Yubi raises Rs 411 crore in debt and equity capital, founder Gaurav Kumar invests Rs 75 crore
With this new equity infusion by the founder, Kumar’s equity investment in the company has crossed Rs 330 crore. In August 2024, Kumar had infused Rs 250 crore in Yubi
Bengaluru Tech Summit: Karnataka has 50% of India’s AI/ML talent pool: Bengaluru Innovation Report
The city, touted as the Silicon Valley of India, has seen a total of $13.4 billion being raised by Women-led startups, about 34 percent higher than second-best, Delhi NCR, which had a tally of $10 billion.
'AI divide may be much worse than the digital divide, if we are not careful,' says Sarvam AI's cofounder Vivek Raghavan
Sarvam plans to release a 120-billion-parameter model 'with more than 17 trillion tokens, of which 15–20% come from fully Indian data,' he noted, calling it a critical step in understanding and building AI 'from scratch'.
Inside Sedemac’s IPO: EV dilemma, TVS dependence, profit jump, and its R&D-driven engine
For any company heavily reliant on the internal combustion engine ecosystem, the accelerating global shift towards electric vehicles presents a fundamental business risk. Sedemac’s DRHP acknowledges that its success is tied to continued demand for ICE-based vehicles and components.
Indian crypto investors made contrarian bets as Bitcoin tumbled below $90,000
Industry experts aren’t too worried about the 30% crash of Bitcoin from its peak in 2025. Their reason: it is a short-term bull market correction and not a cyclical event.
Digital gold players to form self-regulatory organisation by Nov-end after SEBI caution
The investment in digital gold by Indians is estimated to be around Rs 55,000 crore, backed by physical gold kept in vaults managed by companies like MMTC, SafeGold and Brink’s
ED raids Gameskraft, WinZO in Bengaluru, Delhi, Gurugram over alleged algorithm rigging, crypto trail
FIRs by victims allege these gaming firms manipulated app algorithms to disadvantage players; searches also found promoter-linked crypto wallets, indicating possible laundering through cryptocurrencies, sources told Moneycontrol.
Akshayakalpa Organic in talks to raise Rs 350 crore from Temasek’s ABC Impact, Narayana Murthy's Catamaran, others
The company's valuation is also set to jump nearly 3X from Rs 590 crore three years ago to Rs 1,500 crore now, sources told Moneycontrol.
Agilitas nears Rs 450 crore fundraise deal with Nexus Venture Partners
While the commitment is in, the amount will be wired to Agilitas in two tranches of $25 million (Rs 225 crore) each, sources told Moneycontrol.
Dhanteras brings sparkle to digital gold sales, surge by 62% in October
The sale of digital gold through online platforms has been steadily rising all year, going up from Rs 762 crore in January this year to Rs 2,290 crore in October
Lenskart announces launch of Meller sunglasses in India
The company will bring the sunglasses to its online channels and select offline stores in addition to John Jacobs, its premium lifestyle eyewear collection, and Owndays, a Japanese optical brand that it acquired a few years ago
MC Interview: Semiconductors are my latest crush, says Groww investor Ashish Agrawal
In this conversation, Agrawal explains why Peak XV resisted selling in multiple up-rounds, how early product calls set Groww apart, why public-market readiness begins years before listing and and what the firm is betting on as it looks for the next Groww.
Peak XV strikes gold with Groww, Pine Labs: Rs 350 crore bet delivers Rs 22,600 crore outcome
With this, Peak XV will rank among the most successful VC firms in terms of exits, as it stands to gain over $2.6 billion, with several of its portfolio companies, including Meesho and Wakefit, expected to go public in the coming years.
Legal tech startup Nyayanidhi raises $2 million in seed round led by 3one4 Capital
Founded in 2024 by Adithya LHS, Chakshu Masagali, and Pratik Pany, Nyayanidhi is building an AI-driven platform designed to automate drafting, translations and filings for litigation.
Tetr College raises $18 million co-led by Owl Ventures and Bertelsmann India Investments
The company said the capital will be used to set up new campuses in the United States, Europe and Dubai, and to expand its presence across its ten-country operating network in North America, Europe, the Middle East, Asia and Africa.
Swiggy to move HQ from Bengaluru's Bellandur to Whitefield; cites better infra, affordable housing
The size of the office will be similar and will house 2,000 employees. Swiggy is moving its HQ from Bellandur to Whitefield after Moneycontrol reported BlackBuck CEO Rajesh Yabaji's social media post had sparked an outrage among tech companies and the government.
Manipal's Ranjan Pai submits bid for Byjus parent Think and Learn
The filing marks the only EOI submitted for Think & Learn so far and follows a recent Supreme Court ruling that cleared the way for Aakash’s rights issue, as Moneycontrol reported earlier
Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa
A SoftBank deal would mark the Japanese conglomerate’s first new investment in India in more than three years.
Pearl Kapur launches Kyvex to rival ChatGPT and Perplexity backed by IIT leaders
According to company information, Kyvex represents a shift in India's startup ecosystem, highlighting the country's growing leadership in AI and deep tech
Burn to Earn: boAt, Licious, Urban Company lead the D2C shift towards profitable growth
Analysts believe the investors are no longer paying for hyper-growth, instead, they are rewarding sustainable business models, improving profitability and long-term visibility in India’s consumption cycle.
Nazara Tech posts first-ever quarterly loss in Q2 FY26 on PokerBaazi impairment after real-money gaming ban
Nazara's revenue from operations grew 65.1 percent YoY to Rs 526.5 crore in Q2 FY26, from Rs 318.9 crore in the corresponding quarter last year.
Improved cash flows and lower investor exits prompted IPO size cut: Capillary CEO Aneesh Reddy
Capillary Technologies had initially planned to raise Rs 430 crore through the primary issue but later reduced it to Rs 345 crore,
Ather vs Ola Electric: How they stack up in Q2 of FY26
A snapshot of how the two electric scooter makers stacked up this quarter across key financial and business metrics.
Juspay turns profitable, FY25 revenue grows 61% to Rs 514 crore
The company’s daily transaction volume increased from 175 million to over 300 million YoY, while annualized total payment volume (TPV) surged 150 percent to $1 trillion from $400 billion.
