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Indian startups raised $1.1 billion across 16 deals in the week of June 21-26, 2026, up 2.5 times from the prior week, with CRED's $900 million Series H led by Meta accounting for most of the total. Square Yards became India's 131st unicorn after closing a $95 million round.
Meta is investing $900 million in CRED at a $4.5 billion valuation, the largest Indian startup round of 2026, as founder Kunal Shah moves to a global leadership role at WhatsApp. Miten Sampat takes over as interim CEO, and a major employee stock buyback is expected within weeks.
Groww reported a 122% jump in net profit to Rs 686 crore for Q4, with revenue from operations rising 87% year-on-year to Rs 1,505 crore. The numbers show India's large retail investment platforms converting rapid user growth into strong earnings, raising the prospect of a future public listing.
Groww reported Q4 FY26 revenue of Rs 1,535.5 crore and a profit of Rs 686 crore as customer assets crossed Rs 3 trillion, up 36% year-on-year. The company plans to channel profits and fresh fundraise proceeds into scaling its lending business across consumer credit and broking segments.
Airwallex and Stripe are shifting from parallel operators to direct competitors as their geographic and customer-segment expansions converge. The collision is relevant for enterprise buyers of cross-border payment infrastructure, where competition between the two could improve pricing and switching leverage. Both
Zerodha founder Nithin Kamath says the firm has foregone ₹25,620 crore in revenue by holding to zero brokerage on equity trades. The disclosure reinforces Zerodha's customer-trust positioning but arrives as SEBI's derivatives fee changes compress the company's core revenue. The durability of the zero-fee pledge through
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Indian startups raised $1.1 billion across 16 deals in the week of June 21-26, 2026, up 2.5 times from the prior week, with CRED's $900 million Series H led by Meta accounting for most of the total. Square Yards became India's 131st unicorn after closing a $95 million round.
3d ago · 4 min · Business
Meta is investing $900 million in CRED at a $4.5 billion valuation, the largest Indian startup round of 2026, as founder Kunal Shah moves to a global leadership role at WhatsApp. Miten Sampat takes over as interim CEO, and a major employee stock buyback is expected within weeks.
6d ago · 4 min · Business
Groww reported a 122% jump in net profit to Rs 686 crore for Q4, with revenue from operations rising 87% year-on-year to Rs 1,505 crore. The numbers show India's large retail investment platforms converting rapid user growth into strong earnings, raising the prospect of a future public listing.
1mo ago · 2 min · Business
Groww reported Q4 FY26 revenue of Rs 1,535.5 crore and a profit of Rs 686 crore as customer assets crossed Rs 3 trillion, up 36% year-on-year. The company plans to channel profits and fresh fundraise proceeds into scaling its lending business across consumer credit and broking segments.
1mo ago · 2 min · Business
Airwallex and Stripe are shifting from parallel operators to direct competitors as their geographic and customer-segment expansions converge. The collision is relevant for enterprise buyers of cross-border payment infrastructure, where competition between the two could improve pricing and switching leverage. Both
2mo ago · 1 min · Business
Zerodha founder Nithin Kamath says the firm has foregone ₹25,620 crore in revenue by holding to zero brokerage on equity trades. The disclosure reinforces Zerodha's customer-trust positioning but arrives as SEBI's derivatives fee changes compress the company's core revenue. The durability of the zero-fee pledge through
2mo ago · 1 min · Business
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