#Exclusive : Aadyah Aerospace raises fresh funds in Series A round
➤ Aadyah Aerospace’s valuation rose 26% to around Rs 206 Cr ($21.6 Mn) in the Series A round.
➤ The fresh funds will be used to acquire a U.S.-based company and support working capital and business operations.
➤ The company has raised over $8.4 Mn to date from investors including SiriusOne, Keiretsu Forum, and several individual angel investors.
➤ FY25
Rev - Rs 14.12 Cr
Profit - Rs 1.47 Cr
Read full story here @entrackr
#AadyahAerospace #StartupFunding #SeriesA #SpaceTechIndia
https://t.co/R0aw6Zw81J
Stable Money’s mutual fund distribution biz suspended by AMFI for 6 months
▪️Stable Money said it has temporarily paused fresh investments in gold and silver mutual funds as it reviews certain aspects of its mutual fund distribution operations. https://t.co/gqB1Kt5tj8
Euler Motors’ revenue doubles to Rs 402 Cr in FY26; losses jump 20%
Material costs remained the company's largest expense, accounting for 47.6% of total spending at Rs 356 Cr in FY26.
On a unit level, Euler spent Rs 1.86 to earn a rupee of operating income.
Its EBITDA margin and ROCE improved to -64.43%% and -27.3% respectively.
Read more @entrackr
#EulerMotors #ElectricVehicles #EVIndustry #StartupIndia #CleanMobility
SoftBank has sold a 3.25% stake in Lenskart through a block deal worth Rs 2,873 Cr ($300 Mn)
▶️Investors including Goldman Sachs, Fidelity, WhiteOak Capital, and Quant Mutual Fund participated in the deal
▶️SoftBank held a 13.13% stake in Lenskart as of March 2026
Just in: PhysicsWallah revises student lending strategy
◾️Will no longer pursue direct lending via FinZ Finance
◾️Partners with regulated NBFCs for student financing
◾️The move comes weeks after announcing a Rs 120 Cr investment in FinZ (🧵)