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Flipkart to Launch Food Delivery Service in Bengaluru by Mid-August With Low Commission Model

Flipkart is preparing to enter India’s highly competitive online food delivery market with the launch of its food delivery service in Bengaluru by mid-August. The Walmart-owned ecommerce company plans to…

Shiprocket IPO Expected This Month at ₹7,000 Crore Valuation Amid Stronger Financial Performance

Indian ecommerce enablement platform Shiprocket is expected to launch its initial public offering (IPO) within the next one to two weeks, with reports suggesting the company is targeting a valuation…

BlackBuck Q1 Profit Rises 25% to ₹42 Crore as Revenue Surges 42%

Digital trucking platform BlackBuck has started FY27 on a strong note, reporting a 25% year-on-year increase in net profit alongside robust revenue growth during the first quarter. The Bengaluru-based company…

1xBet Branding Appears on Indian Sports Platforms Despite Government Crackdown on Offshore Betting Ads

Offshore betting platform 1xBet has once again come under scrutiny after its branding was prominently displayed during India’s recent T20 cricket series against Zimbabwe, which was streamed for Indian audiences…

Matel Raises ₹130 Crore in Series B Led by UC Impower to Expand EV Powertrain Business

Pune-based electric mobility technology startup Matel Motion & Energy Solutions has secured ₹130 crore (around $15 million) in a Series B funding round led by UC Impower. The investment marks…

UPI Records Highest-Ever Monthly Volume with 23.66 Billion Transactions in July 2026

India’s Unified Payments Interface (UPI) achieved a new milestone in July 2026 by recording its highest-ever monthly transaction volume, highlighting the country’s continued shift towards digital payments. According to data…

Urban Company Reports ₹92 Crore Q1 FY27 Loss Despite 44% Revenue Growth

Home services marketplace Urban Company reported strong revenue growth in the first quarter of FY27, but the company slipped into a net loss as it continued investing heavily in its…

Indian Startup Funding Drops to $82.2 Million This Week as Early-Stage Deals Dominate

India’s startup ecosystem raised nearly $82.2 million across 17 funding deals during the week of July 27 to August 1, 2026. While investment activity remained steady, the total amount raised…

Shadowfax Raises FY27 Revenue Growth Guidance to 40% After Record First Quarter Performance

Shadowfax has significantly increased its revenue growth forecast for FY27 after delivering its strongest-ever quarterly financial performance. The Bengaluru-based logistics company has revised its full-year revenue guidance to 38-40%, up…

Arboreal Bioinnovations Raises ₹230 Crore Series A Led by Edelweiss EAAA and Omnivore

Lucknow-based Arboreal Bioinnovations, a specialty food and nutraceutical ingredients technology company, has raised ₹230 crore (over $24 million) in a Series A funding round. The investment was co-led by EAAA,…

InCred Finance Reports ₹759 Crore Revenue in Q1 FY27 as Profit Surges 83%

InCred Financial Services, the lending arm of InCred Holdings, has started FY27 on a strong note, reporting healthy growth in both revenue and profitability. The non-banking financial company (NBFC) posted…

PhonePe Launchs PulsePro to Deliver Enterprise Market Intelligence Using Payment Data

Indian fintech leader PhonePe has introduced PulsePro, a new enterprise market intelligence platform designed to help businesses make data-driven decisions using aggregated and anonymised transaction insights from its vast payments…

Hegdinvst Raises $1.3 Million in Series A to Back Proposed Multi-Asset Hedge Fund

Chennai-based alternative investment manager Hegdinvst has secured $1.3 million (around ₹11.5 crore) in a Series A funding round, surpassing its initial fundraising target of $1.1 million (₹10 crore). The funding…

Meta Tightens Content Review for PM Modi and High-Profile Accounts After Government Scrutiny

Meta has introduced additional safeguards for content published by Prime Minister Narendra Modi and other high-profile public figures after facing scrutiny from the Ministry of Electronics and Information Technology (MeitY)….

Virat Kohli and Vikas Kohli Formalise 28% Stake in Vault Fitness Chain

Indian cricket star Virat Kohli and his brother Vikas Kohli have officially become strategic investors in Vault by Virat Kohli, formalising a combined 28% equity stake in the premium fitness…