November 3, 2026: India’s startup and business ecosystem recorded fresh funding rounds, quarterly earnings, strategic acquisitions and fintech developments. Clinics On Cloud raised $12.5 million in Series A funding, while UPI transactions reached a record 25.47 billion in October. Companies including DeHaat, Capillary Technologies, TBO.COM and MobiKwik also reported financial updates.
Top Startup & Business Headlines
- Clinics On Cloud Secures $12.5 Million in Series A Funding: Clinics On Cloud has raised $12.5 million in a Series A funding round to support its growth and business expansion.
- Two Point O Capital Raises $10 Million: Two Point O Capital secured $10 million in a funding round led by Transition VC.
- DeHaat Reports ₹2,715 Crore Revenue in FY26: Agritech company DeHaat reported revenue of ₹2,715 crore for the financial year 2025–26.
- TBO.COM Reports ₹866 Crore Revenue and ₹76 Crore Profit in Q2 FY27: TBO.COM Tek reported revenue of ₹866 crore and profit of ₹76 crore for the second quarter of FY27.
- Leverage Edu Announces Third ESOP Buyback: Leverage Edu announced its third employee stock ownership plan (ESOP) buyback, extending the benefits to 100 additional employees.
- Capillary Technologies Reports ₹271 Crore Revenue, Turns Profitable: Capillary Technologies reported revenue of ₹271 crore in Q2 FY27 and posted a profit of ₹22 crore.
- Hyeglo Beauty Raises ₹7 Crore in Funding: Hyeglo Beauty secured ₹7 crore in a funding round led by Sauce.vc.
- Razorpay Secures Final IFSCA Licence for Cross-Border Payments: Razorpay received its final licence from the International Financial Services Centres Authority (IFSCA), enabling it to expand cross-border payment services from GIFT City.
- UPI Transactions Hit Record 25.47 Billion in October: Unified Payments Interface (UPI) recorded 25.47 billion transactions in October, while daily transaction value crossed ₹1 lakh crore.
- TVS Motor Maintains EV Two-Wheeler Leadership in October: TVS Motor Company retained its leadership in the electric two-wheeler segment in October. Ather Energy recorded 3% growth, while Ola’s sales declined 10%.
- MobiKwik Reports Record Quarterly Profit of ₹11.8 Crore: MobiKwik reported a record quarterly profit of ₹11.8 crore in Q2 FY27.
- Antler India Leads Pre-Seed Funding in Dispatch Network: Antler India led a pre-seed funding round in last-mile delivery startup Dispatch Network.
- Taghash Launches ‘Brain’ AI Assistant for Investment Funds: Taghash launched Brain, an artificial intelligence assistant designed for investment funds.
- OBSESS Raises ₹3 Crore in Angel Funding: OBSESS secured ₹3 crore in an angel funding round.
- CCI Approves Prosus Investment in Navi: The Competition Commission of India approved Prosus’ investment in Navi, founded by Sachin Bansal.
- ValueQuest’s Tristar Fund Raises Over ₹2,100 Crore: ValueQuest Investment Advisors’ Tristar Fund raised more than ₹2,100 crore for investments in advanced manufacturing.
- Fibe Launches UPI Payments on Its App: Fibe, formerly known as EarlySalary, launched UPI payments on its app after receiving NPCI approval as a third-party app provider.
- DHL Express Appoints Sandeep Juneja to Lead India and South Asia: DHL Express appointed Sandeep Juneja to head its India and South Asia operations.
- Provision Labs Acquires Basilisk Industries: Provision Labs, founded by Anjali Sardana, acquired Basilisk Industries.
