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Escape Plan Raises $25 Mn To Expand Offline Footprint

India, Jan. 22 -- Travel accessories-focussed ecommerce startup Escape Plan has raised $25 Mn (around INR 207 Cr) in a Series A funding round led by existing investor Jungle VC, along with participati... Read More


PhonePe Files Updated DRHP For OFS-Only IPO

India, Jan. 22 -- Walmart-backed fintech giant PhonePe has filed the updated draft red herring prospectus (UDRHP) with SEBI for its IPO, which will comprise only an offer for sale (OFS). The Bengalur... Read More


Eternal Gets A New Boss, VCs Rethink Healthtech Bets & More

India, Jan. 22 -- Eternal's Action-Packed Q3 Much happened as Eternal announced its Q3 results yesterday. Deepinder Goyal is stepping down as Eternal's group CEO, while the foodtech major reported bl... Read More


Shadowfax IPO: Issue Closes With 2.72X Oversubscription

India, Jan. 22 -- Updated | January 22, 19:18 PM Shadowfax IPO closed with an oversubscription of 2.72X, receiving total bids for 24.23 Cr shares against 8.9 Cr shares on offer. The issue received h... Read More


Troovy Bags $5 Mn To Scale Online Distribution

India, Jan. 22 -- D2C snacking brand Troovy has secured $5 Mn (INR 45.8 Cr) in a Series A funding round led by Fireside Ventures and Sharrp Ventures, along with participation from existing investors S... Read More


Go Digit Q3: Profit Rises 18% YoY To INR 140 Cr

India, Jan. 22 -- Insurtech giant Go Digit General Insurance's profit after tax (PAT) zoomed 18% to INR 140 Cr in Q3 FY26 from INR 118.5 Cr in the year-ago quarter. On a sequential basis, profit incre... Read More


IPO-Bound PhonePe's Loss Widens 20% YoY To INR 1,444 Cr In H1 FY26

India, Jan. 22 -- IPO-bound fintech major PhonePe's net loss zoomed over 20% to INR 1,444.4 Cr in H1 FY26 from INR 1,203.2 Cr in the same period of the prior year, as margins contracted. The company'... Read More


BlueStone Turns Profitable In Q3, Reports A PAT Of INR 69 Cr

India, Jan. 22 -- Jewelry brand BlueStone turned profitable in the Q3 FY26, reporting a net profit of INR 68.9 Cr against a net loss of INR 26.8 Cr in the year-ago period. It had reported a net loss o... Read More


Beyond Broking: How Asset Management Can Be Groww's Biggest Strategic Bet Yet

India, Jan. 22 -- Groww has never been shy about its ambition of becoming more than a broking app. Its latest deal with State Street Investment Management (SSIM) suggests that its ambition is now shif... Read More


Elevation Capital Partner Mayank Khanduja Steps Down

India, Jan. 22 -- Mayank Khanduja, partner at Elevation Capital, has quit the venture capital firm after a 15-year stint. In a LinkedIn post, Khanduja said he is taking a break to spend more time wit... Read More