Zerodha Founders Bet Big on InCred Ahead of IPO

Zerodha’s Nikhil and Nithin Kamath just pumped ₹250 crore into InCred, grabbing a minority stake as the fintech preps for a ₹4,000 crore IPO. InCred’s scaling fast—buying a gold loan biz, snapping up retail platform Stocko, and posting solid FY25 profits. With AI, lending, and wealth tech in its playbook, it’s aiming big and digital.

Read more on YourStory

Darwix AI Secures \$1.5M to Advance Its Generative AI Platform for Enterprise Use

Gurugram startup Darwix AI has raised \$1.5 million in seed funding from Rebalance, Inflection Point Ventures, JITO, and several notable angel investors. Founded by IIM graduates, the company is building an all-in-one generative AI solution to enhance enterprise sales and support across voice, chat, email, and more.

Read more on Indianstartupnews

Multiplier, led by ex‑Stripe exec, scores $27.5M to scale AI‑powered accounting roll‑ups

Startup Multiplier, founded by former Stripe Asia‑Pac lead Noah Pepper, has raised $27.5M (seed + Series A from Lightspeed & Ribbit) to acquire accounting firms and supercharge them with AI. Its pilot acquisition, Citrine, doubled margins using Multiplier’s tools. Now, the company is raising new capital to roll out more AI‑enhanced firms—aiming to disrupt the Big Four.

Read more on Techcrunch

Base44, a 6-month-old solo-founded vibe coder, sells to Wix for $80M cash

Maor Shlomo’s no-code AI startup Base44, built in just 6 months and initially bootstrapped, has been acquired by Wix for \$80M in cash. Despite a team of 8, the project began as a solo side hustle and grew to 250K users and $189K profit/month — all while sharing the build journey publicly. The acquisition gives Wix a profitable, fast-scaling AI app builder for non-coders, boosting its no-code portfolio.

Read more on EducateKaro

ShareChat’s CBO Gaurav Jain Resigns Amid Leadership Shifts and Revenue Growth

Gaurav Jain is exiting his role as ShareChat’s CBO (Chief Business Officer), with CFO Manohar Charan stepping in to manage operations. Jain joined in 2022 from Snap and Meta. This comes amid leadership reshuffles, recent layoffs, and rising ad revenue. Despite internal changes, the company’s FY24 earnings climbed 33%, showing strong momentum across mid-market and FMCG sectors.

Read more on YourStory

Alta lands $11M to turn AI-powered fashion dreams into reality with backing from top-tier investors

Jenny Wang’s dream AI stylist startup, Alta, just raised $11M in seed funding led by Menlo Ventures. Alta allows users to build a digital wardrobe, receive personalized style recommendations, and virtually try on outfits using a custom avatar. With backing from top names like Michelle Obama’s stylist and LVMH-linked investors, Wang plans to expand globally, grow her team, and improve the tech.

Read more on TechCrunch

Aspora Lands $50M Funding to Grow Its NRI-Focused Financial Platform

Aspora (formerly Vance) is rapidly scaling up its remittance platform for NRIs, processing $2B annually—up 6x in a year. With over $99M raised, including a new $50M Series B led by Sequoia and Greylock, the startup is now valued at $500M. Starting in the UK, it’s expanding into the U.S., Canada, Singapore, and Australia. Aspora plans to launch NRI-focused services like bill pay, FDs in foreign currency, full-stack bank accounts, and even elderly care back in India—transforming into an all-in-one financial hub for the diaspora.

Read more on TechCrunch

Clay’s Valuation Doubles, Hits $3B With CapitalG Backing

AI sales startup Clay just closed a new funding round, rocketing its valuation to around $3 billion. That’s twice what employees recently sold shares for in a separate deal. The company, used by giants like OpenAI and Canva, helps sales teams find leads and automate outreach — and it’s catching fire in the sales tech world.

Read more on TechCrunch

Meta Invests in Scale AI as Founder Moves to Meta’s AI Team

Meta’s latest bet on AI sees it investing in Scale AI, valuing the company at over $29B. Alexandr Wang, the founder, will be joining Meta to focus on AI initiatives, with Jason Droege taking over as interim CEO. The deal boosts Scale’s innovation push and gives shareholders a payout, with Meta gaining a minority stake.

Read more on Scale

Landbase Raises $30M to Reinvent AI-Powered Marketing Outreach

Ex-AppDirect co-founder Daniel Saks just raised $30M for Landbase, an AI tool that automates cold outreach using lessons from 40M campaigns. Powered by GPT-4o, it focuses on building “digital trust,” not pretending to be human. With 100+ clients and major VC backing, it’s aiming beyond tech—straight for SMBs.

Read more on TechCrunch

X