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[Update] Quick Fashion Startup KNOT Raises $3 Mn To Expand Beyond Mumbai

India, July 16 -- Update | July 16, 9:50 PM About one and a half months after Inc42 reported that quick fashion startup KNOT would be raising fresh capital, the startup announced the closure of its p... Read More


NODWIN To Raise Funding, Will No Longer Be Nazara Subsidiary

India, July 16 -- Listed gaming major Nazara Technologies' esports subsidiary NODWIN Gaming is raising a fresh round of capital from existing investors to fuel business expansion. However, Nazara will... Read More


Tesla's India Debut, WeWork India's IPO & More

India, July 16 -- Tesla Drives Into Indian Shores Four years and countless regulatory hurdles later, Tesla has finally arrived in India. The Elon Musk-led EV giant has debuted in the country with two... Read More


ixigo To Raise Stake In Train Food Delivery Startup Zoop

India, July 16 -- Online travel aggregator ixigo is increasing its stake in the train food delivery platform and its subsidiary Zoop Web Services by 11% via a secondary share purchase worth INR 3.25 C... Read More


QpiAI Bags $32 Mn To Integrate AI, Quantum Computing Into Enterprise Solutions

India, July 16 -- Deeptech startup QpiAI has raised $32 Mn (around INR 279 Cr) in its Series A funding round co-led by Avataar Ventures and National Quantum Mission. The round also saw participation ... Read More


Blinkit Inventory Model: A Cure For The Cash Burn Problem?

India, July 16 -- When Eternal's quick commerce arm Blinkit hinted at moving to an inventory led model, the first reaction was this would increase its up front costs and put a lot of pressure on drivi... Read More


Can Kusha Kapila's Brand Underneat Become India's Answer To SKIMS?

India, July 16 -- Dominated for years by names like Jockey, Triumph, and Amante, and more recently by the likes of Reliance-owned Zivame and Clovia, India's innerwear market is one where new-age brand... Read More


ixigo Q1: Profit Jumps 27% YoY To INR 19 Cr

India, July 16 -- Online travel aggregator (OTA) ixigo reported a consolidated net profit of INR 18.9 Cr in the first quarter of FY26, an increase of 27% from INR 14.9 Cr in the year-ago quarter. On a... Read More


Phi Commerce Raises INR 51 Cr From BEENEXT

India, July 16 -- Payment solutions provider Phi Commerce has secured INR 51.34 Cr ($5.9 Mn) as a part of its ongoing Series B funding round from existing investor BEENEXT. As per Phi Commerce's MCA ... Read More


SAT Dismisses Plea Seeking Stay On Smartworks IPO

India, July 16 -- The Securities Appellate Tribunal (SAT) has dismissed an appeal seeking a stay on the IPO of coworking space major Smartworks, whose shares are expected to list on the bourses tomorr... Read More