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Oolka raises Rs 130 Cr Series A led by Accel as agentic AI credit grows fast

Oolka raises Rs 130 Cr Series A led by Accel as agentic AI credit grows fast

Credit management startup Oolka has secured a Rs 130 crore Series A round led by Accel India, with follow-on investment from Lightspeed and Z47. In a regulatory filing, the company approved equity and CCPS allotments at extremely high per-share premiums. The raise comes after a $7 million round earlier this year, with Oolka citing rapid user adoption, over Rs 100 crore processed in repayments, and nearly $1 million in annual recurring revenue.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Indian unicorns surge but C suite remains a men’s club for top roles

Indian unicorns surge but C suite remains a men’s club for top roles

A new report finds a stark gender gap in India’s unicorn leadership: women occupy only about 10% of C-suite roles. The underrepresentation is especially sharp in tech and strategic functions, where women are far less likely to become CEOs, CTOs, or CIOs. Even as women lead strongly in HR, systemic barriers still limit advancement and acceptance in top positions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Sarvam AI Nears 350 Million Funding Boost Valuation as India Builds Sovereign AI Leadership Ambitions

Sarvam AI Nears 350 Million Funding Boost Valuation as India Builds Sovereign AI Leadership Ambitions

Bengaluru startup Sarvam AI is reportedly in advanced talks to raise $300–$350 million, valuing it around $1.5–$1.55 billion, with Bessemer likely leading and major global investors expected to join. The funding push aligns with IndiaAI Mission efforts toward sovereign, localized AI, where Sarvam has showcased India-trained language models and voice-first systems supporting 22 languages, plus agentic tools for enterprise tasks.

Summarised by Beize from a story on TechnoVans on 24 Apr 2026
Dhoni Bumrah and Hardik Invest in LightFury $11M PreSeries A for Mobile eCricket

Dhoni Bumrah and Hardik Invest in LightFury $11M PreSeries A for Mobile eCricket

LightFury Games, a AAA-focused studio building a mobile-first cricket game called eCricket, has raised $11 million in a Pre-Series A. The round includes investors MS Dhoni, Jasprit Bumrah, Hardik Pandya, plus Shreyas Iyer and others. The funding targets core development and live-ops pipelines ahead of a 2026 release.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
India may exempt early stage startups from data protection rules under DPDP bill proposal

India may exempt early stage startups from data protection rules under DPDP bill proposal

India’s government is reportedly considering a limited exemption for early-stage startups from some compliance requirements under the proposed Digital Personal Data Protection (DPDP) bill. The rationale: easing pressure from data-handling obligations that could stifle startups while they develop data models and solutions. The DPDP draft also details strong penalties for breaches and proposes removing compensation provisions from the IT Act.

Summarised by Beize from a story on Trak on 24 Apr 2026
Founder Raised 2.5 Million With No Sales Then Pivoted on One Hunch

Founder Raised 2.5 Million With No Sales Then Pivoted on One Hunch

When Mariam Naficy poured $2.5 million raised from friends and family into Minted, sales never took off. Instead of quitting, she rethought the company’s approach and leaned into a single “hunch” about what customers would actually buy. The result: a turnaround that fueled rapid growth and now drives about $300 million in annual revenue.

Summarised by Beize from a story on Entrepreneur on 24 Apr 2026

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India SaaS startups thrive on talent but a looming tax twist threatens growth

India SaaS startups thrive on talent but a looming tax twist threatens growth

India’s SaaS scene is expanding fast, powered by skilled engineers and product managers who have helped early startups build durable market traction. But as the sector matures, tax complications could become a real constraint, potentially changing how new ventures structure operations and scale. The next phase of SaaS growth may hinge as much on compliance as on capability.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bettrlabs builds an AI R&D platform that cuts consumer product timelines from months to weeks

Bettrlabs builds an AI R&D platform that cuts consumer product timelines from months to weeks

Bengaluru deeptech startup Bettrlabs is digitising consumer product development through an AI-powered R&D operating system. It replicates lab workflows by reverse engineering existing products, analysing ingredient parameters, and running regulatory checks digitally. The company claims it can reduce timelines from up to seven months to 30–90 days, with 330 clients and plans to expand into the US and new categories.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Alibaba backed XpressBees targets every PIN code, but can it beat Delhivery and Ecom Express

Alibaba backed XpressBees targets every PIN code, but can it beat Delhivery and Ecom Express

XpressBees, backed by Alibaba, is sharpening its strategy to expand across India’s logistics network, aiming to deepen coverage in smaller sellers, omnichannel commerce and even B2B express and managed warehousing. After surviving a harsh market, the company is investing in automation and new services, but its bid to outpace Delhivery and Ecom Express will depend on overcoming cost, execution and competition hurdles.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI is forcing Indian IT to rethink corporate venture capital and speed

AI is forcing Indian IT to rethink corporate venture capital and speed

Global tech firms have used corporate venture capital to spot startups early, but Indian IT players have often lagged. Now AI-first companies are pulling in big VC money—and even enticing senior IT leaders to launch challenger ventures. The question: can Indian IT build real CVC muscle fast enough to match the pace of AI disruption?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Rahul Narvekar wooed investors with a startup dream then left them with losses

Rahul Narvekar wooed investors with a startup dream then left them with losses

From Chandigarh to Bengaluru and Jammu to Mumbai, investors and entrepreneurs say Rahul Narvekar’s India Network used a promise of startup growth followed by a sudden disappearance, leaving many with mounting losses. The most striking twist: despite allegations and harmed backers, he continues to be invited as a speaker at startup events, including in smaller towns.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rural lending startups ditch loan sharks but face brutal risks in scaling fast

Rural lending startups ditch loan sharks but face brutal risks in scaling fast

Veteran bankers are launching rural-focused lending startups to replace abusive local loan sharks, betting on a growing credit need across villages. But expansion is far from easy: building reliable borrower data, managing defaults, and handling thin documentation can quickly erode margins. The opportunity is huge, yet execution decides who survives.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bira 91 faces founder removal as employees back the board against bad moves

Bira 91 faces founder removal as employees back the board against bad moves

Bira 91, the venture-backed beer brand, is reportedly moving toward founder removal after the board backed action over poor business decisions. Unlike many such cases where employees remain silent, insiders say the staff actively triggered or supported the motion, signaling a rare internal push during a corporate turning point.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Alaya By Stage3 bags seed funding to scale AI driven ethnic wear growth in India

Alaya By Stage3 bags seed funding to scale AI driven ethnic wear growth in India

Alaya By Stage3, an Indian ethnic wear brand, has secured seed funding aimed at expanding operations and strengthening its supply chain. The company plans to integrate AI to improve efficiency across key processes while scaling faster. With a target of Rs 50 crore annual recurring revenue in two years, it also signals a larger institutional funding round later this year.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Sam Altman agent clone aims to cut founders VC Q and A time by up to 60%

Sam Altman agent clone aims to cut founders VC Q and A time by up to 60%

An agentic AI platform startup, Lyzr.AI, says founders waste 40% to 60% of their time fielding the same questions from different venture capitalists. To reduce that repetitive work, it is rolling out “Agent Sam,” an AI assistant designed to help prepare and respond to common investor queries, potentially speeding up fundraising conversations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Deepinder Goyal teases a crazy insight into why humans age from his longevity venture

Deepinder Goyal teases a crazy insight into why humans age from his longevity venture

Deepinder Goyal says his longevity venture has been investigating a new explanation for why humans age. Posting on X, he called it a “crazy insight” that has been hiding in plain sight, hinting at findings that could challenge existing understandings of aging. The entrepreneur didn’t share details yet, leaving many questions about the science behind the claim.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India hiring to jump 4.7% in H1 FY27 as e commerce tech startups lead demand

India hiring to jump 4.7% in H1 FY27 as e commerce tech startups lead demand

India’s workforce is projected to expand meaningfully in the first half of FY27, with hiring sentiment rising 4.7%. E-commerce, tech startups, healthcare, pharma, and manufacturing are expected to lead job creation, particularly at large enterprises. The trend is linked to structural shifts and policy-driven changes, pushing companies to redesign workforce models to stay compliant and competitive.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Prosus and Tencent backer aims for India AI dominance with Rajinikanth fan

Prosus and Tencent backer aims for India AI dominance with Rajinikanth fan

Prosus, the Dutch investor backed by Tencent that has poured about $8 billion into India, is moving beyond bets into a more aggressive AI-led strategy. With milestones like the Swiggy IPO boosting confidence, it’s launching a new initiative built around a partnership and a ground-up approach—drawing attention for its unusual, talent-driven spark.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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DeepX plans IPO after funding round as Hyundai and Baidu power its on device AI chips

DeepX plans IPO after funding round as Hyundai and Baidu power its on device AI chips

Korean on-device AI chip startup DeepX is preparing for an initial public offering after completing its current funding round in the first half of the year, CEO Lokwon Kim told Reuters. The company plans to appoint IPO banks once that financing wraps up, and its work with Hyundai Motor and Baidu highlights growing commercial traction for on-device AI hardware.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Kiwi cofounder Mohit Bedi steps back from executive role after four years

Kiwi cofounder Mohit Bedi steps back from executive role after four years

Kiwi cofounder Mohit Bedi has stepped down from his executive role after four years, saying he will shift attention to “personal and family” commitments. In the same LinkedIn post, Bedi clarified he will remain closely connected to the company as an advisor and long term shareholder, keeping influence without running day to day operations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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