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.

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

15 Jul 2026 · via Entrackr

Temasek sells 2.05% of Lenskart for Rs 1,940 Cr

The third large early investor to trim Lenskart since its listing sold a Rs 1,940 crore block, and the stock barely moved. That is the real story for every consumer brand eyeing the public markets.

3 min read

15 Jul 2026 · via Business of Food

Sumosave raises Rs 50 Cr for a 500 store plan

A former Reckitt global CEO's investment firm just backed a Kolkata chain of neighbourhood supermarkets built for cash paying, evening shopping households. The quiet end of Indian retail is getting funded.

3 min read

15 Jul 2026 · via About Amazon India

Prime Day 2026: Record Sellers Cross Rs 10 Lakh Mark

Amazon's tenth Indian Prime Day was its fastest ever. The headline is not the deals. It is who sold, where they sold from, and how fast the boxes moved.

3 min read

15 Jul 2026 · via Storyboard18

Nykaa Q1: GMV Growth in Early 30s, Fashion Mid 50s

Nykaa's pre quarter update points to one of its better quarters in recent years. Fashion is suddenly the fastest engine, and the marketing income line quietly tells brands where their money is going.

3 min read

15 Jul 2026 · via Inc42

Karnataka 1% Gig Levy: Platforms Deposit by Late July

Eternal, Zepto, Swiggy and Meesho's logistics arm are fighting Karnataka's gig worker welfare fee in court. The court did not stay the law. The money is being collected while the lawyers argue.

3 min read

15 Jul 2026 · via Medianews4u

JioHotstar contextual ads lift brand recall 2.5x

JioHotstar and VDO.AI are wiring live signals such as weather, AQI and sports scores into ad creative on CTV and OTT. Early campaigns report 2.5x higher aided awareness and nearly 3x purchase intent.

3 min read

15 Jul 2026 · via Maritime Gateway

India US trade deal enters last 1 percent before July 22

A temporary 10 percent additional duty on Indian goods lapses on July 22. Negotiators say the first tranche of the bilateral deal is nearly settled, and exporters have been front-loading shipments to stay covered.

3 min read

15 Jul 2026 · via IndianStartupNews

Honasa installs a CEO at 95% owned BTM Ventures

Six months after buying 95 percent of BTM Ventures, the Mamaearth parent has given the Reginald Men and Molecular Company owner a dedicated chief executive. That is a signal about how acquired brands get run.

3 min read

15 Jul 2026 · via Sahi

Blinkit Gourmet: 5 Dark Stores, Prices 20-30% Higher

Blinkit is piloting a premium grocery vertical out of five dedicated dark stores in Bengaluru, Delhi NCR and Mumbai. The market leader is done competing on speed alone. It now wants the margin.

3 min read

15 Jul 2026 · via Bestmediainfo

Bajaj Consumer lifts Q1 ad spend 29 percent to Rs 50 cr

Bajaj Consumer Care raised advertising spend 29 percent to Rs 50 crore in Q1 FY27 while sales grew 28.3 percent and profit jumped 84.8 percent. The playbook: hold A&P ratio steady and let scale do the work.

3 min read

14 Jul 2026 · via TechCrunch

Claude Gets Rupee Pricing: India Is Now Market No. 2

Anthropic has switched Claude to rupee pricing across every plan, the clearest signal yet that India is a market frontier AI companies now build for, not just count.

3 min read

14 Jul 2026 · via Inc42

Pernia’s Parent Raises Rs 162.5 Crore Before IPO

Purple Style Labs quietly issued NCDs across 14 tranches while waiting on its listing. The instrument choice is the story: debt for expansion, equity for the public.

3 min read

14 Jul 2026 · via PSU Watch

June Trade Deficit Hits $30.43 Bn

Exports grew 15.5 percent in June but imports surged 31 percent, blowing the goods trade deficit out to 30.43 billion dollars. The gap is a cost signal every importer should read.

3 min read

14 Jul 2026 · via The Federal

June CPI at 4.38 Percent: RBI’s Band Breaks

Retail inflation crossed the RBI's 4 percent target for the first time under the new CPI series. Festive planning just picked up a new variable.

3 min read

14 Jul 2026 · via The Peoples Board

HUL and Dabur Cut Headcount: Automation Arrives

Two of India's biggest FMCG companies cut permanent headcount in FY26 while paying the remaining people more. The operating model behind Indian consumer goods is changing shape.

3 min read

14 Jul 2026 · via Inc42

Swiggy Instamart Gets 9 FSSAI Notices

The food regulator has sent Swiggy Instamart nine notices over expired, spoiled and mislabelled products. The bigger story is what platforms will now demand from every brand they stock.

3 min read

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