The India business wire

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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.

3 Aug 2026 · via Inc42

Indian startups raised 142 million dollars last week, AI took 65%

Eleven deals across the week, down a third on the week before, and two thirds of the money went to three AI companies. Consumer took what was left.

2 min read

3 Aug 2026 · via Inc42

Groww founders launch Rs 500 crore Stargazer fund

The four cofounders are backing consumer internet and deeptech from their own capital, with no outside limited partners and cheques up to 10 million dollars.

2 min read

3 Aug 2026 · via Inc42

LEAP India files RHP for Rs 2,480 crore IPO

The supply chain enablement company has set a price band and a bidding window, seeking a valuation of about 735 million dollars at the top of the range.

2 min read

3 Aug 2026 · via Entrackr

Zepto pauses IPO, confirms pre-IPO private placement

The quick commerce company says it will list inside the window SEBI has approved, but is raising privately first and pointing at a balance sheet that does not need the market.

2 min read

2 Aug 2026 · via Organiser

D2C brands took 28% of India’s retail leasing in H1 2026

CBRE puts organised retail leasing at 3.9 million sq ft in the first half, up 20%. Digital-first brands took more than a quarter of it.

2 min read

2 Aug 2026 · via Storyboard18

Amazon Now, built in India, is live in nine countries

Amazon's 30-minute service started in Bengaluru last year. It is now in over 250 cities across nine markets, with gross sales up 80% in a quarter.

2 min read

2 Aug 2026 · via Storyboard18

Flipkart ties a Netflix mobile plan to four Plus orders

From 1 August, four qualifying orders a month earn a Flipkart Plus member 30 days of Netflix Mobile. It is a frequency play, not a discount.

2 min read

2 Aug 2026 · via Fibre2Fashion

GSTN puts e-way bill Ship-to GSTIN change on hold

The mandatory Ship-to GSTIN field was due to go live on 1 August. GSTN parked it days before, with no new date attached.

2 min read

2 Aug 2026 · via Investing.com

Go Fashion shuts 66 stores in Q1, bets on bigger formats

Go Fashion closed four stores for every one it opened last quarter. Same store sales turned positive for the first time in several quarters.

2 min read

2 Aug 2026 · via Inc42

Shadowfax lifts FY27 revenue guidance to 38-40% after Q1

Shadowfax raised full year guidance a quarter into FY27. The reason sits in heavy shipments and the quick commerce dark stores it now runs itself.

2 min read

2 Aug 2026 · via Inc42

Instamart hits contribution breakeven, sheds 4 mn users

Instamart reached contribution breakeven by removing customers, not by adding them. That choice reshapes how brands should read its order growth.

2 min read

2 Aug 2026 · via Entrackr

Swiggy Q1 FY27: loss narrows 34% to Rs 791 Cr, revenue up 37%

Swiggy's June quarter shows a company growing fast and losing less. The growth is not coming from where most brands assume.

2 min read

2 Aug 2026 · via Entrackr

Indian startup funding falls 67 percent to $662 million in July

July funding came in at $662 million across 85 deals, down sharply from June. AI took nearly a third of it, which changes the maths for consumer founders.

2 min read

2 Aug 2026 · via Entrackr

Atomberg turns public company ahead of Rs 2,000 crore IPO

The Temasek-backed smart appliances brand converted to a public limited company and named three independent directors. Bankers are appointed and the target is about Rs 2,000 crore.

2 min read

2 Aug 2026 · via Entrackr

Sid’s Farm raises Rs 81 crore pre-Series B led by Omnivore

The Hyderabad subscription dairy brand pulled in over Rs 81 crore, with listed player Dodla Dairy joining the cap table. Strategic money in D2C dairy is the signal here.

2 min read

2 Aug 2026 · via Entrackr

Apna Mart raises Rs 120 crore Series C at Rs 1,470 crore value

Accel and Fundamentum co-led a Rs 120 crore round in the franchise-led grocery platform, roughly doubling its valuation. The bet is small-town shelves, not metro dark stores.

2 min read

30 Jul 2026 · via SMEStreet

GoKwik and PayU put D2C brands inside ChatGPT

GoKwik and PayU have launched a multi-brand D2C shopping experience running inside ChatGPT, with Hyphen, Beardo and Kilrr live first. Discovery to payment happens in the chat.

2 min read

30 Jul 2026 · via BestMediaInfo

FSSAI gives energy drink brands 90 days to drop the label

FSSAI has refused to soften its order asking six beverages to stop calling themselves energy drinks. The industry got a 90 day window, not an exemption.

2 min read

30 Jul 2026 · via Entrackr

Nykaa hires ex-Instamart COO to run 30-minute beauty delivery

Nykaa has put former Swiggy Instamart COO Ankit Jain in charge of Nykaa Now, its 30 to 60 minute beauty delivery arm. The hire says more than the title does.

2 min read

30 Jul 2026 · via A2Z Taxcorp

Industry Seeks 3-Month Delay on E-Way Bill GSTIN Rule

The mandatory Ship-to GSTIN field goes live on 1 August. Industry bodies have asked the finance ministry for three more months, and the reasons matter for anyone shipping on someone else's invoice.

2 min read

30 Jul 2026 · via Entrackr

Tata 1mg revenue nears Rs 3,000 crore, loss narrows to Rs 287 crore

Tata 1mg grew FY26 revenue 23 percent and cut its loss to Rs 287 crore, making it one of the healthier assets inside Tata Digital. Quick commerce is now circling the category.

2 min read

30 Jul 2026 · via Entrackr

OfBusiness FY26: Profit Up 21% as Revenue Falls 7%

OfBusiness grew profit while letting revenue shrink. For a commerce platform heading to the public markets, that trade is the whole strategy.

2 min read

30 Jul 2026 · via Entrackr

BigBasket B2C losses cross Rs 3,000 crore as q-commerce bites

BigBasket's consumer arm grew revenue 7.7 percent in FY26 while losses jumped 66 percent past Rs 3,000 crore. The quick commerce pivot is costing far more than it is adding.

2 min read

30 Jul 2026 · via Entrackr

Instamart names Nandita Sinha CEO as Amitesh Jha steps down

Swiggy has handed Instamart to former Myntra chief executive Nandita Sinha. Amitesh Jha is out after two years, making this the third senior exit at the quick commerce arm in recent months.

2 min read

30 Jul 2026 · via Inc42

Anicut Capital floats Rs 250 crore seed fund for 20 startups

Anicut Capital has launched a Rs 250 crore seed vehicle writing Rs 5 crore to Rs 8 crore cheques, with consumer among its four focus sectors.

2 min read

30 Jul 2026 · via Entrackr

Ferns N Petals plans 2028 IPO, targets 350 stores by FY28

The Lighthouse-backed gifting retailer wants to list by the end of 2028 on Rs 2,200 crore to Rs 2,400 crore of revenue. Part of the proceeds is earmarked for buying gifting brands.

2 min read

30 Jul 2026 · via Entrackr

Fixxly raises $5.5 Mn seed for building materials quick commerce

Accel, Fireside Ventures and Lightspeed have put $5.5 million into Fixxly, a 30-minute delivery platform for plywood, paint and plumbing supplies. It has not launched yet.

2 min read

30 Jul 2026 · via Inc42

Snitch acquires Berrylush, enters women’s fashion

Menswear brand Snitch has bought 100 percent of women's label Berrylush, its first acquisition. The stated goal is a Rs 1,000 crore womenswear brand.

2 min read

28 Jul 2026 · via DD News

Amul breaks ground on Rs 700 crore Bengal dairy complex

Amul breaks ground on a Rs 700 crore Bengal complex built around the world's largest curd plant.

2 min read

28 Jul 2026 · via Passionate In Marketing

Ishant Sharma, Chahal launch D2C hydration brand AQUON

Two India cricketers turn founders with a D2C electrolyte brand aimed at everyday hydration, not just athletes.

2 min read

28 Jul 2026 · via Business Today

India opens inventory e-commerce to FDI, but exports only

India cracks open inventory-based e-commerce to foreign capital, but strictly for exports of made-in-India goods.

3 min read

28 Jul 2026 · via afaqs

AJIO Beauty goes live with 1,500-plus brands for Reliance

Reliance folds a beauty storefront into its fashion platform AJIO, opening a new discovery front against Nykaa.

2 min read

28 Jul 2026 · via Ascendants

Bernstein warns metros now hold 700 too many dark stores

Nearly 900 new dark stores in a quarter went almost entirely into already-served pincodes, pushing metros past profitable capacity.

2 min read

28 Jul 2026 · via Upstox

V-Mart Q1 profit up 38 percent as value retail holds firm

V-Mart's Q1 FY27 shows value retail is not being hollowed out by quick commerce, with double-digit same-store sales and expanding margins.

2 min read

28 Jul 2026 · via Outlook Business

Blinkit’s FY26 order lead nears Zepto and Instamart combined

Full-year FY26 data shows Blinkit processing almost as many orders as both rivals put together, while it alone posts positive adjusted EBITDA.

2 min read

28 Jul 2026 · via Entrackr

Blinkit loses Rs 308 crore a quarter to spoilage and theft

Blinkit's shareholder letter reveals inventory losses running at nearly three times its adjusted EBITDA, a direct cost of going inventory-led.

2 min read

28 Jul 2026 · via Whalesbook

ADIA, Fireside in talks for Rs 350 crore consumer brand bets

Sovereign fund ADIA and Fireside Ventures are reported to be in advanced talks to put over Rs 350 crore into two premium consumer brands, Beyond Appliances and Troovy.

2 min read

28 Jul 2026 · via Inc42

Zetwerk bags Rs 500 crore pre-IPO from Bharat Value Fund

The B2B manufacturing marketplace raised a Rs 500 crore pre-IPO round at about a $4 billion valuation, days after clearing a key regulatory hurdle for its listing.

2 min read

28 Jul 2026 · via Autocar Professional

Ather Energy closes Rs 1,300 crore QIP at Rs 1,202 a share

The listed electric two-wheeler maker raised Rs 1,300 crore from institutions, the public-market half of a wider Rs 2,500 crore plan to fund its next factory.

2 min read

28 Jul 2026 · via Entrackr

MS Dhoni joins SolarSquare $53 Mn Series C as brand ambassador

Former India captain MS Dhoni has put money into SolarSquare and signed on as its face, tying a celebrity endorsement to the residential rooftop solar brand's $53 million round.

2 min read

24 Jul 2026 · via Affiverse Media

TikTok Shop Pilots Managed Service for Sellers

TikTok Shop is testing a US managed services program that would run nearly every part of a seller's account, from ads to creators, for a $10,000 fee plus commission.

4 min read

24 Jul 2026 · via Digital Commerce 360

Reformation Files IPO Targeting $1B Valuation

Sustainability-focused womenswear brand Reformation launched its IPO roadshow, targeting a valuation of up to $1 billion on the NYSE under the ticker REF.

4 min read

24 Jul 2026 · via Digital Commerce 360

Instacart Buys Arpalus for Shelf Intelligence

Instacart acquired computer vision firm Arpalus to turn videos of store shelves into real-time product availability data, aiming to cut undetected out-of-stocks in grocery delivery.

4 min read

24 Jul 2026 · via Marketplace Pulse

Amazon Business Hits $60B in Annualized Sales

Amazon Business reached $60 billion in annualized gross sales, up from $35 billion in 2023, and now serves more than 11 million organizations across 11 countries.

4 min read

24 Jul 2026 · via Entrackr

Urban Harvest to raise Rs 341 Cr Series D round

B2B food-tech platform Urban Harvest is set to approve a Rs 341.4 crore Series D round led by Info Edge, valuing the fresh produce and ingredients supplier at about Rs 1,541 crore.

3 min read

24 Jul 2026 · via Business Today

Blinkit’s inventory-led model takes aim at Amazon

Blinkit has shifted from a convenience grocery service into retail infrastructure, owning most of its inventory and widening assortment as quick commerce and traditional e-commerce begin to converge.

4 min read

24 Jul 2026 · via Entrackr

Flipkart to enter food delivery with Bengaluru pilot

Flipkart confirmed it will launch a food delivery service, starting with a pilot in Bengaluru and built on deep integration with the ONDC network, in a direct challenge to Zomato, Swiggy and Rapido.

3 min read

24 Jul 2026 · via Entrackr

Meesho narrows Q1 FY27 loss 54%, revenue up 48%

Value commerce marketplace Meesho posted Rs 3,713 crore in operating revenue for Q1 FY27, up 48 percent year on year, while trimming its net loss by 54 percent to Rs 133 crore.

3 min read

24 Jul 2026 · via Entrackr

AI travel startup 30 Sundays raises $6.7 million

Gurugram based travel startup 30 Sundays has raised $6.7 million in a round led by Bessemer Venture Partners. The company uses generative AI to plan and book customized holiday and honeymoon packages.

3 min read

24 Jul 2026 · via Business Standard

Vishal Mega Mart Q1 profit jumps 26% to Rs 259 cr

Value retailer Vishal Mega Mart posted a roughly 26% rise in Q1 FY27 net profit to Rs 259 crore as revenue climbed about 19% to Rs 3,727 crore, with steady margins across its 819 store network.

3 min read

24 Jul 2026 · via Business Standard

United Spirits Q1 profit rises 11% to Rs 463 crore

Diageo's Indian arm United Spirits reported an 11% rise in Q1 FY27 consolidated net profit to Rs 463 crore, led by double digit growth in its premium Prestige and Above segment.

3 min read

24 Jul 2026 · via Entrackr

Bira 91 founder Ankur Jain exits after debt deal

Bira 91 founder Ankur Jain has resigned from the board and surrendered the promoter family's 17.8% stake in a settlement with lenders and investors, after nearly two years of financial strain at parent B9 Beverages.

3 min read

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

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