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Exclusive: Former Dyson India Boss Ankit Jain Bags Funding From BEENEXT For New Venture

India, Aug. 13 -- Former Dyson India MD Ankit Jain is working on a startup focused on building premium consumer appliances, sources told Inc42. The startup, which is currently operating in stealth, h... Read More


Bluehill.VC Marks Final Close Of Rs.400 Cr Maiden Frontier Tech Fund

India, Aug. 13 -- Early-stage VC firm Bluehill.VC has marked the final close of its maiden Rs.400 Cr frontier tech fund. The fund includes a greenshoe option of Rs.50 Cr. The fund saw participation f... Read More


D2C Brand Scrubsy Nets $3 Mn To Expand Home Cleaning Offerings

India, Aug. 13 -- D2C home-cleaning startup Scrubsy has raised Rs.27 Cr ($3 Mn) in a seed round led by V3 Ventures. Founded in 2025 by Kartik Sibal, Ishan Suri, Nitin Jain and Aditya Bhasin, Scrubsy ... Read More


5.1 Lakh Complaints Filed Against Ecommerce Platforms In 2025: Govt

India, Aug. 13 -- More than 5.1 Lakh complaints were registered against ecommerce and quick commerce platforms on the National Consumer Helpline in 2025, the government informed the Parliament. This i... Read More


Centre Directs Ride-Hailing Platforms To Take Down 'Advanced Tipping' Prompts

India, Aug. 13 -- The Ministry of Road Transport and Highways (MoRTH) has directed ride-hailing aggregators such as Uber, Rapido, Ola, among others, to remove tipping prompts shown before or during a ... Read More


[Update] Shiprocket IPO Oversubscribed 3.16X On Day 2

India, Aug. 13 -- Update | August 13, 2026 Shiprocket's public issue was subscribed 3.16X on the second day of bidding, receiving bids for 29.8 Cr equity shares against 9.44 Cr shares on offer. Reta... Read More


Shiprocket IPO Subscribed Nearly 2X On Day 2 So Far

India, Aug. 13 -- Ecommerce enablement platform Shiprocket's Rs.1,617.5 Cr IPO was subscribed 1.97X by 12:42 IST on the second day of bidding today. The issue received bids for 18.58 Cr shares agains... Read More


Centricity Raises Rs.280 Cr To Expand Wealthtech Platform, NRI Business

India, Aug. 13 -- Wealthtech startup Centricity has raised Rs.280 Cr (around $29 Mn) in a funding round led by SMBC Asia Rising Fund, comprising Rs.230 Cr in equity and Rs.50 Cr in venture debt. The r... Read More


Amagi Q1: Profit Jumps 8.6X YoY To Rs.33.9 Cr, Revenue Rises 32%

India, Aug. 13 -- Media SaaS company Amagi Media Labs' consolidated net profit jumped 8.6X to Rs.33.9 Cr in the June quarter of the financial year 2026-27 (Q1 FY27) from Rs.3.9 Cr in the year-ago peri... Read More


Lenskart Shares Jump 7% To Record High As Brokerages Raise Targets

India, Aug. 13 -- Shares of omnichannel eyewear major Lenskart jumped nearly 7% to an all-time high of Rs.627.35 on the BSE today after several brokerages raised their target prices following the comp... Read More