Salman Sh

Experts say Snabbit, Pronto and InstaHelp may need to raise prices to well above ₹ 200 an hour to make the instant-help model profitable beyond high-density neighbourhoods.

River Mobility said on Wednesday it has raised $120 million in an oversubscribed Series C round as it prepares to ramp up manufacturing, broaden its product range and expand its retail footprint in the country.

SplitStore is a closed-loop, small-ticket credit product designed primarily for new-to-credit users.

Accel has raised $550 million for its ninth India fund, returning to the market just 18 months after its previous vehicle as it bets that AI, deeptech and early-stage startups will drive the next cycle.

Accel announced its ninth India fund on Wednesday, with $550 million in commitments, as part of a $3.5-billion global fundraise. The firm has identified AI, consumer internet, financial technology, advanced manufacturing and deeptech as focus areas for the vehicle.

Indian semiconductor and physical-AI companies raised $523.3 million across 44 deals in 2025, up from $114.4 million across 48 deals in 2024, according to Tracxn data reviewed by Mint. They raised another $193.3 million across 26 deals through 10 August this year.

The latest plea pertains to the payment of SGD 7.2 million towards arbitration costs.

RBI is proposing two major changes: one would standardise how lenders price loans, while the other would push NBFC lending towards term loans rather than revolving credit.

The Bengaluru company is betting its soundbox technology can evolve into a banking interface—and eventually a route to credit—as India's merchant-payment economics face a potential reset.

Blinkit remains a clear leader with 969 stores, accounting for about 27% of the 3,536 dark stores CLSA mapped across the 10 cities.