BUSINESS
Jar in talks to raise over $100 million at $550 million valuation; WestBridge issues termsheet
As many as five investors are engaging with Jar for the new round.
BUSINESS
Customers migrating from Adobe, Salesforce to MoEngage: CEO Raviteja Dodda opens up on India flip, IPO
Valued at around $800–850 million, the customer engagement platform says AI-led migrations from legacy marketing clouds, improving profitability and a largely secondary funding round are shaping its IPO roadmap
BUSINESS
Deeptech fund Speciale to launch Rs 1,400 crore Growth Fund II, appoints Vijay Jacob as General Partner
The fund will invest from Series A onwards, backing deep-tech companies as they move from technical validation to commercial deployment.
BUSINESS
IPO-bound Zetwerk sees a rise in demand from AI-led data centres, to close FY26 above $2 billion in revenue
Energy-related manufacturing, including transformers, solar trackers and wind turbine components, now contributes nearly 40% of Zetwerk’s revenue and is growing at roughly 100% YoY, co-founder and chief executive Amrit Acharya told Moneycontrol.
BUSINESS
In an AI world racing to automate, Prosus-backed Deccan AI is betting big on humans
Deccan AI works with frontier labs to supply complex, high-fidelity training data and human evaluations that keep models accurate, grounded and safe.
BUSINESS
Bike-taxis, three-wheeler autos will drive next wave of mobility in India, says Uber India President
Singh also confirmed that Uber has already onboarded electric vehicles that entered the market after Bluesmart began winding down operations.
BUSINESS
Broking will remain 'strong core' but lending, other businesses growing as well, says Angel One Group CEO
The company is widening access to wealth management through Ionic Wealth, which lowers the entry level to under Rs 1 crore, CEO Ambarish Kenghe tells Moneycontrol
BUSINESS
Drone startup Airbound to raise $30 million in fresh funding led by Greenoaks
Airbound was founded in 2023 by Naman Pushp, who first began working on drones at the age of 15.
BUSINESS
Cross-border payments startup Skydo raises $10 million in Series A round led by Susquehanna Asia Venture Capital
The company plans to use the capital to expand local collection capabilities in more than 20 countries, obtain international licences, and build deeper card and compliance infrastructure.
BUSINESS
From Bharat Taxi to state-run mobility apps, Namma Yatri piggybacks on govt platforms
Moving Tech Innovations, the company behind Namma Yatri, is tapping central and state government partnerships to scale nationally as zero-commission rivals challenge its first-mover advantage.
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.
