Industry players have engaged with commerce minister Piyush Goyal and the ministry of heavy industries, seeking incentives to support rare-earth-free technologies alongside mining
Companies that showed evidence of progress - whether through profitability, soaring adoption metrics, synergies playing out, or strengthening category leadership- were rewarded. Those still in transition were met with patience, not premium.
Interestingly, the debit card payments online is likely to be much below last October’s figures, an indication that more people are shifting their online purchases to credit cards to avail offers
The company plans to deploy the primary capital to strengthen research and development and manufacturing, step up brand building, and build out a health-tech ecosystem around its products
The move follows a wave of high-profile departures at ONDC, Founder-CEO Thampy Koshy stepped down in April 2025.
Curefoods has allotted 1.28 crore equity shares at Rs 124 per share to 3State Ventures Pte. Ltd, Bansal’s investment arm.
The round is part of a larger ongoing fundraise, with the company preparing for an external tranche that will include a 'significant secondary component' to offer exits for some early investors, including Chinese backers such as TAL Education and Legend Capital
The move comes after the Enforcement Directorate (ED) in July filed a case under the Foreign Exchange Management Act (FEMA), 1999, against Simpl and its founder-director, Nithya Nand Sharma, for alleged foreign exchange violations worth Rs 913.75 crore.
With 53 showrooms across key cities such as Bengaluru, Goa, Pune, Vijayawada, Hyderabad, Vizag, and Kochi, the company plans to open 150 stores and 200 service centers across India this year
In the backdrop of mounting tariffs, the US H1B visa conundrum should drive Indian businesses to redefine strategies and turn potential disruption into opportunities
The AI universe has engulfed industries and economies that are committing huge spends even as it has sparked fears of job losses
The eatery, also backed by Kumar Vembu, the brother of Zoho founder Sridhar Vembu, had engaged with Elevation Capital around 18 months back for a fundraise but negotiations had paused back then. The two parties have now agreed on favourable terms, as per sources.
For small ticket unsecured loans, NBFCs tend to be more eager and earnest than banks and hence their participation is key for the product’s take off
Emergent plans to use the Series A funds to expand its team, deepen research into AI coding agents, and grow the platform globally.
Tata 1mg is currently seen as one the best performing businesses in the Tata Digital portfolio, Economic Times reported citing people familiar with the matter.
Bengaluru-based startup aims to scale production with diversified portfolio to challenge established players
The Bengaluru-based fintech startup has processed over Rs 100 crore in repayments and is nearing 2 million users; funds will be used to expand its team and launch AI-native credit tools.
As it happens, both Accel and Prosus are key investors in food and grocery delivery platform Swiggy, which just sold its entire stake in Rapido to avoid any conflict of interest.
Sources said this is a fully a secondary transaction and Rapido will raise a primary round too at a valuation of $2.7-3 billion.
Launched less than a year ago, Supermoney has quickly become India’s fifth-largest UPI app, handling about 257 million transactions a month, according to data from the National Payments Corporation of India.
The company will use the capital to strengthen R&D, expand product capabilities and expand globally footprint with new headquarters in Palo Alto, California
As per AMFI data, 6 million new SIPs were created in India in June 2025, while Groww created 2 million new SIPs during the period, implying that around 33 percent of all new SIPs were created on the company’s platform.
Karnataka Minister for Information Technology and Biotechnology (IT-BT) Priyank Kharge said the programme is designed to catalyse innovation, create five lakh jobs, and build robust startup ecosystems across the state beyond Bengaluru.
Phonepe's adjusted EBITDA (excluding ESOP costs) more than doubled to Rs 1,477 crore from the previous year
These comments from the brokerage firm come at a time when Swiggy faces intensifying pressure on its balance sheet.
