Startup information and updates: Every day roundup (December 02, 2025)

From Modulus Housing elevating $7.8M in Collection A funding spherical led by Kalaari Capital, others to Ola Shopper launching Non-AC Journey class throughout India, right here’s every part you should know this week.

Featured tales:

A busy November ends with positive factors for Groww, Pine Labs, and Lenskart; losses for PhysicsWallah

November has quietly grow to be one of the vital crowded months for Indian startup listings. Bankers say a number of elements are inclined to converge round this era: firms favor to go public earlier than year-end holidays sluggish overseas institutional investor exercise; some international funds search to shut positions throughout the calendar 12 months; and a post-festive market typically carries constructive momentum. 

Apart from, traditionally, November has additionally been a high-liquidity month, largely as a result of Diwali—certainly one of India’s most generally celebrated festivals and one which has deep cultural significance for the buying and selling group—usually falls round this time, lifting each sentiment and participation within the markets.

One other sensible consideration, funding bankers level out, is monetary disclosure. Firms, notably high-growth startups transferring from loss to revenue, favor to showcase one full monetary 12 months and one current quarter of outcomes earlier than going public. A list round November offers issuers the flexibleness to current comparatively contemporary numbers whereas nonetheless assembly regulatory timelines and overseas investor expectations.

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Yr in evaluate: What took down among the greatest startups in 2025

2025 was an enormous 12 months for Indian startups with blockbuster IPOs. On the flip aspect, the 12 months additionally noticed a number of them—dubbed unicorns earlier for his or her large billion-dollar valuation—packing up.  

In keeping with information sourced from Tracxn, 729 startups have shut store in 2025 to date. The quantity, nevertheless, was 5X larger in 2024, with 3,903 startups shutting down. In 2023, about 2,192 startups have been deadpooled. 

Throughout sectors, startups in enterprise functions noticed the very best numbers of shutdowns, adopted by retail and edtech. Whereas Dunzo’s demise was within the making for a while, BluSmart and Hike shutting store got here as a shocker to the ecosystem.

In the meantime, a broader funding reset has additionally influenced survival charges throughout early and growth-stage firms this 12 months. 

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These brothers scaled their bootstrapped neutraceutical model to Rs 20 Cr

In 2012, Prateek and Chetan Agarwal, two brothers from Hyderabad, observed a rising contradiction in India’s wellness panorama. Whereas well being consciousness was rising and folks have been looking for preventive healthcare options, credible, science-backed dietary merchandise have been scarce.

Drawing on their household’s five-decade legacy in healthcare manufacturing by way of Lifestamin Healthcare and with an preliminary funding of Rs 2 crore, they based INLIFE, a model targeted not on flashy advertising, however on analysis, manufacturing, and delivering high quality programs.

In keeping with the brothers, after they based INLIFE, their supply of inspiration was a “mutual religion in the truth that preventive wellness in India have to be accessible, clear, and science-driven…We perceived an enormous deficit at the moment as well being consciousness was growing, high quality dietary options have been scarce, notably in Tier I and Tier II cities,” Prateek tells SMBStory.  

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Newest information

Wakefit IPO guarantees enormous windfalls for founders and early backer Peak XV

Omnichannel furnishings retailer Wakefit is ready to launch its Rs 1,288-crore IPO on Monday, delivering stellar positive factors for its promoters and early buyers.

The corporate has set the worth band at Rs 185 to Rs 195 per fairness share. This values Wakefit at $669 million on the higher finish of the worth band.

Ankit Garg, Co-founder and Director at Wakefit, holds a stake of 33.03%, which interprets to a holding of Rs 2,012 crore. Garg plans to dump 77 lakh fairness shares within the providing, acquired at a weighted common worth of Rs 0.02 per share, permitting him to take residence Rs 150 crore.

Chaitanya Ramalingegowda. Co-founder and CEO, presently holds a stake of 9.98%, taking the worth of his holdings to Rs 608 crore. He’s anticipated to dump 44 lakh shares, acquired at a weighted common worth of Rs 0.04, permitting him to take residence Rs 86.8 crore.

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Funding information

Modulus Housing raises $7.83M in Collection A funding spherical led by Kalaari Capital, others

Actual property tech startup Modulus Housing has raised a Collection A spherical of $ 7.83 million to drive its subsequent part of development.

The funding spherical was led by Kalaari Capital, Hero and Samarthya, with participation from SVAS, Sigma, Zetwerk founder Srinath Ramakkrushnan, Zetwerk director Sanjiv Rangrass, and others.

Chennai-based Modulus Housing specialises in factory-built modular development. The corporate plans to make use of the funding to speed up market enlargement throughout India and international markets and on superior R&D, together with the launch of a next-generation concrete modular system.

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StockGro secures Rs 150 Cr to develop AI-driven funding platform

StockGro, an funding advisory and information platform connecting customers with SEBI-registered consultants, has raised Rs 150 crore from main inventory market investor Mukul Agrawal in its Collection B funding spherical.

The spherical is structured as a convertible funding, with the corporate’s valuation to be decided based mostly on future efficiency.

The funding shall be used to develop StockGro’s geographic presence, introduce new product options, and prolong choices throughout a number of asset courses. The corporate presently companions with greater than 1,500 academic establishments globally and offers instruments that assist retail buyers entry market information and analytics historically out there solely to skilled analysis desks.

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Different information:

QWEEN secures Rs 1,000 Cr funding to develop experiential jewelry retail

QWEEN, based by Amit Kumar and Suyash Motarwar as a bootstrapped enterprise, started with the purpose of providing a brand new strategy to effective jewelry for Indian girls.

The corporate obtained early seed funding from Japanese jeweller Kashikey Co. Ltd., and has now secured an extra Rs 1,000 crore funding from Rosy Blue and Kashikey to help its enlargement.

QWEEN plans to introduce greater than 20 collections and over 3,000 SKUs throughout pure diamonds, gem stones, gold and silver, together with a number of gold colors and diamond shades. Its first experiential shops, measuring 5,000–6,000 sq ft, are scheduled to open by mid-February in Bangalore and Delhi.

Rosy Blue will contribute its six a long time of mine-to-market experience to strengthen QWEEN’s sourcing and product traceability.

Ola Shopper launches Non-AC Journey class throughout India

Ola Shopper has launched a non-AC trip class throughout India, turning into the one participant within the nation to supply this feature at scale.

The transfer is geared toward offering riders with extra inexpensive journey decisions whereas permitting drivers to achieve a broader buyer base, cut back gasoline prices, and enhance earnings. The rollout covers autos, bikes, and cabs and builds on Ola’s 0% fee mannequin, which lets driver companions retain their full fare revenue.

Ola Shopper is a ride-hailing platforms, working nationwide and in addition engaged on electrical automobile manufacturing by way of its Futurefactory.

Catalyst Manufacturers Enterprise Companies appoints Nihar Nidhi as Managing Director

Catalyst Manufacturers Enterprise Companies (CBBS), the worldwide functionality centre of Catalyst Manufacturers, has appointed Nihar Nidhi as its new Managing Director. Primarily based in Bengaluru, he’ll oversee the centre’s operations supporting Catalyst Manufacturers’ portfolio of six American retail manufacturers, together with JCPenney, Aéropostale, Brooks Brothers, Eddie Bauer, Fortunate Model and Nautica.

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Nidhi Nihar, Managing Director, Catalyst Manufacturers Enterprise Companies (CBBS)

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Nidhi brings greater than 30 years of expertise throughout hospitality, telecommunications and monetary companies. He joins CBBS after over twenty years at JPMorgan Chase, the place he served in a number of senior roles, together with Managing Director for Shopper and Group Banking Operations and CEO of the financial institution’s World Functionality Centre within the Philippines. His tenure included main large-scale transformation programmes and operational groups throughout international markets.

His earlier profession contains management positions at Sterling Vacation Resorts, Reliance Telecommunications, FIS and Tech Mahindra. CBBS, situated in Manyata Tech Park, Bengaluru, presently employs greater than 800 associates throughout expertise, digital and e-commerce, provide chain, finance, merchandising, advertising and information capabilities.

HDFC Capital backs Earth Fund with Rs 20 Cr, acquires minority stake in Zoiros Initiatives

HDFC Capital has partnered with Brigade Enterprises Restricted and Gruhas PropTech LLP to strengthen technology-led innovation in India’s constructed surroundings. As a part of the collaboration, HDFC Capital has acquired a minority stake in Zoiros Initiatives Non-public Restricted and dedicated Rs 20 crore to the Earth Fund.

The Earth Fund, anchored by Brigade Group and Gruhas, is positioned as India’s solely PropTech-focused enterprise platform supporting early-stage firms growing options for the actual property sector. The fund affords portfolio firms entry to developer networks, trade experience, and alternatives for on-ground deployment.

The partnership brings collectively the capabilities of HDFC Capital, Brigade Enterprises and Gruhas PropTech to determine and scale technology-driven options for the constructed ecosystem, aiming to advance effectivity, transparency, and sustainability throughout the sector.

(The article shall be up to date all through the day with the most recent developments and information)