India, Nov. 3 -- The commerce and industry ministry has reportedly circulated a note on allowing foreign direct investment (FDI) in inventory-based ecommerce models, solely for exports. Citing a gove... Read More
India, Nov. 1 -- IPO-bound logistics company Shadowfax's consolidated net profit surged nearly 114% to INR 21 Cr in the first six months of the ongoing financial year (H1 FY26) from INR 9.8 Cr in the ... Read More
India, Nov. 1 -- Amid the festive season, UPI transactions rose 5.6% month-on-month (MoM) to 20.7 Bn in October, touching a fresh all-time high. On a year-on-year (YoY) basis, the transaction count ju... Read More
India, Oct. 31 -- BNPL startup Snapmint has raised $125 Mn (around INR 1,100 Cr) in its Series B funding round, led by General Atlantic. The round also saw participation from Prudent Investment Manage... Read More
India, Oct. 30 -- Foodtech giant Swiggy is reportedly considering raising $1 Bn to $1.5 Bn via a qualified institutional placement (QIP) to boost its balance sheet and accelerate quick commerce expans... Read More
India, Oct. 30 -- Biotech startup Helex has raised $3.5 Mn (around INR 31 Cr) in its seed funding round led by pi Ventures, with participation from a host of investors, including Bluehill.VC, US-based... Read More
India, Oct. 30 -- Update | October 30, 16:30 IST Foodtech major Swiggy is planning to raise up to INR 10,000 Cr via a qualified institutional placement (QIP). In an exchange filing, the company said... Read More
India, Oct. 29 -- In more trouble for cash-starved beer maker Bira 91, its lenders Anicut Capital and Japan-based Kirin Holdings have taken control of the alcobev startup's subsidiary and renowned caf... Read More
India, Oct. 29 -- B2B agentic AI startup Lyzr has raised $8 Mn (around INR 70.6 Cr) in its Series A funding round led by Rocketship.vc, with participation from Accenture, Firstsource, US-based Plug an... Read More
India, Oct. 28 -- Car reselling platform CarTrade's consolidated net profit more than doubled to INR 64.1 Cr in the second quarter of the ongoing fiscal year (Q2 FY26) from INR 30.7 Cr in the same qua... Read More