Broking will remain 'strong core' but lending, other businesses growing as well, says Angel One Group CEO
The company is widening access to wealth management through Ionic Wealth, which lowers the entry level to under Rs 1 crore, CEO Ambarish Kenghe tells Moneycontrol
Drone startup Airbound to raise $30 million in fresh funding led by Greenoaks
Airbound was founded in 2023 by Naman Pushp, who first began working on drones at the age of 15.
Khosla Ventures, SoftBank in talks to invest in Emergent’s $60-million round
The round, which will be Emergent’s largest, will also mark SoftBank’s return to the Indian startup ecosystem. SoftBank has remained on the sidelines and largely done only follow-on rounds
Amazon does not coordinate timing with competitors: India head Samir Kumar on $35 billion investment after Microsoft’s $17.5 billion commitment
Kumar tells Moneycontrol that the e-commerce major is acting on its long-term roadmap, even as back-to-back global tech investment announcements put the spotlight on capital flows into India
Swiggy QIP: SBI MF, ICICI Prudential MF, Temasek, GIC, and others drive over 4X demand for Rs 10,000 crore QIP
Temasek, an early backer of Eternal (formerly Zomato), is now looking to bet on Swiggy, sources told Moneycontrol.
Dr. Paws raises Rs 29.3 cr from Chiratae Ventures, others to scale vet clinic network
The Bengaluru-based chain plans to deploy the fresh capital to deepen its physical footprint, add at-home veterinary services and strengthen its leadership and technology stack, co-founder Udit Gadkary told Moneycontrol.
Cross-border payments startup Skydo raises $10 million in Series A round led by Susquehanna Asia Venture Capital
The company plans to use the capital to expand local collection capabilities in more than 20 countries, obtain international licences, and build deeper card and compliance infrastructure.
Swiggy to use nearly half of Rs 10,000 crore QIP proceeds for quick commerce expansion
As much as Rs 4,475 crore of the proceeds are earmarked for dark stores and warehouses, with another Rs 3,300 crore-plus locked into cloud infrastructure and brand spends over the next three years, regulatory filings showed.
Digital lending firm Fibe raises $35 million led by International Finance Corporation
The round adds to Fibe’s earlier equity raises, taking its total equity funding to over $266 million.
From Bharat Taxi to state-run mobility apps, Namma Yatri piggybacks on govt platforms
Moving Tech Innovations, the company behind Namma Yatri, is tapping central and state government partnerships to scale nationally as zero-commission rivals challenge its first-mover advantage.
Parth Jindal-backed sports tech fund Centre Court Capital raises Rs 410 crore
Centre Court Capital focuses on seed-to-Series A startups across sports, fitness wellness and social gaming, with initial ticket sizes ranging from Rs 8 crore to Rs 24 crore
Swiggy's shareholders Rs 10,000-crore QIP kickstarts after getting shareholders' nod
The move is aimed at shoring up cash reserves as competition intensifies in quick commerce and capital needs rise across food delivery
Children are influencing parents to invest, says Groww's Harsh Jain as equity becomes mainstream
The popular SIP inflows have demonstrated a significant 25 percent CAGR over the past decade, primarily driven by young and new-to-equity market investors from smaller towns and cities
Agentic AI startup Emergent secures strategic investment from Google’s AI Futures Fund
The deal comes as demand for agent-driven automation and task execution grows, with AI adoption shifting from content generation to building tools, products and workflows.
PhysicsWallah Q2: Net profit rises 70% to Rs 69.7 crore, revenue up 26% YoY
Total expenses for the Noida-based firm increased 25 percent to Rs 999.6 crore in the quarter ended September, up from Rs 800 crore a year ago and Rs 1,054.2 crore a quarter ago.
Virat Kohli to sell One8 to Agilitas, invest Rs 40 crore to pick up stake
Moneycontrol was first to report that Virat Kohli was set to invest Rs 40 crore in Agilitas, as part of a larger round, in June.
RDI Fund will be a success if Rs 1 lakh crore catalyses Rs 10 lakh crore in deep tech VC investments: DST Secretary Abhay Karandikar
Karandikar told Moneycontrol that the fund is willing to take lower returns, with an aim to produce 5-10 globally competitive deep tech companies from India in 15 years. It aims to deploy Rs 15,000 to 20,000 crore each year starting 2026.
UPI crosses 700 million daily transactions for six straights days in December
The mobile payments platform also recorded transactions worth over Rs 1 lakh crore for the first five consecutive days during the month
OfBusiness completes 100% buyout of Indian Design, consolidates apparel vertical ahead of IPO next fiscal
The total value of the Indian Design acquisition is pegged at $80-100 million per sources. Moneycontrol reported on the deal in June 2025
After Zoho’s small-town playbook, Kovai.co bets on Coimbatore for global SaaS scale
The firm will invest Rs 220 crore in its Coimbatore development centre over the next three years and the money will fund product engineering, AI features and global expansion.
PhonePe’s Pincode shuts quick commerce, B2C verticals; focus only on B2B
Pincode is the second company to shut quick commerce, months after Dunzo paused operations amid intensifying competition from Blinkit, Swiggy’s Instamart and Zepto
Nexus Venture Partners closes $700 million eighth fund to double down on early-stage AI, consumer and fintech bets
Moneycontrol was the first to report in July that Nexus was preparing to raise a $700 million fund.
Groww leads in volumes, usage; Zerodha leads in value, asset size
Groww's lead in new SIP registrations is unparalleled, but Zerodha maintains its market advantage with double the overall Assets Under Management (AUM)
Ultraviolette raises $45 million from Zoho Corporation, Lingotto in Series E round
Founded in 2016, Bengaluru-based Ultraviolette builds EV platforms and battery technology and its investors include TVS Motor, Qualcomm Ventures, TDK Ventures, Zoho, Lingotto, and Speciale Invest.
