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 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

22 Jul 2026 · via Inc42

Honasa projects 30 percent revenue growth in Q1 FY27

Mamaearth parent Honasa Consumer said it expects about 30 percent revenue growth in Q1 FY27, with reported growth lower on a Flipkart accounting change.

3 min

22 Jul 2026 · via Chambers and Partners

New rule makes ecommerce sites show import origin

From 1 July 2026, ecommerce platforms in India must let shoppers filter imported packaged goods by country of origin under amended legal metrology rules.

3 min

22 Jul 2026 · via StartupTalky

Kareena Kapoor becomes Fizzy Goblet strategic investor

Kareena Kapoor Khan has moved from brand ambassador to equity investor in D2C footwear label Fizzy Goblet as it chases 100 crore rupees in revenue.

3 min

22 Jul 2026 · via Business Today

Zepto readies Select tab for premium groceries in 40 cities

Zepto is preparing a premium grocery tier called Select to take on Blinkit Gourmet and FirstClub in higher income cities.

3 min

22 Jul 2026 · via Republic World

Nestle India Q1 profit climbs 48 percent to Rs 975 crore

The maker of Maggi and Nescafe reported a sharp jump in Q1 FY27 profit on strong volumes, with quick commerce flagged as a key growth channel.

3 min

22 Jul 2026 · via Entrackr

Blinkit Q1 revenue hits Rs 15,664 crore, EBITDA turns positive

Eternal's Q1 FY27 numbers show Blinkit contributing more than three quarters of group revenue as the quick commerce arm swings to an operating profit.

3 min

21 Jul 2026 · via Entrackr

Skin longevity brand LNGVTY raises 5 crore seed

Mumbai based skincare startup LNGVTY has raised Rs 5 crore in a seed round led by Rukam Capital, betting on a science backed skin longevity positioning in a fast growing Indian market.

3 min

21 Jul 2026 · via Inc42

Flipkart Minutes targets 1,500 fulfillment centres

Flipkart Minutes plans to scale to 1,500 micro fulfillment centres across 180 cities as Amazon Now targets 300 cities, sharpening the quick commerce contest with Blinkit, Zepto and Swiggy Instamart.

3 min

21 Jul 2026 · via Entrackr

Supply6 raises 48 crore led by Unilever Ventures

Daily nutrition brand Supply6 has raised Rs 48 crore, about 5 million dollars, in a round led by Unilever Ventures, with actor Kriti Sanon and existing backer Zeropearl VC also participating.

3 min

21 Jul 2026 · via Entrackr

Nykaa flags near thirty percent revenue growth in Q1 FY27

FSN E-Commerce Ventures, the parent of Nykaa, told investors that consolidated net revenue for the June 2026 quarter is set to rise close to 30 percent, powered by a sharp acceleration in its fashion vertical.

3 min

21 Jul 2026 · via Inc42

BigBasket trims footprint under new profitability mandate

Tata owned BigBasket is pulling back its sprawling footprint under a fresh profitability mandate, with a new chief executive and reports that Tata Digital wants it to focus on far fewer markets as quick commerce rivals keep gaining ground.

3 min

21 Jul 2026 · via Ascendants

Amazon Now scales up to 500 dark stores in India push

Amazon is scaling its quick commerce arm Amazon Now aggressively, running more than 500 dark stores and about 4.5 lakh to 5 lakh daily orders, as it tries to close the wide gap with market leader Blinkit in India's fast delivery race.

3 min

21 Jul 2026 · via Analytics Insight

Blinkit weekly users cross 55 million, CLSA data shows

Blinkit widened its lead in India's quick commerce market, reaching a record 55.2 million weekly active users after adding 2.7 million in four weeks, according to CLSA data that showed rivals Zepto and Swiggy Instamart growing more slowly.

3 min

21 Jul 2026 · via Dalal Street Investment Journal

DMart Q1 profit rises 11% but stock slips on margin worry

Avenue Supermarts, the parent of DMart, reported an 11.3% rise in June quarter net profit and a 15% jump in revenue, yet its stock fell more than 4% as investors focused on thin margins and rising online competition.

3 min

21 Jul 2026 · via Entrackr

Ananta Capital buys majority stake in Phitku

Private equity firm Ananta Capital has acquired a majority stake in D2C deodorant brand Phitku in a Rs 100 crore deal that values the profitable startup at about Rs 200 crore.

3 min

21 Jul 2026 · via Indian Startup News

Limelight Diamonds raises Rs 275 Cr for stores

Mumbai based Limelight Lab Grown Diamonds has raised Rs 275 crore in a strategic round led by its promoter Bhathwari Group to expand manufacturing and accelerate retail rollout across India.

3 min

21 Jul 2026 · via Outlook Business

Naturis Cosmetics raises Rs 100 Cr from Sharrp

Beauty and personal care contract manufacturer Naturis Cosmetics has raised Rs 100 crore in its first institutional round, led by Sharrp Ventures, to expand manufacturing and research capacity.

3 min

21 Jul 2026 · via Entrackr

Plazza raises $15 Mn to scale medicine delivery

Bengaluru based pharmacy quick commerce startup Plazza has raised $15 million in a Series A round co led by Accel, Elevation Capital and Nexus Venture Partners to expand its 15 to 30 minute medicine delivery network.

3 min

20 Jul 2026 · via Outlook Business

Zepto IPO valuation cut to $4.5 billion

Zepto is heading into its IPO at close to half its peak value, as investors price the cash burn behind quick commerce ahead of the listing.

3 min read

20 Jul 2026 · via Colliers (via Prokerala)

India warehousing leasing up 12% in first half

Demand for industrial and warehousing space rose across the top eight cities in H1 2026, with 3PL and e-commerce leading and supply running ahead.

3 min read

20 Jul 2026 · via SMEStreet

Venture Catalysts Exits TruNativ at 12.73x

Venture Catalysts is out of TruNativ. The exit multiple is a signal for every consumer wellness founder.

3 min read

20 Jul 2026 · via Outlook Business

Reliance Retail revenue up 7.4%, profit slips 14%

Reliance Retail grew its top line but ceded margin in Q1 FY27, funding quick commerce and digital while the largest organised retailer defends footfall.

3 min read

20 Jul 2026 · via Whalesbook

Quick commerce adds 900 dark stores in a quarter

India's quick commerce players added close to 900 dark stores in three months, but almost all of them landed in areas already served, and metros now look overbuilt.

3 min read

20 Jul 2026 · via Entrackr

Quick Clean Raises 14 Million in Series B

Quick Clean runs the laundry behind India's big hotels. Its Series B is a lesson in owning the unglamorous work.

3 min read

20 Jul 2026 · via InFashion Business

Myntra cuts seller onboarding to 2 days

Myntra says AI has compressed seller onboarding from up to 15 days to about two, and rebuilt catalogs, fit and search around the same engine.

3 min read

20 Jul 2026 · via Outlook Business

MakeMyTrip Files for India IPO After 15 Years

MakeMyTrip is coming home to the Indian market. The filing is a benchmark for every consumer brand eyeing a listing.

3 min read

20 Jul 2026 · via Inc42

JioMart orders jump 116% as Reliance margin dips

Reliance Retail's first quarter FY27 numbers show JioMart orders surging and margins slipping, as the quick commerce buildout starts hitting the profit line.

3 min read

20 Jul 2026 · via Indian Television Dot Com

ITC enters cola war with Rs 60 coconut cola

ITC is fighting Coca-Cola and PepsiCo from above on proposition, not below on price, testing whether a wellness cola can command a premium.

3 min read

20 Jul 2026 · via Entrackr

Groyyo Banks 90 Crore in Series B First Close

Groyyo has closed the first tranche of its Series B. The number to watch is what it does to apparel sourcing.

3 min read

20 Jul 2026 · via Free Press Journal

CCPA fines SpiceJet Rs 1 lakh for dark patterns

India's consumer regulator penalised SpiceJet over pre-ticked consent boxes, a precedent that reaches every e-commerce and quick commerce checkout.

3 min read

17 Jul 2026 · via Groww

Zepto files for Rs 8,010 crore IPO

Zepto has filed updated IPO papers with SEBI, moving toward what would be India's first pure-play quick commerce listing.

3 min read

17 Jul 2026 · via Apparel Resources

Trent Q1 revenue up 19%, Zudio hits 982

Trent posted standalone revenue of 5,666 crore rupees for the June quarter, up 19 percent, ending with 1,312 fashion stores led by value banner Zudio.

3 min read

17 Jul 2026 · via Apparel Resources

Quick commerce set for 40% growth in 2026

An Equirus report expects India's quick commerce market to grow near 40 percent in 2026, even as it flags a weak monsoon as a demand risk.

3 min read

17 Jul 2026 · via Inc42

Open Secret raises Rs 50 Cr to widen offline

Healthy snacking brand Open Secret has raised over Rs 50 crore led by the Desai Brothers Group, with the fresh capital aimed squarely at physical shelves.

3 min read

17 Jul 2026 · via Entrackr

Meesho buys Kirana Club for Rs 202 crore

Meesho is acquiring Kirana Club for Rs 202 crore, gaining 4.1 million retailers and a direct line into India's FMCG grocery trade.

3 min read

17 Jul 2026 · via The Free Press Journal

Marico Q1 revenue growth in the early 20s

Marico expects consolidated revenue to grow in the early twenties for the June quarter, with its best India volume growth in several quarters and copra costs easing.

3 min read

17 Jul 2026 · via The Tribune

Warehousing supply to top 45 mn sq ft by 2026

Colliers expects Grade A industrial and warehousing supply to reach 45 to 50 million sq ft by the end of 2026, with vacancy holding at 17.2 percent.

3 min read

17 Jul 2026 · via Apparel Resources

Flipkart Minutes crosses 1,000 dark stores

Flipkart Minutes has crossed 1,000 dark stores in under two years, narrowing the gap with Blinkit as the quick commerce race widens.

3 min read

17 Jul 2026 · via Ascendants

Fifth Sense bags Rs 6.3 Cr for fragrance push

Fragrance brand Fifth Sense has raised Rs 6.3 crore in pre-seed capital led by OTP Ventures to build a youth-focused, emotion-led scent label.

3 min read

17 Jul 2026 · via Rural Voice

India edible oil imports fall 29% in June

India's vegetable oil imports fell 29 percent in June to 11.47 lakh tonnes, the lowest of the oil year, as palm oil lost its price edge over soft oils.

3 min read

17 Jul 2026 · via Ascendants

Doodhvale Farms adds $1 Mn from Atomic Capital

D2C dairy brand Doodhvale Farms has raised another 1 million dollars from existing backer Atomic Capital to widen distribution and invest in demand forecasting.

3 min read

17 Jul 2026 · via PR Newswire

TVS Venu’s Atelier buys majority in Khoya

Atelier Expressions, the lifestyle platform of TVS Venu, has agreed to buy a majority stake in luxury mithai brand Khoya, a mark of how big money now hunts premium Indian consumer names.

3 min read

16 Jul 2026 · via Inc42

Zepto preps premium Select tab ahead of 2026 IPO

Zepto is readying a premium grocery tab called Select, stocking imported and gourmet products priced to undercut rivals, weeks ahead of its planned listing.

3 min read

16 Jul 2026 · via Business of Food

YatriKart plans 50 NCR stores in 50 days

The convenience retail startup opens its first Delhi NCR outlet and unveils a transit-first playbook: 50 Quick Stop stores in 50 days, and 5,000 across India in five years.

3 min read

16 Jul 2026 · via Prokerala

Windfall tax on diesel exports jumps to Rs 15.5

The government raised the windfall duty on diesel exports from Rs 8.5 to Rs 15.5 a litre and on ATF from Rs 7.5 to Rs 14.5, effective 16 July, as the US-Iran conflict pushes global crude higher.

3 min read

16 Jul 2026 · via BusinessToday

Quest PMS holds Eternal at 6% on Blinkit economics

Quest PMS has added to its Eternal position at nearly 6 percent of portfolio, arguing Blinkit owns the best unit economics in Indian quick commerce.

3 min read

16 Jul 2026 · via Entrackr

Promom raises Rs 30 Cr for mother and baby care

Fireside Ventures backs the Lucknow brand building feeding and early parenting products for the gap between expensive imports and inconsistent local alternatives.

3 min read

16 Jul 2026 · via NewKerala

Patanjali Foods drops 20% to a six-year low

Patanjali Foods fell 20 per cent to Rs 328.20 on the NSE on 15 July, its lowest level since April 2020. The company told exchanges there is no material event behind the slide.

3 min read

16 Jul 2026 · via Entrackr

Instamart adds 10 kg LPG cylinders with HPCL

Swiggy's Instamart becomes the first quick commerce platform in India to deliver LPG cylinders, starting in Bengaluru with HPCL's 10 kg composite and 5 kg metal formats.

3 min read

16 Jul 2026 · via Prokerala

India-UK CETA goes live, $140 mn shipped on day one

The India-UK trade agreement came into force on 15 July and the government marked it by flagging off over $140 million of exports in a single day. Nearly 99 per cent of India's export lines to the UK now enter at zero duty.

3 min read

16 Jul 2026 · via Prokerala

India electronics output up 6x to Rs 11.3 lakh crore

Electronics production in India rose sixfold in a decade to Rs 11.3 lakh crore in FY25, with exports up eightfold, according to an Infomerics Ratings report published 15 July.

3 min read

16 Jul 2026 · via Inc42

BigBasket to cut footprint from 76 to 40 cities

Tata-owned BigBasket will pull back from 76 cities to around 40 profitable ones as new CEO Amit Nanda takes on a hard profitability mandate.

3 min read

16 Jul 2026 · via Entrackr

Ather raises Rs 1,200 Cr; Hero stake hits 30.68%

Hero MotoCorp commits Rs 960 crore via warrants, the India-Japan Fund adds Rs 200 crore, and both co-founders buy in at market-linked prices as Ather stock touches an all-time high.

3 min read

16 Jul 2026 · via Entrackr

Anmasa raises Rs 30 Cr for 90-minute fresh staples

Fireside Ventures leads a Rs 30 crore seed round in the Gurugram startup that mills flour, presses oils and grinds spices only after the order lands, then delivers in 90 minutes.

3 min read

15 Jul 2026 · via India TV News

WPI inflation hits 9.87 percent in June on fuel and food

Wholesale inflation rose to 9.87 percent in June from 9.68 percent in May. Fuel and power ran at 27.41 percent. Producer costs are climbing far faster than shelf prices, and someone is absorbing the gap.

3 min read

15 Jul 2026 · via Inc42

Udaan lines up $160 Mn to repair its balance sheet

The B2B ecommerce unicorn has stitched together fresh equity, private credit and a bond conversion to steady itself after a $170 Mn default and keep its listing plans alive.

3 min read

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