Entracker

India’s edtech sector, which attracted nearly $6 billion during the pandemic boom but managed just $200 million in Q3 2025, continues to face a funding slowdown. However, short learning videos platform, Seekho has bucked the trend by raising $28 million in a recent round led by Bessemer Venture Partners with the participation from Goodwater Capital and existing backers Elevation and Lightspeed.

While the Bengaluru-based company didn’t disclose its valuation, round breakup, or shareholding structure in the announcement, Entrackr examined regulatory…

While most payment aggregation and gateway businesses were likely to post flat growth in the last fiscal year, Razorpay managed 65% year-on-year growth in the fiscal year ending March 2025. Similarly, payments infrastructure startup Easebuzz more than doubled its operating scale in FY25, along with strong growth in its profit after tax (PAT).

Easebuzz’s revenue from operations surged nearly 2.3X to Rs 656 crore in FY25 from Rs 289 crore in FY24, according to its financial statements filed with the Registrar of Companies (RoC).

Easebuzz, a B2B payment…

After recording flat growth in FY24, payment gateway and point-of-sale (PoS) provider Innoviti Technologies reported 35% year-on-year revenue growth for the fiscal year ending March 2025. However, its losses remained high at Rs 62 crore, despite an 11% YoY reduction in FY25.

The company’s operating revenue increased to Rs 143 crore in FY25 from Rs 106 crore in FY24, according to its financial statement sourced from the Registrar of Companies (RoC).

Innoviti provided payment gateway and PoS devices to merchants for processing online and card-based…

Ola Electric Mobility Limited has responded to media reports and police proceedings connecting its chief executive Bhavish Aggarwal and another senior official Subrat Kumar Dash to the death of an employee, K Aravind, who died by suicide in Bengaluru last month.

According to media reports, the Bengaluru police registered a case on October 6, 2025, against Aggarwal, Das, and Ola Electric following a complaint filed by Aravind’s brother. The complaint alleged workplace harassment and financial irregularities after a 28-page handwritten note was…

Logistics startup Shadowfax has received approval from the Securities and Exchange Board of India (SEBI) to launch its Rs 2,500 crore initial public offering (IPO).

The initial public offer (IPO) will comprise of both fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, including Flipkart, Eight Roads Ventures, and NGP Capital.

This development comes after nearly three months since the company filed its DRHP via the confidential route.

Shadowfax is reportedly targeting a post-issue valuation of around Rs 8,500 crore. The…

Allen Career Institute recorded a marginal drop in operating revenue and a sharp 70% fall in profit during the fiscal year ended March 31, 2025. Pressure on profitability had already emerged in FY24, when the company reported its first-ever decline in profits, largely due to the slowdown in offline coaching businesses across the sector.

Allen reported Rs 3,067 crore in operating revenue and Rs 3,307 crore in total revenue, which included other income of Rs 240 crore in FY25. According to a company press release, its profit after tax stood at Rs 41…

E-commerce platform Meesho has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), according to two sources aware of the matter.

“Meesho now plans to raise $700–800 million through the IPO, comprising a $500 million fresh issue and an offer-for-sale component of $200–300 million,” said one of the sources requesting anonymity.

This follows Meesho’s earlier confidential DRHP filed in July, which had pegged the primary issue at $500 million. The updated filing indicates a clearer equity…

Fundamento, an agentic AI platform for financial services, has raised $1.9 million (about Rs 16 crore) in pre-Series A funding round led by IIFL Fintech Fund. The round also witnessed participation from The Players Fund (backed by KL Rahul and Ben Stokes), Venture Catalysts, Lead Invest, Epic Angels, and other angel investors.

Prior to this, the startup had raised $1.56 million in a seed funding round from Caesar Sengupta and others.

The proceeds will be deployed to enhance its agentic AI build, with clear verticalization in financial services across…

During the week, 30 Indian startups raised a total of $694.75 million, comprising 6 growth-stage and 22 early-stage deals, while 2 startups kept their funding undisclosed.

In contrast, 36 startups had collectively secured about $310.72 million in the previous week.

[Growth-stage deals]

Growth and late-stage funding totaled $621.5 million across six deals this week, led by Zepto’s $450 million raise at a $7 billion valuation. Audio and video content platform Kuku FM followed with an $85 million Series D round led by Granite Asia, while wealth-tech…