BUSINESS
Infra.Market raises Rs 730 crore at Rs 24,600 crore valuation led by Nikhil Kamath; plans to file DRHP this month
Moneycontrol understands that this is likely the final private funding round, as Infra.Market plans to file its draft red herring prospectus (DRHP) with the market regulator within weeks, with an IPO expected later this year.
BUSINESS
PhonePe, Paytm, Cred shut down rent payment services amid RBI curbs
The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, issued on September 15, which bar PAs from facilitating payments to entities with whom they lack a direct contractual relationship.
BUSINESS
Rising revenue, growing user base, regulatory headwinds: 7 things to know about Groww’s DRHP
In Q1 FY26 Groww's revenue came in at Rs 904.3 crore. Active client growth of 35.5% in FY25 outpaced most listed peers. .
BUSINESS
Bhavish Aggarwal-led Ola Electric files Rs 400-crore PLI claim for FY25
Backed by Rs 3,000 crore in 'eligible sales', Ola Electric is expected a liquidity boost through PLI payout
BUSINESS
After a tough FY25, fintech NBFCs expect GST cuts to revive growth and margins this year
Industry watchers expect a phase of consolidation, where stronger players with healthier balance sheets and access to capital markets will pull ahead, while smaller or weaker NBFCs, especially those focused on unsecured lending, may be forced to rethink their strategy or seek partnerships.
BUSINESS
ONDC extends financial incentives through September as retail orders continue to decline
According to the company's open data, ONDC clocked 17.94 million transactions in August 2025, up 2.7 percent from July. Mobility and logistics drove the increase with 11.81 million rides and 2.35 million logistics orders. Retail orders were at 3.76 million transactions, down sharply from 6.1 million in August 2024.
BUSINESS
Whatfix launches AI Agents to boost enterprise productivity, expects 25% ARR jump
The first three agents, Authoring, Insights, and Guidance, are now available across Whatfix’s suite.
BUSINESS
EV makers charge up for festive season demand with focus on tier II and III cities
With the GST Council’s decision to keep EVs in the 5 percent slab, industry executives say structural tailwinds this year are stronger
BUSINESS
MC interview: “Together Fund is my startup now, will watch Freshworks grow as a shareholder,” says Girish Mathrubootham after exit
In a candid interview from the US, Mathrubootham reflected on the emotional weight of his exit, the company’s culture, and his new chapter as he turns his focus to nurturing startups through his venture fund, Together.
BUSINESS
Being a public company is less stressful than staying private, says Ather CEO Tarun Mehta
Ather Energy went public in July 2025, shortly after rival Ola Electric’s listing in August 2024, which was India’s first major EV startup IPO.
BUSINESS
Ather Energy rules out cell manufacturing, to bet on partnerships instead
While several EV players, including Ola Electric and Reliance New Energy, have announced ambitious plans for giga-scale cell factories, Ather is keeping its focus on design, engineering, technology, and brand.
BUSINESS
Ather Energy is moving to light rare earth magnets amid supply chain crisis
India’s electric vehicle industry has been grappling with supply risks due to the concentrated global supply of heavy rare earths, which are critical for high-performance magnets used in EV motors
BUSINESS
Ather Energy rolls out 'Pothole Alert' feature on scooters to address rider safety
Alongside this, Ather has introduced Crash Alerts, designed to distinguish between minor and severe accidents.
STARTUP
Ather Energy doubles market share to 17% YoY, unveils new 10-minute fast chargers
Ather has expanded its retail footprint to 416 stores nationwide and plans to reach 700 outlets.
BUSINESS
Online gaming law: Payment companies seek sufficient time from MeitY and RBI for processing customer refunds, chargebacks
During a meeting held on August 29, government officials also sought suggestions from the industry on the rules for the Promotion and Regulation of Online Gaming Act, 2025
BUSINESS
AI agents are emerging as the new growth engine for Indian SaaS companies
A US-based company that once needed a three-month product trial closed in just four weeks after seeing an AI copilot auto-resolve tickets during a demo.
BUSINESS
SEBI clears Groww’s IPO, paving way for one of India’s biggest fintech listings
The offering is expected to value the Bengaluru-based fintech at $7–8 billion, marking a major milestone in India’s startup and financial services ecosystem.
BUSINESS
After two months, Rapido and Uber resume bike taxi services in Karnataka
Bike taxi services were banned in Karnataka since June 16. Moneycontrol on August 21 found that Rapido and Uber were showing bike taxi options and accepting bookings.
BUSINESS
Bhavish Aggarwal sets 25–30% market share target for Ola Electric, bets on vertical integration for better margins
Aggarwal tells Moneycontrol that the past six months have been 'transitional', as Ola Electric phased out its Gen 2 scooters, ramped up supplies of its Gen 3 models and introduced its electric bike
BUSINESS
De-risking from rare earths with ferrite magnet motors, says Ola's Bhavish Aggarwal
Ola's Bhavish Aggarwal said that starting next quarter, the company will integrate its in-house ferrite motor technology into products to de-risk from the rare earth supply chain.
BUSINESS
I don't regret taking Ola Electric public, says founder Bhavish Aggarwal on market feedback since IPO
'The best companies in the world are always built in public markets... the rigour comes in from public market scrutiny,' Aggarwal tells Moneycontrol
BUSINESS
India's EV market in middle of S curve, will see another steep ramp up soon: Ola Electric’s Bhavish Aggarwal
Aggarwal said improvements in technology will drive the next growth phase, pointing to falling costs, higher ranges, and faster charging speeds.
STARTUP
Ola Electric integrates homegrown 4680 battery cells into S1 Pro+ and Roadster X+, slashes prices ahead of festive season
The company also unveiled the S1 Pro Sport, priced at Rs 1,49,999, with bookings opening today and deliveries set to start in January 2026.
BUSINESS
Stock broking firm Fyers launches stock market analysis tool integrated with OpenAI’s ChatGPT
FIA GPT is trained on Indian financial markets and can answer queries in plain English on areas such as portfolio performance, sector exposure, stock highs and lows, options chain analysis, and order book monitoring.
