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Startup And Fundraising 1 November 2026

India's Economy Hits Growth Spurts Across Sectors

GST collections surged 23% to Rs 2.31 lakh crore in October, while a college‑founded gaming app Matiks secured $10 million. Cordelia targets a top‑5 global cruise market by 2032. Indian Bank aims for ₹100 crore EV‑charging loans in FY27. Experts say ERP upgrades are vital for pharma continuity. SEBI chief stresses capital formation and investor protection. The BFSI sector honors its most influential CISOs. The government set up a committee for banking reforms, approved a ₹1,857 crore boost for sports‑goods, and named Dravid and Nehwal to the Ahmedabad 2030 Commonwealth Games panel.
  • GST Collections Up 23%: October saw GST receipts climb to Rs 2.31 lakh crore, reflecting stronger tax compliance. (source)
  • Matiks Gaming App Raises $10M: Three Indian college friends secured $10 million after rapid user growth worldwide. (source)
  • Cordelia Aims for Top‑5 Cruise Market: The cruise operator plans to lift India into the global top five by 2032. (source)
  • Indian Bank Targets EV‑Charging Loans: Sets a goal of ₹100 crore for the current FY and ₹250 crore for the next year. (source)
  • ERP Crucial for Pharma Continuity: Experts highlight digital transformation as key to uninterrupted manufacturing. (source)
  • SEBI Focuses on Capital Formation: The regulator emphasizes investor protection and smoother capital raising. (source)
  • BFSI Cybersecurity 100 Awards: Recognizes India’s most influential CISOs in financial services. (source)
  • Banking Reform Committee Formed: Government creates panel to suggest banking sector changes. (source)
  • Sports‑Goods Industry Boost: Cabinet approves a ₹1,856.67 crore plan for integrated zones and startup grants. (source)
  • Commonwealth Games Panel Appointed: Dravid and Nehwal join the committee, with grants up to ₹20 lakh for DPIIT‑registered sports startups. (source)

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