LatestStartup And Fundraising 12 November 2026
India Festive E‑Commerce Surge, MSME Funding
India’s online festive sales jumped 17% year‑on‑year to Rs 1.41 lakh crore in 2026, while the PHDCCI lobby pushed for a 180‑day NPA window and higher MUDRA loan caps for MSMEs. AI startups saw fresh capital with Parallel Loop’s $6.6 m seed and Oolka’s $14 m round, and SIS reaffirmed a 15‑18% revenue growth target. Additional notes include women‑focused incubator impacts and strengthened consumer‑rights measures.
Online Festive Sales – India’s e‑commerce volume rose 17% YoY to Rs 1.41 lakh cr in 2026 (SME Futures).
MSME Finance – PHDCCI urges a 180‑day NPA window and higher MUDRA limits; over 2.54 cr PMMY loans totalling ₹3.43 lakh cr sanctioned (SME Futures).
AI Startup Funding – Parallel Loop secured $6.6 m seed round led by 3one4 Capital (MoneyControl). Consumer AI app Oolka raised $14 m from Accel, Lightspeed and Z47 (Mint).
Other Highlights – SIS keeps 15‑18% revenue growth guidance for FY27‑28; business incubators are empowering women entrepreneurs; India tightens consumer‑rights rules against dark patterns and misleading ads.
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