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.
For SaaS startups, which rely heavily on US revenues and customer acquisition, the visa shock is already forcing a rethink of business models.
The consortium says multimodal data collection is underway as it readies for trillion-parameter training.
The firm trimmed its consolidated net loss (pre-ESOP costs) to Rs 35.23 crore in FY25, down from Rs 104 crore in FY24.
Fractal Analytics, along with IIT-Bombay’s BharatGen, Tech Mahindra and five other firms, has been chosen by MeitY to build India’s foundational models
The capital will be used to expand eight projects across nine states, covering 120,000 hectares of land and involving over 150,000 smallholder farmers
The company, founded by film producer Ronnie Screwvalaa and backed by Singapore’s Temasek, partners with about 80 universities across 10 countries to offer online MBAs and executive education.
Affected employees will receive severance as per their employment agreements, including leave encashment based on total salary.
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.
This turnaround was also partly under newly appointed India head Samir Kumar who took over from Manish Tiwary in October and ran operations for six months of FY25.
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.
