B2B ecommerce platform Udaan is negotiating a $50-60 million bridge from existing backers Lightspeed and M&G at a flat $1.8 billion valuation. Likely its last private round before an IPO targeted 15-18 months post-profitability. FY25 revenue hit Rs 4,561 crore; losses narrowed to Rs 1,055 crore as Ebitda burn fell 40%.

ET Retail · 5/25/2026, 5:26:27 AM

Deepinder Goyal's wearable venture Temple has signed Zetwerk and Ethereal Machines as contract manufacturers to scale its brain-health monitoring device, after shipping the first 100 units. The startup plans domestic and US market expansion, riding a wearables category projected to hit $4.4 Bn by 2034 at 14.9% CAGR.

Inc42 · 5/21/2026, 10:30:13 AM

Deepinder Goyal's wearable startup Temple has signed manufacturing partnerships with Zetwerk and Ethereal Machines to ramp production past its initial 100-device batch, targeting Indian and US consumers. The company has raised $54M at a $190M valuation from Peak XV, Info Edge, Vy Capital and Steadview.

Business Today · Latest · 5/21/2026, 5:16:41 AM

Bengaluru captured 98% of Karnataka's $868M Q1 haul across 117 deals. Retail/D2C drew $275M, led by Marico's $24.9M buyout of nutrition brand Cosmix and Shadowfax's IPO at $782M mcap. Seed funding rose 51% QoQ to $137M, while late-stage slipped 43% to $317M.

The Hindu BusinessLine · 5/19/2026, 1:33:31 PM