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.
Zepto closes $450 million funding from Calpers and existing investors; taking total fundraise close to $2 billion in under two years
Zepto is now valued at $7 billion, up from $5 billion just last year. Moneycontrol had exclusively reported Zepto is nearing a $450 million funding round led by Calpers on October 1. CEO Aadit Palicha said Zepto has a cash balance of $900 million now.
Zomato doesn’t need a separate app, like Swiggy’s Toing and Rapido’s Ownly, to solve for budget-conscious customers: CEO Deepinder Goyal
While analysts have long debated on which approach works best, most companies are now launching seperate apps for different use cases to improve the recall in consumers' minds as cross-selling becomes more and more difficult.
CoinDCX co-founder Sumit Gupta says India needs more crypto players for market maturity, denies conflict of interest with Coinbase post funding
India is going to be a large market for crypto assets in the coming years, and the exchanges in the country and globally are building for that, CoinDCX co-founder Gupta told Moneycontrol.
Razorpay revenue surges 65% in FY25, posts loss due to redomiciling costs
The company reported a post-ESOP loss of Rs 1,209 crore
OPINION | The Hidden Compliance Cost of Good PR: A cautionary tale for regulated industries
Public statements by healthcare startups carry legal, regulatory, and reputational risks. Careless disclosures on partnerships, valuations, or roles can damage trust, hinder deals, and trigger costly litigation—discipline in communication is essential
Ola Electric enters energy storage solutions market with launch of ‘Ola Shakti’
Ola Shakti can power appliances such as air conditioners, refrigerators, and pumps, offering up to 1.5 hours of backup at full load
Quick services startup Snabbit relocates from Mumbai to Bengaluru’s Koramangala to tap tech talent
Snabbit is moving to Bengaluru at a time when industrialists and the state government are at loggerheads over infrastructure issues, traffic woes and other challenges that are crippling the city’s growth.
Paytm simplifies group structure, transfers offline merchant payments to PPSL in internal rejig
The board of One 97 Communications approved several intra-group transactions on October 15, to consolidate its financial and technology entities under direct ownership.
Prosus picks up additional 5.33% stake in ixigo, increases holding to around 15%
The additional 5% stake costed Prosus around Rs 620-660 crore, taking its total investment in ixigo to around Rs 1,900-2,000 crore. Moneycontrol was first to report about the deal on October 10.
From Marico to mentorship: Harsh Mariwala on succession planning, India’s quick commerce wave and Ascent Foundation’s ambitions
Mariwala is bullish on the growth of the quick commerce segment, expecting FMCG companies to get about 8-10 percent of their sales through it soon.
Ex-PNB chief Sunil Mehta floats credit rating agency Acer; NPCI’s Ajay Choudhary, MS Sahoo on board
Promoters, including Mehta and the financial institutions such as Indian Overseas Bank and Central Bank of India, have together invested around Rs 25-30 crore to capitalise Acer Credit, which will operate from Gurugram and Mumbai
Coinbase invests in CoinDCX at $2.45 billion valuation, doubles down on India, Middle East
Coinbase believes that India and the Middle East are two markets that are poised to play a pivotal role in the future of global crypto adoption.
