Reviving Traditional Games & Startup Funding Updates for 2026

Reviving Traditional Indian Games

Vinita Sidhartha's Kreeda is on a mission to revive traditional Indian games. This Chennai-based organization is dedicated to researching, documenting, and promoting the rich heritage of Indian games. Kreeda's efforts are crucial in preserving cultural heritage through play.

Startup Funding Updates

Snabbit's Milestone

Bengaluru-based on-demand home services platform Snabbit has crossed 1,15,000 fulfilled jobs a day. This milestone reflects the rising demand for on-demand domestic services and Snabbit's improving financial discipline as it scales.

MobiKwik's Profitable Q1 FY27

Fintech company MobiKwik swung into profit for the first quarter of 2026-27, driven by strong growth in its payments business, improved lending profitability, and continued focus on cost efficiency. The company reported a net profit of Rs 7.6 crore for the first quarter of FY27 compared to a loss of Rs 42 crore a year ago.

ideaForge Technology's RDI Scheme Funding

Leading drone manufacturer ideaForge Technology has secured a letter of intent for up to Rs 151 crore in long-term debt financing under the Government of India's Research, Development and Innovation (RDI) scheme to develop YETI, a heavy-lift autonomous aerial platform.

Kaapi Machines' Equity Funding

Kaapi Machines, a coffee equipment and service provider based in Bengaluru, has raised Rs 50 crore in equity funding from Sedna HoReCa, a PE-backed B2B solutions provider for the HoReCa segment.

RoadGrid's TDB Support

RoadGrid India has secured Rs 13 crore in financial assistance from the Technology Development Board (TDB) to establish a manufacturing and assembly facility for its patented Universal EV Charger.

Detailed Sections

Quest Global's Investment in Lavni Ventures Fund II

Quest Global Engineering Services has announced a strategic investment in Lavni Ventures Fund II, signaling a deepening partnership to advance deep-tech innovations in climate, energy, and health sectors.

UN:BLOC's New Investor

Former Indian cricketer Yuvraj Singh has joined stealth healthcare startup UN:BLOC as an investor and member of its founding team.

Anicut Capital and Chennai Angels Partnership

Anicut Capital and The Chennai Angels (TCA) have partnered to strengthen early-stage startup funding through a Category I Alternative Investment Fund (AIF) structure.

Freshworks' Gartner Recognition

Freshworks Inc. has been recognised as a Leader in the 2026 Gartner Magic Quadrant for IT Service Management (ITSM) Platforms, reflecting its focus on AI-powered service operations.

Groww's Rating Upgrade

ICRA has upgraded the long-term rating of Billionbrains Garage Ventures Ltd, the parent company of investment platform Groww, to AA (Stable) from AA- (Stable), citing improvements in market position, capitalisation, profitability, and liquidity.

Pegasystems' University Partnerships

Pegasystems Inc. has expanded its University Academic Program (UAP) by partnering with additional Indian universities to strengthen education in agentic AI, generative AI, and enterprise automation.

QNu Labs and SRMIST's Quantum Communications Training

QNu Labs, a sovereign quantum cybersecurity company incubated at IIT Madras Research Park, has partnered with SRM Institute of Science and Technology (SRMIST) to train and certify its first batch of faculty in professional quantum communication courses.

Licious' AI-driven Customer Engagement

Direct-to-consumer meat and seafood brand Licious has partnered with customer engagement platform MoEngage to strengthen AI-powered personalisation across its digital ecosystem.

Safer Internet India's Online Shopping Safety Handbook

Safer Internet India (SII) has launched Your Guide to Safe Online Shopping, a consumer handbook designed to help shoppers identify and avoid online frauds and scams.

Nemetschek India and CADD Centre's AI-enabled BIM Courses

Nemetschek India has partnered with CADD Centre to introduce a portfolio of AI-enabled Building Information Modelling (BIM) certification programmes aimed at developing digitally skilled professionals for the architecture, engineering, and construction sector.

Anaptyss' Employee Innovation Programme

AI-first managed services company Anaptyss has launched IGNITE, an enterprise-wide employee innovation and intellectual property incubation programme aimed at converting employee ideas into customer solutions, commercial value, and patents.

FarmerChat's User Growth

Digital Green India has announced that FarmerChat, the multilingual, AI-powered farming advisory assistant it deploys, has crossed 10 lakh users in India since its launch in October 2024.

Karnataka IT Dept's MoU with FICCI FLO Bengaluru

The Department of Electronics, IT, Biotechnology and Science & Technology, government of Karnataka, through the Karnataka Innovation and Technology Society (KITS), has signed a Memorandum of Understanding (MoU) with FICCI FLO Bengaluru and the FLO Bengaluru Industrial Park Association to strengthen support for women entrepreneurs across startups and manufacturing.

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FAQ Section

**Q: What is Kreeda's mission? **A: Kreeda's mission is to revive traditional Indian games by researching, documenting, and promoting their rich heritage.

**Q: How has Snabbit achieved its milestone? **A: Snabbit has achieved its milestone by reflecting the rising demand for on-demand domestic services and improving its financial discipline as it scales.

**Q: What does MobiKwik's profitability indicate? **A: MobiKwik's profitability indicates strong growth in its payments business, improved lending profitability, and continued focus on cost efficiency.

Conclusion

In 2026, the revival of traditional Indian games and significant funding updates for startups highlight the dynamic landscape of the startup ecosystem. Kreeda's efforts, coupled with milestones and funding rounds, underscore the growing interest in preserving cultural heritage and fostering innovation.

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