The India business wire

News.

What moved in Indian commerce and business, read the way an operator reads it. Sourced from the reporting that matters, decoded for the people who have to act on it.

23 Jul 2026 · via MediaNama

India and Spain fast-track UPI-Bizum payments talks

India and Spain have agreed to speed up technical talks on linking India's UPI with Spain's Bizum network, part of a broader push to take Indian payments rails abroad.

3 min read

23 Jul 2026 · via IPO Watch

Swara Baby files DRHP for Rs 1,000 crore IPO

Swara Baby Products, the FirstCry-owned maker of diapers and hygiene products, has filed draft papers with SEBI for a Rs 1,000 crore initial public offering.

4 min read

23 Jul 2026 · via Republic World

boAt launches Stone 900 speaker at Rs 4,999

Audio brand boAt has launched the Stone 900, an 80W portable Bluetooth speaker, in India, timing the debut with the Amazon Prime Day sale.

3 min read

23 Jul 2026 · via Social Samosa

Estilocus signs Fahadh Faasil as brand ambassador

Bengaluru-based menswear label Estilocus has named actor Fahadh Faasil as its brand ambassador as it looks to grow from a South India base into a pan-India footprint.

3 min read

23 Jul 2026 · via ScanX

Shoppers Stop narrows Q1 loss as revenue rises 11%

Shoppers Stop reported a narrower Q1 FY27 consolidated net loss of Rs 14.25 crore as revenue rose about 11 percent to Rs 1,291 crore, aided by store additions and tighter cost control.

4 min read

23 Jul 2026 · via Inc42

Swiggy Instamart names Gautam Swaroop as CBO

Swiggy Instamart has appointed former OYO International chief executive Gautam Swaroop as its chief business officer, filling the seat vacated by Hari Kumar amid a wider leadership reshuffle.

3 min read

23 Jul 2026 · via Inc42

Eternal CEO says quick commerce discounting has peaked

On its Q1 FY27 earnings call, Eternal chief Albinder Dhindsa said quick commerce hit peak competitive intensity during the quarter and that deeper discounting across the sector is unlikely to continue.

4 min read

23 Jul 2026 · via ScanX

DMart crosses 504 stores with Greater Noida opening

Avenue Supermarts opened a new DMart store at Delta 1, Greater Noida on July 10, taking its national store count to 504 as the value retailer keeps adding brick-and-mortar footprint.

4 min read

23 Jul 2026 · via Entrackr

Avni Wellness raises Rs 4 crore seed round

D2C women's health brand Avni Wellness has raised Rs 4 crore in a seed round led by Proteus Partners. The Mumbai brand plans to scale its cycle care and nutrition portfolio and expand its marketplace presence.

2 min read

23 Jul 2026 · via Indian Startup News

Wheelocity raises Rs 82 crore for rural commerce

Rural commerce startup Wheelocity has raised about Rs 82 crore across three tranches from Lightspeed, Elevar Equity, Grand Anicut and others. It delivers farm fresh produce to more than five lakh households across 3,300 villages using electric carts and an app.

3 min read

23 Jul 2026 · via Entrackr

Suminter Organics raises Rs 25 crore in debt

Suminter India Organics has raised Rs 25 crore in debt from BlackSoil Capital to scale its organic ingredient sourcing. The farm to market platform works with more than 100,000 smallholder farmers across India, the Philippines, and Africa.

3 min read

23 Jul 2026 · via Entrackr

BlueStone swings to profit in Q1 FY27

Omnichannel jewellery retailer BlueStone reported a Rs 6 crore net profit for the June quarter, reversing a year-ago loss as revenue rose about 50 percent to Rs 737 crore. Same store sales grew 39 percent even as the network expanded to 352 outlets.

3 min read

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