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Mutual Funds Raise Meesho Bets As Early Foreign Investors Trim Stakes

India, July 16 -- Domestic institutional investors increased their exposure to Meesho in the first quarter of FY27, offsetting stake sales by several early foreign backers after the ecommerce company'... Read More


logcat.ai Bags $2.5 Mn To Build AI Platform For Android, Linux Engineering

India, July 16 -- Enterprise AI startup logcat.ai has raised $2.5 Mn (about Rs.24 Cr) in a pre-seed funding round led by US-based seed stage investor Founders' Co-op. The round also saw participation... Read More


Jio Financial Services Q1: Profit Surges 2.6X YoY To Rs.830 Cr

India, July 16 -- Fintech company Jio Financial Services' (JFS) net profit zoomed 2.6X to Rs.830.3 Cr in the first quarter (Q1) of FY27 from Rs.324.7 Cr in the year-ago period. On a sequential basis, ... Read More


Inside Cosmos Diamonds' Bootstrapped Push Into India's Lab-Grown Jewellery Market

India, July 16 -- Shopping for an Indian wedding is one of life's biggest emotional and financial milestones. Months of planning eventually lead to a handful of purchases that define the celebration. ... Read More


Aina Raises $5.5 Mn From Info Edge, Others To Build AI Hardware Interface

India, July 16 -- AI hardware interface startup Aina has emerged from stealth with a $5.5 Mn (about Rs.53 Cr) seed funding round co-led by Redstart Labs, the venture arm of Info Edge Ventures, and 360... Read More


Aurum PropTech To Acquire Housing.com For Rs.458 Cr

India, July 16 -- Listed real estate tech company Aurum PropTech's board has approved the acquisition of 100% of Locon Solutions, the company that owns real estate marketplace Housing.com, from Austra... Read More


Former Rippling Cofounder Prasanna Sankar Raises $15 Mn For Vorflux After 0xPPL Shutdown

India, July 16 -- Former Rippling cofounder Prasanna Sankar has launched enterprise AI software engineering startup Vorflux, raising $15 Mn (about Rs.144 Cr) in a seed funding from Peak XV Partners, Y... Read More


Beauty Products Manufacturer Naturis Cosmetics Nets Rs.100 Cr To Expand Capacity

India, July 16 -- Beauty and personal care (BPC) manufacturer Naturis Cosmetics has raised Rs.100 Cr (around $11.8 Mn) in its Series A funding round led by Sharrp Ventures, with participation from Mir... Read More


Physical AI Startup SwitchOn Raises $8 Mn To Scale Manufacturing Inspection

India, July 16 -- Physical AI startup SwitchOn has raised $8 Mn (about Rs. 77 Cr) in a pre-Series B funding round led by IvyCap Ventures, with participation from SIG Tattva and Trifecta Capital. The ... Read More


Groww Q1: Profit Surges 94% YoY To Rs.735 Cr

India, July 15 -- Investment tech platform Groww's consolidated net profit zoomed 94.3% to Rs.735 Cr in the first quarter of FY27 from Rs.378.4 Cr in the year-ago quarter. Sequentially, profit rose 7.... Read More