asiya Nayab is Senior Editor at LAFFAZ, covering startups, technology, and business developments across India and MENA. She holds a Bachelor of Arts from the University of Delhi. Her reporting spans funding rounds, emerging companies, employment trends, and women-led startups, with a particular eye for ventures that deserve wider attention. She also oversees editorial quality across the newsroom.
Limelight Diamonds Raises ₹275 Crore From Promoter Group
The lab-grown diamond jewellery brand will use the strategic round to expand manufacturing and push retail count past 200 stores by 2027.
When the US Pulled the Plug on Fable 5, India Got the Wake-Up Call It Had Been Ignoring
Anthropic killed access to its most advanced AI models for every non-American on the planet. Two weeks later, the ban is still live, the real reason has changed the story entirely, and India's policymakers are now being asked to respond by name.
Opendoor Shuts India Operations, Fires 250 Employees in AI-Led Overhaul
The San Francisco-based home-buying platform wound down its entire India workforce on June 11, framing the move as the final step of an "Opendoor 2.0" restructuring — and setting off a wider debate about AI replacing offshore operations.
Flo Mobility Raises $2.5 Mn to Put Autonomous Robots on India’s Construction Sites
With 60-plus robots already deployed across L&T, Godrej, and Sobha project sites — and a 45% cost saving claim — the Bengaluru startup is taking construction automation to a sector that has resisted it for decades.
Bombay Banta Raises ₹8 Crore Pre-Series A Led by DSG Consumer Partners
The Haryana-based desi beverage brand, stocked on Blinkit, Zepto, and Swiggy Instamart, is valued at ₹80 crore post the round.
Skyroot Hits $1.1 Billion and Sets Its Sights on the US and Europe
India's first spacetech unicorn is already at the Sriharikota launchpad with Vikram-1 — and its co-founder says 70 to 80 percent of the business will come from overseas, targeting customers that global launch providers can't serve fast enough.
BigEndian Semiconductors Raises $6 Mn to Commercialise India’s First Homegrown SoC
The Bengaluru fabless chip startup — which completed tape-out of its first commercial chip — has raised $6 million to move from test silicon to production-ready SoCs for surveillance, telecom, and IoT markets.
Mumbai’s Ubiqedge Raises ₹10 Cr Seed Round Led by Piper Serica for AIoT OS
India's industrial infrastructure runs on fragmented, mostly manual systems. Ubiqedge built the hardware and software stack to fix that from scratch — and Piper Serica just led its first institutional round.
CHOSEN Raises $5 Million in Series A Led by Fireside Ventures, with Participation from L’Oréal
The Chennai-based dermo-cosmetic brand, founded by cosmetic dermatologist Dr Renita Rajan, has built a clinic-to-consumer model grounded in over 150,000 dermatologist consultations — and is now eyeing Latin America and East Asia.
boAt Co-Founder Aman Gupta Moves Delhi High Court to Protect His Personality Rights
The Shark Tank India judge filed suit against unnamed defendants — joining a wave of Indian public figures seeking court protection from AI-generated impersonation.
Bengaluru’s Ctruh Raises $2.5M Seed to Build Browser-Native 3D and XR Infrastructure
The round was led by Inflection Point Ventures and joins a growing wave of Indian deep-tech bets on spatial computing — a category the global XR market projects to exceed $346 billion in 2026.