Peak XV Partners closes $1.3 billion across three funds targeting India, APAC startups
The capital, raised across seed, venture and APAC-focused vehicles, will be deployed to back startups across stages, even as the firm has seen a wave of senior investor departures recently.
Snacks, sunscreen and speed: How Zepto plugged into India AI Impact Summit
Set up within weeks outside Hall 3, Zepto ran a compact dark store and café for AI Summit delegates, processing over a hundred orders an hour despite restricted hours.
AI Summit: Revenue not critical for early AI startups; investors seek 'proof of progress', says Activate’s Aakrit Vaish
Vaish told Moneycontrol that AI investing in India remains experimentation-led, with capital flowing to very early-stage startups still validating products and use cases.
Flipkart brings back former Blinkit CFO Vipin Kapooria as VP of business finance
The Walmart-owned e-commerce firm also appointed Yogita Shanbhag as vice president, human resources, strengthening senior leadership across finance and people functions.
Dream Money integrates with ONDC for nationwide distribution of mutual funds
Dream Money is a financial services platform owned by Dream11 parent Dream Sports with over a million users. It aims to offer a suite of financial services and products, including insurance, investments, lending, and other digital distribution services.
Java Capital launches Rs 400 crore deeptech fund to back seed-stage startups
The firm plans to back 15–20 IP-led companies over the next three to four years, focusing on hard science, frontier engineering and globally scalable technologies.
Video game industry body GDAI unveils a 21-member governing council
GDAI's governing council will include prominent leaders and investors such as Anuj Tandon of Bitkraft Ventures, Akshat Rathee of Nodwin Gaming, Dayanidhi MG of Electronic Arts, and Deepak MV of Nazara Technologies
Deepinder Goyal formally resigns as MD, CEO and director of Eternal; Albinder Dhindsa takes charge
After announcing the move on January 21, Goyal has now submitted his formal resignation, even as he is set to remain on Eternal’s board as vice chairman, subject to shareholder approval.
Digital gold sales surge to record high of Rs 4,000 crore in January
Over 90 percent of all digital gold purchases in the country happen through UPI.
JetSynthesys buys EverMerge from Big Fish Games to bolster its global gaming footprint
JetSynthesys plans to scale EverMerge’s reach into new high-growth regions including India.
Govt expands startup definition to include deep tech firms, extends recognition period to 20 years
The notification replaces the February 2019 startup framework and introduces a separate set of eligibility, tax and compliance conditions for research-intensive businesses under Startup India.
Urban Company claims top 5% of gig workers earn over Rs 51,600 a month
The data comes amid a renewed debate over gig worker earnings and income disparity across app-based platforms.
Amazon elevates SVP Amit Agarwal to lead global selling partner services
The long-time Amazon executive, who currently runs the company’s International Emerging Stores business in 10 countries, including India, will now also oversee the global unit that builds tools and services for millions of third-party sellers
Golden Sparrow Ventures announces first close of $20 million Fund II
With a majority of capital already committed and strong LP re-ups from its debut fund, the US-structured firm is doubling down on early-stage deep tech and enterprise AI bets, citing valuation markups, rising follow-on interest from global investors, and a growing pipeline across the India–US corridor.
Quick commerce not taking spotlight away from food delivery; experimentation will continue: Swiggy’s Rohit Kapoor
Even as Instamart scales rapidly and quick commerce emerges as a larger addressable market, Swiggy’s food delivery chief tells Moneycontrol the company is backing multiple growth engines in parallel, with experimentation in food delivery continuing independently of performance in other verticals, while maintaining 18–20% growth guidance for the segment.
Zupee cuts 200 jobs amid organisational restructuring
Zupee said it intends to sharpen focus on core growth areas including culturally-rooted online social games and emerging content formats.
Startup Street | 2025 was a boring year for VC investments, and that’s good news
A finer look at the headline numbers shows the year was one of consolidation sans any boom or gloom
Astrotalk revenue rises 85% to Rs 1,214 crore in FY25
The online astrology platform reported a sharp jump in adjusted profit before tax, even as higher spending and one-time accounting items weighed on reported profitability.
Zoho to expand office in rural Tamil Nadu town, plans new campus with capacity for 2,000 employees
Expansion aligns with Zoho’s hub-and-spoke model to build technology talent in smaller towns
Bistro lost nearly Rs 150 crore in three quarters, earned under Rs 20 crore as Eternal tests quick food delivery
CFO Akshant Goyal said the drag on earnings stemmed from investments in building and operating kitchen infrastructure in-house, rather than a marketplace-led approach
Inside Blinkit, Zepto and Instamart’s speed engine: How your quick commerce orders really arrive in 10 minutes
As protests by delivery workers and a government advisory on ultra-fast delivery bring fresh scrutiny to quick commerce, Moneycontrol traces how groceries move from dark stores to doorsteps — and how incentives, infrastructure and timing shape the last mile.
The making of India's innovation economy
Dharana Capital raises $250 million for second India fund, to back next-gen tech, consumer firms
The new vehicle takes the India-focused venture growth firm’s total assets under management to $450 million, with a focus on building category-defining companies and preparing them for public markets.
Uncertainty looms over Gaurav Munjal’s new startup as UpGrad calls off Unacademy deal
Sources told Moneycontrol that Munjal and Roman Saini were in talks to raise about $17 million for the new venture from Peak XV Partners and Blume Ventures, and a dozen marquee founders.
Flipkart hires ex-Coupang executive Gunjan Bhartia to bolster finance function ahead of IPO
The appointment follows a series of senior hires across finance, governance, technology and category leadership at Flipkart, and comes weeks after the company received regulatory approval to shift its domicile back to India ahead of a potential public listing.
