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Instafix and Nivasa lead India funding surge while Groww backers cash out ₹5,326 crore post lock in
Business
Published on 13 May 2026
Groww lock in ends and backers dump billions
Early stage deals dominated India’s startup news on 13 May 2026. Instafix raised ₹7.55 crore pre-seed for rapid smartphone repairs. Nivasa Finance secured ₹25 crore seed to expand affordable housing lending. In public market spillover, Groww’s lock in expiry triggered block deals worth ₹5,326 crore, while Jio Platforms named Akash Ambani MD ahead of its IPO.
- Instafix collects ₹7.55 crore to expand fast doorstep repairs
- Nivasa Finance raises ₹25 crore seed for affordable housing distribution
- Groww lock in expiry sparks ₹5,326 crore block deals
- Jio Platforms appoints Akash Ambani ahead of IPO plans
Read the full story at Startup Talky
This summarization was done by Beige for a story published on 
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