Alpha Wave Offloads ₹550 Cr Stake in Pine Labs as Institutional Buyers Step In
Alpha Wave sells 3.54 Cr shares on the NSE block window at ₹155.10; ICICI Prudential Life and Goldman Sachs absorb volume following Pine Labs' 4X profit surge.

Hiranandani Group-backed Yotta Data Services prepares to file draft IPO papers with SEBI, expanding its Nvidia-powered GPU cluster to meet soaring AI enterprise demand across India and international corridors.


Alpha Wave sells 3.54 Cr shares on the NSE block window at ₹155.10; ICICI Prudential Life and Goldman Sachs absorb volume following Pine Labs' 4X profit surge.

Walmart-owned e-commerce giant tests in-app scripted short series with Pratilipi and Terribly Tiny Tales, leveraging 500M users to drive impulse checkout.

RBI issues updated circular on tokenized asset collateral for Tier-1 banks, unlocking ₹40,000 Cr in liquidity.

Bengaluru EV startup rolls out 243 km-range Simple Wave across 6 variants, ramping manufacturing capacity to 10,000 monthly units by March 2027.

Heritage Vadodara snack brand secures Series A from Harsh Mariwala's Sharrp Ventures, introducing 100g impulse packs for Blinkit, Zepto, and Instamart.

Analyzing social sentiment in real-time, NEWME scales to 1.7 million Gen-Z shoppers with an agile domestic supply chain and 50% repeat retention.

Equentis-backed Pre-Series A will fund 100 licensed temperature-controlled dark stores and AI inventory compliance for quick commerce platforms.
| Startup | Sector | Round | Amount | Lead Investor | Valuation | Date |
|---|---|---|---|---|---|---|
| Zepto | Quick Commerce | Series G | ₹2,800 Cr ($340M) | StepStone | $5B | Aug 22, 2026 |
| Sarvam AI | Deeptech / AI | Series A | ₹340 Cr ($41M) | Lightspeed | $200M | Aug 21, 2026 |
| Ather Energy | Climate / EV | Pre-IPO | ₹600 Cr ($72M) | NIIF | $1.3B | Aug 20, 2026 |
| Giva | D2C | Series C | ₹255 Cr ($31M) | Premji Invest | $250M | Aug 19, 2026 |

“We didn't focus on valuation, we focused on delivery times and unit economics at a pin-code level.”

“India cannot rely on western models. We need our own foundational intelligence and compute infrastructure.”

“Building trust with mothers was our first and only moat in the early days.”
Foundational models, Indic LLMs, robotics, space-tech, and sovereign semiconductor IP.
Credit on UPI, soundbox acquiring networks, wealth-tech, and cross-border remittance corridors.
Electric 2W/4W fleets, battery gigafactories, fast-charging networks, and carbon accounting.
Vertical AI enterprise software, billing infrastructure, and developer productivity tooling.
A comprehensive look at how seed stage valuations have stabilized while growth stage deals prioritize profitability over pure GMV expansion.
Get the stories, founders, funding deals, and institutional insights that matter, delivered directly to your inbox every weekday morning at 8:00 AM IST.