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  • Top Beverage Startups Disrupting the Drink Industry in India

    Not too long ago, your choices for a quick drink in India were pretty predictable: cola, a packet of juice, maybe a packaged iced tea if you got lucky. That picture is changing fast. Walk through a supermarket today and you’ll see shelves stacked with cold brews, flavoured waters, protein shakes, and even mixers that feel straight out of a cocktail bar.

    Curiosity and lifestyle are the main factors that are driving this shift. Young entrepreneurs are building brands around health, nostalgia, and premium experiences, and people are responding. Whether it’s a bottle of aam panna that tastes like summer holidays, or a non-alcoholic beer that lets you join the party without creating buzz, these startups are finding smart ways to stand out.

    This isn’t just a new set of drinks on the market. It’s a new way of thinking about beverages in India. And the ten startups we’re about to explore are right at the heart of that story.

    The Rise of D2C Beverage Brands in India
    Key Growth Trends Driving the Sector
    List of the Best Beverage Startups Driving Innovation in India’s Drink Sector

    The Rise of D2C Beverage Brands in India

    The D2C beverage sector in India is on a caffeinated rise, with homegrown startups shaking up everything from iced teas and smoothies to functional herbal infusions. Unlike traditional FMCG giants that rely heavily on retail shelves, these digitally native brands are building direct relationships with consumers through their own websites, apps, and online marketplaces.

    According to recent reports, the food and beverage segment commands nearly 27% of India’s booming D2C market, making it one of the most promising categories for entrepreneurs and investors alike. The shift is fueled by health-conscious millennials and Gen Z buyers who prefer transparency, cleaner ingredients, and personalized experiences over mass-market products.

    Beverage Startup Trends
    Beverage Startup Trends
    • Natural Preference: Today’s consumers actively look for natural ingredients, low-sugar alternatives, and functional benefits like immunity boosts or gut health.
    • Global Aspiration: Many Indian beverage startups are going global with clean labels, vegan options, and sustainable practices to appeal to international markets.
    • Freshness is King: With shelf life, cold chains, and timely fulfilment being critical, tech-enabled logistics has become a backbone for scaling these businesses.
    • Digital-First Approach: The rise of e-commerce and quick commerce platforms is shifting consumer purchases from offline stores to direct-to-consumer models.
    • Product Innovation: From refined-sugar-free iced teas to frozen espresso shots and flavoured water enhancers, the product range has never been more diverse.

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    List of the Best Beverage Startups Driving Innovation in India’s Drink Sector

    Blue Tokai Coffee Roasters

    Year of Inception 2013
    Founders Matt Chitharanjan, Shivam Shahi, Namrata Asthana
    Funding Raised $72.09 Mn+
    Key Investors Verlinvest, Anicut Capital, A91 Partners, 12 Flags Group, Deepika Padukone
    Headquarters Gurugram
    Blue Tokai - Best Beverage Startups in India
    Blue Tokai – Best Beverage Startups in India

    Blue Tokai is India’s leading specialty coffee brand with 80+ cafés, four roasteries, and an outlet in Tokyo, proving strong domestic and global appeal. Backed by Verlinvest, 12 Flags Group, and Deepika Padukone, it has raised $72 Mn+ to date. With its D2C + B2B model and a fresh $35 Mn Series C round, the brand is set to expand into Tier I & II cities, making it a strong play on India’s premium café culture and scalable growth market.

    Top Coffee Startups in India: Brewing Innovation & Growth
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    Glow Glossary

    Year of Inception 2019
    Founder Pratishtha Rawat
    Funding Raised Not disclosed
    Headquarters Mumbai
    Glow Glossary - Best Beverage Startups in India
    Glow Glossary – Best Beverage Startups in India

    Glow Glossary repositions matcha as a mindful ritual, offering curated kits for holistic living. Targeting India’s growing wellness and lifestyle market, the brand represents a niche, premium opportunity for investors in the health-focused, D2C beverage segment.

    Blue Tea

    Year of Inception 2020
    Founders Nitesh Singh, Sunil Chandra Saha
    Funding Raised INR 50 lakh for 3% equity + INR 25 lakh debt (Shark Tank India S2)
    Key Investors Aman Gupta
    Headquarters Delhi
    Blue Tea - Best Beverage Startups in India
    Blue Tea – Best Beverage Startups in India

    Blue Tea brings ancient Ayurvedic flowers to modern cups, offering antioxidant-rich, caffeine-free teas from shankhpushpi and butterfly pea. For investors, it represents a unique farm-to-cup wellness beverage brand tapping into the rising demand for functional, natural, and holistic drinks in India.

    Boba Bhai

    Year of Inception 2023
    Founder Dhruv Kohli
    Funding Raised $3.35 Mn+
    Key Investors Titan Capital, Arjun Vaidya, Varun Alagh
    Headquarters Bengaluru
    Boba Bhai - Best Beverage Startups in India
    Boba Bhai – Best Beverage Startups in India

    Boba Bhai has quickly emerged as a leading bubble tea brand in India, serving over 4 lakh customers in just one year with revenues of INR 8 Cr. For investors, it offers high-growth potential through aggressive expansion plans to 150 stores by 2025, new product launches, and strong traction in the urban F&B market.

    Coolberg

    Year of Inception 2016
    Founders Pankaj Aswani, Yashika Keswani
    Funding Raised $3.5 Mn
    Key Investors RB Investments, India Quotient, Ashish Goenka, Indian Angel Network
    Headquarters Mumbai
    Coolberg - Best Beverage Startups in India
    Coolberg – Best Beverage Startups in India

    Coolberg offers a range of non-alcoholic beers and beverages, with distribution across India, Africa, the Maldives, Bhutan, and Nepal. For investors, it represents a premium, globally scalable beverage brand, strengthened by acquisition and poised for portfolio expansion in the non-alcoholic drinks segment.

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    DropKaffe

    Year of Inception 2019
    Founders Rakshit Kejriwal, Lakshmi Dasaka, Chaitanya Chitta, Amar Yashlaha
    Funding Raised $850 K
    Key Investors Fireside Ventures, Brigade Group, GrowthStory, Sidharth Pansari, Nirupa Shankar, Hitesh Oberoi, Kanwaljit Singh, Apurva Salarpuria, Manish Singhal, P39 Capital
    Headquarters Bengaluru
    DropKaffe - Best Beverage Startups in India
    DropKaffe – Best Beverage Startups in India

    DropKaffe offers ready-to-drink and fresh coffee products across 160+ locations in 19 cities, serving over 500K customers. For investors, it presents a fast-growing D2C and café brand in India’s booming coffee segment with strong urban penetration.

    FOMO Iced Tea

    Year of Inception 2022
    Founders Avik Chaudhery, Gaurang Gadia
    Funding Raised INR 35 lakh for 6% equity (Shark Tank India)
    Key Investors Aman Gupta, Anupam Mittal
    Headquarters Mumbai

    FOMO Iced Tea targets Gen-Z and health-conscious consumers with zero-refined sugar beverages, combining trendy branding with functional benefits. For investors, it’s a youth-driven brand in India’s growing low-calorie beverage market.

    CoCoFit

    Year of Inception 2020
    Founders Shashikant, Sunil Kumar
    Funding Raised INR 50 lakh for 1.67% equity (Shark Tank India)
    Key Investors Namita Thapar, Aman Gupta, Anupam Mittal
    Headquarters Bengaluru
    CoCoFit - Best Beverage Startups in India
    CoCoFit – Best Beverage Startups in India

    CoCoFit delivers farm-to-cup coconut beverages with no added sugar or preservatives, appealing to health-conscious urban consumers. For investors, it represents a premium, functional beverage brand with scalable farm-to-consumer operations.

    Skippi Pops

    Year of Inception 2020
    Founders Ravi Kabra, Anuja Kabra
    Funding Raised INR 1 crore for 15% equity (Shark Tank India)
    Key Investors All 5 Shark Tank India investors
    Headquarters Delhi
    Skippi - Best Beverage Startups in India
    Skippi – Best Beverage Startups in India

    Skippi Pops revives the traditional “chuski” with preservative-free, all-natural ice pops, scaling nostalgia into a modern FMCG opportunity. For investors, it’s India’s first all-natural frozen treat brand with proven Shark Tank backing and growth potential.

    Malaki

    Year of Inception 2021
    Founders Ashish Bhatia, Mohit Bhatia
    Funding Raised INR 50 lakh for 3% equity (Shark Tank India)
    Key Investors Aman Gupta, Peyush Bansal
    Headquarters Mumbai
    Malaki - Best Beverage Startups in India
    Malaki – Best Beverage Startups in India

    Malaki offers premium, non-alcoholic wellness beverages crafted with Himalayan ingredients and contemporary Indian flavours. For investors, it presents a luxury D2C opportunity in India’s growing artisanal and functional drinks segment.

    Conclusion

    The beverage scene in India is changing like never before. These startups aren’t just selling drinks; they are creating experiences, shaping lifestyles, and connecting with consumers in meaningful ways. From artisanal coffees and wellness teas to bubble teas and natural frozen treats, each brand reflects creativity, health focus, and a fresh approach to consumption.

    For investors, the opportunity is clear: D2C models, strong urban adoption, innovative products, and the potential to scale make this sector incredibly promising. These 10 brands show how the Indian drink industry is evolving, offering both exciting growth for entrepreneurs and smart avenues for investment.

    Fast Moving Consumer Goods (FMCG) – Business Model, Market Size & Strategies
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    StartupTalkyPratyusha Srivastava

    FAQs

    Which are the top D2C beverage startups in India?

    Some of the leading startups include Blue Tokai Coffee Roasters, Glow Glossary, Blue Tea, Boba Bhai, Coolberg, DropKaffe, FOMO Iced Tea, CoCoFit, Skippi Pops, and Malaki.

    Why are Indian consumers shifting from traditional soft drinks to D2C beverages?

    Consumers are seeking healthier, functional, and innovative alternatives such as cold brews, bubble teas, herbal infusions, and non-alcoholic beers instead of colas and packaged juices.

    Which Indian D2C beverage startup focuses on nostalgia?

    Skippi Pops is reviving the traditional “chuski” in a preservative-free, all-natural form, turning nostalgia into a scalable FMCG opportunity.

  • Digital and AI as a Guardrail for Start-Up Investors

    This article has been contributed by CA Sujatha G

    Coined by Reid Hoffman (LinkedIn’s co-founder) and Chris Yeh, blitzscaling is a high-speed growth strategy described in their book Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies. The term refers to prioritizing speed of growth over efficiency, even at the cost of higher risks and inefficiencies in the short term. With the right ingredients—huge markets, powerful network effects, and flawless execution—blitzscaling can transform ambitious startups into industry giants. But it is inherently high-risk, high-reward. Startups that attempt blitzscaling without product–market fit, governance discipline, or sufficient capital often reach a dead end, leaving behind cautionary lessons for both entrepreneurs and investors.

    History offers many such cautionary tales like Theranos and WeWork to Indian examples such as Stayzilla, TinyOwl, and Byjus.  

    Investor Requirements From Start-Ups

    Startups thrive on an ecosystem of trust — with investors, customers, employees, and vendors. When investors back a start-up, they’re betting on growth founded on trust. Transparency, therefore, is not a regulatory burden but the foundation upon which lasting investor relationships are built. The industry is strewn with examples of failed start-ups caused by a combination of blitzscaling and lack of transparency. The collapse of WeWork is an example of how absence of transparency across operations, finance, and governance can turn a promising enterprise into a cautionary tale. 

    Investors typically look at three dimensions of transparency

    • Operational Transparency: It requires start-ups to provide a clear view of their unit economics, customer acquisition costs, per customer cost, and true picture of the larger market sold to the investors. While dashboards and management information systems have been used, investors often cannot rely on the curated narratives, and must find ways to track the real time performance of the company.
    • Financial transparency:  Investors expect accounts that comply with accepted standards such as GAAP or IFRS, not creative accounting designed to obscure the truth. Traditional reporting systems obscure more insightful SLA’s like cash burn, profitability timelines, and risky liabilities.

    In contrast, in its IPO filings, WeWork offered a textbook case of financial opacity. Instead of presenting its losses plainly, the company relied on “Community Adjusted EBITDA” — a bespoke metric that excluded major expenses such as rent, sales, and marketing. This metric painted a distorted picture of profitability. Furthermore, WeWork had not adequately disclosed its massive lease obligations until those details were forced into the open by regulatory requirements during the IPO process. Once the real numbers started emerging, investor trust collapsed, and with it, WeWork’s $47 billion valuation.

    • Governance Transparency: Governance transparency addresses how decisions are made and who is accountable. It requires clarity on the balance of power between founders and boards, full disclosure of related-party transactions, and adherence to fiduciary duties, and strict adherence to statutory prohibitions called for by company law or other statutes. Independent audits and compliance reviews reinforce this transparency.

    Here too, WeWork failed dramatically. CEO Adam Neumann engaged leased out personally owned buildings to WeWork. WeWork, even paid its founder and CEO, Adam Neumann, $5.9 million for the trademark rights to the word “We” in 2019, exposing glaring governance deficiencies. Combined with his super-voting shares, which concentrated control in his hands, these actions created a situation that undermined investor faith. It provided the right climate where conflicts of interest and unrestricted founder ambitions superseded fiduciary responsibility.

    Other Examples of Governance & Transparency Failures

    The collapse of WeWork is not the only example. The landscape is filled with more such examples.

    • Lack of transparency: Stayzilla began with a bold vision to create an “Airbnb for India” by connecting travelers with unique homestays across the country. Founded in 2005, the company expanded rapidly, boasting thousands of listings across tier-2 and tier-3 cities where global players had little reach. Investors, including Matrix Partners and Nexus Venture Partners, poured in millions to fuel its growth. Yet, by 2017, Stayzilla had collapsed, its co-founder arrested in a highly publicized vendor dispute. At the heart of this downfall was not just a flawed business model but a deeper issue: a lack of transparency in operations, finances, and governance that eroded trust.

    Financial opacity played an even greater role in Stayzilla’s downfall. Despite raising over $30 million, the company struggled with unsustainable cash burn, vendor debts, and inconsistent revenue flows. Instead of openly reporting liabilities and negotiating settlements with vendors, Stayzilla delayed payments and allowed debts to accumulate. One of its vendors, Jigsaw claimed that Stayzilla owed them around Rs 1.7 crore for advertising and marketing services provided, while the company argued that many of Jigsaw’s charges were inflated,

    The dispute escalated into criminal proceedings against the founders. Had Stayzilla maintained transparent accounts and proactively disclosed its financial stress to both investors and vendors, it might have secured structured workouts or bridge funding. Instead, opacity destroyed trust and pushed partners into adversarial positions.

    Once celebrated as the world’s most valuable edtech startup, Byju’s has become a case study for how lack of governance standards can drag down unicorn startups from the stratosphere to the ground. Its collapse didn’t stem from a single failure but from layered opacity in financial disclosures, accounting practices, and fund management—revealing a culture of misreporting, delayed filings, and questionable fund transfers.

    • Questionable Accounting Practices: Business today reported in its news article in October, 2023 titled “BYJU’s to file FY22 financials after more than a year’s delay”, that the start-up had used non-standard approach to capitalization of employee-related costs. Analysts pointed out that recording 60% of employee costs as capital expenditure instead of operational expense significantly understated losses had these costs been recognized correctly, FY2021 losses would have exceeded INR 5,000 crore.

    Economic Times also reported in its article “Byju’s audited revenue may be lower than projected by edtech unicorn”in September 2022 about Byju’s adoption of the revised Indian Accounting Standard (Ind-AS 115) to change its accounting practices for revenue from multi-year streaming contracts. This change required the company to recognize revenue over the period of service, rather than upfront when the contract was signed, which resulted in a significantly lower reported income for that fiscal year. 

    Prior to the change, Byju’s recognized the entire revenue from multi-year contracts at the beginning of the contract period, even though the service would be delivered over several years. This practice inflated the company’s revenue and profits in the short term, giving the appearance of rapid growth and attracting investors

    • Opaque or Oblique Unit Metrics : TinyOwl is an example of another issue – Hiding uncomfortable financials in creative metrics. 

    TinyOwl scaled rapidly by offering heavy discounts and subsidized deliveries, but it failed to disclose its unit economics — the cost of acquiring and retaining a customer versus the revenue per order. Times of India in its article ‘Rise and Fall of TinyOwl: paraphrases the lessons that startup founder Saurab Goyal learnt’ on how their fleet of 1000 delivery boys was not needed for the market they were required to serve. Internally, the company struggled with negative margins per transaction. This financial opaqueness meant that problems were noticed too late. 

    WeWork offered a textbook case of financial opacity. Instead of presenting its losses plainly, the company relied on “Community Adjusted EBITDA” — a bespoke metric that excluded major expenses such as rent, sales, and marketing.

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    Mechanisms to Strengthen Financial Governance in Startups

    The spectacular collapse of WeWork underscored how weak governance, opaque financial reporting, and unchecked expansion can erode investor trust. Digital tools and technology-driven mechanisms can bridge the information and insight gap, create transparency, strengthen compliance, and enforce financial diligence. These technologies serve as guardrails, ensuring that enthusiasm for growth is grounded in accountability.

    • Cloud-Based Accounting and ERP Systems: One of the central failures at WeWork was the lack of transparent, standardized financial reporting. Today, cloud-based accounting platforms such as Zoho Books, QuickBooks Online, and NetSuite ERP allow investors and boards to access real-time financial statements, expense tracking, and cash-flow forecasts. An article by Pierrick Ribes in The Entrepreneur, Middle East Edition titled “Why Startups Are Investing in ERP Systems Earlier than Ever”, captures the essence of this shifting winds. The article sums up the new trajectory with this paragraph quoted from the article

    “For startups, these capabilities are game-changing. By analyzing both historical and real-time data, ERP systems allow companies to anticipate trends, forecast market shifts, and better understand customer behavior. Predictive analytics further enable startups to optimize operations by streamlining resource planning, improving demand forecasting, and even implementing proactive maintenance strategies to avoid costly disruptions. Additionally, AI-powered dashboards provide decision-makers with real-time metrics, empowering them to make faster, more informed choices that drive growth and operational efficiency.”

    Automated Investor Reporting
    Automated Investor Reporting
    • Investor Dashboards and Data Rooms: Investors now demand automated reporting dashboards integrated with a start-up’s operations. Tools like Carta, Visible, and AngelList Stack allow start-ups to maintain investor portals where performance metrics, cap tables, and compliance updates are visible in real time. For example, Peak XV Partners, formerly known as Sequoia Capital India uses its own Sequoia Surge platform, which requires portfolio start-ups to submit structured MIS reports via digital dashboards. This ensures red flags (like unsustainable burn rates) are spotted early.
    • Contract and Lease Management Systems: WeWork’s business model collapsed partly because it under-disclosed massive lease liabilities. Today, start-ups managing real estate or long-term commitments are expected to use contract management platforms (e.g., Icertis, Ironclad or Zoho Contract Lifecycle management) that track obligations digitally and link them to accounting systems. Real estate firms backed by PE funds now use AI-powered lease management software to ensure all liabilities are logged, visible, and linked to financial forecasting models.
    • AI-Powered Compliance Monitoring: Corporate governance lapses like Adam Neumann’s self-dealing would be far harder to conceal today. Governance, Risk, and Compliance (GRC) platforms such as Diligent, MetricStream, and ComplyAdvantage automatically track related-party transactions, board resolutions, and conflict-of-interest disclosures. In the financial services sector, RegTech solutions flag unusual payments or self-dealing transactions in real time, creating automatic audit trails.
    • Predictive Analytics and Scenario Planning: Investors now use financial analysis tools (e.g., Fathom, Cube, Mosaic Finance) that ingest live financial data and run stress-test scenarios, and some have added some AI modules as well. If WeWork’s liabilities and burn rate had been run through such models, the fragility of its business would have been obvious much earlier. Growth-stage funds in the U.S. mandate quarterly scenario modeling to test how start-ups would survive under downturn conditions — something WeWork never prepared for.

    Conclusion

    The collapse of WeWork and others shows that opacity in operations, finance, and governance can be fatal even for billion-dollar “unicorns.” Today, investors increasingly mandate the adoption of cloud accounting, investor dashboards, AI compliance systems, and predictive analytics to ensure startups remain transparent and accountable. While technology cannot eliminate all risk, it creates the digital guardrails that make another WeWork-style implosion far less likely.

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  • Daily Indian Funding Roundup & Key News – 11th September 2025: Eruditus Secures $150 Mn, Snap-E Cabs Raises $2.5 Mn, iPhone 17 India Launch & More

    India’s startup ecosystem and business landscape saw a mix of big-ticket funding, strategic expansions, and market-moving developments on September 11, 2025. From Eruditus securing $150 million through refinancing to Snap-E Cabs raising $25 million in a bridge round, the day highlighted continued investor interest across edtech, EV mobility, and consumer brands. Meanwhile, key business updates such as NPCI raising UPI transaction limits, Apple unveiling the iPhone 17 in India, Meesho’s Mega Blockbuster Sale announcement, and Urban Company’s IPO grey market premium surge added momentum to India’s tech and business ecosystem.

    Daily Indian Funding Roundup – 11th September 2025

    Company Amount Round Lead investor(s) Sector
    Eruditus $150 Mn Refinancing Not disclosed Edtech / Executive education
    Wehouse INR 25 Cr Funding round Anthill Ventures; others Prop-tech / Home construction
    Snap-E Cabs $2.5 Mn Bridge round IPV (Inflection Point Ventures) EV / Mobility
    Crion Tech INR 3.5 Cr Funding round SIG Tattva Semiconductor / Tech
    Biokraft INR 2 Cr Pre-seed round GVFL Biotech / Sustainability
    Ember $3.2 Mn Funding round Not disclosed (Saransh Goila joined as partner) D2C Cookware brand

    Eruditus secures $150 Mn refinancing amid edtech slowdown

    Global edtech player Eruditus has raised $150 million through refinancing as fresh funding dries up in the sector. The move provides the company liquidity support to navigate the current funding winter in edtech while continuing to scale its executive education programs in partnership with top universities worldwide.

    Wehouse raises INR 25 Cr from Anthill Ventures and others

    Hyderabad-based prop-tech startup Wehouse has secured INR 25 crore in funding from Anthill Ventures and other investors. The company, which focuses on streamlining the home construction process with technology, plans to expand operations and enhance its digital-first offerings for urban home buyers.

    Snap-E Cabs raises $2.5 Mn in bridge round led by IPV

    Electric mobility startup Snap-E Cabs has raised $2.5 million in a bridge funding round led by Inflection Point Ventures (IPV). The fresh capital will help the company expand its EV fleet, strengthen charging infrastructure, and scale operations in urban mobility markets.

    Crion Technologies raises INR 3.5 Cr led by SIG Tattva

    Crion Technologies has raised INR 3.5 crore in a funding round led by SIG Tattva. The startup, focused on semiconductor and electronics innovations, will use the funding to accelerate R&D, expand its product portfolio, and strengthen its manufacturing capabilities.

    Biokraft raises INR 2 Cr in pre-seed round from GVFL

    Biotech startup Biokraft has raised INR 2 crore in a pre-seed funding round from GVFL. The company develops sustainable and eco-friendly biotechnological solutions, and the funds will be deployed to support product development and early-stage commercialization.

    Cookware brand Ember raises $3.2 Mn; Chef Saransh Goila joins as partner

    Premium cookware brand Ember has secured $3.2 million in funding as it continues to expand its D2C presence. Popular chef Saransh Goila has also joined the company as a partner, bringing culinary expertise and brand credibility. The company aims to scale product innovation and strengthen market penetration in the cookware segment.

    Key Business News for 11th September 2025

    UPI limits raised to INR 10 lakh for high-value payments from September 15

    The National Payments Corporation of India (NPCI) is increasing UPI transaction limits starting September 15, 2025. Under the new rules, person-to-merchant (P2M) payments in select categories such as insurance, capital markets, government payments, travel, and merchant/business transactions will have per-transaction limits of up to INR 5 lakh, and a daily ceiling of INR 10 lakh in many cases. The aim is to ease large payments digitally while ensuring safety, especially for verified merchants.

    iPhone 17 launch in India: Prices, models, features, and market impact

    Apple has unveiled the iPhone 17 series in India, introducing several new models including the base model, Pro, Pro Max, and a new “Air” variant. Key highlights include storage upgrades, improved displays, and design changes. The pricing starts at ~INR 82,900 for the 256 GB base model, with Pro and Pro Max variants priced higher. Pre-orders begin September 12, with full availability from September 19. The launch is expected to drive demand for premium smartphones and also shake up prices of older models, which are seeing discounts in anticipation.

    Meesho Mega Blockbuster Sale to begin September 19 ahead of festive rush

    E-commerce platform Meesho is launching its annual Mega Blockbuster Sale starting September 19, 2025, to kick off the festive shopping season. The event will feature promotional deals and discounts across fashion, beauty, home essentials, and more. To enhance engagement, Meesho is expanding its content-commerce elements such as short video formats and livestream shopping experiences. This move is aimed to grab early shopper attention ahead of the big festival sales by larger rivals.

    Urban Company IPO sees GMP surge of ~33% ahead of subscription window

    Home services marketplace Urban Company has filed for an IPO of ~INR 1,900 crore, with a share price band of INR 98-103. Ahead of the public subscription window opening on September 10, its grey market premium (GMP) has risen sharply—around 33% above the upper price band—indicating strong investor confidence. The IPO comprises a fresh issue alongside an offer for sale by existing shareholders. The listing is expected to be closely watched as one of the few big tech-sector IPOs this year.

    Daily Indian Funding Roundup & Key News – 10th September 2025
    India’s startup and business ecosystem witnessed notable activity on 10th September 2025, with multiple funding deals across D2C skincare, UAV technology, healthcare talent mobility, legal-tech, and HR tech.
    StartupTalkyStartupTalky News

  • New UPI Limits, Pay up to ₹10 Lakh Instantly From Sep 15: From Insurance to IPOs…

    Tired of your UPI limits? Unable to shop, travel, pay credit card bills, or pay insurance via UPI? Well, good news, that won’t be a problem anymore, because the new limits are effective from 15 September 2025. According to the Government of India Press Information Bureau, about 640 million transactions are made every day. Such is the big deal with digital payments in India. Well, this substantial number is what is driving NPCI (National Payments Corporation of India, the body behind UPI) to change the limits. So, what do the new limits look like? Can you now happily transfer more than 1 lakh a day, or is that still unchanged? Learn all the new limits below.

    New UPI Limits and Why Should They Matter to You?

    Let’s say paying insurance premiums, IPO, or travel booking for your whole family or friends group that’s costing you more than 1 lakh. You couldn’t do it with the current UPI limits. The only resort was to use NEFT/RTGS/net banking, which takes time. And at times, people get fined for the delay in pay. With these new UPI limits, you will not have such problems starting September 15, 2025.

    You can make any instant, high-value payments directly from your UPI app, especially for:

    ✅ Big insurance premiums

    ✅ Large investments (stocks, IPOs, mutual funds)

    ✅ Government contracts/payments

    ✅ Costly travel bookings

    ✅ Jewellery purchases

    ✅ Credit card bills

    The New Limits (Category-Wise)

    Capital Markets & Investments (like buying shares, mutual funds, IPOs)

    • It’s ₹5 lakh per transaction.
    • And an overall daily limit of ₹ 10 lakh.

    Insurance Premium Payments

    • You can make ₹5 lakh per transaction.
    • And a ₹10 lakh daily limit.

    Government e-Marketplace (GeM – govt. procurement portal)

    • About ₹5 lakh per transaction.
    • And a ₹10 lakh daily limit.

    Travel Bookings (including flights, trains, hotels, etc.)

    • Now you can enjoy a ₹5 lakh per transaction.
    • And a comfortable ₹10 lakh daily limit.

    Credit Card Payments

    • You can pay up to ₹5 lakh per transaction using credit cards.
    • And a daily limit of ₹6 lakh.

    Jewellery Purchases

    • Pay up to ₹5 lakh per transaction.
    • And the limit ends at ₹6 lakh a day.

    Business / Merchant Transactions (like large business payments, collections)

    • ₹5 lakh per transaction
    • You can make ₹5 lakh per transaction.
    • And there’s no daily cap (meaning unlimited as long as each is ≤ ₹5 lakh).

    Foreign Exchange Retail (via BBPS – Bharat Bill Payment System)

    • ₹5 lakh per transaction.
    • And a ₹5 lakh daily limit.

    Digital Account Opening (initial funding for new accounts)

    • These account holders can go up to ₹2 lakh per transaction.
    • And ₹2 lakh as a daily limit. 

    New UPI Limits, What’s NOT Changing?

    Several are waiting for a limit of more than ₹ 1 lakh a day, but sadly, that’s not happening. Your Regular UPI payments (like P2P between two people, a friend, or a shopkeeper) will still be capped at ₹1 lakh per transaction.

    And your daily merchant payment (like online or offline shopping) will all remain unchanged. 

    Why Is NPCI Changing the UPI Limits?

    UPI is one of the fastest-growing digital payment systems in the world. NPCI reported 11 billion UPI transactions in August alone. That’s a record high number. And according to the Government of India Press Information Bureau, about 640 million transactions are made every day compared to Visa’s 639 million. To meet such a growing demand, the NPCI brought in new changes that will:

    ✅ Save time for all

    ✅ Make payments smoother and instant for everyone

    ✅ Replace old methods (NEFT, RTGS) because they take a long time to process

    ✅ Help businesses and customers handle large payments digitally

    Pankaj Tripathi, Founder and CEO of Vernost, said, “An important turning point in India’s digital financial journey has been reached with the increase of the UPI transaction limit to Rs 10 lakh for high-value transactions in sectors like capital markets and insurance. The increase demonstrates an additional level of confidence in the platform’s scale and dependability, as UPI processes over 11 billion transactions per month as of August 2025.”

  • Harshavardhan Chitale: The New Chief Executive Officer of Hero MotoCorp

    Harshavardhan Chitale is set to join Hero MotoCorp, India’s largest two-wheeler maker, as the company’s new CEO effective from January 5, 2026. The decision was finalized at a board meeting on September 8, 2025, and disclosed in regulatory filings with the National Stock Exchange and BSE. He will join after Vikram Kasbekar, who is the CEO, following the resignation of Niranjan Gupta earlier this year. Kasbekar will also continue on the board as Executive Director and Chief Technology Officer.

    Chitale is known for his skill to lead teams, drive growth, and innovate in fast-changing markets. With more than 30 years of experience across companies like Signify, Honeywell, and HCL. Chitale’s track record speaks for itself. From scaling operations across multiple countries to introducing modern strategies in legacy businesses, he brings a vision and hands-on leadership. Under his guidance, Hero MotoCorp is expected to continue its legacy of reliability while embracing the future of mobility.

    Harshavardhan Chitale – Biography

    Full Name

    Harshavardhan Chitale

    Education

    B.Tech in Electrical Engineering from IIT Delhi

    Industries Worked In

    Industrial Automation, Lighting, IT Services, Digital Transformation (B2B & B2C)

    Notable Positions Held

    – Global CEO, Signify (4B euro Professional Business)

    – Vice Chairman & MD, Philips Lighting India

    – Managing Director and CEO, HCL Infosystems

    – CEO, Honeywell Automation India

    Angel Investments

    EVs, Clean Energy, Health-tech, Agri-tech

    Harshavardhan Chitale – Early Education and Career Journey
    Harshavardhan Chitale – Global Work Exposure
    Hero MotoCorp Welcomes Harshavardhan Chitale to Lead Its Next Growth Phase
    Harshavardhan Chitale – Leadership Transition

    Harshavardhan Chitale – Early Education and Career Journey

    He holds an engineering degree from IIT Delhi, where he was honored with the Director’s Gold Medal for being the best student of his batch. Over the past three decades, he has held leadership positions across industries such as industrial automation, lighting, IT services, and digital transformation, spanning both B2B and B2C businesses on a global scale.

    Before that, he was Vice Chairman and Managing Director of Philips Lighting India, where he successfully executed the spin-off into a standalone public company and reinforced its market leadership. He has also driven impactful growth in CEO roles at HCL Infosystems and Honeywell Automation India, delivering scalable results and shareholder value.

    Beyond his corporate journey, Chitale is an active angel investor, with interests in electric vehicles, clean energy, health-tech, and agri-tech ventures. Hero MotoCorp noted that his appointment is closely aligned with the company’s strategy of accelerating its presence in premium motorcycles, electric mobility, and international markets, while pushing ahead with digital and technological transformation.

    Harshavardhan Chitale – Global Work Exposure

    Over the course of his career, Chitale has lived and worked across India, the United States, and Europe. This diverse exposure has given him a truly global perspective on leadership, innovation, and business transformation; an outlook that has shaped his ability to steer multinational corporations through complex phases of growth, restructuring, and market expansion.

    In his most recent role, Harshvardhan served as the Global CEO of Signify’s 4 billion euro Professional Business, where he led 12,000 employees across 70 countries. Under his leadership, the company also strengthened its manufacturing, supply chain, product development, and digital initiatives, while consistently introducing innovative solutions.

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    Hero MotoCorp Welcomes Harshavardhan Chitale to Lead Its Next Growth Phase

    Harshavardhan Chitale brings with him not just a history of profitable growth and large-scale transformation, but also hands-on experience in successfully integrating acquisitions to unlock long-term value and synergies.

    “Harsh’s proven ability to drive growth, nurture innovation, and lead global transformations makes him the right leader for Hero MotoCorp at this crucial juncture,” said Pawan Munjal, Executive Chairman of Hero MotoCorp.

    Munjal added that Chitale’s vision and energy will help fast-track the company’s ambitions in electric and emerging mobility, premium motorcycles, digitalisation, sustainability, and organisational renewal, setting the stage for the future of mobility. Under his leadership, the company not only doubled its profitability but also became a hub of innovation, launching more than 100 products every year, among them IoT-enabled lighting solutions.

    Harshavardhan Chitale – Leadership Transition

    Harshavardhan Chitale is widely admired for his sharp strategic vision, flawless execution, and ability to bring out the best in diverse global teams. His leadership approach, often described as ranging “from zero feet to 30,000 feet,” captures his knack for connecting with frontline employees as effectively as he does with boardroom executives.

    The company also confirmed that Acting CEO Vikram Kasbekar will work closely with Chitale to ensure a seamless transition. Expressing appreciation, the Board thanked Kasbekar for his leadership and valuable contributions during the interim period. He will continue on the Board as Executive Director and Chief Technology Officer, a role in which he has been instrumental in driving technology and innovation at Hero MotoCorp.

    FAQs

    Who is Harshavardhan Chitale?

    Harshavardhan Chitale is an accomplished business leader with over 30 years of experience across industries like industrial automation, IT services, lighting, and digital transformation. He has held CEO roles at companies like Signify, HCL Infosystems, and Honeywell Automation India.

    When will Harshavardhan Chitale join Hero MotoCorp as CEO?

    Harshavardhan Chitale will officially take charge as the new CEO of Hero MotoCorp on January 5, 2026.

    What is Harshavardhan Chitale’s educational background?

    Harshavardhan Chitale holds a B.Tech in Electrical Engineering from IIT Delhi, where he was awarded the Director’s Gold Medal for being the best student of his batch.

  • iPhone 17 Launch in India: Features, Pricing, Market Impact, and Opportunities for Startups

    Apple, led by CEO Tim Cook, has launched the iPhone 17 series in India, including the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and the slim iPhone Air. This release not only brings new technology to users but also highlights Apple’s growing focus on local manufacturing and its potential impact on startups.

    Key Features of iPhone 17

    The iPhone 17 comes with several upgrades. The camera system now includes a 200-megapixel main sensor and improved night photography. AI-powered image processing helps users capture professional-quality photos and videos directly from the phone.

    Performance is enhanced by the A22 Bionic chip, offering faster processing and better energy efficiency. Battery life has also improved, allowing longer usage without slowing down.

    On the software side, iOS 21 brings a cleaner interface, stronger privacy features, and better AR tools, which can help startups in gaming, retail, and education build new user experiences.

    Other notable features include satellite connectivity for emergency messaging in areas without network coverage and improved biometric security with Face ID and under-display Touch ID.

    iPhone 17 Pricing in India

    The iPhone 17 series is priced as follows:

    • iPhone 17 (256GB): INR 82,900
    • iPhone Air (256GB): INR 1,19,900
    • iPhone 17 Pro (256GB): INR 1,34,900
    • iPhone 17 Pro Max (256GB): INR 1,49,900

    These prices reflect Apple’s strategy to offer options for different users while maintaining premium features like 120Hz displays, 48MP cameras, and the A19 Bionic chip.

    ‘Made in India’ Manufacturing

    Apple has increased local production in India, with Foxconn and Tata managing several factories. The Devanahalli plant in Bengaluru is one of the largest iPhone production sites outside China. This step reduces reliance on China, strengthens Apple’s presence in India, and may gradually help in stabilising prices.

    Market and Industry Impact

    The iPhone 17 launch is expected to shake up the smartphone market. Competitors like Samsung, Google, and Xiaomi may need to match Apple’s AI, camera, and AR advancements. Analysts say the launch could increase Apple’s market share, particularly in the premium segment.

    The launch also sets a trend for AI and AR integration in smartphones. As consumers expect smarter devices, other brands may follow, creating opportunities for tech innovation across the industry.

    Opportunities for Startups

    The iPhone 17 series offers multiple opportunities for startups:

    • App Development: AR features and the A22 chip allow more interactive and immersive apps.
    • Accessories: Startups can innovate in cases, chargers, and other peripherals.
    • Local Manufacturing & Supply Chain: Entrepreneurs can explore component production, assembly, and logistics, aligned with Apple’s Made in India initiative.

    The iPhone 17 launch in India combines advanced technology with local manufacturing, providing premium options for consumers while opening new opportunities for startups to innovate and grow.

  • Larry Ellison Surpasses Elon Musk as World’s Richest Person After Oracle’s AI Deals

    Larry Ellison, co-founder of Oracle Corporation, briefly overtook Elon Musk to become the world’s richest person on 10 September 2025. This shift came after a sharp rise in Oracle’s stock price, driven by major AI cloud computing deals. Ellison’s net worth reached an estimated $393 billion, surpassing Musk’s $384 billion for a short period.

    Oracle’s Stock Jump and Big Deals

    Oracle shares rose around 43% after the company announced a major five-year cloud computing contract with OpenAI worth $300 billion. The deal is considered one of the largest cloud contracts in history. Oracle is also involved in the $500 billion Stargate AI infrastructure project, strengthening its position in the technology sector.

    The company’s partnerships with global tech giants like Amazon, Microsoft, and Alphabet have added investor confidence. This surge in Oracle’s stock value directly contributed to Ellison moving past Musk in the billionaire rankings, if only temporarily.

    Ellison’s Investments and Business Influence

    Beyond Oracle, Ellison’s wealth is strengthened by strategic investments in various sectors. He owns a significant stake in Tesla, a Hawaiian island, a professional sailing team, and the Indian Wells tennis tournament. In 2012, Ellison purchased 98% of the Hawaiian island of Lānaʻi for $300 million, with the remaining 2% owned by the state and individual homeowners. He has invested in transforming the island into an ultra-luxury destination.

    Ellison acquired the Indian Wells Tennis Garden and the BNP Paribas Open in 2009. His ownership has led to significant improvements in the facility, including the construction of a 16,100-seat stadium, making it one of the premier tennis venues in the world.

    His close ties to Elon Musk and former President Donald Trump have also kept him in the spotlight. Ellison previously served on Tesla’s board and supported Musk’s acquisition of Twitter (now X).

    Billionaire Rankings Are Always Changing

    By the end of trading on 10 September, Oracle’s stock settled slightly lower, bringing Ellison’s net worth closer to Musk’s. This shows how quickly billionaire rankings can change, often affected by stock performance, business deals, and market trends.

    Ellison’s brief rise to the top highlights the impact of major contracts and investments on wealth. It also reflects the volatility of the tech industry, where fortunes can shift in days or even hours.

    Final Thoughts

    Larry Ellison’s temporary position as the world’s richest person shows how business success and strategic investments can quickly alter financial standings. Both Ellison and Musk continue to lead companies that are central to technology and innovation, making their wealth closely tied to ongoing global developments.

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  • Meesho’s Mega Blockbuster Sale Set for September 19, Marks Start of Festive Shopping Calendar in India

    Meesho today announced the return of its Mega Blockbuster Sale, beginning from September 19th. The flagship sale event has become a fixture in India’s festive shopping calendar, connecting value-conscious consumers and sellers across the country. Meesho aims to deliver a wide selection and accessibility to households in India. 

    In preparation for the event, sellers on the platform are ramping up their selection and capacity to meet festive demand. Alongside this, a wide range of brands on Meesho Mall are introducing festive collections across fashion, beauty, and home essentials, offering customers a broader choice this season.

    This year, Meesho is strengthening content-driven commerce through formats like short videos and live streams, making festive shopping engaging for customers while creating new avenues for sellers and brands to reach audiences. Further, the platform is leveraging AI to enhance discovery and personalization, while also strengthening system preparedness for demanding periods.

    Festive preparations are also creating opportunities across the ecosystem, with logistics partners scaling up to meet seasonal demand. This includes onboarding additional staff, expanding storage facilities, and enhancing delivery capacity across regions. In total, Meesho’s seller and logistics network is enabling ~12 lakh seasonal job opportunities this year, with more than 70% of these being created in tier 3 and tier 4 regions. These roles span manufacturing, packaging, sorting, delivery, and other functions critical to meeting festive demand. 

    With these preparations underway, Meesho is set to usher in the festive season by bringing together customers, sellers, brands, creators, and logistics partners on a single platform, on a single platform to celebrate the festive season.

    Meesho Creates 12 Lakh Festive Jobs, 70% in Small Towns
    Meesho has generated about 12 lakh seasonal jobs ahead of the festive season, marking a 40% rise from last year. Around 5.5 lakh roles came through sellers, while 6.7 lakh were in logistics, nearly doubling from 2024.
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  • SIG Tattva Invests INR 3.5 Crore in Crion Technologies; Launches Industry-first ‘Pilot Before Pitch’ Program for Startups

    SIG Tattva, the corporate venture capital arm of Somany Impresa Group (promoter group of AGI Greenpac Limited – BSE: 500187 and Hindware Home Innovation Limited – BSE: 542905), announced an investment of INR 3.5 crore in Crion Technologies, a pioneering company developing advanced digital solutions in IoT, AI, AR/VR, and cloud technologies.

    Crion’s flagship digital twin platform, Clonos, is redefining asset management by providing real-time insights and predictive capabilities, helping enterprises drive efficiency, reduce downtime, and make smarter decisions.

    Vishnuvardhan Jayachandran, CEO of Crion Technologies, said, “We are thrilled to partner with SIG Tattva. This collaboration gives us the momentum to scale faster, accelerate product development, and take Clonos into new markets. What excites us most is working with an industry group that truly understands how transformative technologies can reshape manufacturing, utilities, and infrastructure. Together, we can unlock meaningful impact at scale.”

    Alongside the investment, SIG Tattva also launched its flagship ‘Pilot Before Pitch (PBP)’ program — an industry-first initiative designed to reshape how start-ups and enterprises collaborate. The launch brought together leading venture capital firms, start-ups, academia, and senior leaders from Somany Impresa Group for a day of open innovation. Participating VCs included Huddle Ventures, TVS Capital, Pontaq, Alteria Capital, Arali Ventures, Forge, and Nirman Venture, among others. The program featured start-up showcases, interactive discussions, and a panel with industry, VC, and academic stakeholders on how models like PBP can accelerate adoption of breakthrough solutions in real-world contexts.

    Commenting on the dual announcement, Shashvat Somany, Founder of SIG Tattva, said, “We are proud to announce our investment with Crion Technologies, a partnership that sets the tone for the kind of deep-tech ventures we want to back and scale. What excites us about Clonos is its ability to prove value quickly inside industrial operations — a critical requirement for technologies looking to scale. And with the launch of our Pilot Before Pitch program, we want to give start-ups the opportunity to validate solutions in real-world environments and then support them to scale. It’s about creating a model where industry and innovation grow hand-in-hand.”

    As part of the PBP launch, SIG Tattva hosted leading venture capital firms, incubators, and accelerators at AGI Greenpac’s Bhongir Glass Manufacturing Plant – India’s largest glass bottle manufacturing facility. The visit showcased the Group’s advanced manufacturing capabilities and demonstrated how start-ups can engage with SIG Tattva to access industry-scale environments, operational expertise, and execution pathways. Participants also explored opportunities to co-create solutions and advance open innovation through pilots in live industrial settings.

    Sriharsha Bandaluppi, Head of SIG Tattva, added, “The Pilot Before Pitch launch is an opportunity to bring the ecosystem together, with venture investors, academia, and start-ups under one roof. This collaboration highlighted the role industry can play in working alongside innovators to accelerate adoption. The visit to our Bhongir plant further reinforced this spirit, giving participants a first-hand view of the scale at which solutions can be tested and our commitment to building a truly collaborative model for India’s start-up ecosystem.”

    With PBP, SIG Tattva aims to build one of India’s most collaborative deep-tech ecosystems — where start-ups, investors, and industry co-create solutions for the future.

    About SIG Tattva

    SIG Tattva, the corporate venture capital arm of Somany Impresa Group, empowers visionary founders and transformative startups. Inspired by the Sanskrit word “Tattva” – meaning essence, principle, or fundamental truth – the platform reflects a commitment to truth, excellence, and progress.

    Focusing on early-stage ventures in deep-tech manufacturing, enterprise SaaS, clean technologies, next-generation e-commerce, and disruptive product innovations, SIG Tattva goes beyond capital to provide strategic guidance, industry access, and operational expertise. By bridging entrepreneurs with real-world industrial ecosystems, it aims to accelerate breakthrough ideas and strengthen India’s deep-tech innovation landscape.

  • Electric Mobility Company SnapE Cabs has Raised $2.5 Mn in Bridge Round led by Inflection Point Ventures

    An electric mobility company, SnapE Cabs has raised $2.5 Mn in Bridge Deck Round led by Inflection Point Ventures, one of India’s largest Angel investing platforms. The funds will be deployed towards operational overheads, leasing EV cars, and product development and enhancement. The round also saw participation from Ah Ventures, Shish Kharesiya , Praveen Chand, Jaspreet Kaur and others.

    SnapE turned EBITDA positive in January 2025 with its fleet of EV cars growing to over 1,000. This growth has been matched by the number of users, with more than 1.2 million paying users and over 1.3 million app downloads, which has led to 3.2 million rides so far. These achievements have helped the company reach ₹120 crores in gross revenue. SnapE Cabs recently expanded its presence into the Delhi market through a strategic partnership with the ride-hailing service platform – Rapido by deploying 200 Cars in the last 3 months, which has achieved profitability. 

    Mitesh Shah, co-founder IPV says, “The demand for clean and sustainable vehicles is growing globally. The ride-hailing platforms are no exception. With an increasing number of people using ride-hailing services, this sector urgently needs a greener alternative. SnapE Cabs is addressing this by not only offering EV cab services but by also building a supportive infrastructure. Its model is both environmentally friendly and financially sustainable, achieving growth without burning cash for customer acquisition, discounts, and fleet operations. The recent tie up with Rapido further strengthens the company mission for India’s EV adoption and sustainable goal.”

    SnapE Cabs is uniquely positioned in the Indian market with 100% ownership of a fully electric fleet and an exclusive hub of CPO partners. This lets them offer “EV as a Service” to make sure they have enough supply to meet demand, which is currently at a healthy 3:1 ratio. Its operating costs are 60–70% lower than those of conventional ICE (internal combustion engine) cabs, which allows them to charge competitive prices without cutting into their profits. Additionally, SnapE keeps the cost of getting new customers very low at only 0.8% of revenue, and it retains up to 90% of its riders. The company’s strategic B2B partnerships, such as the one it has with Rapido to deploy 5000 cabs PAN India in the next 2 years, gives it an advantage over existing platforms, making its EV mobility model scalable and sustainable.

    SnapE Cabs was founded by Mayank Bindal. He holds a master’s degree in finance from the University of Glasgow. Before starting SnapE Cabs, he worked in the telecom industry for more than 15 years at Steelman Telecom and now serves as the company’s Founder and CEO.

    SnapE Cabs runs about 1,112 EV cabs, up from about 500 in late 2024 with their built-in network for charging EVs. The company is currently functional in Kolkata and growing into the Delhi-NCR area.

    Mayank Bindal, Founder and CEO, SnapE Cabs says, “We’re not just expanding; we’re delivering profitability at scale. With IPV backing us in this bridge round, SnapE has already deployed 200 electric cabs in Delhi in the last 3 months, that have been profitable from Day 1. Over the next 12 months, we’re adding another 1000 cars, not to chase growth metrics, but to meet a very real supply gap left open in the market. Our focus shifts from a demand aggregation to a supply-led infrastructure model empowers other demand aggregators, enhances utilization, and de-risks margins. In a sector built on burns, recent disruptions have created visible white space and squeezed up margins; SnapE is proving that EV fleet economics work today, not just on projections. This round accelerates our mission to build the backbone that enables India’s EV mobility vision for 2030; clean, scalable, and built on fundamentals” 

    The market for electric vehicles in India is expected to be worth about $18.3 billion by 2029, with a CAGR of 28.5%. By 2030, electric vehicles (EVs) are expected to make up more than 40% of India’s $100 billion auto market. Electric ride-hailing is also growing quickly; by FY2030, EV cabs are expected to make up about 7% of the ride-hailing market. Additionally, around 57% of Indian consumers now prefer ride-hailing over personal vehicles, signaling strong future demand

    About SnapE Cabs:

    SnapE (EC Wheels India Pvt. Ltd), founded by Mayank Bindal, is an electric mobility company offering an end-to-end EV fleet and charging infrastructure platform for ride-hailing and fleet operators. It is India’s first fully integrated electric supply ecosystem (100% EV fleet + charging) for urban mobility.

    About Inflection Point Ventures:

    Inflection Point Ventures (IPV) is an angel investing platform with over 24,000+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in six startups so far, with a few deals in advanced stages of pipeline.