Runway Months
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Investors

Investors on Runway Months: Sequoia/Peak XV, Accel India, Lightspeed, Nexus, Blume and Elevation.

Profiles

Investors: Rapido has raised $240 million at a $3 billion valuation and is targeting an IPO within two to three years
Investors

Rapido Raises $240M at $3B Valuation, Targets IPO

Rapido has raised $240 million at a $3 billion valuation and is targeting an IPO within two to three years. The mobility unicorn, which began as a bike-taxi platform, now claims 70% of India's bike taxi market and has expanded into autos, cabs, and deliveries.

12 Sep 2026
Investors: Adobe has acquired the Peak XV Partners-backed AI martech startup Rilo for an undisclosed sum
Investors

Adobe Acquires AI Martech Startup Rilo

Adobe has acquired the Peak XV Partners-backed AI martech startup Rilo for an undisclosed sum. The startup, which had onboarded 10,000 users, will shut down its platform and its team will join Adobe to help integrate its agentic AI capabilities into Adobe's enterprise suite. This is Adobe's second acquisition of an Indian startup.

3 Sep 2026
Investors: Global proptech funding is on pace to match 2025 levels at about $8.7 billion, far below the 2019 peak
Investors

Proptech Funding Stabilizes in 2026 with AI

Global proptech funding is on pace to match 2025 levels at about $8.7 billion, far below the 2019 peak. Investors are now highly selective, favoring AI-driven construction, green steel, and transaction infrastructure startups with clear ROI, with four of the year's five largest deals happening outside the U.S.

1 Sep 2026
Investors: InsuranceDekho and RenewBuy have merged to create India's largest AI-enabled insurance distribution platform
Investors

InsuranceDekho and RenewBuy Merge to Form

InsuranceDekho and RenewBuy have merged to create India's largest AI-enabled insurance distribution platform. The combined entity, led by InsuranceDekho CEO Ankit Agrawal, claims a premium book exceeding ₹6,600 Cr and over 6 Lakh digital partners.

1 Sep 2026