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Subscribe to enjoy similar stories. Consumer tech companies are venturing into on-demand home services including kitchen chores, babysitting and even laundry, eyeing a share of the growing urban market for these services. Earlier this month, a new venture by former Zepto executive Snabbit raised $5.5 million from Elevation Capital, Nexus Venture Partners and other investors.

Subscribe to enjoy similar stories.Broking firm Sahi has raised about $33 million in a funding round led by venture capital firm Accel Global, more than tripling its valuation to about $200 million, the company’s top executives told Mint.Less than a year ago, it had raised funds at a valuation of $60 million.“It has come on the back of the trajectory of the business in terms of how fast we have been able to grow, but more importantly, it's the quality of the business,” said Dale Vaz, founder and chief executive, Sahi.Accel Global led the round with a $20 million investment, with the rest coming from existing investors Elevation Capital and Accel Partners India. This takes the company’s total funding to over $43 million in under 18 months of operations.Founded in December 2024 by former Swiggy chief technology officer Dale Vaz and ex-Kotak Securities executive Manish Jain, Sahi offers a chart-first interface with features like real-time Greeks, open-interest tracking, technical indicators and one-click execution.“Since launch, we’ve been able to onboard about 400,000 demat accounts.

Subscribe to enjoy similar stories.Mumbai: Tea cafe chain Chaayos, backed by investors including Tiger Global and Elevation Capital, has appointed Avendus as an advisor to raise $50-70 million in a fresh funding round, two people familiar with the matter told Mint.“The company mandated Avendus a few months ago and the deal has been formally launched. While the exact structures are yet to be decided, several private equity and growth stage funds have been tapped as part of the process,” said one of the people cited above, adding that the company plans to use the funds for expansion.The round is expected to be a mix of primary and secondary.

When Raunak Bhinge first approached institutional investors seeking funding for Infinite Uptime, the pitch was straightforward: much of India’s factory equipment was still analogue, and digitising it could help manufacturers improve output. Over time, the venture pivoted from being seen as a software startup to proving it was an artificial intelligence (AI)-backed business built on proprietary industrial data and models refined over years of deployments.“Investor due diligence has become deeper over the years as we raised funding,” said Bhinge, whose venture has raised over $60 million since inception.

Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected] venture capital (VC) funds have raised about $2.5 billion across 20 new vehicles so far in calendar 2025, outpacing the $1.6 billion secured via 16 funds in 2024 and $1.9 billion across 19 funds in 2023, according to Venture Intelligence.

Subscribe to enjoy similar stories. Snabbit, an on-demand home services provider, is in talks to raise $100 million-120 million from new and existing investors at a likely valuation of $500 million-550 million, three people with knowledge of the development said. “The company has begun talks to raise a new funding round.

Among the 20 most active VC investors analyzed, several firms, including Z47, Stellaris Venture Partners, and Nexus Venture Partners, reported no women at all within their investment teams. Peak XV Partners topped the list with the highest number of women investors, comprising 13 out of 44. Other firms like Blume Ventures (6 out of 23) and Accel India (5 out of 25) showed relatively better representation, while Lightspeed Ventures (4 out of 16) and Elevation Capital (7 out of 33) reflected the broader industry challenge where women are consistently outnumbered across major firms.

consulting sector emerged the top recruiter with 201 offers — 37.3% of total offers – at the Indian Institute of Management, Calcutta, as the business school announced the completion of its final placements for its flagship MBA programme’s Class of 2025. Overall, 456 students participated in the final placement process, securing 538 offers rolled out by 196 companies despite challenging market conditions, the institute said. Boston Consulting Group (BCG) emerged as the top recruiter in the management consulting cohort while Accenture Strategy led in the strategy consulting cohort. Other consulting firms that participated were McKinsey, Kearney, Alvarez & Marsal, Arthur D Little, Auctus Advisors, EY-Parthenon, Monitor Deloitte, TCS, KPMG, PwC, and Vector Consulting, amongst others.

on-demand home services, has raised $5.5 million in its Series A funding round.

Subscribe to enjoy similar stories. India's housing finance sector saw a tenfold jump in primary fundraising in 2024, as venture capital and private equity firms sought to diversify their portfolios with assets perceived as relatively less risky. Rising housing demand, as well as the ability of mortgage lenders to contain costs at crunch times and generate sustained returns have attracted investments, investors and industry experts said.

Venture investors tracking this space mostly talk about the under penetration of the Indian equities market and the growth of the economy as the reasons for investing in new players, despite the known headwinds. Former Swiggy chief technology officer Dale Vaz and Kotak Securities senior executive Manish Jain launched Sahi earlier this month. The company secured $7 million in equity funding from Accel and Elevation Capital.

Aye Finance, a non-banking financial company, has filed draft papers with the markets regulator Sebi to raise Rs 1,450 crore through its Initial Public Offering (IPO). The Gurugram-based company's proposed IPO is a combination of a fresh issue of shares worth Rs 885 crore and an Offer for Sale (OFS) of Rs 565 crore by corporate and individual selling shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. A91 Emerging Fund I LLP, Alpha Wave India I LP, CapitalG International LLC, CapitalG LP, LGT Capital Invest Mauritius PCC, MAJ Invest Financial Inclusion Fund, Harleen Kaur Jetley and Vikram Jetley are offloading shares in the OFS.

Subscribe to enjoy similar stories. MUMBAI : Mintifi Finserve, a supply-chain financing startup, secured $180 million in a Series E funding round on 10 December, led by Teachers’ Venture Growth, the late-stage investment arm of Ontario Teachers’ Pension Plan (OTPP), and global investor Prosus. Existing backer Premji Invest also participated in the round, which comprised both primary and secondary transactions.

ZFunds has secured Rs 25 crore in equity funding led by Elevation Capital along with participation from PB Fintech group chief executive officer (CEO) Yashish Dahiya, in its first major institutional funding round. PB Fintech operates the insurance marketplace Policybazaar and credit marketplace Paisabazaar. ZFunds was founded in 2019 by Manish Kothari and Vidhi Tuteja, who worked at Paisabazaar before starting up. Also Read: ETtech in-depth: Decoding PB Fintech’s bull run on the stock markets

Zopper has raised $25 million in a fresh round of funding led by Elevation Capital and Dharana Capital, the company said in a note today. While Elevation Capital is an active investor in the Indian fintech ecosystem, Dharana Capital has backed the likes of NoBroker, Urban Company and others. The round also saw participation from existing investor Blume Ventures. Creaegis, Bessemer Venture Partners, and ICICI Venture are the other investors of Zopper. The startup has raised $96 million in total equity infusion till now.

direct mutual fund distributors like Groww grab market share, traditional offline financial distributors are increasingly searching for their own technology stack to remain relevant and grow. Chennai-based AssetPlus and Gurugram’s ZFunds are tapping into that opportunity. They are working with these offline agents, providing them with a technology stack to help them offer the best investment advice and products to their clients. Venture funds are opening up to backing them too. According to two people in the know, ZFunds is in talks with Elevation Capital to lead a Rs 25 crore equity funding round, which will be its first institutional funding round.

Subscribe to enjoy similar stories. BENGALURU : Lightspeed Venture Partners is in advanced discussions to lead a $30 million funding round in SolarSquare, a rooftop solar startup, alongside other investors, two people familiar with the matter told Mint. The investment signals Lightspeed’s deepening interest in climate-focused ventures as demand for clean energy accelerates.

Swiggy announced the price band for its upcoming Rs 11,327.43 crore IPO as Rs 371-390 apiece. The issue comprises a fresh issue of shares amounting to Rs 4,499 crore with an offer for sale (OFS) for 17,50,87,963 equity shares. At the upper end of the price band, the OFS component stands worth Rs 6,828.43 crore.

Subscribe to enjoy similar stories. Bengaluru: Swiggy Ltd’s early backers, including Accel, Apoletto, Elevation Capital and Norwest Venture Partners, are set to reap multifold gains on their investments as the food delivery and quick-commerce platform goes public in early November, according to a Mint analysis. The price band for Swiggy has been fixed in the range of ₹371-390 per equity share with a face value of ₹1, according to a Bloomberg report.

Vridhi Home Finance has secured Rs 310 crore in equity funding from Norwest Venture Partners along with its existing investor Elevation Capital and the company’s founders. It comes after the company raised $18 million from Elevation Capital in its first institutional fundraising in October 2023. In a statement on Tuesday, Vridhi Home Finance said that it is investing in building a strong distribution network, in risk management practices and in its technology back end to create a digital home loan process.