Offline card transaction value down 17% this festive season as users shop online
UPI transaction volume was lower in September, compared to August, even with the boost from lower GST rates and online festive sales
Crypto exchange Bybit steps up India push with team expansion, user growth drive, crypto card plans
India’s stance on crypto regulations is getting much better, as the regulators are a lot more open to conversations, Michelle Daura, Head of Regulated Expansion Regions, Bybit told Moneycontrol.
Zerodha revenue drops for the first time in FY 25, Sebi regulations to hit FY 26 topline by 40%
The competitive intensity has resulted in Zerodha’s market share in active traders coming down from 22 percent in early 2023 to around 16 percent now. However, the company’s market share in terms of client assets accounts for about 10 percent of all retail and high-net worth individuals' assets under management in the country
IPO-bound Boat names Gaurav Nayyar as its third CEO in three years; Aman Gupta to step down from operating role
The company’s chief operating officer (COO), Gaurav Nayyar, who was appointed from Bain & Company only in October 2022, has been promoted to the top position
TVS Motor leads September electric two-wheeler sales, Ather breaks into top 3
As many as 96,031 electric two-wheelers were sold in September, with TVS leading with a 21.9 percent market share.
SaaS firm Capillary Technologies gets SEBI nod for IPO
Bengaluru-based SaaS firm plans fresh issue of Rs 430 crore and OFS of 1.83 crore shares; proceeds to fund infra, R&D, and acquisitions.
Zoho’s Arattai sees renewed interest as WhatsApp rival but can it succeed where others failed?
The app has climbed to the top of Apple's App Store and is on track to break into the top 100 on Google Play, after previously ranking outside the top 500
Hocco scoops up Rs 115 crore from Sauce.vc at Rs 2,000 crore valuation
Flush with funds, the premium ice cream brand has stepped up capacity expansion and distribution push.
Recur Club raises $50 million in a mix of debt and equity from InfoEdge and others
With the new funds, the platform aims to expand product offerings and scale into Tier-2 and Tier-3 cities, targeting an annual debt run-rate of Rs 10,000 crore by FY27.
'Promoter' tags make a comeback as startup founders look to rewrite IPO playbook
Manufacturing startups look to tap rare-earth-free motors as China tightens grip on supply
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
Amid recovery what drove value for India's listed startups
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.
Festive sales drive online credit card spending to all-time high, likely to touch Rs 1.2 lakh crore in September
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
Kapiva raises $60 million from 360 ONE, Vertex Growth to boost R&D, brand push
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
Paytm's Rohit Lohia likely to join ONDC as Chief Business Officer
The move follows a wave of high-profile departures at ONDC, Founder-CEO Thampy Koshy stepped down in April 2025.
Curefoods secures Rs 160 crore from Binny Bansal’s 3State Ventures ahead of IPO
Curefoods has allotted 1.28 crore equity shares at Rs 124 per share to 3State Ventures Pte. Ltd, Bansal’s investment arm.
Vedantu raises $11 million in fresh funding from existing investors, gears up for external secondary round
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
RBI orders fintech Simpl to halt payment operations
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.
Simple Energy raises $10-million for pan-India network expansion, R&D activities
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
Start-up Street | A now-or-never moment for US-focused businesses
In the backdrop of mounting tariffs, the US H1B visa conundrum should drive Indian businesses to redefine strategies and turn potential disruption into opportunities
Beyond the Hype: AI's massive investment spree masks growing unemployment crisis
The AI universe has engulfed industries and economies that are committing huge spends even as it has sparked fears of job losses
California Burrito raises Rs 120 crore from Elevation Capital
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.
NPCI tweaks credit line on UPI after a cold start, to launch partnership model at GFF
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
Lightspeed, Prosus back Mukund Jha's AI startup Emergent with $23 million in Series A round
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 plans to raise $200 million; Novo, CPPIB show interest but seek lower valuation: Report
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.
