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Wednesday

3 stories you need to know from India's startup ecosystem.

3Stories
3Min Read
01
Funding 6 min read

QNu Labs Raises ₹200 Crore, More Than Its Entire First Decade Combined

The commercial case for quantum-safe cryptography rests on a peculiar kind of threat, and it is worth stating precisely because it explains why governments are setting deadlines for a machine that does not yet exist. Enc…

02
Funding 7 min read

Exclusive: Marmalade Raises ₹6 Crore Selling Whiskey Where It Keeps ₹358 of a ₹1,750 Bottle

The product thesis is narrow, unfashionable and probably right. Whiskey is an acquired taste, and the industry has treated that as a feature. The burn, the bitterness, the long aftertaste, the idea that you should learn …

03
Funding 6 min read

Circolife Raises $4.5M to Rent Out Air Conditioners It Has to Buy First

There is a neat piece of incentive design at the centre of this business, and it is worth spelling out because it is the reason the model is interesting at all. When a business buys an air conditioner, the person who sol…

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