Startup & Tech Daily Digest: 21 Jul

IndiaMART InterMESH, India's leading B2B ecommerce platform connecting buyers and suppliers, reported a 12% year-on-year profit increase to ₹172 crore in Q1. The steady growth underscores the platform's resilience and the expanding digital adoption among small and medium enterprises seeking procurement solutions online. For the broader B2B commerce space, this result reinforces that marketplace models built on buyer-supplier connectivity continue to deliver consistent returns.

AI-powered holiday planning startup 30 Sundays has raised ₹61 crore in a Series A round led by Bessemer Venture Partners, marking a notable vote of confidence in the personalized traveltech segment. The platform leverages artificial intelligence to curate tailored travel experiences for users, addressing a growing consumer appetite for smarter, hassle-free trip planning. This funding is expected to accelerate product development and expand the startup's reach across key travel corridors in India.

Peer-to-peer lending platform LenDenClub, operated by parent entity Vartis Platforms, delivered a standout financial performance with profits surging 183% to ₹96 crore in FY26. The dramatic jump highlights the platform's ability to scale its lending operations while managing credit risk effectively in a competitive alternative finance landscape. As regulatory clarity around P2P lending continues to evolve in India, LenDenClub's numbers position it as one of the stronger performers in the segment heading into the next fiscal year.