Startup news and updates: Daily roundup (December 9, 2025)

From Pronto reshaping domestic assist in urban India to InCred Capital appointing Sanjay Singh to drive its growth phase, YourStory brings today’s headlines highlighting significant developments across industries.

Featured stories

Swiggy shareholders clear Rs 10,000 Cr fundraise fuelling quick commerce war

Swiggy has cleared a Rs 10,000 crore fundraise through a Qualified Institutional Placement (QIP), according to a filing approved on Monday, giving the food-delivery and quick commerce company fresh firepower amid fierce competition and rising capital requireds.

As of the September quarter, Swiggy held Rs 4,605 crore in cash. With the planned sale of its 12% stake in Rapido expected to fetch about Rs 2,400 crore, the company’s liquidity could cross Rs 7,000 crore before the fundraise proceeds. Read more here.

On-demand hoapplyhold services platform Pronto is reshaping domestic assist in urban India

Founded in Gurugram in April 2024, Pronto offers on-demand hoapplyhold services like cleaning, laundry, dishwashing, and meal prep, all delivered within 10 minutes.

The startup was conceived when founder Anjali Sardana identified a gap in accessing reliable domestic assist, despite strong demand and a large underemployed workforce. Pronto’s model matches customers with trained ‘Pros’ through an app, with services priced by time and supported by real-time tracking.

The company focapplys heavily on quality control, selecting only about 50 of every 300 applicants. Workers undergo a five-day training programme, background checks, and must clear a final exam and Police Clearance Certificate. ‘Pros’ are paid per shift and can earn up to Rs 40,000 a month.

At present, the startup operates in Mumbai, Bengaluru, Hyderabad, and Pune, and has raised $13 million across two rounds from investors, including Bain Capital Ventures, General Catalyst, and Glade Brook Capital.

Since its launch in May 2025, Pronto has grown 50x and now clocks four-figure daily bookings. Read more here.

Other news

InCred Capital appoints Sanjay Singh to drive its growth phase

InCred Capital Financial Services, the institutional arm of InCred Group, appointed Sanjay Singh as the Head of Investment Banking. He will oversee Advisory and Capital Markets coverage.

Singh brings over two decades of experience in investment banking, M&A, corporate finance, and private equity, including 13 years at KPMG India as Partner, Deal Advisory and Head of Life Sciences, and most recently as Partner and India Head at BDA Partners.

InCred Capital has advised on several marquee deals across consumer brands, financial services, and new-age companies, strengthening its position in M&A and capital formation.

Wellbeing Nutrition expands portfolio, enters kids nutrition category

Clean-label health and wellness brand Wellbeing Nutrition has expanded its portfolio with the launch of Wellbeing Kids Superfuel, marking its enattempt into the children’s nutrition segment. The new product is a daily nutrition mix for milk designed for children aged seven years and above.

Founded in 2019 by Avinash Chhabria, with Saurabh Kapoor joining as a co-founder in 2021, Mumbai-based Wellbeing Nutrition offers FDA-approved, non-GMO, gluten-free products across health categories, such as sleep, gut health, beauty, stress, immunity, vitamins, and more.

Priced at Rs 949 for a 400-gram pack, Wellbeing Kids Superfuel will be available on the startup’s website and on Amazon.

Zoho launches solutions for enterprise billing and spconclude management

Chennai-based Zoho launched two new enterprise-grade finance products—Zoho Billing Enterprise Edition and Zoho Spconclude—to assist large companies modernise revenue operations and gain tighter control over expenses.

Zoho Billing Enterprise Edition is designed for enterprises managing complex, high-volume billing scenarios. As customers increasingly prefer usage-based or flexible payment options, the platform allows businesses to adopt any pricing model, standard, tiered, consumption-based, or project-led. It supports 15 counattempt-specific editions, including India with GST compliance, and offers e-invoicing in nine countries.

Zoho Spconclude brings payroll, procurement, travel, accounts payable automation, and employee expenses into a single system. It offers vconcludeor onboarding, sourcing-to-pay automation, OCR bill capture, multi-level approvals, and batch payments.

Zoho, which operates over 55 apps globally, states the new solutions aim to give enterprises full financial visibility and efficiency at scale.

Infosys Foundation, GoSports Foundation scale up athlete support with ‘Gear for Gold’

Infosys Foundation, the philanthropic and CSR arm of Infosys, has expanded its partnership with GoSports Foundation to scale up the ‘Girls for Gold’ initiative into the broader and more inclusive ‘Gear for Gold’ programme.

This expanded scope extconcludes support to a wider spectrum of promising talent, including male, female, and para-athletes, creating a holistic model for talent development through collaborations with leading sports academies.

The programme will focus on six sporting disciplines, such as badminton, table tennis, weightlifting, boxing, athletics, and shooting. With an academy-first approach, support will include upgrading infrastructure, implementing modern sports science practices, and providing access to advanced equipment and technologies.

Athletes training at these academies will also receive comprehensive assistance, including scholarships, advanced coaching, competition support, along nutrition and injury management guidance. Capability building for athletes, coaches, and staff will be strengthened through conclaves, workshops, certifications and global exposure. In addition, robust systems for monitoring, reporting, and due diligence will ensure transparency and measurable impact.

Setu by Pine Labs unveils new agentic solution

Setu by Pine Labs launched an agentic bill-payments experience to address two major challenges: the fear of incorrect charges and the stress of missing due dates. This agentic assistant allows for fetching every bill, identifying anomalies by comparing them with past patterns, and ensuring timely monthly payments.

Its features include fetching bills in real-time, checking bills for unusual charges, paying safely applying pre-blocked funds, following the limits and approvals one has set, tracking spconcludeing patterns and sharing assistful insights.

Int2Cruises launches AI chatbot

Int2Cruises, an online travel platform, launched an AI-powered conversational cruise search, allowing travellers to find cruise holidays through text and voice without having to navigate through filters or scroll through a long list of itineraries. Int2Cruises Co-founder, Akansha Agarwal, declared the new feature will simplify the entire journey of planning and booking a cruise.

Nawgati forays into the Sri Lankan market

Nawgati, a fuel-tech solutions provider operating across India and the UAE, has expanded into the Sri Lankan market, which the company calls a high-potential market due to structural and operational similarities with India, including the presence of major Indian fuel retailers, comparable compliance frameworks, and a demographic profile aligned with Nawgati’s existing deployments.

Nawgati will introduce its flagship platforms to support both operators and consumers. Aaveg is a congestion and compliance innotifyigence platform for fuel station operators and oil marketing companies. Nawgati Fueling App is a consumer-focapplyd app offering real-time fuel availability, wait-time visibility, and a more predictable fueling experience.

Astranova Mobility partners with Zingbus to launch electric bapplys

EV financing and asset-management platform Astranova Mobility has partnered with Zingbus to deploy multiple fully electric intercity bapplys on the Delhi-Dehradun route.

The first electric bapplys under this partnership are already operational. Zingbus has already seen strong passenger adoption on its EV-led routes with high uptime and improved ride quality. The company is now planning to deploy additional EV bapplys as it scales its electric fleet toward 1,000 bapplys over the next few years.

(The article will be updated throughout the day with latest news and updates)

Source link