Zerodha to offer investment in US stocks in next quarter through GIFT City
'We are working on it, and we should have something in the next quarter. It is a product launch,' CEO Nithin Kamath has said
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.
Accel and Prosus to co-invest in former’s early-stage founder programme Atoms X
Prosus will match Accel’s investment in each company. Earlier each company would get around $250,000 to $1 million in funding but now they’ll be able to raise around $500,000 to $2 million at the early stage.
Lenskart Q1 FY26: Profit rises to Rs 61 crore as revenue grows 25% ahead of IPO
Eyewear retailer posted a strong quarterly performance led by store expansion and international growth
Lenskart files revised RHP to raise Rs 2,150 crore via fresh issue, trims OFS to 12.76 cr shares
The eyewear retailer’s updated filing details a sharper issue structure, revised utilisation of funds, and confirmed IPO timeline, as it gears up for one of the year’s biggest consumer internet listings.
Deepinder Goyal commits $25 million to fund Continue, his longevity venture focussed on health tracking and human ageing
Moneycontrol was first to report in October 2024 Zomato’s Goyal has incubated ‘Continue’, a longevity venture around health tracking and mental wellness.
Investment platform Wint Wealth in talks to close $20-million round led by Vertex Ventures
The deal comes amid continued investor interest in India’s wealthtech segment, which has been one of the more active fintech verticals since last year
No ambiguity in laws, Binance eyes major growth from India, says APAC Head SB Seker
"We want a significant number of our next billion users to come from India," Seker told Moneycontrol.
UPI mapper rule to promote interoperability triggers slugfest among payment apps, chaos for consumers
In the end, NPCI blinked. Fierce one-upmanship among UPI apps forced a rollback, restoring uneasy peace in India’s payments ecosystem
WazirX restarts exchange operations tomorrow, 15 months after a crippling cyberattack
As a part of a 'Restart Offer', users will be charged no trading fee across all trading pairs
AI in BFSI still in early experimentation stage: Perfios CEO Sabyasachi Goswami
Despite growing buzz around AI in banking, Goswami says most financial institutions remain in the testing phase, with true enterprise-level adoption still a few years away.
Uniphore raises $260 million in Series F funding from NVIDIA, AMD, Snowflake and Databricks
The Palo Alto headquartered firm, which started as a conversational AI company in Chennai, counts Allstate, Dell, Priceline and The Washington Post among its over 2,000 clients
UnifyApps raises $50 million led by WestBridge Capital to help enterprises scale genAI
With the fresh funding, the enterprise AI platform plans to expand globally, deepen product integrations, and accelerate platform development as it positions itself as the ‘operating system’ for AI-native enterprises.
India Quotient raises $129 million in Fund 5 to bet on early-stage startups
India Quotient has also promoted two of its executives, Kanika Agarrwal and Sahil Makkar, to the position of partner
Zoho set to launch consumer payments app ‘Zoho Pay’
The Chennai-headquartered SaaS giant is expanding its fintech play with Zoho Pay, a consumer payments app integrated into Arattai, alongside new POS devices and financial software offerings.
A record October for UPI; Diwali boom, GST cuts fuel 13% surge in transactions
The average daily value of UPI transactions has already climbed 13 percent over September to Rs 94,000 crore. The monthly value is poised to cross Rs 28 lakh crore for the first time
Meesho receives SEBI approval for $800 million IPO as new-age companies line up to go public
Meesho's net loss for FY25 stood at Rs 3,941 crore, up from Rs 305 crore, due to expenses related to flipping its base from the US to India. Without the exceptional item, Meesho’s net loss was Rs 289 crore.
Around 300 employees impacted at Zepto amid cost efficiency drive at the quick commerce company
A total of around 1,000 Zepto employees have been impacted since the beginning of the year, sources told Moneycontrol. Zepto is also cutting back its spends on AWS and other software and the company will go "very tight" on hiring.
Zepto and DMart at the same juncture, CEO Aadit Palicha in employee town hall a day after $450 million fundraise
“We have cracked proximity, but yet to crack value and DMart, the retail giant, has cracked value but not proximity,” Palicha is learnt to have said, per employees Moneycontrol spoke to.
Lenskart pre-IPO: Dmart’s RK Damani and SBI MF likely to pick up shares worth Rs 200 crore
The investments come through a secondary share purchase ahead of Lenskart’s SEBI-approved IPO, which includes a Rs 2,150-crore fresh issue and an offer for sale by existing shareholders.
Peak XV Partners to lead $25 million round in Stable Money, four months after $20 million fundraise
Stable Money's new funding round follows a $20 million investment from Fundamentum and others in June, as wealthtech platforms continue to attract investor interest
Priyank Kharge welcomes Snabbit, says govt committed to building infra to support innovation
As reported by Moneycontrol, Snabbit moved from Mumbai to Bengaluru’s Koramangala
Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO
Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size
Tariff uncertainties prompting clients to rethink supply chains, says Wipro CEO Srinivas Pallia
The Wipro chief noted that global clients are becoming increasingly cautious amid changing trade policies.
