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

Quick-services startup Snabbit is testing instant salon-at-home in Sarjapur, logging 2,000+ jobs via 25 beauticians at ~50/day. The bet: collapsing booking lead times unlocks impulse beauty demand inside a Rs 30,000 cr salon market and a $40B BPC opportunity by 2030.

YourStory · 5/27/2026, 3:51:18 AM

Pine Labs reported Q4 net profit of ₹59.4 Cr on revenue of ₹700.5 Cr (+14.7% YoY) with EBITDA up 73% to ₹146 Cr, marking its first full-year profit. Paytm committed ₹100 Cr to its European arm, Awfis Q4 profit doubled to ₹23.2 Cr, GIVA crossed ₹518 Cr revenue across 350+ stores, and Yes Madam raised ₹50 Cr from Info Edge.

Inc42 · 5/26/2026, 2:34:45 AM

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

Gurugram-based at-home beauty and wellness platform Yes Madam has secured Rs 50 crore from Info Edge Growth Fund. The capital will fund expansion beyond its current 55-city footprint, deepening a category that blends services with tethered product retail in a fragmented salon market.

YourStory · 5/25/2026, 11:34:26 AM

Home salon platform Yes Madam closed its first institutional round at Rs 50 crore led by Info Edge Growth Fund. The 55-city operator with 12,000 service professionals and 3 lakh monthly bookings more than doubled revenue to Rs 195 crore in FY26 from Rs 94 crore, intensifying competition with Urban Company, Snabbit and Pronto.

Business Today · Latest · 5/25/2026, 8:44:16 AM

Gurugram-based home beauty and wellness platform Yes Madam closed its first institutional cheque of Rs 50 crore from Info Edge Growth Fund. Capital earmarked for city expansion beyond its 55+ footprint, tech build-out, and scaling its 12,000-strong service partner network. FY26 revenue more than doubled to Rs 195 Cr from Rs 94 Cr in FY25.

YourStory · 5/25/2026, 7:59:13 AM

Home salon platform Yes Madam raised Rs 50 Cr from Info Edge's B8 Fund for a 6.67% stake. With 12,000 professionals serving 3 lakh monthly bookings across 55+ cities, the company plans to deepen its network and tech as it battles Urban Company, GetLook, and Snabbit.

Entrackr · 5/25/2026, 7:00:10 AM

At-home beauty services startup Yes Madam has closed its first institutional cheque, a ₹50 Cr ($5.2 Mn) round led by Info Edge Growth Fund. Capital will fund expansion beyond 55 Indian cities into GCC and Southeast Asia, plus tech upgrades. FY26 revenue doubled 107% YoY to ₹195 Cr from ₹94 Cr, with the company posting a slim ₹1.8 Cr FY25 profit.

Inc42 · 5/25/2026, 5:26:05 AM