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
From iPhones to brooms, Instamart’s festive sale delivers record-breaking Day 1 orders
Traffic surged 5X while Tier 2 cities like Bathinda and Ludhiana emerged as surprise growth leaders
H-1B at $100,000: Trump’s visa fee hike rattles Indian students eyeing US jobs, lifts interest in Germany, Japan, Poland
The move adds to a year of tightening visa rules and rising uncertainty over the post-study future of Indian students.
Gaming platform Zupee forays into esports as it broadens offerings after real-money gaming ban
Zupee founder Dilsher Singh Malhi said the company plans to reimagine traditional Indian games such as Ludo, Carrom and Chess as global esports formats.
Bharti Airtel scion Kavin Bharti Mittal to shut down Hike after India's real-money gaming ban
Last month, Kavin Bharti Mittal had stated plans of exiting India to focus on International markets such as the United States, United Kingdom, and Australia.
Amazon expands quick commerce service 'Now' to Mumbai, after Delhi and Bengaluru
With Mumbai now live, Amazon is signalling it is done testing the waters and is ready for a larger play in India’s $7-billion quick commerce market.
Gaming company Zupee cuts 170 jobs, offers financial assistance to impacted staff
Zupee joins a growing list of companies that have reduced their staff in recent weeks, as the industry grapples with the fallout of India's blanket ban on real-money games.
Aviral Bhatnagar's AJVC closes maiden fund at over Rs 200 cr to back pre-seed startups
AJVC has already invested in 25 startups across AI and consumer technology and plans to back 60–70 more teams from this fund.
Zupee taps micro dramas, subscriptions after real-money gaming ban
Zupee's paid subscription service, Zupee Plus, offers ad-free games and unlimited access to shows for Rs 499 for three months
D2C brands deploy AI to cut returns, boost sales amid festival season rush
From tackling fake returns and delivery failures to optimising supply chains and personalising festive campaigns, brands are betting on AI tools to protect margins and capture a larger share of India’s Rs 1.2 lakh crore festive e-commerce market.
PhysicsWallah IPO: Issue size, promoter cash-out, heavy costs and teaching moments decoded
Backed by WestBridge, Hornbill and GSV Ventures, the edtech firm has doubled down on offline centres and acquisitions even as rising employee costs, high attrition, and loss-making subsidiaries test its balance sheet.
PhysicsWallah revenue surges 49% in FY25, losses narrow to Rs 243 crore as offline bet scales up
Offline centres now contribute nearly half of PhysicsWallah’s topline, underscoring its shift into a hybrid model.
OYO rebrands parent company as PRISM to reflect global expansion, premium push
The corporate rebrand comes at a pivotal moment for the group, as it gears up for a renewed IPO bid later this year
Festive sales from Amazon, Flipkart begin September 23, a day after GST reset
The flagship sales come just a day after the new GST reforms take effect, with lower rates on big-ticket appliances expected to fuel higher festive spending.
