BUSINESS
After Zoho’s small-town playbook, Kovai.co bets on Coimbatore for global SaaS scale
The firm will invest Rs 220 crore in its Coimbatore development centre over the next three years and the money will fund product engineering, AI features and global expansion.
BUSINESS
Groww leads in volumes, usage; Zerodha leads in value, asset size
Groww's lead in new SIP registrations is unparalleled, but Zerodha maintains its market advantage with double the overall Assets Under Management (AUM)
BUSINESS
Ultraviolette raises $45 million from Zoho Corporation, Lingotto in Series E round
Founded in 2016, Bengaluru-based Ultraviolette builds EV platforms and battery technology and its investors include TVS Motor, Qualcomm Ventures, TDK Ventures, Zoho, Lingotto, and Speciale Invest.
BUSINESS
Government turns to domain experts as probe into Ola, Uber fare algorithm drags
The official added that while the government is convinced 'there are lapses', any quasi-judicial action must be backed by 'robust technical findings'
TECHNOLOGY
Ola pauses food delivery business, pulls Foods from app
Over the past two years, Ola has wound down or shrunk several experiments outside its mobility business, including used cars and quick commerce pilots Ola Cars and Ola Dash
BUSINESS
2026 will be breakout year for Navi, its credit-on-UPI push, says CEO Rajiv Naresh
Navi is chasing profitability as it is looking to launch an IPO in the next fiscal and the fintech has been moving in that direction over the past six months, Naresh tells Moneycontrol
BUSINESS
TVS Motor retains its lead as Hero’s Vida overtakes Ola Electric in November EV two-wheeler sales
According to the latest registration data from Vahan, TVS sold 27,382 units, commanding a 26% market share, the highest among all manufacturers for the month
BUSINESS
Digital gold companies approach Finmin for recognition, promise standardised practices
While buying digital gold is legal, there is still no clarity on whether it is regulated or formally recognised by any government authority. The SEBI advisory has caused concern among industry participants
BUSINESS
Danaher President Jai Shankar Krishnan joins Zetwerk board as Independent Director ahead of IPO
His appoitment comes as Zetwerk has appointed bankers and is likely to file its draft papers for an IPO confidentially in February-March 2026.
BUSINESS
Mirana Toys raises Rs 58 crore led by Arkam Ventures, to expand manufacturing capacity
Mirana will also expand its design and sales teams to grow its international business, as exports to the United States account for around 40 percent of its demand
BUSINESS
iOS rollout, rising willingness to pay drive Truecaller’s premium growth in India: CEO Rishit Jhunjhunwala
In October, Truecaller crossed 3.3 million paying subscriptions out of over 450 million users
BUSINESS
Groww says ‘low-quality’ F&O traders are exiting. Why it thinks that’s good for business
Groww says casual F&O traders are exiting as SEBI’s derivatives rules tighten. Profits rise, core users trade more actively despite revenue pressure.
BUSINESS
Why did Groww's Q2 net profit rise when income from operations declined?
Groww’s red herring prospectus disclosed that the company had paid a total of Rs 614 crore one-time incentives to founders during the last fiscal
BUSINESS
'In two years of 100% growth, we added a net total of just four people,' says Umesh Sachdev, CEO, Uniphore
Sachdev explains how the latest round came together, why Uniphore is doubling revenue year-on-year, how it has achieved this scale while adding a net headcount of just four people in two years, and what makes its Business AI Cloud central to the next phase of enterprise adoption.
BUSINESS
Inside Sedemac’s IPO: EV dilemma, TVS dependence, profit jump, and its R&D-driven engine
For any company heavily reliant on the internal combustion engine ecosystem, the accelerating global shift towards electric vehicles presents a fundamental business risk. Sedemac’s DRHP acknowledges that its success is tied to continued demand for ICE-based vehicles and components.
BUSINESS
MC Interview: Semiconductors are my latest crush, says Groww investor Ashish Agrawal
In this conversation, Agrawal explains why Peak XV resisted selling in multiple up-rounds, how early product calls set Groww apart, why public-market readiness begins years before listing and and what the firm is betting on as it looks for the next Groww.
BUSINESS
Improved cash flows and lower investor exits prompted IPO size cut: Capillary CEO Aneesh Reddy
Capillary Technologies had initially planned to raise Rs 430 crore through the primary issue but later reduced it to Rs 345 crore,
BUSINESS
Ather vs Ola Electric: How they stack up in Q2 of FY26
A snapshot of how the two electric scooter makers stacked up this quarter across key financial and business metrics.
BUSINESS
Juspay turns profitable, FY25 revenue grows 61% to Rs 514 crore
The company’s daily transaction volume increased from 175 million to over 300 million YoY, while annualized total payment volume (TPV) surged 150 percent to $1 trillion from $400 billion.
BUSINESS
RBIH to build AI-driven Digital Payments Intelligence Platform; looks to hire senior leaders
The Reserve Bank Innovation Hub (RBIH) is developing the Digital Payments Intelligence Platform (DPIP) to assign real-time risk scores to every transaction, aiming to strengthen fraud detection and bolster India’s digital payment security.
BUSINESS
Exponent Energy enters retrofit business with ‘Exponent Oto’
The Bengaluru-based startup will enable CNG and LPG autorickshaws to be converted into 15-minute fast-charging electric vehicles within 24 hours
BUSINESS
Zoho’s Arattai messaging app loses steam, drops out of top 100 apps on Android and iOS in India
Arattai has also seen a sharp decline in its App Store rankings, slipping from the top position in mid-October to 123rd place in the apps leaderboard on November 4, Moneycontrol observed.
BUSINESS
From FOMO to Function: Can AI transform India’s fintech and banking backbone
Despite the AI buzz, India’s fintech and banking players are treading cautiously, experimenting, not overhauling, as they balance innovation with regulation in one of the world’s most tightly governed financial sectors.
BUSINESS
Festive demand revs up Bajaj Auto to top spot in EV two-wheeler sales; Ola slips to fourth
Bajaj sold 29,597 EV two-wheelers in October, followed by TVS Motor and Ather Energy, while festive offers and new launches boosted overall market demand.
