
Airbound's $37M Round Targets India's Largest Drone Network
On 25 August 2026, Bengaluru-based Airbound closed a $37M Series A led by Greenoaks, backing a 10,000-flight-per-day drone network across three districts in Andhra Pradesh.
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On 25 August 2026, Bengaluru-based Airbound closed a $37M Series A led by Greenoaks, backing a 10,000-flight-per-day drone network across three districts in Andhra Pradesh.

On 11 Aug 2026, Yulu raised $93M in a Series C led by GEF Capital, valuing it at $170M. Its 50,000-vehicle fleet powers 750,000 daily deliveries, with a target of 200,000 EVs by 2028.

Shiprocket's Rs 1,617.5 crore IPO opens 12 August 2026 at Rs 92-97 per share. Revenue reached Rs 2,024.1 crore in FY26 (+24% YoY) and net loss narrowed from Rs 595 crore in FY24 to Rs 79 crore.

Zepto deferred its July 2026 IPO to February–May 2027 after roadshow bids came in 36–64% below its $7B private valuation, raising Rs 1,000 crore in pre-IPO funding.

Swiggy reported Q1 FY27 results on 30 July 2026: revenue up 37.31% to Rs 6,812 crore, net loss narrowed 34% to Rs 791 crore, and Instamart reached contribution break-even in May 2026.

B2B e-commerce unicorn Udaan closed a $160M structured financing on 14 July 2026, clearing a convertible note default and positioning itself for an IPO within two years.

Salesforce launched three GA Agentforce Commerce agents on 24 June 2026 — Shopper, Buyer, and Merchant — with AI influencing $262B in global sales last holiday season.

Quick commerce is growing at 70-80% CAGR in India. Here's the technology stack powering Blinkit, Zepto, and the next generation of hyperlocal delivery.