KEY HIGHLIGHTS

• Magron developing electric motorcycles for India's EV market
• Unacademy acquired by upGrad for $200 million
• InsuranceDekho and RenewBuy merge to form a pan-India insurance platform

Magron's Electric Motorcycles

Bengaluru-based startup Magron is pioneering the electric motorcycle segment in India. Founded in 2022, Magron is developing three electric motorcycles—H35, C20, and C10—and is also working on technologies to sell across the wider EV ecosystem.

Unacademy Acquisition by upGrad

In 2026, upGrad completed its acquisition of Unacademy in an all-stock transaction worth over $200 million. The deal, which began with a bold proposal in 2020, merges two major edtech businesses, giving upGrad a foothold in the online test-preparation segment and more touchpoints for learners.

InsuranceDekho-RenewBuy Merger

Two insurtech startups, InsuranceDekho and RenewBuy, have announced a merger to build a pan-India insurance distribution platform. The combined entity will leverage InsuranceDekho’s presence in northern and western India with RenewBuy’s network in the south, aiming for a premium book of over Rs 6,600 crore by March 31, 2026.

Yuma Energy's Funding

Yuma Energy, a battery-swapping venture co-founded by Yulu and Magna International, has raised $35 million in a Series A funding round led by Magna International. The funds will be used to expand its battery-swapping infrastructure across India.

Kepler Aerospace's Satellite Deployment

Kepler Aerospace, a space infrastructure and mission operations company, has secured $8 million in a seed round led by Blue Ashva Capital. The capital will be used to deploy the first six satellites in its autonomous swarming intelligence program under India’s Innovations for Defence Excellence (iDEX) initiative.

Aeron Systems' Pre-Series B Funding

Pune-based deep-tech company Aeron Systems has raised Rs 45 crore in a Pre-Series B funding round jointly led by Riverwalk Holdings and MGF-Kavachh. The funding will support the company's manufacturing capacity expansion, product development, and international growth.

Zenergize Technologies' Investment

Bengaluru-based Zenergize Technologies has raised $4 million in a Pre-Series A round led by Giraffe Studios. The company develops Silicon Carbide-based power electronics and aims to expand its manufacturing, engineering, sales, and service operations.

Alteon's Autonomous Aircraft

Bengaluru-based aerospace company Alteon has raised $2.5 million in pre-seed funding led by Lachy Groom. The company is developing autonomous dynamic soaring aircraft designed to remain airborne for months by extracting energy from wind gradients.

Oppex AI's Pre-Seed Funding

Oppex AI has raised Rs 4.2 crore in a pre-seed funding round from Info Edge Ventures to accelerate product development, expand its team, and scale customer deployments. The company develops an agentic platform for production operations that uses AI to investigate and manage software incidents.

MS Dhoni's Investment in SpeakX

MS Dhoni has invested in SpeakX, an AI-powered English learning app focused on helping Indians improve spoken English through personalized, practical learning. The app has reached more than 1 crore learners, with 10 lakh subscribers added in the past six months.

xStep's Neurorehabilitation Platform

Neurotechnology company xStep has raised an undisclosed investment from Titan Capital to expand its non-invasive neurorehabilitation platform in India. The funding will support commercial expansion, manufacturing, clinical evidence, and regulatory work.

Shipsy's Logistics AI

Shipsy has launched the beta version of Shipsy Brain, an AI intelligence layer designed to help enterprises make and execute logistics decisions within defined controls. The platform combines specialized open-source models with logistics data generated through Shipsy's platform.

House of Anita Dongre's Customer Data Unification

House of Anita Dongre has partnered with MoEngage to unify customer data across physical stores, e-commerce, and loyalty programs and enable personalized customer engagement.

Navi AMC's Nifty REITs & Realty Index Fund

Navi AMC has launched the Navi Nifty REITs & Realty Index Fund, an open-ended index fund tracking the Nifty REITs & Realty Index. The fund aims to deliver returns in line with the index, subject to tracking error.

Niyo's Acquisition of RemitX

Niyo has signed an agreement to acquire the forex and cross-border business of Capital India Finance, operated under the RemitX brand. The acquisition will expand Niyo's physical presence to more than 40 locations and strengthen access to foreign currency, forex cards, and outward remittances.

Bijliride's EV Rentals

EV mobility platform Bijliride has partnered with Swiggy and Zomato to provide delivery partners with electric two-wheelers through its rental platform. The company has deployed more than 5,500 EVs across major cities in India.

Gupshup's Voice AI Platform

Gupshup has launched a self-serve Voice AI Platform for building and deploying AI agents that handle customer calls. The no-code platform lets businesses configure voice agents, knowledge bases, and workflows, set guardrails, run simulations, and monitor performance through transcripts, analytics, and testing tools.