Fifteen deals closed across consumer and fintech, with food brand Anveshan, abcoffee, Fairdeal.Market, Yes Madam and Yoho headlining. PhonePe held 46.2% UPI volume share in April; MobiKwik secured PA-P licence; Pushp filed DRHP with a 7.44M share OFS; 28% GST on online gaming was upheld.

Entrackr · Newsletter · 5/30/2026, 5:35:13 AM

Indian startups closed 14 deals worth $52 Mn this week, with retail-linked rounds dominating: Fairdeal.Market raised a $15 Mn Series A for B2B ecommerce, abCoffee secured $6.4 Mn Pre-Series B, and Yes Madam pulled in $5.2 Mn. D2C jewelry brand GIVA and apparel player Yoho also closed undisclosed rounds despite the broader 44% weekly decline.

Inc42 · Buzz · 5/30/2026, 3:33:02 AM

India's weekly VC tally slumped to a 2026 low of $66M across 16 deals, but consumer-facing names still drew checks. B2B quick commerce platform Fairdeal.Market secured $15M, coffee chain abcoffee pulled in Rs 61 cr, and home-salon brand Yes Madam raised Rs 50 cr from Info Edge's growth fund.

YourStory · 5/29/2026, 2:31:37 PM

B2B quick commerce platform Fairdeal.Market led retail raises in the March 23-29 window with a $15M Series A, alongside abcoffee (Rs 61 cr) and home-salon platform Yes Madam (Rs 50 cr from Info Edge). Total weekly VC inflow fell to $66M across 16 deals, the lowest of the year.

YourStory · Capital · 5/29/2026, 2:31:04 PM

Pine Labs posted Rs 59.36 Cr Q4 net profit on Rs 700.51 Cr revenue (+17% YoY), with GTV up 50% to $194B and UPI volumes climbing 68%. International revenue hit Rs 400 Cr (15% share). Roundup also flags Graamya's Kerala spice export push, abcoffee's Rs 61 Cr Series B, and Yes Madam's Rs 50 Cr maiden round.

YourStory · 5/26/2026, 2:12:21 AM

Pine Labs posted Rs 700.5 Cr Q4 FY26 revenue, up 17% YoY, with net profit of Rs 59.4 Cr. FY26 GTV hit $194B (+50% YoY), UPI volumes rose 68% to 20M daily transactions, and international revenue reached Rs 400 Cr — now 15% of the mix.

YourStory · Capital · 5/26/2026, 2:11:57 AM

Grab-and-go chain abcoffee raised ₹61 crore in pre-Series B led by Kliff Ventures, with Hero Enterprise, Merisis and Stride participating. Capital will deepen presence in Mumbai, Delhi-NCR and Bengaluru beyond 90+ outlets, alongside tech, supply chain and subscription bets.

Business Standard · Companies · 5/25/2026, 2:09:13 PM

Mumbai-based abcoffee raised Rs 61 Cr from Kliff Ventures, Hero Enterprise, Merisis and Stride. Capital fuels expansion of its 90+ compact stores across Mumbai, Delhi-NCR and Bengaluru. App takeaway hit 54% of orders, subscriptions 50%, with revenue doubling YoY in FY26 and store EBITDA up 193.2%.

YourStory · 5/25/2026, 12:42:13 PM

Kliff Ventures-led round adds to $11 Mn total raised. abCoffee will deepen Mumbai, Delhi NCR and Bengaluru footprint, build subscriptions (40,000 cups/month) and supply chain. Claims doubled FY26 revenue, store-level EBITDA up 193%, 60% repeat customers in a market crowded by Blue Tokai and Sleepy Owl.

Inc42 · 5/25/2026, 10:46:53 AM

Kliff Ventures-led round with Hero Enterprise, Merisis and Stride backs abcoffee's cluster-led push from 97 to 200 outlets across Mumbai, NCR and Bengaluru. Mumbai already houses 52 stores; FY26 revenue has doubled and cashflow is up 193.2% YoY, signalling unit economics holding as the chain scales.

The Hindu BusinessLine · 5/25/2026, 9:26:54 AM

Mumbai-born coffee chain abcoffee raised Rs 61 Cr ($6.39M) pre-Series B led by Kliff Ventures, with Hero Enterprise, Merisis, Stride and Nexus participating. Capital fuels expansion of its 90+ outlet footprint across Mumbai, Delhi-NCR and Bengaluru, plus supply chain, tech and the Procaff product line.

Entrackr · 5/25/2026, 8:30:55 AM

Hero, Merisis, Stride join the round as abcoffee deepens its footprint in Mumbai, Delhi-NCR, and Bengaluru. Capital flows to expansion, supply chain, tech, and subscriptions, with store-level EBITDA up 193.2% YoY and a 60% repeat rate fueling the pour.

Entrackr · Newsletter · 5/25/2026, 8:30:52 AM