GST on delivery charges impacted Zomato’s growth, says Eternal CFO Akshant Goyal
Eternal expects demand recovery in Blinkit from Q3FY26 after GST rate cuts on essentials, but food delivery growth took a short-term hit as the new levy was passed on to customers.
Kuku lands $85 million funding led by Granite Asia to accelerate Kuku TV, Kuku FM expansion
The investment comes at a time when micro dramas are rapidly gaining popularity among Indian consumers
Startup Street: Can India’s home-grown technology alternatives enter the big league?
India has chosen openness and competition, which benefits users but unfortunately, raises the bar for homegrown challengers
Koo co-founder Mayank Bidawatka launches PicSee, an AI-led ‘mutual photo sharing’ app
The Bengaluru-based startup, backed by Blume Ventures and General Catalyst, uses facial recognition and encrypted on-device AI to enable automatic, consent-based photo exchanges between friends.
TCC Concept acquires 95.18% in Pepperfry for Rs 660 crore
The firm will issue 1.18 crore shares at Rs 557.94 apiece. The acquisition marks a turnaround for the omnichannel furniture brand, which had been scouting for buyers
Logistics firms brace for Diwali rush amid supply chain strain, worker crunch
From smart routing to predictive dashboards, 3PL players are using AI to ease warehouse congestion and keep India’s festive deliveries on schedule..
AI-powered gaming studio Airoclip bags $2.75 million from T-Accelerate Capital, Centre Court Capital, & Bitkraft
Airoclip relies on AI-driven personalisation and dynamic content generation to deliver casual gaming experiences from India for a global audience.
Video game industry body GDAI sets up Policy Secretariat ahead of India's online gaming law rollout
GDAI stated that Policy Secretariat will act as a bridge between policymakers, regulators, and the video games industry, ensuring that India’s gaming landscape receives an enabling regulatory environment.
Cashify enters Rs 1,000 crore revenue club in FY25, trims losses by 80%
The Amazon-backed re-commerce platform saw robust growth across its core refurbished devices business and ancillary services, even as disciplined cost control helped it improve margins and pare losses.
Nykaa Q2 update: Festival tailwinds, fashion momentum set to boost revenue growth
A revival in fashion and steady beauty momentum are giving the e-tailer’s topline fresh festive energy.
Govt launches probe into e-commerce platforms charging extra for COD orders
The consumer affairs ministry has initiated an investigation into e-commerce platforms levying additional fees on Cash-on-Delivery orders, calling the practice a ‘dark pattern’ that misleads consumers.
Eloelo Group hires Vinay Juluri as CFO to strengthen its leadership team
Vinay Juluri will work alongside Eloelo's leadership team to strengthen the finance function and lead the company's overall financial strategy.
Amazon, Flipkart festive blitz fuels 29% YoY surge in first-week sales to record Rs 60,700 crore
GST reforms, early access deals and a surge in Gen Z spending have turbocharged demand across categories, from smartphones to appliances.
Japan-based UNLEASH Capital closes Rs 300 crore fintech fund for India, targets early-stage startups
The Japan-backed early-stage fund plans to deploy capital across 12–15 fintech and financial services startups, betting on India’s valuation reset and financial inclusion opportunity.
Ex-Titan Capital partner Bipin Shah closes maiden fund at Rs 159 crore
Zeropearl, which is positioning itself as one of India’s first large-scale solo GP funds, got the backing of 19 unicorn founders and global institutions
60-75 million Indian gamers spend on in-app purchases: Rooter’s Piyush Kumar
A combination of regulatory clarity from the government's new online gaming law and India's large but under-monetised user base gives the country a 'credible shot' at becoming a global gaming powerhouse, according to a report released by VC firm Lightbox.
OneAssist appoints Abhishek Maheshwari as CEO to drive next phase of growth
Maheshwari will lead overall business, strategy and P&L, and accelerate adoption of artificial intelligence across customer experience, products and service delivery, the company announced on September 24.
Unacademy names co-founder Sumit Jain as CEO of test prep business
The move comes four months after Gaurav Munjal stepped back from day-to-day roles, as Unacademy advances its succession plan and sharpens focus on unit economics
Porter turns profitable at Rs 55.3 crore in FY25, revenue rises 58%
Revenue growth outpaced expenses, helping Porter deliver its first full-year profit.
Swiggy to hive off Instamart into separate, wholly owned subsidiary via slump sale
The transaction to be executed at book value, with completion expected post-Q3 FY26, regulatory filings showed.
Fantasy sports platform Dream11 onboards Swiggy, Astrotalk, Tata Neu as advertisers after free-to-play pivot
Dream11 halted all paid contests on its fantasy sports platform and shifted entirely to a free-to-play model last month, following the government's real-money gaming ban.
Quick commerce firms struggle to secure prime dark store locations in metros, face worker crunch
With most prime catchments in metros already taken, quick commerce firms are contending with soaring vacancy rates and high churn at dark stores, even as new vertical players crowd into the market.
Krafton to bolster India gaming incubator with deeper tech mentorship, new partners
Krafton's India gaming incubator has selected 10 studios from cities including Mumbai, Hyderabad, Bengaluru, and Madurai in its first two cohorts, and has now opened registrations for the third cohort.
Amazon, Flipkart kick off flagship festival sales, brace for record demand
This season sales could rise by 27% to Rs 1.2 lakh crore, up from nearly Rs 1 lakh crore in 2024 and Rs 81,000 crore in 2023, a Datum Intelligence report has said
