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Tushar Goenka

Special Correspondent

Moneycontrol

Groww payout, carry row: Inside the avalanche that triggered partner exits at Peak XV

BUSINESS

Groww payout, carry row: Inside the avalanche that triggered partner exits at Peak XV

All partners were aligned until about a week ago. But tensions began building over the last five to six days, which led to Ashish Agrawal deciding to quit abruptly, with the other two following suit, sources told Moneycontrol.

Mithun Sacheti weighs Orra Fine Jewellery acquisition, years after selling CaratLane to Titan

BUSINESS

Mithun Sacheti weighs Orra Fine Jewellery acquisition, years after selling CaratLane to Titan

Sacheti is likely to team up with Plutus Wealth Management to acquire Orra. He told Moneycontrol in 2023 that a non-compete clause which barred him from starting up again for more than 24 months was 'criminal'

Davos 2026: Look to deploy $250 million in India this year, says Investcorp’s CIO Rishi Kapoor

BUSINESS

Davos 2026: Look to deploy $250 million in India this year, says Investcorp’s CIO Rishi Kapoor

“India, both in terms of performance and growth, has been actually one of our stronger performing markets…it continues to be one of our top three conviction markets going forward,” Kapoor told Moneycontrol

Twice at the brink, now at the top: Albinder Dhindsa’s astronomical rise at Eternal

BUSINESS

Twice at the brink, now at the top: Albinder Dhindsa’s astronomical rise at Eternal

Bound by a two-decade friendship and deep personal ties to Zomato — including Dhindsa’s wife Akriti Chopra being among its early co-founders — Deepinder Goyal's trust in Albinder Dhindsa has endured doubt, tension and testing to culminate in the group’s biggest leadership bet yet.

Davos 2026: B Capital to do more AI services deals in India, says co-founder Raj Ganguly

BUSINESS

Davos 2026: B Capital to do more AI services deals in India, says co-founder Raj Ganguly

The Indian startup ecosystem will also need to see more IPOs and M&As as it matures, Ganguly said in the interview to Moneycontrol

Emergent raises $70 million from Khosla Ventures and SoftBank at $300-million valuation as AI funding stays hot

BUSINESS

Emergent raises $70 million from Khosla Ventures and SoftBank at $300-million valuation as AI funding stays hot

Emergent will use the funds to launch new products, strengthen offerings to smartphone users, kickoff enterprise relationships (B2B sales), hire more employees and set up an office in Europe, Mukund Jha, co-founder and CEO, told Moneycontrol.

Davos 2026: Many CEOs today don’t know what to do next: PwC Global Chairman Mohamed Kande as AI, Trump tariffs uncertainty looms

BUSINESS

Davos 2026: Many CEOs today don’t know what to do next: PwC Global Chairman Mohamed Kande as AI, Trump tariffs uncertainty looms

However, from an attractiveness standpoint, jointly with the UK and Germany, India is now the second most wanted investment destination by global investors, Sanjeev Krishan, Chairperson, PwC India told Moneycontrol

Davos 2026: AIF structure in India’s GIFT City has been a phenomenal regime for Kedaara, says chief Manish Kejriwal

BUSINESS

Davos 2026: AIF structure in India’s GIFT City has been a phenomenal regime for Kedaara, says chief Manish Kejriwal

“Relative to previous years, we will probably not be deploying as much capital this year, but it's purely a function of opportunities and the right valuation,” Kejriwal told Moneycontrol an interview at the World Economic Forum in Davos on January 19.

L Catterton's India Partner Anjana Sasidharan to quit, start her own fund

BUSINESS

L Catterton's India Partner Anjana Sasidharan to quit, start her own fund

Sasidharan is moving on from L Catterton to start an early-stage consumer-focused venture capital fund, joining a growing list of fund managers who are choosing to become solo GPs

Strike has no impact: Zomato, Swiggy, Zepto others pay over Rs 100 crore to gig workers amid record high NYE order volumes

BUSINESS

Strike has no impact: Zomato, Swiggy, Zepto others pay over Rs 100 crore to gig workers amid record high NYE order volumes

While food delivery companies paid out Rs 60-70 crore to gig workers on NYE, quick commerce firms paid a total of Rs 50-60 crore, a jump of at least 30 percent over a regular day, three top executives at different companies told Moneycontrol

Deepinder Goyal in talks to invest in Pixxel’s latest fundraise of over $55 million

BUSINESS

Deepinder Goyal in talks to invest in Pixxel’s latest fundraise of over $55 million

While the commitments for a $55-60 million fundraise are already in, talks are still ongoing and Pixxel might end up upsizing the round to around $80-100 million, sources told Moneycontrol

Blinkit CFO Vipin Kapooria quits in about a year since taking over; likely to rejoin Flipkart

BUSINESS

Blinkit CFO Vipin Kapooria quits in about a year since taking over; likely to rejoin Flipkart

Kapooria, appointed around October 2024, was Blinkit's first full-time CFO since 2022. He has now quit to rejoin Flipkart, marking his third stint with the e-commerce major, just ahead of its IPO, sources told Moneycontrol

Zepto to confidentially file draft IPO papers on December 26

BUSINESS

Zepto to confidentially file draft IPO papers on December 26

“Zepto’s pre-filing work is done and it will likely inform all the stakeholders about the filing on December 26,” a source told Moneycontrol

Audiobooks platform Kuku taps Kotak, JM Financial and others for Rs 3,000 cr IPO

BUSINESS

Audiobooks platform Kuku taps Kotak, JM Financial and others for Rs 3,000 cr IPO

Kuku will look to file its papers during the January-March quarter and look to list on the stock exchanges by the mid of calendar year 2026, a source told Moneycontrol

Kae Capital to raise a new fund of around $100 million

BUSINESS

Kae Capital to raise a new fund of around $100 million

The fund will continue to back seed and Series A startups and about 80-85 percent of the corpus will be reserved for such early bets

Quick home-services startup Pronto in talks to raise $25 million at $100 million valuation

BUSINESS

Quick home-services startup Pronto in talks to raise $25 million at $100 million valuation

A potential $25 million round, from Epiq Capital, Glade Brook Capital, General Catalyst and Bain Capital, comes as 10–15 minute home-services startups race to scale amid intensifying competition and rising investor interest

Visa startup Atlys in talks to raise around $40 million from SIG, MakeMyTrip amid travel boom

BUSINESS

Visa startup Atlys in talks to raise around $40 million from SIG, MakeMyTrip amid travel boom

Atlys is being valued at around $200 million in the ongoing negotiations with potential investors, including Sofina, sources told Moneycontrol

Marico in talks to acquire Cosmix to strengthen protein business

BUSINESS

Marico in talks to acquire Cosmix to strengthen protein business

Cosmix, founded in 2019, had last raised Rs 1 crore at a valuation of Rs 100 crore on Shark Tank in 2024 and is now looking to be sold to Marico for about Rs 300 crore, sources told Moneycontrol.

Smart fan maker Atomberg picks bankers for Rs 2,000-crore IPO

BUSINESS

Smart fan maker Atomberg picks bankers for Rs 2,000-crore IPO

Atomberg will look to file its draft IPO papers likely under the confidential route in January and will aim to list by around March or April of 2026

SoftBank is back! Sumer Juneja signals India investments in 2026, says ‘we don’t want to be out of the game’

BUSINESS

SoftBank is back! Sumer Juneja signals India investments in 2026, says ‘we don’t want to be out of the game’

In an interview with Moneycontrol, SoftBank's Sumer Juneja said the Japanese investment giant is confident of deploying capital in India, even through smaller, sharper bets.

MC Interview: 'We’re competing with IPOs now': SoftBank’s Sumer Juneja says startup listings are rewriting India’s funding game

BUSINESS

MC Interview: 'We’re competing with IPOs now': SoftBank’s Sumer Juneja says startup listings are rewriting India’s funding game

In an interview with Moneycontrol, Juneja said while competing with public markets may not be ideal for big funds, the rush of liquidity is phenomenal for the Indian startup ecosystem.

Khosla Ventures, SoftBank in talks to invest in Emergent’s $60-million round

BUSINESS

Khosla Ventures, SoftBank in talks to invest in Emergent’s $60-million round

The round, which will be Emergent’s largest, will also mark SoftBank’s return to the Indian startup ecosystem. SoftBank has remained on the sidelines and largely done only follow-on rounds

Swiggy QIP: SBI MF, ICICI Prudential MF, Temasek, GIC, and others drive over 4X demand for Rs 10,000 crore QIP

BUSINESS

Swiggy QIP: SBI MF, ICICI Prudential MF, Temasek, GIC, and others drive over 4X demand for Rs 10,000 crore QIP

Temasek, an early backer of Eternal (formerly Zomato), is now looking to bet on Swiggy, sources told Moneycontrol.

RDI Fund will be a success if Rs 1 lakh crore catalyses Rs 10 lakh crore in deep tech VC investments: DST Secretary Abhay Karandikar

BUSINESS

RDI Fund will be a success if Rs 1 lakh crore catalyses Rs 10 lakh crore in deep tech VC investments: DST Secretary Abhay Karandikar

Karandikar told Moneycontrol that the fund is willing to take lower returns, with an aim to produce 5-10 globally competitive deep tech companies from India in 15 years. It aims to deploy Rs 15,000 to 20,000 crore each year starting 2026.

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