India's Startup Scorecard: Temple Doubles Valuation, PhonePe Losses Balloon, Bombay Shaving Turns Profitable

₹2,792 Cr — PhonePe's net loss in FY26, a staggering 62% jump from last year that overshadows its 11.5% revenue growth and throws fresh uncertainty over India's most-watched fintech IPO.

Money Moves

India's startup ecosystem delivered a wildly uneven FY26 scorecard, with some founders celebrating breakthroughs while others stared down ballooning red ink.

• Temple hits $375 Mn valuation — Deepinder Goyal's wearable startup nearly doubled its valuation from...