Hyderabad Startup TakeMe2Space Secures $5 Mn to Power AI  Data Centres in Space 

Hyderabad startup TakeMe2Space secures $5 Mn

Hyderabad-based space technology startup TakeMe2Space has successfully raised $5  million in a seed funding round, led by Chiratae Ventures. This round also attracted  investments from Unicorn India Ventures, Artha Venture Fund, and Seafund. This  funding represents a significant step forward in the company’s ambition to create  India’s inaugural orbital data centre infrastructure and enhance AI computing  capabilities directly in space. 

The funds will be allocated towards expanding TakeMe2Space’s satellite constellation,  bolstering in-orbit AI computing capabilities, and accelerating research into high-power  compute satellites that can manage advanced workloads beyond our planet. 

Launch of MOI-1 Satellite Marks the Beginning of OrbitLab Vision 

Founder and CEO Ronak Kumar Samantray expressed optimism as 2026 kicks off with  the anticipated launch of the company’s first major satellite, MOI-1, which will power its  OrbitLab platform. He mentioned that the company is transitioning from a single  satellite-based solution to a comprehensive, interconnected satellite infrastructure. 

The 14-kg MOI-1 satellite is set to launch on January 12 aboard ISRO’s PSLV C-62  mission. Equipped with the MIRA space telescope, this satellite is designed to operate  as an ‘AI lab in space,’ enabling around 15 customers to conduct experiments and run AI  workloads in orbit. 

Future Plans Include Satellite Replication and New Missions Looking ahead, TakeMe2Space aims to launch MOI-2, which will replicate the  capabilities of MOI-1 and boost the company’s total in-orbit compute capacity to nearly 

200 watts. Additionally, the upcoming AaduSat mission will focus on demonstrating  propulsion systems for orbit maintenance and validating optical satellite  communication links. 

The AaduSat mission will also explore the use of silicon-based solar cells in orbit,  presenting an alternative to the traditional triple-junction gallium arsenide cells typically  employed in space applications. 

Creating a Distributed Data Centre in Space 

Founded in 2024, TakeMe2Space is dedicated to developing high-compute satellites  and an orbital platform that enables customers to deploy and operate AI models  directly in space. The company’s goal is to democratise access to space-based  experimentation, allowing users from various backgrounds to conduct satellite  missions without institutional barriers. 

As part of its long-term vision, the startup plans to deploy six satellites to support the  OrbitLab platform. Collectively, these satellites will provide nearly 5 kilowatts of in-orbit  compute capacity and will be interconnected through optical inter-satellite links, laying  the groundwork for a distributed space-based data centre. 

Team Expansion and Global Market Strategy 

Samantray highlighted that expanding the team will be a top priority in the coming  months, with plans to increase the workforce from 17 to approximately 50–60  employees across engineering and sales roles. The funding will also facilitate  TakeMe2Space’s growth in India, the United States, and Australia. 

The company intends to strengthen partnerships with ground station operators and  satellite assembly providers while enhancing customer support to promote the  adoption of its orbital computing services. 

Investor Confidence and Technological Validation\ 

Commenting on the investment, Ranjith Menon, managing director at Chiratae  Ventures, noted that TakeMe2Space is redefining access to orbit by transforming  satellites into shared infrastructure. He emphasized that the founding team’s strong  execution capabilities were pivotal in securing the investment. 

Previously, the startup successfully tested its MOI-TD (My Orbital Infrastructure – Technology Demonstrator) aboard ISRO’s SpaDeX mission in December 2024. This test  validated encrypted AI model uploads, in-orbit code execution, secure data  downlinking, and radiation shielding technology designed to extend satellite lifespan  using standard electronic components.

Canva partners with Shark Tank India to empower startup success through AI-powered visual storytelling

Canva partners with Shark Tank India

Canva, the world-renowned comprehensive visual communication platform, has officially declared a groundbreaking arrangement with Shark Tank India in the fifth season. As the title sponsor and co-presenting sponsor, Canva will offer Indian entrepreneurs the tools to take the most ambitious ideas to fruition in a combination of clarity, creativity, and confidence. This partnership is a major step that underscores Canva’s commitment to the Indian startup community, which is the fourth-largest market in the world. Canva is set to assist founders to transform their greatest ideas into stories that are powerful enough to captivate both investors and audiences alike, by incorporating its intuitive design technology in one of the most powerful business stages in the country.

Visual communication and partnership

Visual communication has ceased to be a specialized design capability, but is now a basic business capability in the contemporary business environment. This trend is justified by the findings of the Canva State of Visual Communication Report 2025, which discovered that eighty-nine percent of business leaders believe that visual fluency has become a must-have skill that should be possessed by professionals.

According to the report, 94% of Gen Z professionals in India express that they do their best when they have the opportunity to communicate visually. In the case of startups that have to strike a balance between investor pitches, brand development, and intra-company communication on a regular basis, the necessity of a single platform that enables these processes becomes more urgent than ever before. One of the most challenging tasks founders on Shark Tank India have to do is to prepare investor-ready pitch decks under enormous pressure. The Canva platform handles this by providing specialized workflows, including the Docs-to-Decks and Brand Kits, which ensure that all marketing materials are similar across the team.

Canva has also translated its platform into various local languages, such as Hindi, Bengali, Tamil, and Telugu, to serve the needs of the diverse Indian population in the local languages. This inclusivity enables teams to develop their brands and explain their business intentions in any language that they feel comfortable with, further democratizing the design process of any entrepreneur in the country.

Scaling ideas and authentic integration

The proposal of Canva in this collaboration is the introduction of sophisticated artificial intelligence into the service. Canva AI, Magic Write, and Ask Canva are tools that will enable the startup teams to collaborate and create much faster than before. These AI functions can allow founders to expand their activities without having to hire huge, full-time marketing or design teams at the outset of their development.

Shubhika Jain, who is the Brand Lead of India at Canva, says that the platform is at the intersection of ideas and actual implementation. She has observed that Shark Tank India offers a special place where this intersection is tried on a gigantic scale. The aim of the partnership is that the Indian founders will be able to sell themselves with confidence and possess the proper digital infrastructure to continue that momentum many years after their time in the Tank is over.

The experience of Canva in the fifth season of Shark Tank India will be heavily entrenched in real-life applications that are practical and based on the real-world experience of founders developing their own businesses. The platform will be promoted by daily summaries, weekly episodic highlights, and special wrap videos that are driven by the Canva AI technology. This is to make sure that the platform is not a passive sponsor but actively involved in the storytelling of the show.

In January, Canva will introduce a specific collection of templates titled As Seen on Shark Tank to expand this experience to the general audience. This will be made free to everyone as they will be able to use the same professional design format and techniques presented by the contestants in the television show to become an aspiring entrepreneur.

Canva is contributing to making a more visually fluent and effective startup culture by giving the next generation of Indian business leaders the ability to speak with clarity at a time when it counts the most. Building upon the national strength of Canva in a key market-growth area is a strategic step, as well as enhancing the notion that great design is a key ingredient behind any successful business pitch.

Conclusion

The collaboration between Canva and Shark Tank India Season 5 represents a disruptive event in visual communication in the Indian startup ecosystem. The combination of the high-stakes environment of the “Tank” with the freely available, AI-informed design tools of Canva is a collaboration aiming to make sure that all founders get a chance to tell their stories in the best way possible.

The initiative includes the whole range of entrepreneurial needs, starting with the support of regional languages and AI-based efficiency, and ending with the publication of professional pitch templates to the audience. The partnership allows founders to work on their primary goal, building powerful businesses, and enables them to have the visual storytelling that attracts the imagination of investors and the national audience.

AI Startup Aivar Secures $4.6 Mn Seed Funding To Scale AI  Services Across Key Markets 

AI startup Aivar secures $4.6 Mn seed funding

Funding Overview and Future Expansion Plans 

Aivar, an AI services startup based in Bengaluru, has successfully secured $4.6 million  (approximately INR 41.3 crore) in a seed funding round led by Sorin Investments, with  additional backing from Bessemer Venture Partners. This funding is a significant  milestone in Aivar’s journey as it gears up to broaden its operations in international  markets. 

The startup intends to utilise this new capital to enhance its footprint in India, the  United States, and the Middle East. A considerable portion of the funds will be directed  towards recruiting senior leadership and specialised AI professionals, which will  empower the company to bolster its delivery capabilities and facilitate large-scale  enterprise deployments. 

Founded by Former AWS Executives 

Established in 2024, Aivar was co-founded by a group of former AWS leaders—Kousik  Rajendran, Praveen Jayakumar, Ashwin Ram Ravichandran, and Aadharsh Ayappan. The  founders possess extensive expertise in cloud infrastructure, AI systems, and enterprise  technology, which has significantly influenced Aivar’s strategy in developing practical  and scalable AI solutions. 

Aivar positions itself as a contemporary alternative to traditional IT service firms, many  of which are still in the process of transitioning to AI-first delivery models. 

Comprehensive AI Services Approach 

Aivar functions as a full-stack AI services provider, assisting enterprises in designing,  deploying, and managing advanced AI, generative AI, data analytics, and cloud-native 

solutions. Unlike service providers that concentrate solely on development or  consultancy, Aivar supports its clients throughout the entire AI lifecycle—from strategy  and architecture to implementation and ongoing operations.\ 

The company recognises that today’s enterprises desire AI to be deeply integrated into  their business workflows rather than confined to limited pilot projects, and its offerings  are tailored to meet this evolving demand. 

Development of Reusable AI Platforms and Tools 

A portion of the funding will be allocated to enhancing Aivar’s technology stack by  creating reusable AI components and in-house platforms. These innovations will  include tools for voice-based AI systems, workflow automation, and AI infrastructure  management. 

By focusing on modular and reusable AI assets, Aivar aims to shorten deployment  timelines and enhance scalability, enabling enterprises to implement AI solutions more  swiftly and efficiently. 

Expanding Customer Base and Market Presence 

Despite being a relatively new player in the market, Aivar reports that it is already  collaborating with over 80 customers across various sectors. This early success  underscores a robust demand for AI-native service providers that can deliver flexibility,  speed, and tangible business outcomes. 

The company’s growth mirrors a broader trend where enterprises are moving beyond  mere experimentation and are actively embedding AI into their core systems. 

Increasing Investor Interest in AI Services 

This funding round arrives at a time of heightened investor enthusiasm for AI-first  service startups. Recently, Coreops.ai secured $3.5 million to enhance its engineering  capabilities, while B2B agentic AI startup Lyzr raised $8 million in Series A funding to  develop voice-agent solutions. 

India’s generative AI ecosystem is rapidly evolving and is anticipated to become a $17  billion opportunity by 2030. From 2022 to Q3 2025, AI-native startups in India have  raised over $1.6 billion, highlighting the sector’s strong momentum. 

With this funding, Aivar is well-equipped to scale its operations globally and make a  significant contribution to India’s burgeoning AI services landscape.

SoftBank recalibrates its strategy in the Indian startup ecosystem through tactical exits and technology

SoftBank India startup strategy shift

The Japanese investment powerhouse SoftBank, which used to dominate the Indian startup ecosystem with its high-frequency, large late-stage investments, is in the process of undergoing a major strategy recalibration. Quite to the contrary, the current dynamics of the firm demonstrate more of an advanced reset with the tactical exits and a shift towards the innovative technologies. As the investor keeps monetizing some of its old bets by partially and fully exiting them, it is also preparing another stream of investments. The emphasis on artificial intelligence, cloud infrastructure, and enterprise technology is a growing trend in this new phase of SoftBank in India, a part of a global trend of more disciplined and specialized investments in capital.

Strategic exits and core theme

SoftBank has been keeping its Indian investments active in 2025. The company has managed to divest, or sell off, several high-profile companies in several ways, including founder-led buybacks, selling on secondary markets, and investing in initial public offerings (IPOs). The most prominent examples are the sale of its stakes in Lenskart and Ola Electric, and a partial exit of InMobi with the help of a founder-led buyback.

The company has previously sold off posts in Delhivery and FirstCry as well. These exits have been much cash cows; reports show that SoftBank has recorded in excess of $7.2 billion in India exits, such as in public market sell downs in the key Yupana e-commerce players: Paytm, Policybazaar, and Zomato.

Even though such a number of transactions may exist, the management at SoftBank India has been vocal in resisting the claim that the company is withdrawing from the nation. Sumer Juneja, the India head of SoftBank, claims these exits are an indication of a growing ecosystem in which the company has to spend the capital in competition with IPOs.

Juneja has insisted that the company is not in exit mode but rather reacting to the positive market trends. The prolific number of monetizations is aimed at consolidating the balance sheet of SoftBank, which offers the required liquidity to invest in the next generation of startups in India.

The most significant part of the new strategy of SoftBank is a radical turn to the field of artificial intelligence. In 2023 and 2024, having been relatively idle and not having made any additional investments since 2025 beyond a follow-on round in Juspay, SoftBank is now considering a range of India-based AI platforms.

This emphasis on AI is not accidental but a fundamental subject of future bets. The company is also negotiating to join a $60 million round of financing of Emergent, an AI platform, and is considering investing in Neysa, an Indian AI cloud infrastructure company, with Blackstone. Such prospective deals are indicators of the definite inclination towards the use of platforms addressing the needs of enterprises, which are globally scalable, and whose model of revenue proves to be predictable.

This shift toward AI-driven opportunities is consistent with the overall global shift of SoftBank toward capital discipline and technological focus. The ability of the firm to get back to profitability in the 2025 fiscal year, with a profit of $7.4 billion, was a result of increased restrictions and new bets on AI and semiconductor-related industries.

This comes as a break to the times of 2021, when the “unicorn manufacturer” SoftBank financed 14 startups in a year. When dealing with smaller, more flexible cheques, the new approach is more selective, as there is a readiness to experiment with smaller cheques, especially at the early stages of deep-tech and AI companies. This elasticity is a strategic development of its earlier policy of only writing cheques of millions of dollars to late-stage ventures.

Broader ecosystem

Although SoftBank has taken a careful approach in recent usage, its past investment in India has been enormous, with over $10.6 billion invested in approximately 20 companies, among them being giants like Flipkart, Oyo, and Swiggy. It has a strong residual value in India, and several of its portfolio companies are likely to go through IPOs in 2026, including Flipkart and OYO.

This robust future listing pipeline implies that the period of high earnings of this company is not exhausted. Things are different; currently, SoftBank has to compete with larger Indian conglomerates diversifying into green energy, healthcare, and data centers.

The wider ecosystem is already changing to accommodate the deep-tech and AI-oriented business that SoftBank is currently seeking. Advanced technologies are finding a fertile ground due to the emerging new deep-tech funds and government-led policy measures.

Though SoftBank has been silent over the recent past, there is a history of the company to engage in aggressive investing once it finds companies that can scale up to massive levels. With Indian entrepreneurs continually seeking additional ways to bring value with the help of AI, SoftBank is putting itself in a position where the capital will be available when the time is appropriate, which could be later in 2026 or 2027.

Conclusion

The present position of SoftBank in India is one of disciplined transition as opposed to retreat. The firm is planning a future sustainability and tech-oriented future by aggressively monetizing established investments and concentrating on the rapidly growing AI and enterprise technology markets. The success of its previous strategy of the big bet can be seen by its ability to get exit proceeds of up to $7.2 billion, and its present focus on startups such as Emergent and Neysa offers a more focused future-oriented investment lens. With the Indian startup ecosystem coming of age and shifting to deep-tech and AI, the revised strategy of SoftBank means that it will remain a key, though more risk-averse, outlier of the technological growth in India.

Haircare Startup &Done Secures $3 Mn To Expand Retail And  Salon Presence 

Haircare startup &Done secures $3 Mn

Premium professional haircare brand &Done has successfully raised $3 million (around  ₹26.9 crore) in a Series A funding round led by RTP Global, achieving a post-money  valuation of approximately ₹125 crore. This funding round also saw contributions from  All In Capital, Suashish, and notable angel investors, including Kitty Agarwal from Info  Edge Ventures, Kunal Bahl and Rohit Bansal, co-founders of Titan Capital, and Puneet  Kumar, CEO of Mirae Asset Venture India. 

The Gurugram-based startup had previously secured ₹6–6.5 crore in a pre-seed funding  round led by All In Capital and MG Investments in late 2025. With this new investment,  &Done aims to enhance its product offerings, strengthen partnerships with salons  across India, and ramp up brand-building efforts. 

Emphasis on Research, Team Growth, and Brand Awareness 

The company plans to allocate the new funds primarily towards accelerating research  and product development, expanding its internal team, growing its salon network, and  investing in marketing and brand awareness initiatives. A portion of the funding will also  be directed towards fostering collaborations with professional salons and stylists in key  markets. 

Co-founder Saumya Yadav highlighted that salons are pivotal to &Done’s growth  strategy. The brand aims to adopt a salon-first model while gradually expanding its retail  and direct-to-consumer (D2C) presence. The founders believe this strategy will help  maintain product credibility and facilitate consumer adoption. 

Tailored for Indian Hair and Climate 

Founded in 2023 by Saumya Yadav and Atit Jain, &Done is a science-driven professional  haircare brand specifically designed for Indian hair types and climatic conditions. The 

company creates biotech-powered formulations using globally sourced active  ingredients from laboratories in Japan, the UK, and the US, while manufacturing its  products in Hyderabad. 

The founders recognized a significant gap in the Indian salon ecosystem, where  imported haircare products are often tailored for Caucasian hair and temperate  climates, while many local brands fall short in performance and formulation quality.  &Done aims to fill this gap by developing high-performance products tested in real  Indian salon environments with professional stylists and consumers. 

Growing Salon Network and Retail Footprint 

Currently, &Done’s professional range is available in over 500 premium salons across  major markets, including Delhi NCR, Karnataka, Tamil Nadu, Uttar Pradesh, Telangana,  and Hyderabad. Within less than a year of its launch, the brand has established a robust  salon presence, offering four professional SKUs and two retail products. 

The company ventured into the D2C space about six months ago with a limited range  that includes shampoo, conditioner, and serum variants. These products are accessible  through its website, online marketplaces, and select offline channels. Several product  launches are planned for the upcoming year as &Done aims to expand its retail  offerings. 

To date, the brand claims to have served around 15,000 customers through its website  and an additional 35,000 customers via online marketplaces, alongside its growing  salon clientele. 

Market Potential and Competitive Landscape 

This funding round comes at a time of increasing investor interest in India’s D2C and  professional haircare sectors. According to industry reports, the Indian haircare market  is projected to grow at a compound annual growth rate (CAGR) of over 11% between  2025 and 2033, with the professional haircare segment expected to reach nearly $960  million by 2031. 

&Done faces competition from both global and domestic brands, including Olaplex,  Redken, Nexxus, Moxie, and other emerging premium haircare brands. However, the  company believes its India-first, salon-tested, science-led approach provides a unique  advantage in an increasingly competitive market. 

“Our aim is to redefine what ‘Made in India’ signifies in the realm of professional  haircare. Indian hair deserves its own dedicated laboratory,” co-founder Saumya Yadav  remarked.

Levelized Tariffs for Solar, Hydro, Biogas, and Co-Gen Projects Set by CSERC 

CSERC levelized tariffs

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has proactively  issued an order that establishes generic levelized generation tariffs for renewable  energy projects for the financial year 2025-26. This new directive is applicable to  projects that reach their Commercial Operation Date (COD) within the first year of the  2025 control period. The technologies included in this initiative encompass small hydro  projects, non-fossil fuel-based co-generation plants, biogas power projects, and solar  photovoltaic (PV) projects ranging from 0.5 MW to 2 MW. 

Understanding Useful Life and Tariff Structure 

To determine the tariff period, CSERC has outlined the “useful life” for each type of  project. Small hydro projects are assigned a useful life of 40 years, whereas solar PV,  biogas, and co-generation projects are designated a lifespan of 25 years. Most projects  will operate under a single-part tariff model, with the exception of biogas and co generation plants, which will implement a two-part tariff structure that includes both  fixed and variable charges to better reflect operational realities. 

Financial Parameters Set by the Commission 

The Commission has established essential financial parameters to assist in tariff  calculations. A uniform debt-equity ratio of 70:30 has been applied across the board.  For FY 2025-26, the loan interest rate has been set at 10.99%, calculated based on the  State Bank of India’s Marginal Cost of Funds-based Lending Rate (MCLR) plus an  additional 200 basis points. Depreciation is permitted up to 90% of the project’s capital  cost, with an annual depreciation rate of 4.67% for the first 15 years. Additionally, the  return on equity has been fixed at 15% for small hydro projects and 14% for other 

renewable technologies, adjusted for the current Minimum Alternate Tax (MAT) of  17.472%. 

Capital Costs and Operational Expenses 

Capital costs vary among different technologies. For small hydro projects up to 5 MW,  the normative capital cost is set at ₹890 lakh per MW, while projects ranging from 5 MW  to 25 MW are pegged at ₹1,027 lakh per MW. Solar PV projects are estimated at ₹3.5 crore per MW, and biogas projects incur the highest costs at ₹1,354 lakh per MW.  Annual operation and maintenance (O&M) expenses are defined and are expected to  increase by 5.25% each year, ranging from ₹9.26 lakh per MW for solar PV to ₹76.04 lakh  per MW for biogas projects. Performance norms, including Capacity Utilisation Factor  (CUF) and Plant Load Factor (PLF), are established at 30% for small hydro, 21% for solar  PV, and 90% for biogas. 

Levelized Tariffs for the Financial Year 2025-26 

The finalized levelized tariffs for the financial year 2025-26 are as follows: – Small Hydro Projects: ₹7.42/kWh to ₹8.07/kWh, depending on the size. – Solar PV Projects (0.5–2 MW): ₹3.39/kWh. 

– Non-Fossil Fuel Co-Generation Plants: Fixed cost ₹4.50/kWh, variable cost  ₹4.93/kWh. 

– Biogas-Based Projects: Fixed charges ₹4.88/kWh, energy charges ₹6.00/kWh. Engaging Stakeholders for Feedback 

CSERC has encouraged stakeholders to share their comments or suggestions regarding  the proposed tariffs by January 20, 2026. A formal hearing is scheduled for January 22,  2026. This order is anticipated to bring clarity and financial stability to renewable energy  developers in Chhattisgarh, bolstering the state’s ongoing initiatives to enhance its  clean energy capacity and foster sustainable development.

Beauty Startup Antinorm Secures ₹28 Cr to Drive Product  Innovation 

Antinorm raises ₹28 Cr funding

Antinorm, an intentional beauty startup, has successfully raised ₹28 crore in a Seed  funding round, spearheaded by Fireside Ventures, with robust backing from existing  investors V3 Ventures and Rukam Capital, both of whom have reaffirmed their  commitment by increasing their investments. This funding round underscores the  growing investor confidence in Antinorm’s mission to create high-performance,  multifunctional beauty products that streamline routines while delivering impressive  results. 

Since its recent launch, Antinorm has experienced significant early success, driven by a  surge in consumer demand and swift adoption across various channels. Motivated by  this positive momentum, the brand has opted to secure additional capital to fast-track  its growth and broaden its operational reach. 

Tapping into India’s Flourishing Beauty Market 

The beauty and personal care market in India is anticipated to expand to $30 billion by  2027, presenting vast opportunities for brands that prioritise innovation, performance,  and efficiency. Antinorm is determined to establish a unique niche in this landscape by  catering to the needs of contemporary Indian consumers who desire effective solutions  without the burden of complicated routines. 

The brand’s product philosophy focuses on multifunctionality, climate-conscious  formulations, and time efficiency, making it particularly suited to the diverse lifestyles  and conditions in India. 

Strategic Utilisation of Funds

The newly acquired funds will be allocated to three primary areas of focus. A substantial  portion will be directed towards platform expansion and research and development,  which includes enhancing Antinorm’s digital ecosystem, scaling its direct-to-consumer  (D2C) operations, and increasing its presence in both online and offline markets. 

Additionally, the company plans to invest significantly in talent acquisition, aiming to  strengthen its teams in product development, growth, internal R&D, and operations to  support its next growth phase. A portion of the funding will also be reserved for working  capital, ensuring a consistent supply of high-demand products as consumer interest  continues to climb. 

Antinorm’s Upcoming Product Launches and Consumer Loyalty Growth 

Antinorm is poised for a pivotal year ahead, with plans to unveil up to seven new  category-defining products spanning beauty, personal care, and innovative hybrid  formats. Since its inception, the brand has demonstrated consistent month-on-month  growth, bolstered by strong repeat purchase behaviour. 

The company reports achieving double-digit repeat purchase rates month-on-month,  reflecting an increase in consumer trust and loyalty—an essential metric for  sustainable brand development in the competitive beauty industry. 

Insights from Investors and Founders 

Varun Varma, Principal at Fireside Ventures, commented on the investment, highlighting  that Antinorm distinguishes itself as a multifunctional skincare brand centred around  climate-conscious design and efficiency. He emphasised that the brand’s deep  consumer insights, early traction, and commitment to functional, high-performance  products were pivotal in Fireside’s investment decision. 

Aparna Saxena, Founder and CEO of Antinorm, expressed that the brand was designed  to simplify beauty for women seeking visible results without the stress of complexity.  She noted that Antinorm has received positive consumer feedback since its launch,  alongside industry accolades, including recognition as the Estée Lauder BEAUTY&YOU  India winner for Best In-Market Beauty Brand, along with a strategic grant. 

With fresh funding secured, Antinorm is set to continue developing multifunctional  beauty solutions that address the real-world challenges faced by Indian women. By  merging innovation, performance, and simplicity, the startup is positioning itself to emerge as a formidable player in India’s rapidly evolving beauty and personal care  landscape.

Startup Registration Process in India Explained for Beginners

Startup registration process in India

Introduction:

Starting a business in India can be exciting, but it’s also compliance-heavy, and there are several steps to get started. The government has launched numerous initiatives, such as the Startup India scheme launched in 2016. Startups that register under the program receive government backing, including funding assistance and tax breaks.

If you’re a beginner, understanding the startup registration process is important. It makes your business official and also opens doors to funding and other opportunities. In this article, we will cover everything from eligibility to procedure, documents required and benefits, along with mistakes to avoid. 

Eligibility Criteria for Startup Recognition:

The Startup India scheme is like a helping hand from the government. It officially recognises qualifying companies and provides advantages such as easier access to loans. The procedure is handled by the Department for Promotion of Industry and Internal Trade (DPIIT) on an online portal. 

It’s not mandatory to register, but it gives your company an edge, especially if you want to grow. DPIIT has set certain rules that your business should follow to get recognition by it. These rules ensure that the business is genuine enough to get the benefits.

  • Age Limit: Your company must be young, with existence of less than 10 years from the date it was originally incorporated. For those in biotechnology, the limit is 15 years, since they need more time for development
  • Type of Company: You need to form a Private Limited Company, LLP (Limited Liability Partnership), or a regular Partnership. Other types, like sole ownership, won’t work.
  • Turnover limit: Your yearly sales (turnover) can’t exceed Rs 100 crore in any year.
  • Based in India: The company must be started here and not come from breaking up an old business.
  • Original Ideas: Your work has to be about a new product, service or process that is innovative and can be scaled. It can’t just be a copy of what’s already there.

Registration process:

Step 1: Establish Your Business Entity

This is the foundation. You cannot apply for Startup India recognition if your company doesn’t exist on paper. Begin by registering your company with the Ministry of Corporate Affairs (MCA) via their website. 

  • Decide on the structure: Private Limited is common because it protects your personal money if things go wrong.
  • Get Digital Signatures (DSC) for the people running the company. It’s like a secure online ID.
  • Apply for Director IDs (DIN) for each leader.
  • Pick and reserve a company name using the SPICe+ online form.
  • Prepare key papers like the company’s goals (MoA) and rules (AoA).
  • Submit everything, pay a small fee (Rs. 1,000 to Rs. 5,000 based on size), and receive your official setup certificate plus tax ID. An incorporation certificate, often issued within days if everything checks out.

Step 2: Sign Up on the Startup India Site

After your company is official, go to www.startupindia.gov.in.

  • Sign up with your email or phone.
  • Add basic information about your business.
  • Verify with an OTP sent to your phone. 
  • Set up your profile (optional). Now you have your personal dashboard.

This gives access to free services like expert advice and event invites.

Step 3: Get Official Startup Recognition

Initiate the application for the DPIIT certificate.

  • Log in and from your account, select the recognition option.
  • Enter details like start date, name, identification number, sales, and explain your unique idea briefly.
  • Upload needed files and submit, no cost involved.

Precision here avoids unnecessary delays. They check it quickly and answer back often in 10-15 days.

Step 4: Describe your uniqueness

You can also provide a brief on your idea and how it’s going to add value over the existing ideas and growth plans, and its impact. Submit this in the form of a short document or slide deck, and keep it short and precise, ideally 500-1000 words.

The next step is to combine all files in digital form within file size guidelines. Submit Your Application and review for accuracy, then submit it. There’s no fee for the recognition itself, though setting up your entity might involve minimal costs. You’ll get a reference number for tracking.

Step 5: Monitor for approval

DPIIT typically reviews within 10-20 days, possibly requesting clarifications.

  • Download your certificate from the portal after it has been accepted. When your application is unambiguous and straightforward, it might be granted faster, sometimes within 48 to 72 hours.
  • This certificate will contain a DPIIT Recognition Number, which you will use for all future benefits.

Step 6: Go for Tax Benefits If Needed

You can also apply for tax relaxation under rules like Section 80-IAC. This means no tax on earnings for three years.

  • Submit a plan showing your future goals and money forecasts on the same site.
  • A team reviews it, which might take a couple of months.

Documents required:

Gather these early to speed things up. Everything goes online. If you’re from abroad but starting here, add visa-related stuff. Keep files small and clear.

  • Certificate of Incorporation or Registration: From the MCA to establish your business. Evidence of the establishment of the company, for example, a copy of a certificate issued by the Registrar of Companies (ROC)/Registrar of Firms.
  • Authorisation Letter printed on your company’s official letterhead. It states that the company authorised the person filling the form. It must be signed and stamped.
  • Memorandum of Association (MoA) or LLP Deed: Which outlines your business rules.
  • Tax IDs for the business and leaders. IDs like Aadhaar for the main person.
  • Proof of address, such as a bill or lease and bank information.
  • Income Tax Returns (ITR): Of the past three years, if filed. New startups can skip or submit nil returns.
  • Business Description: A PDF on innovation, model, and scalability.
  • Profiles of Directors / Partners: Name, DIN (Director Identification Number), etc.

Benefits of Registering as a Startup:

  • Money Savings: Tax-free profits with no extra tax on early investments up to Rs 25 crore.
  • Funding Ease: Government schemes provide money or guarantees for loans without needing assets.
  • Idea Protection: Faster patent approvals with lower fees, allowing decisions in months, not years.
  • Fewer Rules: Skip some checks on labour and environment for five years.
  • Business Opportunities and Connections: Link up with guides and other startups through the program.

Mistakes to avoid during registration:

Join online groups for advice, and use free guides. Watch out for fake services and platforms, stick strictly to official sites. If your registration application gets denied, fix it and try again. Many big names faced this challenge before succeeding.

  • Ignoring Eligibility: Apply only if you meet the criteria. Without innovation, rejection is common.
  • Documents Not Fully Completed: Make sure that the name appears exactly as it does on your ID and certificate of incorporation. Even a typo can prompt a query.
  • Uploading Unsigned Documents: The Authorisation Letter and other declarations must be physically signed and stamped before scanning.
  • Money Planning: Don’t wait for recognition to start. Use personal savings or family funds first.
  • Skipping Professional Help: If unsure, get advice to avoid resubmissions.

Avoid these, and approval is smoother. Many reapply due to small errors, wasting weeks.

Conclusion:

Registering as a startup in India is a strategic step that equips your venture with essential tools for success. From forming your company to earning that DPIIT recognition, it’s a long yet beneficial process. When you meet the criteria, follow the steps, source documents and avoid mistakes, to become eligible and grow within a supportive environment. In this article, we discussed the startup registration process in India for beginners.

FAQs:

What is startup registration in India?

Startup registration is the process of legally registering your business and getting recognised as a startup by the Indian government to access benefits and support.

Who can register as a startup in India?

Any individual or group planning to start a new business with an innovative idea can register as a startup, as long as they meet the eligibility rules.

Is startup registration mandatory in India?

No, it is not mandatory, but registration helps startups get tax benefits, funding support, and easier compliance.

Which business structure is best for a startup?

Most startups choose a Private Limited Company, LLP, or One Person Company based on funding needs and ownership plans.

How long does the startup registration process take?

The process usually takes a few days to a few weeks, depending on the type of business and document readiness.

What documents are required for startup registration?

Common documents include identity proof, address proof, business address details, and incorporation certificates.

What is Startup India registration?

Startup India registration is government recognition that allows eligible startups to enjoy tax exemptions, funding schemes, and legal benefits.

Can a home-based business register as a startup?

Yes, a home-based business can register as a startup if it meets the eligibility and legal requirements.

Is GST registration required for startups?

GST registration is required only if your startup crosses the turnover limit or operates in GST-mandated categories.

Do startups get tax benefits after registration?

Yes, registered startups may get income tax exemptions and other benefits if they qualify under government rules.

Satya Solar Launches AI-Powered App and Brand Ambassador  to Revolutionise Solar Customer Services in India

Satya Solar launches AI-powered app

Mumbai’s own Satya Solar Systems Pvt. Ltd., a proud partner of Tata Power Solar, has  launched its innovative Satya Solar Mobile Application on December 15, 2025. This  launch is complemented by the introduction of “Satya AI,” an AI-powered Brand  Ambassador designed to offer round-the-clock customer support and tailored solar  advice. This dual initiative marks a significant transformation in India’s solar industry,  shifting from a focus on installations to a service-oriented, technology-driven model  that emphasises long-term customer satisfaction and engagement. 

Bridging the Gaps in Solar Services 

Despite the rapid growth of rooftop solar installations in India, after-sales services have  often been inconsistent and fragmented. Customers frequently encounter delays and  difficulties with maintenance, panel cleaning, inspections, performance monitoring,  and resolving complaints, which can erode trust and diminish overall satisfaction. 

A thorough nationwide feasibility study by 3EA Global, which surveyed 300 individuals  from various regions, confirmed these issues. The research pinpointed two major  obstacles: the absence of structured post-installation services and a lack of awareness  regarding government solar subsidies. Many customers found it challenging to receive  timely assistance, while others were unaware of incentives that could significantly  lower their adoption costs. 

Data-Driven Business Model by 3EA Global

In response to these findings, Satya Solar has embraced a digital-first, service-oriented  business model aimed at tackling these challenges head-on. 3EA Global played a  crucial role in shaping the entire business framework, service architecture, and growth strategy, leading to the creation of the Satya Solar Progressive Web Application (PWA).  This platform supports customers throughout the entire solar lifecycle, from installation  to long-term ownership. 

Dr. Vibhor Mishra, CEO of 3EA Global, pointed out that the primary hurdle in India’s  solar sector is the post-installation service. “Service delays, lack of accountability, and  the absence of structured support continue to undermine customer confidence. The  Satya Solar PWA and Satya AI are the results of a scalable, future-ready business model  designed to bridge these gaps,” he stated. 

Key Features of Satya Solar PWA and Satya AI 

The Satya Solar PWA provides a seamless app-like experience across various devices  without the need for heavy downloads. Customers can easily schedule cleaning,  inspections, maintenance, and performance checks, all backed by a commitment to  24-hour service. The platform also educates users about solar subsidies, offering  guidance on eligibility, benefits, and application processes, while incorporating  engaging features like Play & Earn and Refer & Earn to enhance user interaction. 

Satya AI, the AI-driven Brand Ambassador, offers instant, personalised advice, responds  to queries in real-time, and educates customers on solar economics, maintenance, and  available subsidies. Mr. Parth Gupta, Founder of Satya Solar, remarked, “Today’s  customers expect immediate responses. Satya AI introduces speed, intelligence, and  consistency into solar customer service, ensuring that every user receives accurate  guidance whenever they need it.” 

Setting New Standards in Solar Services 

Promoted as “Service ka Superstar,” Satya Solar prioritises accountability,  responsiveness, and lifelong engagement. While its collaboration with Tata Power Solar  provides technological robustness, the company distinguishes itself through its service oriented business model. By institutionalising after-sales support from installation  through the entire lifespan of the system, Satya Solar is fostering transparency, trust,  and customer confidence. 

With the launch of the Satya Solar PWA and Satya AI, the company is set to redefine the  solar retail landscape in India, establishing a scalable, service-driven, and AI-enhanced  model that aligns with the nation’s renewable energy objectives and encourages informed, supported, and sustainable solar adoption.

Auri Grow India launches CarbonKrishi, an AI-powered platform leading to agricultural innovation

Auri Grow India launches CarbonKrishi

Auri Grow India Limited, a leading agri-technology and export-driven company headquartered in Indore, has formally announced the introduction of its revolutionary AI-powered carbon credit system. This new digital ecosystem is called CarbonKrishi and is expected to transform the way Indian agriculture relates to the global environmental markets. With a leadership team led by Pratik Kumar Patel and a focus on a verifiable environmental impact, CarbonKrishi will be able to restructure climate-positive farming into a trusted income source for the farmers and a new asset-light growth path for the company in the global agricultural economy.

Transparency and accuracy

The site CarbonKrishi is developed on the basis of the most advanced technologies, such as artificial intelligence analytics and high-resolution satellite images. Using these tools, Auri Grow India can be able to easily monitor and estimate the carbon impact on an individual farm. The platform is not solely based on the use of technology, but it incorporates data about comprehensive crops and soil in order to deliver an all-inclusive picture of the agricultural landscape.

The system employs digital reporting systems that are designed to be transparent and accurate. These reporting mechanisms are crucial to the recording of the specific practices embraced by farmers to enable the AI to assess the role of different techniques used in agriculture to capture or mitigate carbon or emissions. This data-centric model is such that it has carbon credits that are supported by verifiable scientific evidence.

Strategy and economic framework

One of the elements of the strategy of Auri Grow India will be the massive scaling of its operation to reach approximately one lakh farmers. The company is especially targeting the intensive agricultural areas, and in cases where carbon impact and sustainable change have the most potential, they are targeting these areas.

Onboarding so many participants, CarbonKrishi aims to establish a local and, at the same time, extensive network of climate-aware cultivators. The main objective of this program is to empower these farmers by opening up productive incremental income. To a large portion of the agricultural industry, the site has become an additional channel of financial expansion that was unattainable before and made environmentally friendly farming techniques a physical economic resource.

Auri Grow India and the participating farmers have a major financial implication in the CarbonKrishi platform. According to the estimated figures and subject to verification results and price fluctuations in the global carbon market, the company believes that the concerted efforts of the onboarded farmers would yield a gross annual credit amount of carbon between ₹16 crore to ₹50 crore.

In this economic system, Auri Grow India has developed a participation or commission share structure of about 20% to 30%. This planned revenue share is estimated to bring about a possible annual revenue of ₹3 crore to ₹10 crore to the company. This model is a scalable and light asset revenue stream, which enables the firm to expand with the prosperity of the farmers it serves.

Conclusion

The launch of CarbonKrishi by Auri Grow India Limited is a significant transition to tech-based sustainability in the Indian agritech industry. The Indore-based company has developed a system of soil data, satellite images, and AI-driven analytics to enable a path through which one lakh farmers can receive the gains of carbon credits on the global market. The estimated ₹50 crore per annum valuation shows how sustainable land management holds a huge economic potential that is latent.

RoadGrid secured ₹12 crore in a pre-series A funding round led by Venture Catalysts

RoadGrid secures ₹12 crore pre-Series A funding led by Venture Catalysts investment announcement

In a landmark development that supports the faith of investors in this industry, RoadGrid, the leading startup focused on electric vehicle charging infrastructure, has been able to raise ₹12 crore (approximately $1.33 million) in its recent pre-Series A financing. This capital injection is a turning point in the company because it will have to reinforce its technological strength and increase the size of its physical locations nationwide. Venture Catalysts, an established startup investment firm, led the funding round and was joined by a diverse and strategic group of investors, which underscores the wide appeal of the unique approach to the charging problem which RoadGrid has offered to EV users nowadays.

Usage of the fund

The investment round was also marked by a high concentration of institutional support, coupled with high-profile angel investors who think long-term viability of the business model of RoadGrid. Other well-known participants with Venture Catalysts in this round are Kamal Puri of the Skyline Group, IPV, FAAD Network, and LetsVenture.

Individual investors, such as Vrinda Goyal of Pace Group, Haresh Patel of Arthanomics and Maneesh Shrivastav of Alpha Value, were among those who supported the startup. This joint support not only gives RoadGrid the financial resources it needs but also a treasure trove of strategic knowledge in different sectors of the economy that will be crucial as the firm mounts the challenge of scaling up in the competitive market.

The successful completion of this pre-Series A round has provided RoadGrid with an objective and ambitious roadmap to use these proceeds. One of the main areas that the company will give attention to will be the expansion of its production capacity. With growing production capacity, the startup will be able to address the growing need for high-quality charging hardware that can be used by different types of cars.

A substantial part of the finance will be allocated to the growth of software integrations. The digital experience in the contemporary EV ecosystem is equally significant as the physical hardware, and RoadGrid is determined to make its systems run smoothly, conveniently, and be compatible with numerous third-party applications.

Charging stations will roll out more quickly across the nation, which will be the most visible result of this financing. RoadGrid aims to ensure a rapid pace in order to have a more detailed road grid that can facilitate both urban and highway travel. Through geographic growth, the company hopes to help lessen range anxiety among EV owners, which is so far one of the main challenges to the mass adoption of electric vehicles in India. The capital will enable RoadGrid to survey new areas, find collaborations and set up hardware much quicker than ever before in such a way that their charging solutions will be available to more drivers of various demographics.

Operational strategy and technological innovation

The core of the value proposition by RoadGrid lies in its focus on technology innovation, namely, its patented universal EV chargers. Among many other solutions that are restricted to certain types only, the hardware of RoadGrid is developed to work with a wide range of vehicle types, such as two-wheelers, three-wheelers and four-wheelers.

This cross-compatibility is a major strength in the Indian market, where the EV transition is occurring in more than one segment at the same time. RoadGrid maximises the utilisation of space and resources at the charging sites by providing a single charging point that is as useful in charging a scooter as a passenger car.

To complement such versatile hardware is the emphasis on software-driven operations by the company. RoadGrid is building an advanced cloud computing software platform that will take into account the complexities of the modern charging operations. The application will have a twofold purpose: it will give charge point operators the ability to remotely monitor and maintain their equipment, and will also enhance the end-user experience. By incorporating intelligent data and live tracking, the company makes sure that its charging network is stable, productive, and can deliver the user with the information needed to plan his/her trips with certainty.

The operational strategy of RoadGrid is founded on the strong dual-segmentation business model that enables the company to create value across the various segments of the EV value chain. The initial part of its business is the manufacturing and supply of chargers to EV Original Equipment Manufacturers (OEMs). This entails offering off-board and fast DC charging solutions that are branded to the demands of vehicle manufacturers.

The second category entails the direct installation and use of the public and commercial charging stations. This hybrid model will ensure that RoadGrid is not only a hardware vendor but also a major service provider in the public infrastructure arena.

The firm already has massive market penetration through active implementations in various strategic destinations. There are RoadGrid chargers in such cities as Indore and Noida, and at other sites of Indian Oil Corporation Limited (IOCL). The collaboration with larger state-owned projects, such as IOCL, is of special interest to this collaboration because it offers access to locations with high traffic to RoadGrid, which are critical to the successful public charging network. In addition to its present area, the startup boasts an authenticated pipeline of more than 1,000 chargers, which means that its future growth pattern is robust and the demand for its products and services is high.

Conclusion

The ₹12 crore being raised by the RoadGrid during this pre-series A round is a potent stimulus to the further development of the company. RoadGrid is filling in these infrastructure gaps that have traditionally hampered EV adoption by concentrating on universal hardware, cloud-based management software and a dual-market approach. With its ability to increase its manufacturing and its countrywide network, the company is well-placed to become the centre of transformation in the sphere of sustainable transportation in India.

Backed by a large team of strategic investors and an increasing pipeline of more than 1,000 chargers over the years indicates that RoadGrid is in a good position to address the changing demands of the electric vehicle ecosystem and become part of a cleaner, greener future of the country.

BankBazaar FY25: Revenue Rises to ₹249 Cr, Losses Drop to ₹23 Cr 

BankBazaar FY25 revenue ₹249 crore

Revenue Growth Accelerates 

BankBazaar, the online financial marketplace, has showcased impressive performance  for the fiscal year ending March 2025, with a remarkable 33% year-on-year surge in  operating revenue. The company’s revenue soared to ₹249 crore in FY25, up from ₹187  crore in FY24. When factoring in non-operating income of ₹5 crore, the total income for  the year reached ₹254 crore, a significant increase from ₹188 crore in the previous fiscal  year. 

This growth is attributed to BankBazaar’s intensified focus on its core services, which  include co-branded credit cards, credit score monitoring, and the cross-selling of third party loans and insurance products. CEO Adil Shetty pointed out that a substantial part  of this growth came from recurring revenue generated through credit card distribution  and subscription-based credit health services. 

Business Model and Operations 

BankBazaar primarily functions as an online marketplace for financial products,  allowing users to check their credit scores, compare loan offers, and access a wide  range of financial services. The company’s revenue is mainly derived from commissions  earned from banks for approved credit card and loan disbursals. 

In recent times, BankBazaar has placed greater emphasis on developing a subscription based model centred around credit health monitoring, which provides users with a  consistent stream of value-added services. This strategic shift not only enhances  customer retention but also contributes to a more predictable recurring revenue  stream, which now stands at approximately ₹210 crore annually.

Cost Structure and Operational Expenses 

While revenue has increased, BankBazaar’s total operating expenses also rose to ₹165  crore in FY25, up from ₹100 crore in FY24. Employee benefit expenses saw an 8%  decline to ₹61 crore, indicating improved workforce cost management and efficiency.  Advertising and marketing expenses remained stable at ₹14 crore, ensuring brand  visibility without excessive spending. However, finance costs surged by 40% to ₹14  crore, leading to total expenses climbing 29% year-on-year to ₹278 crore. 

The company’s expenditure patterns reflect a careful balancing act—investing in growth  and platform expansion while optimising overheads and employee-related costs. 

Reduction in Losses 

Despite the increase in expenses, BankBazaar successfully reduced its net losses by  13%, reporting a net loss of ₹23 crore in FY25 compared to ₹26.5 crore in FY24. The  EBITDA margin improved to negative 4.42%, indicating enhanced operational efficiency.  On a unit economics level, BankBazaar spent ₹1.12 to generate every rupee of operating  revenue, showcasing progress towards sustainable business operations. 

Balance Sheet and Liquidity 

At the end of FY25, BankBazaar reported current assets of ₹140 crore, which included  ₹11 crore in cash and bank balances. This robust liquidity position enables the  company to support its ongoing operations and fund its expansion plans effectively. 

Funding and Investor Support 

Since its inception, BankBazaar has successfully raised $133 million from notable  investors, including Peak XV Partners, Amazon, and Walden International. These funds  have been instrumental in bolstering the company’s technology platform, product  development, and growth initiatives across credit cards, loans, and insurance  marketplaces. 

With continued emphasis on higher-margin offerings, recurring revenue streams, and  disciplined cost management, BankBazaar is well-positioned for further profitability.  The company aims to expand its footprint across India, enhance its subscription model,  and explore additional value-added financial services. With a strong technology  platform and an expanding customer base, BankBazaar is solidifying its status as a  leading online financial marketplace in the country.