News.

Phi Commerce board approves Rs 38.54 Cr round at Rs 1,505 Cr

Fleetx.ai acquires TMS provider Pando.ai, value undisclosed

Zaydn raises $681K seed led by Inflection Point Ventures

D2C watch brand Bruno Milano raises Rs 7.5 Cr led by Sauce VC

Nobel Hygiene files DRHP: Rs 150 Cr fresh issue plus OFS

Atomberg FY26: revenue up 34.8%, net loss widens to Rs 148.9 Cr

Deepinder Goyal’s Temple Wearable Shrinks Ahead of 2026 Launch

Madras High Court Restrains Matrimony.com From Using Jodii

UBS Sees a Blinkit Moment in Home Services, Urban Company Jumps

Walmart Q2: Flipkart Ads Lifts Global Advertising Business

Zaggle jumps 12% after Kedia Securities buys 1.48% stake

Cashify turns public limited, names independent directors

Cashfree FY26 revenue Rs 967 Cr, loss narrows to Rs 118.5 Cr

Navi raises $100 Mn from Prosus at a reported markdown

Yantra Packs raises Rs 12 Cr seed led by Caret Capital

Orange Health FY26: Rs 138.6 Cr revenue, Rs 146 Cr real loss

BGauss raises Rs 110 Cr at about Rs 1,000 Cr valuation

Peeko raises $7 Mn to double Bengaluru dark store count

The Bear House reports 5X conversions with Glance AI agent

Dogsee Chew refused a UK ask to drop its Made in India label

Emami growth chief: use influencers only after product market fit

Hammer picks cables over premium headphones for quick commerce

Bobble AI enters insolvency over Rs 5.77 Cr debt default

NeoGeo raises $20 Mn Series A for geospatial stack

DSP Finance acquires Volt Money to add loans against funds

KKR signs deal for minority stake in BookMyShow

NoPaperForms FY26 profit hits Rs 11.9 Cr, helped by a tax credit

upGrad crosses Rs 2,000 Cr gross revenue, EBITDA up about 8X

MobiKwik puts Rs 60.85 Cr into its lending arm, names a CBO

Razorpay launches Vulcan, a model trained on 4 billion payments

Butterfly Learnings raises Rs 65 Cr in pre-Series B round

DeHaat’s Honest Farms raises Rs 35 Cr pre-Series A round

Milky Mist lists at Rs 165, a 17.86% premium to issue price

Manyavar says algorithms take 70-75% of its retail decisions

Mirae Asset marks first close of MAVOF II at Rs 1,125 Cr

Centricity raises Rs 280 Cr Series A led by SMBC Asia Rising Fund

Bank of America to buy up to 49.9% of Jio Credit for $1.9 Bn

Infra.Market proposes reverse listing via Shalimar Paints swap

IndiQube Q1 FY27: loss narrows to Rs 23.88 Cr, revenue up 37%

Amagi Q1 FY27: profit Rs 33.9 Cr, but down from Q4

Yatra Q1 FY27: profit down 97.9% as bookings rise 16.5%

Lenskart Q1 FY27: profit 3.7X to Rs 228 Cr, revenue up 43%

Scrubsy raises Rs 27 Cr: home care is a pack architecture game

Astrotalk hits $1 Bn on $34 Mn raised: the ratio is the story

Uber Bike adds 100 cities: rider supply just got deeper

5.1 lakh ecommerce complaints in 2025: fulfilment is the fault line

Mobavenue AI Q1 profit up 94% to Rs 11.7 crore

Mobavenue AI Tech sells performance advertising to banks, fintechs and consumer brands. Its June quarter numbers are a readable proxy for how hard those brands were spending on user acquisition.

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AvenuesAI Q1 profit up 45% as payments revenue doubles

AvenuesAI, the CCAvenue owner formerly known as Infibeam Avenues, more than doubled operating revenue in Q1 FY27. Profit grew far slower than the top line, which is what a payments book usually looks like.

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GST boost to insurance demand fades at Policybazaar

PB Fintech management says the GST-led surge in insurance demand already started fading in Q1 FY27. The quarter still printed 40 percent revenue growth. The question is what happens when the tailwind stops.

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Ola Electric gets five-year PLI window for cell unit

The Ministry of Heavy Industries has revised the PLI timelines for Ola Cell Technologies, giving it a five-year window through 2031 and access to incentives of up to Rs 7,240 crore. The window is granted. The money is not yet received.

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Vecton AI raises Rs 6 Cr pre-seed led by Zeropearl VC

Vecton AI, a Bengaluru startup building compliant AI and agent systems for banks and insurers, has raised Rs 6 crore in pre-seed funding.

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Table Space FY26 revenue Rs 2,262 Cr, EBITDA up 88%

Table Space grew FY26 operating revenue 66% to Rs 2,262 crore and EBITDA 88% to Rs 1,168 crore, while net loss narrowed 74% to Rs 403.35 crore.

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slice posts Rs 51 Cr profit in Q1 FY27, income up 38.6%

slice reported Rs 50.9 crore of net profit in Q1 FY27, more than it made across the whole of FY26, on total income of Rs 413.8 crore.

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Accel closes $550 Mn ninth India early-stage fund

Accel has raised a $550 million India fund, its ninth early-stage vehicle for the country, taking what it has raised for India to $1.2 billion in 18 months.

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Yulu raises $93 Mn Series C led by GEF Capital

Electric mobility platform Yulu has raised $93 million in Series C, splitting $63 million of equity led by GEF Capital Partners with $30 million of debt, to take its fleet from 50,000 vehicles to 200,000.

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Shiprocket nets Rs 727.4 Cr from anchor investors

Shiprocket raised Rs 727.4 crore from anchor investors at the top of its price band, with domestic mutual funds taking two thirds of the book. The Rs 1,617 crore IPO opens today.

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Porter posts Rs 6,650 Cr FY26 revenue, profit up 4x

Intracity logistics platform Porter grew operating revenue 54.4% to Rs 6,650 crore in FY26 and more than quadrupled net profit to Rs 229 crore, on a cost base that is 90% fleet operator payouts.

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Karnataka FDA seals Zepto warehouse in Bengaluru

Karnataka's food safety department has sealed a Zepto warehouse in Hoskote over labelling, misbranding and hygiene violations, one day after the Maharashtra FDA suspended a Blinkit dark store licence in Mumbai.

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GalaxEye acquires spacecraft engineering firm StarOps

The earth observation startup buys a Bengaluru satellite platform company. Deal value was not disclosed.

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Lightspeed leads $9 million seed in Discovered Materials

The deep tech startup is building thermal materials for AI chip packaging. Y Combinator, Peak XV and Paul Graham joined the round.

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