---
title: "Startup and Fintech News, 31 Oct 2026 | bharat.digital"
description: "Startup and Fintech News from India on Saturday 31 October 2026, from newsrooms and official sources, each linked to the original."
url: "https://bharat.digital/2026/10/31/startups/index.md"
canonical: "https://bharat.digital/2026/10/31/startups/"
published: "2026-10-31T00:19:19+05:30"
updated: "2026-10-31T23:30:01+05:30"
section: "Startups & Fintech"
date: "2026-10-31"
language: "en-IN"
site: "bharat.digital"
---

# Startups & Fintech: Saturday 31 October 2026

12 stories. Cite the publisher using original_url.

### IPO-Bound StockGro’s FY26 Profit Jumps 3.3X YoY To ₹113 Cr, Revenue Doubles

- Source: Inc42
- Published: 31 October 2026, 21:50 IST (2026-10-31T21:50+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/68ee988414e0
- original_url: https://inc42.com/buzz/ipo-bound-stockgros-fy26-profit-jumps-3-3x-yoy-to-%e2%82%b9113-cr-revenue-doubles/
- Image: https://bharat.digital/img/68ee988414e0-l.webp

StockGro-parent AssetGro Fintech Ltd net profit for the fiscal year FY26 jumped threefold while its operating revenue doubled year-on-year. The…

### CapGrid Secures ₹50 Cr Funding To Deepen Its Manufacturing Play

- Source: Inc42
- Published: 31 October 2026, 19:16 IST (2026-10-31T19:16+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/e907c2cc603a
- original_url: https://inc42.com/buzz/capgrid-secures-%e2%82%b950-cr-funding-to-deepen-its-manufacturing-play/
- Image: https://bharat.digital/img/e907c2cc603a-l.webp

Delhi NCR-based B2B manufacturing startup CapGrid has raised ₹50 Cr (about $5.2 Mn) in a Pre-Series B round to develop…

### Hyderabad Facility Launches Personalized mRNA Cancer Vaccines

- Source: X News (AI summary of posts on X)
- Published: 31 October 2026, 16:05 IST (2026-10-31T16:05+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/108d4edbf81d
- original_url: https://x.com/i/trending/2116256036768362963

### Reliance Retail focuses on disciplined JioMart expansion, targets profitability from FY28

- Source: YourStory
- Published: 31 October 2026, 14:13 IST (2026-10-31T14:13+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/9ce385628f7b
- original_url: https://yourstory.com/2026/10/reliance-retail-focuses-on-disciplined-jiomart-expansion-targets-profitability-from-fy28
- Image: https://bharat.digital/img/9ce385628f7b-l.webp

The company is prioritising sustainable growth with investments in dark stores, customer acquisition and margins expected to start contributing positively to profitability from the next financial year.

### India Can Build Rockets, But Can Its VCs Fund The Next One?

- Source: Inc42
- Published: 31 October 2026, 17:38 IST (2026-10-31T17:38+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/e08afd4bed30
- original_url: https://inc42.com/features/india-can-build-rockets-but-can-its-vcs-fund-the-next-one/
- Image: https://bharat.digital/img/e08afd4bed30-l.webp

On July 18, 2026, Skyroot Aerospace achieved a historic milestone when its Vikram-1 rocket successfully placed satellites into orbit, becoming…

### Noel writes to Tata Sons to take biz recast, SP Group’s funding plea at Nov 26 meet

- Source: YourStory
- Published: 31 October 2026, 14:12 IST (2026-10-31T14:12+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/5150ad39a5e5
- original_url: https://yourstory.com/2026/10/noel-writes-to-tata-sons-to-take-biz-recast-sp-groups-funding-plea-at-nov-26-meet
- Image: https://bharat.digital/img/5150ad39a5e5-l.webp

Noel Tata's letter asks for a discussion on the September 11 letter from RBI, which makes a listing of Tata Sons mandatory by rejecting the application for de-registration.

### Funding and acquisitions in Indian startups this week \[Oct 26- Oct 31\]

- Source: Entrackr
- Published: 31 October 2026, 10:16 IST (2026-10-31T10:16+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/a3746271a39e
- original_url: https://entrackr.com/report/weekly-funding-report-weekly-funding-report/funding-and-acquisitions-in-indian-startups-this-week-oct-26-oct-31-12770310
- Image: https://bharat.digital/img/a3746271a39e-l.webp

This week, 28 Indian startups raised $115 million across 4 growth-stage deals, 24 early-stage deals including one undisclosed round. The week also saw 6 key appointments and a departure.

### Indian Listed New-Age Tech Company Tracker: Market Cap, Revenue & More

- Source: Inc42
- Published: 31 October 2026, 17:32 IST (2026-10-31T17:32+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/bb255a729cdc
- original_url: https://inc42.com/features/indian-listed-new-age-tech-company-tracker-market-cap-revenue-more/
- Image: https://bharat.digital/img/bb255a729cdc-l.webp

For years, we at Inc42 have tracked the Indian tech startup ecosystem and seen it grow from a kid to…

### Rahul Gandhi Backs IDBI Bank Staff Against Stake Sale to Fairfax

- Source: X News (AI summary of posts on X)
- Published: 31 October 2026, 08:22 IST (2026-10-31T08:22+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/9e7c55fe270d
- original_url: https://x.com/i/trending/2115766736351797335

In his October 29 letter, Rahul Gandhi urged protection for IDBI Bank's employees and depositors amid the government's sale of a 60.72% stake to Canada's Fairfax Financial Holdings for ₹52,878 crore.

### Exclusive: D2C Skincare Brand Numour In Talks To Raise $3.1 Mn From Sharrp Ventures

- Source: Inc42
- Published: 31 October 2026, 14:22 IST (2026-10-31T14:22+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/e1d0506664d4
- original_url: https://inc42.com/buzz/numour-in-talks-to-raise-3-1-mn-from-sharrp-ventures/
- Image: https://bharat.digital/img/e1d0506664d4-l.webp

Delhi NCR-based D2C skincare brand Numour is in talks to raise nearly $3.1 Mn (about ₹30 Cr) in a funding…

### CoinSwitch Fixes Temporary Outage After Traffic Spike

- Source: X News (AI summary of posts on X)
- Published: 31 October 2026, 01:27 IST (2026-10-31T01:27+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/dad2e20f17fd
- original_url: https://x.com/i/trending/2116256040622928264

On October 30, 2026, India's CoinSwitch platform hit a snag from high traffic, blocking some users from logging in or managing trades for several hours. The team quickly resolved it, confirming all services back online and funds secure with no breach involved.

### From To Cent to Matiks, Indian Startups Raised Over $132 Mn This Week

- Source: Inc42
- Published: 31 October 2026, 09:00 IST (2026-10-31T09:00+05:30)
- Section: Startups & Fintech
- Link: https://bharat.digital/s/31caa9c31edd
- original_url: https://inc42.com/buzz/from-to-cent-to-matiks-indian-startups-raised-over-132-mn-this-week/
- Image: https://bharat.digital/img/31caa9c31edd-l.webp

Indian startup funding activity remained muted in the last week of October. Homegrown new-age tech ventures managed to raise $130.2…
