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Kamath Brothers Pick Up INR 250 Cr Minority Stake In IPO-Bound InCred

India, June 23 -- Zerodha cofounders Nikhil and Nithin Kamath have acquired a minority stake in InCred Holdings Limited, the parent of InCred Financial Services Ltd, by purchasing shares worth INR 250... Read More


D2C Kids Brand Rabitat Nets INR 40 Cr

India, June 23 -- D2C kids drinkware and foodware brand Rabitat has secured INR 40 Cr ($4.6 Mn) in its Series A funding round co-led by RPSG Capital and DSG Consumer Partners. The round also saw part... Read More


PayU India Top Line Jumps 12% To $498 Mn In FY25

India, June 23 -- Prosus-owned fintech platform PayU's India revenue surged 12% to $498 Mn (around INR 4,319 Cr) in the financial year ended March 2025 (FY25), on the back of deeper penetration with e... Read More


PayU India's Payment Revenue Grows 12% To $498 Mn In FY25

India, June 23 -- Update | June 23, 04:49 PM: The story's headline has been edited to add the word payments. Prosus-owned fintech platform PayU's India payment revenue surged 12% to $498 Mn (around I... Read More


Conversational Payments Via AI Being Developed To Bolster India's Digital Ecosystem: FM

India, June 19 -- Finance minister Nirmala Sitharaman has said conversational payments through artificial intelligence and offline functionality are being developed as a part of India's evolving digit... Read More


Oben Electric Closes INR 100 Cr Series A Funding Round

India, June 18 -- Bengaluru-based electric bike manufacturer Oben Electric today said it has marked the final close of its INR 100 Cr (around $11.5 Mn) Series A funding round, after raising an additio... Read More


Techfino Bags INR 65 Cr To Offer Loans To MSMEs

India, June 18 -- Non-banking financing company (NBFC) Techfino has raised INR 65 Cr (around $7.5 Mn) from Stellaris Venture Partners and Saison Capital in a funding round. The Bengaluru-based NBFC w... Read More


IPO-Bound BlueStone Eyes Unicorn Tag With Fresh Funding

India, June 18 -- IPO-bound jewellery platform BlueStone is looking to raise fresh capital at a unicorn valuation of INR 11,500 Cr (around $1.15 Bn). As per a document accessed by Inc42, BlueStone is... Read More


Quadria Group Launches $300 Mn HealthQuad Fund After Split With KOIS

India, June 17 -- Healthcare-focused private equity firm Quadria Group has launched HealthQuad Fund III with a target corpus of $300 Mn and an additional $100 Mn green shoe option. HealthQuad was lau... Read More


Blinkit's Balewadi Dark Store Resumes Operations : Report

India, June 17 -- Days after the Maharashtra branch of the Food and Drug Administration (FDA) suspended the food business licence of Blinkit's Balewadi dark store in Pune, citing regulatory and food s... Read More