Innefu Labs Lands $30M and an IPO Roadmap as India’s Startup Scene Rewrites Its Ambitions in a Single Day

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India’s startup ecosystem saw notable activity on June 5, 2026. New Delhi cybersecurity firm Innefu Labs secured $30 million in a Series B round from Singapore’s Panthera Growth Partners, with an IPO pathway cited. Myntra launched its Creator School initiative, while Meesho reported that over 75% of orders now stem from its AI system PRISM. Flipkart introduced EV Assist across 20 cities, and kindlife announced an exclusive partnership with Japan’s Kao Group to distribute Bioré skincare nationwide. BML Munjal University and Ideabaaz jointly launched a 12-week Women in Tech Accelerator Program.

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Innefu Labs raises $30M in Series B from Panthera Growth Partners

Innefu Labs, the New Delhi-headquartered cybersecurity startup, has raised $30 million in a Series B round of funding from Singapore based growth equity firm, Panthera Growth Partners.

The funding round was a mix of primary and secondary transactions. A statement stated this investment positions Innefu Labs on the path to a potential initial public offering.

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Other news

” align=”center”>Startup news and updates

Myntra launches creator school

Myntra has launched Myntra Creator School, a creator-focapplyd platform aimed at supporting skill development and growth within the creator ecosystem. The launch event brought toobtainher more than 250 creators for workshops and sessions led by teams from YouTube, Meta and Snapchat, alongside discussions featuring creators and celebrities including Malaika Arora, Parul Gulati, Dolly Singh, and Archana Puran Singh.

The initiative seeks to provide creators with learning opportunities, indusattempt insights, and a stronger community-driven platform for growth.

Meesho’s PRISM brings intent-driven discovery

Meesho has highlighted the impact of PRISM, its proprietary AI system that powers personalised product discovery across the platform. Designed for India’s discovery-led shopping behaviour, PRISM applys real-time behavioural, transactional and contextual signals to recommfinish products based on applyr intent rather than keyword searches.

More than 75% of Meesho orders now originate from AI-driven personalised feeds. The system is powered by over 100 AI ranking models, supports more than 10 Indian languages, and runs on Meesho’s in-hoapply BharatMLStack infrastructure. PRISM also supports sellers reach relevant customers more effectively through personalised recommfinishations, trfinish analysis, and catalogue understanding.

Flipkart launches EV Assist to improve electric mobility access

Flipkart has launched EV Assist, a digital marketplace that supports delivery executives access electric vehicles through verified fleet and rental providers. Currently available to Flipkart Minutes riders across more than 20 cities, the platform supports the company’s EV100 initiative to electrify last-mile deliveries.

Wishmasters can compare electric two-wheeler rental options by city and budobtain, register interest, and connect directly with mobility providers. The platform addresses key barriers to EV adoption, including affordability and access. Available in English, Hindi, Bengali and Kannada, EV Assist also offers maintenance and operational support through partners.

BML Munjal University, Ideabaaz launch accelerator programme

Propel Incubator at BML Munjal University, in partnership with Ideabaaz, has launched the Women in Tech Accelerator Program, a 12-week initiative supporting women-led technology startups. The programme provides structured mentorship, indusattempt connections, investor-readiness support and market access to support early-stage ventures scale.

Its first cohort will include five startups across sectors such as artificial ininformigence, deeptech, climate tech, healthcare, robotics, edtech and sustainability. Selected participants will also gain national exposure through Ideabaaz Season 2. The initiative aims to address barriers faced by women founders in accessing capital, networks and growth opportunities.

Finelistings brings private jet and helicopter charter services to India

Finelistings, an Indian luxury marketplace founded in 2018 and based in New Delhi, has launched Fine Charters, a dedicated private aviation service offering on-demand access to private jets, helicopters and chartered aircraft.

The service supports domestic and international travel for business, leisure, destination weddings, medical travel and urgent trips, with concierge assistance throughout the booking and travel process. The launch reflects growing demand for private air travel among India’s affluent consumers.

kindlife enters strategic partnership with Japan’s Kao Group

kindlife has entered an exclusive strategic partnership with Japan’s Kao Group to expand the Japanese beauty category in India. The collaboration launches with Bioré, Kao’s skincare brand, which will be distributed nationwide through Kindbox, kindlife’s distribution arm. The partnership aims to capitalise on growing Indian interest in Japanese skincare, driven by social media, global beauty trfinishs and the increasing influence of Japanese culture.

Through a multi-channel online and offline approach, kindlife and Kao will focus on building brand awareness, increasing product adoption and establishing a long-term presence in the Indian market.

(This article will be updated with the latest news throughout the day.)



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