DPIIT Partners With Tally, InCred Financial’s IPO Dreams, Teachmint Trims Its Losses

DPIIT partners with Tally to guide manufacturing startups on a path to streamlined growth, while InCred Financial sets its sights on a INR 5,000 Cr IPO by Diwali 2025. Space innovation gets a boost as InspeCity teams up with Japan’s Orbital Lasers to tackle space debris. Meanwhile, Teachmint trims its FY24 losses to INR 110 Cr, with revenue soaring by 111%, showing solid momentum in the edtech sector.

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“Aao Sikhaun Dhandhe Ki EK Kahani”: DPIIT Inks Pact With Tally To Mentor Manufacturing Startups

In a statement, DPIIT said that Tally will offer training, case studies and expert-led sessions to help the selected new-age tech companies streamline operations.

Besides helping in adopting scalable business practices, and address challenges faced by startups in areas such as financial management, compliance, marketing and digitisation.

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“Hindi-Japani Bhai Bhai”: InspeCity Partners Japanese Startup To Tackle Space Debris

Indian startup InspeCity is teaming up with Japan’s Orbital Lasers to zap space debris using laser-equipped satellites.

Beyond clearing orbits, the duo plans to explore satellite life extension and in-orbit manufacturing. With its VEDA platform leading the charge, InspeCity is pushing boundaries in sustainable space tech.

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“Sapne Dekhe Bade Bade”: InCred Financial Eyes INR 5,000 Cr IPO By Diwali Next Year

InCred Financial is setting its sights on a substantial INR 5,000 Cr IPO by Diwali 2025. Plans are underway to appoint four banks by January, with the offering expected to include an OFS component, allowing investors to exit and realize returns.

This move marks a pivotal moment in the company’s growth strategy, poised to attract market attention.

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“Ho Jayegi Balle Balle”: Teachmint Cuts FY24 Loss To INR 110 Cr, Revenue Soars 111%

Teachmint is schooling its finances, cutting FY24 losses to INR 110 Cr—a 37% improvement from last year.

The edtech startup also saw its revenue more than double to INR 17.1 Cr, marking a 111% leap. With its video-first teaching platform, Teachmint continues to power classroom digitization for schools nationwide.

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1. Easebuzz, the Pune-based B2B fintech startup, is eyeing a INR 200 Cr funding round, with Bessemer Venture Partners in the mix. The deal may also feature an ESOP buyback, offering liquidity to employees and early investors.

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2. Quanfluence, a Bengaluru-based quantum tech startup, has secured $2 Mn in seed funding led by pi Ventures. The funds will drive product scaling and quantum computing development, marking a boost for India’s deeptech landscape.

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3. Bizom has raised $12 Mn in a Series B round led by Pavestone VC, with IndiaMART also pitching in. The retail intelligence platform will use the funds to enhance AI-driven innovations and streamline distribution for retail brands.

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4. Zingbus has secured $9 Mn in funding led by BP Ventures, with participation from IE Venture Fund, 9Unicorns, and AdvantEdge Technology. The Delhi NCR-based intercity travel startup plans to accelerate its growth with these investments.

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5. Databricks has raised $10B in its Series J round, pushing its valuation to $62B, with Thrive Capital leading the investment. The company has secured $8.6B so far, fueling its expansion in data and AI innovation.

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6. Seekho has raised $8 Mn in Series A funding led by Lightspeed, at a valuation of $45 Mn. The online learning platform offers short, category-based videos on topics like parenting, finance, and personal development.

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