Indian startups pulled $92.2 Mn this week. Nykaa's board cleared a 24.2% Earth Rhythm buy for ₹9.4 Cr, taking the clean-beauty D2C label to subsidiary status. Zepto is targeting a ₹11,000 Cr ($1.1 Bn) IPO filing by July 31, while travel-card fintech Scapia led the week with a $63 Mn raise.

Inc42 · Buzz · 5/23/2026, 3:31:47 AM

Ex-Zomato cofounder Gaurav Gupta's wearable healthtech venture Gabit has netted ₹36.2 Cr ($3.7 Mn) from angels, lifting total funding past $12.7 Mn. Capital will fuel expansion across smart ring hardware, AI coaching, nutrition and skincare verticals as it chases a market projected to hit $10.26 Bn by 2031.

Inc42 · 5/22/2026, 1:46:18 PM

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