Ronnie Screwvala earmarks $50 mn to back AI, deeptech, spacetech startups; says he’s looking for his 'next Lenskarts'
In an interview with Moneycontrol, Screwvala said India’s next wave of long-cycle value creation will come from technical founders building in frontier sectors, making this the right moment for concentrated, long-horizon bets.
Flip to live longer? Deepinder Goyal's Continue says upside-down poses may slow aging
The longevity initiative has released early findings linking passive inversions to improved brain blood flow, backed by a recent $25 million personal investment from the Eternal CEO.
After Manipal Group, Ronnie Screwvala’s UpGrad submits bid for Byju’s parent; eyes Great Learning
UpGrad’s bid is focused on higher-education assets such as Great Learning — not the K12 business, sources told Moneycontrol; the move comes as the company is also in talks to acquire Unacademy as part of a wider consolidation strategy
Real money gaming ban wipes out PE firm Clairvest’s Rs 760 crore stake in Head Digital Works
Clairvest CEO Ken Rotman said the firm plans to focus its investments in North America going forward, citing the "negative experience with Head Digital Works and other recent experiences investing abroad".
India's real-money gaming ban leads to $556 million impairment for Flutter after Junglee halts RMG operations
Flutter Entertainment CEO Peter Jackson said he was frustrated by the speed at which the bill came into law and expressed hope for more legal clarity in the future.
Jupiter’s Jitendra Gupta to double investment as fintech extends total round size to $25 million
The round is being extended by $10-11 million just weeks after Jupiter announced a $15 million round. About half of the fresh capital will come from founder and CEO Jitendra Gupta, sources told Moneycontrol.
Gig hiring jumps 25% this festive season as quick-commerce drives record job demand
Early workforce planning, richer incentives, and stronger Tier-2 hiring helped e-commerce and logistics players manage record festive demand without major disruptions, staffing firms told Moneycontrol
Bombay Shaving Company raises Rs 136 crore from Sixth Sense; founder joins round as IPO prep begins
The founder’s participation in the round comes amid a broader shift in India’s startup ecosystem, where more entrepreneurs are turning investors in their own companies.
Myntra’s creator commerce bet drives 10% of revenue; aims to double share by 2026
The Walmart-owned fashion platform has doubled revenue from creator-led sales in a year and plans to scale its shoppable video and affiliate ecosystem
UpGrad’s CPTO Ankur Dhawan steps down amid Unacademy acquisition talks
Ankur Dhawan joined UpGrad in 2020 and was elevated to Chief Product and Technology Officer earlier this year.
CarTrade set to acquire CarDekho in deal valued at over $1.2 billion
If completed, the merger will create one of India’s largest auto-tech platforms spanning car discovery, financing, insurance, and resale
'Profit is oxygen. But purpose is breath': Peyush Bansal’s message to stakeholders ahead of Lenskart IPO
On the eve of Lenskart’s listing, founder and CEO Bansal, in a letter, reflects on the company’s 15-year journey from a Delhi startup to a global eyewear brand
Nykaa Q2 Results: Net profit soars 145% to Rs 33 crore, revenue up 25%
The firm’s revenue from operations surged 25 percent on-year to Rs 2,346 crore in Q2 FY26, from Rs 1,875 crore in Q2 FY25.
Ronnie Screwvala's UpGrad in talks to acquire Unacademy for $300- $400 million
The move follows Unacademy’s leadership transition, with co-founder Sumit Jain heading test prep, and Gaurav Munjal and Roman Saini set to lead AirLearn independently.
Delhivery rejig: CFO Amit Agarwal resigns, Vivek Pabari to take over; Board member Aruna Sundararajan steps downs
Pabari has been with Delhivery Limited since June 2021. He has more than 17 years of experience.
Delhivery Q2: Logistics major says GST rate hike had limited business impact
In a shareholder letter, Delhivery said that over 86 percent of its Q1 FY26 invoicing was already billed at 18 percent GST, while another 6 percent came under nil-GST or reverse charge mechanisms that were unaffected by the amendment.
Paytm to infuse up to Rs 2,250 crore into payments arm PPSL via rights issue
The move will strengthen PPSL’s capital base and support the transfer of Paytm’s offline merchant payments business, as required by new RBI rules.
Peak XV, Accel, Elevation and others set to cash in $1.5 billion as startup IPO wave unlocks big payouts
So far, Peak XV Partners is expected to gain over Rs 2,400 crore from Pine Labs and Groww, while Accel and Elevation together stand to gain over Rs 950 crore through Urban Company and Bluestone. The gains are expected to grow as Meesho, Amagi and others go public later this year.
MobiKwik Q2 net loss widens to Rs 28.6 crore, revenue down 7%
MobiKwik said its bottom line was affected by a one-time exceptional charge of Rs 11.8 crore, booked as a provision for a fraud incident of Rs 40.4 crore involving merchants in Haryana’s Nuh and Mewat districts. The charge did not impact revenue but reduced quarterly profit.
SEBI clears Meesho IPO; e-commerce firm to raise Rs 4,250 crore via fresh issue
The listing will see partial exits by marquee investors including Elevation Capital, Peak XV Partners, and Y Combinator, even as Meesho looks to strengthen its tech and brand infrastructure.
SC dismisses Byju’s RP, Glas Trust petitions, paving way for Aakash’s planned rights issue
Supreme Court's verdict paves the way for Aakash to raise fresh capital but leaves Byju’s parent, already under insolvency, with its stake slashed from 25.75 percent to under 5 percent, further weakening its hold over the subsidiary.
Oyo rolls back controversial 6,000:1 bonus share plan after backlash
After drawing criticism over its complicated bonus ballot, PRISM, the parent of Oyo, has withdrawn the plan and promised a fresh, transparent version for all shareholders — signalling a course correction before its market debut.
Swiggy's Instamart, Zepto scrap handling charges, lower delivery fee thresholds as competition heats up
Swiggy, Zepto and Instamart follow Amazon’s quick commerce playbook via Amazon Now, which has already been offering zero miscellaneous charges to attract users in Bengaluru and Delhi-NCR.
Shadowfax IPO decoded: Issue size, profit rebound, investor exits and key risks
Backed by Flipkart and Eight Roads, the logistics firm has turned profitable ahead of its Rs 2,000-crore IPO but high client dependence, rising lease costs and gig workforce challenges could test its delivery on the bourses
Urban Company Q2 results: InstaHelp vertical drags margins as investments weighs on profits
The company reported an EBITDA loss of Rs 44 crore from Insta Help alone in the second quarter (Q2) of financial year 2025-26 (FY26), as it invested heavily in partner training, onboarding, and network expansion to build capacity in the new category.
