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 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

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