EaseMyTrip’s Tryst With Green Mobility, super.money Ups UPI Game, and CarDekho To Enter UAE

EaseMyTrip is driving into green mobility, winning a tender for inter-city electric buses in MP. Nazara Technologies is taking playtime seriously, grabbing a majority stake in Funky Monkeys. Flipkart-backed super.money is upping its UPI credit game with BharatX, while Indian Railways is looking skyward, teaming up with IIT-Madras for air mobility solutions. CarDekho is shifting gears with an expansion into the UAE, and Brigade REAP is nurturing the next wave of UrbanTech disruptors.

Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.

“Touch The Skies”: India Railways To Partner IIT-Madras To Build Air Mobility Solutions

Indian Railways is looking beyond tracks, teaming up with IIT-Madras to develop VTOL air mobility solutions.

Backed by railway ministry funding, the project aims to push the boundaries of travel with innovative aerial transport. As infrastructure ambitions grow, this signals a shift in India’s approach to future mobility.

Read more here

“Ab Hogi Kranti, Jai Mahakaal”: Brigade Reap onboards 5 urban tech startups for its 17th cohort

Brigade REAP’s 17th cohort is here, with five UrbanTech startups set to shake up real estate and sustainability.

From AI-driven asset management to a first-of-its-kind robotics startup, these innovators stood out among 180 applicants. With mentorship and funding support, Brigade REAP is once again backing the next wave of urban transformation.

Read more here

“Mungeri Lal Ke Haseen Sapne”: EaseMyTrip Subsidiaries Secure Tender For Inter-City Electric Buses In Madhya Pradesh

EaseMyTrip’s electric dreams are rolling into Madhya Pradesh! Its subsidiaries, Easy Green Mobility and YoloBus, have bagged the Sagar City Transport tender to manufacture and operate inter-city electric buses, set to hit the roads by August.

This electrifying decision comes just a day after the company pledged ₹200 Cr to power up MP’s green transit revolution.

Read more here

“A Giant Leap For Us”: Nazara Picks Up Majority Stake In Kids-Play Centre Funky Monkeys

Nazara Technologies is expanding its playbook beyond digital screens, acquiring a 60% stake in Funky Monkeys for ₹43.7 Cr.

With this move, the gaming giant steps deeper into offline entertainment, blending virtual dominance with real-world engagement. As the industry shifts, Nazara’s bet on physical play spaces signals a strategic pivot in its growth narrative.

Read more here

“Kuchh Bada Kar DIkhane Ka Jazba”: Flipkart-Backed super.money Buys BharatX To Expand Credit Offerings

Flipkart-backed super.money is doubling down on UPI credit, acquiring BharatX in an all-cash deal. While the numbers stay under wraps, the move brings BharatX’s team and tech into super.money’s fold, aiming to scale up its credit game.

Already the seventh-largest UPI player, super.money is clearly eyeing a bigger slice of India’s digital lending pie.

Read more here

“Habibi Hum Bhi Hai Josh Mein”: CarDekho Group expands into the UAE market

CarDekho Group is steering into the UAE, joining hands with Raya Holdings to reshape the car-buying experience.

CEO Amit Jain sees this move aligning with UAE’s Vision 2030, tapping into the region’s push for sustainable transport. With its global footprint already spanning Southeast Asia, CarDekho is now set to test-drive its ambitions in the Middle East.

Read more here

1. Dodo Payments has raised $1.1M in pre-seed funding, backed by Venture Catalysts, Antler, and 9Unicorns. With top investors on board, the Merchant-of-Record platform is set to reshape payments for India and emerging markets.
   Read more here

2. Technodysis has secured ₹10 Cr in debt financing from Recur Club, balancing secured and unsecured debt. The Bengaluru-based IT startup aims to leverage this funding to fuel its growth across FY23 and FY24.
   Read more here