• Startup Pulse
    GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating.
  • Justdial Q1 FY26 Results: Revenue at INR 297.9 Cr, Net Profit Up 13 Per Cent YoY

    Justdial

    Mumbai: Local search platform Justdial has reported a robust Q1 FY26 performance, delivering strong year-on-year growth across revenue, operating EBITDA, and net profit.

    The company posted:

    • Revenue: ₹297.9 crore (up 6.2% YoY)
    • Operating EBITDA: ₹86.4 crore (up 7.2% YoY)
    • Net Profit: ₹159.6 crore (up 13.0% YoY)

    This performance was underpinned by consistent user engagement and expanding business listings, with the platform recording 193.2 million unique visitors and reaching 49.7 million business listings as of June 30, 2025.

    Also Read: COVID-19 Surge Sparks 8x Rise in Testing Searches on Justdial Across India

    “We are evolving from a horizontal discovery platform to one that’s deeply verticalized and intent-driven,” said Shwetank Dixit, Chief Growth Officer, Justdial. “By integrating AI into user intent recognition, lead scoring, and content curation, we’re driving better matchmaking, higher conversions, and scalable revenue growth.”

    Strategic Focus Areas: AI, Verticals, and Regional Expansion

    Justdial’s Q1 success was bolstered by AI-driven innovations that improved lead qualification and sales productivity.

    Enhanced AI integration across the platform allowed for:

    • Improved lead intent analysis and scoring
    • Richer, personalized content experiences
    • Optimized ad targeting and higher-quality enquiries for merchants

    Key service verticals like medical, astrology, and home services were a focus area in Q1, with Justdial rolling out advanced booking functionalities to enable seamless user transactions on the platform.

    Additionally, the company is actively strengthening its Tier 2 and Tier 3 city presence, aiming to unlock new revenue opportunities by enhancing user experiences and offering localized service options across India’s growing digital economy.

    Also Read: Luxury and Self-Drive Rentals Drive Spike in Car Rental Related Searches Across India

    Justdial: Future Roadmap

    Justdial plans to continue investing in:

    • AI-powered capabilities for personalization, lead generation, and cost-efficient user acquisition
    • Vertical-led user journeys to improve service discovery and drive engagement
    • Merchant monetization strategies through high-conversion sales leads

    With this approach, Justdial is well-positioned to scale its user base, improve merchant ROI, and maintain its leadership in the local search and discovery space.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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