STARTUP
Peak XV, Accel, Elevation and others set to cash in $1.5 billion as startup IPO wave unlocks big payouts
So far, Peak XV Partners is expected to gain over Rs 2,400 crore from Pine Labs and Groww, while Accel and Elevation together stand to gain over Rs 950 crore through Urban Company and Bluestone. The gains are expected to grow as Meesho, Amagi and others go public later this year.
STARTUP
Oyo rolls back controversial 6,000:1 bonus share plan after backlash
After drawing criticism over its complicated bonus ballot, PRISM, the parent of Oyo, has withdrawn the plan and promised a fresh, transparent version for all shareholders — signalling a course correction before its market debut.
STARTUP
Swiggy's Instamart, Zepto scrap handling charges, lower delivery fee thresholds as competition heats up
Swiggy, Zepto and Instamart follow Amazon’s quick commerce playbook via Amazon Now, which has already been offering zero miscellaneous charges to attract users in Bengaluru and Delhi-NCR.
STARTUP
Shadowfax IPO decoded: Issue size, profit rebound, investor exits and key risks
Backed by Flipkart and Eight Roads, the logistics firm has turned profitable ahead of its Rs 2,000-crore IPO but high client dependence, rising lease costs and gig workforce challenges could test its delivery on the bourses
EARNINGS
Urban Company Q2 results: Loss widens to Rs 59 crore, revenue up 37% YoY
The Gurugram-based firm said the swing back into the red was driven by heavy upfront investments in Insta Help, its newly launched daily housekeeping vertical, which offset otherwise strong growth in its core services and products businesses.
STARTUP
Swiggy’s Sriharsha Majety takes a swipe at Zepto: ‘Won’t chase volume growth with poor average order values’; Aadit Palicha responds
Zepto CEO Aadit Palicha, in an interview with Moneycontrol, hit back saying Instamart burns more cash per order than Zepto, escalating the face-off between India’s top quick commerce rivals.
STARTUP
BoAt IPO decoded: Smaller issue size, profit tailwinds, wearables slump and key risks
Backed by Warburg Pincus, the consumer-tech firm has bounced back to profitability but faces headwinds from a cooling wearables market, online channel dependence and thin margins.
BUSINESS
Snabbit raises $30 million in Series C funding led by Bertelsmann at $180 million valuation
This is Snabbit’s third fundraise in nine months, taking its total capital raised to $55 million. Snabbit currently operates in five cities — including Mumbai, Bengaluru and Gurugram — and plans to expand to the top 10 metros within the next two quarters.
BUSINESS
SBI Mutual Fund invests Rs 100 crore in Lenskart at $7.7 billion valuation ahead of IPO
The move follows RK Damani’s Rs 90-crore pre-IPO investment; Moneycontrol was the first to report on SBI MF’s planned investment earlier this month.
BUSINESS
AI to drive India’s IT industry to $400 billion by 2030; surge in AI-led outsourcing opens door for startups: Bessemer
Bessemer Venture Partners’ new report says automation will compress traditional IT pricing but expand overall outsourcing demand, creating new opportunities for AI-first startups alongside India’s tech giants.
STARTUP
Blinkit, Instamart, other quick commerce firms brace for higher competitive intensity after Zepto’s $450 mn fundraise: Analysts
Analysts say competitive pressure in India’s quick commerce space has been rising for several quarters, and Zepto’s recent fundraise is set to sharpen it further as Blinkit doubles store count, Instamart leans on discounts, and Reliance, Flipkart and Amazon expand into new city tiers
BUSINESS
Milky Mist gets SEBI nod for Rs 2,000-crore IPO; to use proceeds for debt repayment, expansion
The Tamil Nadu-based dairy major is gearing up for a Dalal Street debut as it looks to strengthen its balance sheet, diversify beyond southern markets, and take on larger FMCG and dairy rivals like Amul, Hatsun Agro and Britannia.
BUSINESS
Curefoods gets Sebi nod for Rs 800 crore IPO; Iron Pillar, Accel among key sellers
The EatFit and CakeZone operator has nearly doubled revenue in two years but continues to battle high attrition, platform dependence, and persistent losses as it gears up for a public debut.
STARTUP
How Vidit Aatrey, Meesho’s marathon man, turned pivots and discipline into an IPO-ready company
From WhatsApp boutiques to a billion orders, Vidit Aatrey’s Meesho cracked India’s value-conscious market. It will be the first major horizontal e-commerce platform to go public in India.
STARTUP
Cracker of a Diwali: Quick commerce drives record festive season sales for D2C brands
Sales are up two to three times from the previous year. Brands leaned on AI-driven forecasting, decentralised fulfilment and closer coordination with platforms to stay on schedule despite packed warehouses and worker shortages
STARTUP
Meesho IPO: Issue size, investor exits, financial report card and delivery risks decoded
Small-town shoppers made Meesho big — now the value-commerce platform is eyeing a Rs 4,250-crore IPO, with early investors set for bumper exits and the company betting big on tech and scale to steady its path to profitability.
BUSINESS
Lenskart pre-IPO: Dmart’s RK Damani and SBI MF likely to pick up shares worth Rs 200 crore
The investments come through a secondary share purchase ahead of Lenskart’s SEBI-approved IPO, which includes a Rs 2,150-crore fresh issue and an offer for sale by existing shareholders.
STARTUP
Logistics firms brace for Diwali rush amid supply chain strain, worker crunch
From smart routing to predictive dashboards, 3PL players are using AI to ease warehouse congestion and keep India’s festive deliveries on schedule..
BUSINESS
SpeakX.ai raises $16 million led by WestBridge as AI-led edtech gains traction
Once on the brink of collapse, Arpit Mittal’s YellowClass has re-emerged as SpeakX — an AI-powered spoken English platform that turned profitable within a year. Now, with a fresh infusion from WestBridge Capital, Elevation Capital and Goodwater Capital, the company wants to become synonymous with English speaking in India.
INDIA
Entrepreneurs provide the flight, govt only the runway: Scindia on India’s startup rise
Scindia said India’s transformation into a global startup and digital hub reflects a fundamental policy shift — from regulation to facilitation
DEALS-AND-MERGERS
VCs tap startup operators to sharpen investment game
As India’s venture ecosystem matures, industry stakeholders say funds are racing to bring in domain specialists who can offer sharper execution, deeper founder networks and on-ground operating muscle.
BUSINESS
Infra.Market files for Rs 5,000 crore IPO via confidential route
The Accel- and Tiger Global-backed construction materials firm is looking to tap buoyant capital markets after a recent Rs 730 crore pre-IPO fundraise and strong FY25 financials.
STARTUP
Amazon, Flipkart festive blitz fuels 29% YoY surge in first-week sales to record Rs 60,700 crore
GST reforms, early access deals and a surge in Gen Z spending have turbocharged demand across categories, from smartphones to appliances.
STARTUP
Japan-based UNLEASH Capital closes Rs 300 crore fintech fund for India, targets early-stage startups
The Japan-backed early-stage fund plans to deploy capital across 12–15 fintech and financial services startups, betting on India’s valuation reset and financial inclusion opportunity.
