Top Startup News Today: IPO Fever, Festive Highs, and AI Horizons

As India steps deeper into the final quarter of 2025, the country’s startup landscape is buzzing with movement—from IPO filings and festive logistics highs to fresh innovations in medtech and AI. The week opens with big milestones that reflect how India’s innovation engine continues to scale new heights, even amid global economic uncertainties.

The markets are watching closely as logistics unicorn Shiprocket and fintech major Pine Labs prepare for their public market debuts. Meanwhile, Urban Company is facing investor jitters after a disappointing quarterly report, and Remidio is bringing AI-powered health tech closer to newborn care.

Here’s your detailed lowdown on all the action shaping India’s new-age economy today.

Top Startup News Today

Shiprocket Gets SEBI Nod for ₹2,500 Cr IPO

In a landmark development, ecommerce logistics enabler Shiprocket has received approval from the Securities and Exchange Board of India (SEBI) for its ₹2,500-crore initial public offering (IPO).

The much-anticipated listing marks a new chapter for India’s logistics ecosystem, which has played a silent yet crucial role in powering the country’s ecommerce revolution. The company is expected to file its updated draft red herring prospectus (DRHP) in the coming weeks, paving the way for one of the biggest logistics IPOs of the year.

For an industry that sits at the heart of India’s D2C and ecommerce growth story, Shiprocket’s entry into the public markets signals growing investor confidence in digital-first infrastructure plays.

Pine Labs IPO Set to Deliver Early Investor Windfall

Another IPO that’s creating ripples is Pine Labs—a fintech giant known for powering merchant payments and digital commerce. The Gurugram-based firm will open its IPO for subscription from November 7 to 11, setting a price band of ₹210–₹221 per share.

The offering includes a fresh issue of ₹2,080 crore and an offer for sale (OFS) of over 82 million shares by existing shareholders. At a post-issue valuation of nearly $2.7–2.8 billion, Pine Labs’ market debut is being watched closely as a benchmark for India’s maturing fintech ecosystem.

For early investors, this could be a rewarding exit—reflecting the fintech’s steady growth trajectory and its ability to scale merchant-led digital transformation across sectors.

Urban Company Shares Slip After Q2 Miss

Not all headlines this week are celebratory. Shares of Urban Company dropped nearly 6% on the NSE following the firm’s first quarterly earnings post its ₹1,900-crore IPO in September.

Founded by Abhiraj Singh Bhal, Urban Company has long been a bellwether for India’s service-on-demand economy. However, its latest performance seems to have left investors wanting more, as the newly listed company grapples with rising customer acquisition costs and thin margins in key verticals.

The stock later pared some losses to trade 4% lower at ₹151, but the dip underscores the mounting pressure on consumer tech platforms to balance growth with profitability in a post-IPO phase.

Remidio Launches AI-Enabled Retinal Scanner for Newborns

In medtech innovation, Remidio Innovative Solutions has unveiled Neubo 130—an advanced AI-powered neonatal retinal imaging system designed to detect Retinopathy of Prematurity (ROP) and other vision-threatening conditions in infants.

Built for neonatal ICUs and hospitals, the device uses edge AI and sophisticated optical engineering to capture ultra-widefield retinal images in real time, even without internet connectivity.

This breakthrough has massive potential in India, where neonatal eye diseases often go undiagnosed due to limited access to specialists. Remidio’s innovation could help clinicians identify risks early—saving countless newborns from preventable blindness.

India’s Battery Capacity to Hit 100 GWh by 2026

India’s clean energy transition is picking up serious pace. According to Encore Systems Director Nikhil Arora, the country’s battery manufacturing capacity is on track to reach 100 GWh by next year, up from around 60 GWh currently.

Speaking at the 18th Renewable Energy India Expo, Arora highlighted the role of automation, robotics, and localisation in achieving this leap. “With automation efficiencies crossing 95% and advanced six-axis robotics handling 625Ah, 12kg cells, India is fast localising its energy storage value chain,” he said.

This surge could give India a competitive edge in global EV and clean energy markets, reinforcing its ambition to become a major player in green tech manufacturing.

Delhivery Delivers a Festive High — ₹19,187 Cr in Goods Shipped

If India’s festive season is a celebration of commerce, Delhivery is undoubtedly its logistics backbone.

During the second phase of the 2025 festive season, the company shipped goods worth over ₹19,187 crore, processing more than 107 million shipments across its vast network. At its peak, Delhivery handled a staggering 7.2 million shipments in a single day, proving the scale of India’s ecommerce momentum.

Spanning 4,000+ kilometres—from Kerala’s Thiruvananthapuram to Arunachal Pradesh’s Tezu—the company’s reach now mirrors India’s digital inclusivity. Nearly 30 million packages were delivered within 48 hours, reflecting how logistics has evolved into a speed-driven, tech-enabled precision business.

3M India Opens Electronics Experience Centre in Bengaluru

In a move to strengthen industry collaboration, 3M India has launched a cutting-edge Electronics Customer Experience Centre at its R&D facility in Bengaluru’s Electronics City.

The centre allows partners and clients to co-develop customised solutions across semiconductors, consumer electronics, and industrial automation. It also showcases 3M’s portfolio of thermal management, bonding, and semiconductor materials, giving customers a hands-on experience of how science can power manufacturing excellence.

This initiative underscores India’s rising significance in global electronics and semiconductor value chains—a space the government has been keen to nurture under its “Make in India” and PLI programmes.

DealShare Reboots with Value-First Strategy

After a phase of restructuring, DealShare is making a strong comeback. The ecommerce platform announced its strategic relaunch across Jaipur, Lucknow, Kolkata, and parts of NCR (Ghaziabad and Gurugram).

The company is shifting its focus from next-day delivery to a consumer-first, savings-led model aimed at India’s value-conscious households. DealShare says this pivot comes in response to a widening affordability gap in ecommerce—where quick-commerce and premium players often overshadow budget-focused consumers.

By prioritising transparency and affordability, the company hopes to reclaim its foothold in the competitive ecommerce landscape.

BharatPe Appoints Shilpi Kapoor as Head of Marketing

Fintech player BharatPe has roped in Shilpi Kapoor as its new Head of Marketing. Kapoor brings over 20 years of experience across global brands like American Express, Renault, Airtel, Coca-Cola, and Airtel Payments Bank, where she last served as CMO.

Known for her consumer-centric campaigns and data-led marketing approach, Kapoor is expected to spearhead BharatPe’s brand strategy and digital expansion, strengthening the fintech’s positioning in a crowded market.

GoKwik Sees 47% Jump in D2C Orders This Diwali

Ecommerce enabler GoKwik reported a 47% YoY rise in direct-to-consumer (D2C) orders during the Diwali season (October 7–20, 2025). Its gross merchandise value (GMV) also rose 46%, reflecting India’s booming online retail sentiment.

Interestingly, the company found that this year’s shopping peak came eight days before Diwali, unlike last year when it coincided with the festival. Improved logistics and consumer trust in timely delivery seem to have changed festive buying habits.

Among product categories, air purifiers saw a dramatic surge in demand—driven by worsening urban pollution levels. Health and well-being, it seems, are now taking centre stage even in festive spending.

Beckn Labs and Google Cloud Launch “Beckn Onix”

Ahead of the Global DPI Summit 2025, Beckn Labs and Google Cloud have introduced Beckn Onix—an open-source application that simplifies the creation and scaling of Digital Public Infrastructure (DPI) based on the Beckn Protocol.

The initiative is aimed at helping governments and organisations quickly integrate with open digital networks without heavy customisation costs. By reducing technical barriers, Beckn Onix could accelerate digital inclusion across sectors like agriculture, health, skilling, and mobility.

In a world moving towards open, interoperable digital ecosystems, this collaboration could prove to be a pivotal step in making India’s DPI model globally replicable.

Coming Up Next: TechSparks 2025

All eyes now turn to YourStory’s TechSparks 2025, set to take place from November 6–8 at Taj Yeshwantpur, Bengaluru. The event will host leaders from Pixxel, Tally, CoRover, and more, exploring how India can build “intelligence that scales.”

With AI, deep tech, and digital infrastructure taking centre stage, TechSparks 2025 promises to be a melting pot of ideas shaping the next decade of Indian innovation.

India’s startup ecosystem continues to showcase remarkable resilience and dynamism. From unicorns going public to healthtech innovations and deep tech collaborations, the week’s developments mirror a nation confidently building its digital future.

As IPOs heat up, innovation deepens, and consumer confidence rebounds, one thing is certain—India’s entrepreneurial engine isn’t just running; it’s roaring.