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
Akshayakalpa Organic in talks to raise Rs 350 crore from Temasek’s ABC Impact, Narayana Murthy's Catamaran, others
The company's valuation is also set to jump nearly 3X from Rs 590 crore three years ago to Rs 1,500 crore now, sources told Moneycontrol.
BUSINESS
Agilitas nears Rs 450 crore fundraise deal with Nexus Venture Partners
While the commitment is in, the amount will be wired to Agilitas in two tranches of $25 million (Rs 225 crore) each, sources told Moneycontrol.
STARTUP
Ronnie Screwvala earmarks $50 mn to back AI, deeptech, spacetech startups; says he’s looking for his 'next Lenskarts'
In an interview with Moneycontrol, Screwvala said India’s next wave of long-cycle value creation will come from technical founders building in frontier sectors, making this the right moment for concentrated, long-horizon bets.
STARTUP
UpGrad’s CPTO Ankur Dhawan steps down amid Unacademy acquisition talks
Ankur Dhawan joined UpGrad in 2020 and was elevated to Chief Product and Technology Officer earlier this year.
BUSINESS
Putting most digital payments through single rail could pose systemic risks, Mastercard’s Gautam Aggarwal
RBI is probably the most advanced regulator, primarily because we have found that right balance of data sovereignty, nationalist pride, still allowing international players to co-exist, he adds
BUSINESS
Spinny to acquire GoMechanic in Rs 450 crore cash-plus-stock deal
The used-car platform is deepening its push into after-sales services after narrowing losses and raising fresh capital
BUSINESS
Ronnie Screwvala says Peyush Bansal priced Lenskart IPO 20% below actual value; adds Titan ‘didn’t expand the market’
Screwvala also told Moneycontrol the valuations that other listed internet companies like Zomato (Eternal), Nykaa and PB Fintech, and others are stating are "way off".
STARTUP
Ronnie Screwvala's UpGrad in talks to acquire Unacademy for $300- $400 million
The move follows Unacademy’s leadership transition, with co-founder Sumit Jain heading test prep, and Gaurav Munjal and Roman Saini set to lead AirLearn independently.
BUSINESS
Zepto’s meat business CEO Chandan Rungta quits, latest in a string of recent exits
Apoorv Pandey, senior vice president, strategy, and Chandresh Dedhia, VP and head of information technology at Zepto, along with other employees who have spent over three years at the startup, have also quit in recent months
BUSINESS
Top domestic mutual funds, AMCs and marquee global funds queue up for Groww IPO
At the IPO price band of Rs 95–Rs 100, Groww is valued at around Rs 62,500 crore ($7.1 billion)
BUSINESS
Startup boom in 2000s killed open-source momentum in India: Zerodha CTO Kailash Nadh
Nadh also said that open-source capability is central to national technology resilience.
TECHNOLOGY
No country can build tech capacity without open source, says Zerodha CTO Kailash Nadh
He added that modern digital systems, including those used by governments and large enterprises, are built on open-source software layers that cannot be replaced or rebuilt independently.
BUSINESS
India’s market regulator is one of the most progressive in the world: Groww’s Lalit Keshre on recent F&O curbs
Groww announced the IPO price band of Rs 95 to Rs 100, which values the company at around Rs 62,500 crore ($7.1 billion)
BUSINESS
MC Interview: No trade-offs for short-term gains: Groww CEO Lalit Keshre on IPO and long-term focus
Groww co-founder and CEO Lalit Keshre says the company won’t trade long-term focus for short-term gains. Groww’s philosophy, he insists, remains unchanged — “time in the market matters more than timing the market.”
TECHNOLOGY
India’s rapidly growing developer community a key investment area with huge potential, says Microsoft’s Jay Parikh
Microsoft-owned GitHub is pursuing a broad strategy to drive adoption of its developer platform in India, targeting students, universities, and companies, COO Kyle Daigle told Moneycontrol.
TRAVEL
India needs to up the holiday experience or it will lose to Bali, Vietnam: ixigo's Aloke Bajpai
India needs to make its holiday destinations more accessible at the last mile, ixigo co-founder said.
BUSINESS
Very discontent right now: Peyush Bansal on why there won't be a book on Lenskart and him like Zomato and Deepinder Goyal yet
While he has not decided if he will publish a book, and a name for it yet, Bansal said when he begins to work on the idea, he would title it “Vision for Billion”.
BUSINESS
Consumer companies either become global brands or won't be a brand at all: Lenskart’s Peyush Bansal
Lenskart acquired Owndays in Japan and Stellio in Spain to grow its international presence. The Middle East and regions like Singapore are key to the company’s next phase of growth, says the CEO
BUSINESS
TAM doesn’t matter. I don’t track it, that is an analyst’s job, says Lenskart’s Peyush Bansal
Even if it is Rs 5,000 crore, we can give vision to 50 percent of India and that is a sizable impact to create and so our job is not changing because of that, Peyush Bansal, CEO and co-founder, Lenskart, told Moneycontrol in an interview.
BUSINESS
MC Interview: IPO not an exit event; Being a Promoter has an emotional angle: Lenskart’s Peyush Bansal
In a freewheeling chat with Moneycontrol, Peyush Bansal, CEO and co-founder of the company said it doesn't matter to him what the total addressable market (TAM) is beyond a certain point. "I don't get into this, I don’t track it. I think this is an analyst’s job."
BUSINESS
Dunzo co-founder Kabeer Biswas to leave Flipkart in less than a year since joining
Kunal Gupta, Vice President at Flipkart, will now lead Flipkart Minutes to ensure a seamless continuation of the business and operations. Gupta has been with Flipkart for over a decade.
INTERVIEW
‘Excellent hospitals, poor claims’: PB Fintech’s Alok Bansal says India’s insurance system needs urgent attention
Bansal said misaligned incentives make the insurance claims process subpar despite India’s medical excellence, as PB Fintech expands into healthcare with its new venture PB Healthcare.
TECHNOLOGY
STPI bets on tier-2, tier-3 cities to build India’s next wave of tech entrepreneurs
Director General Arvind Kumar says STPI 2.0 aims to turn India into a software product nation by nurturing innovation beyond metros, supporting startups, and building deep-tech talent.
