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UPI Payments Via Smart Appliances: NPCI Working On IoT Rails

India, July 8 -- The National Payments Corporation of India (NPCI) is working on an internet of things (IoT) version of the Unified Payments Interface (UPI) which will allow users to make digital paym... Read More


Quick Commerce Battle: Blinkit, Instamart Gain Market Share In Q1

India, July 8 -- Quick commerce majors Blinkit and Instamart gained market share in the first quarter of the ongoing financial year (Q1 FY26) as players in the sector decided to slow down their aggres... Read More


IIT Madras To Launch INR 200 Cr Alumni-Backed Early Stage Startup Fund

India, July 8 -- Indian Institute of Technology (IIT) Madras has said it plans to launch an INR 200 Cr venture capital (VC) fund to back early-stage startups, particularly in the deeptech domain. Cal... Read More


Ahead Of IPO, Captain Fresh Converts Into A Public Entity

India, July 7 -- Meat and seafood startup Captain Fresh has converted into a public company, marking a major step in preparation for its initial public offering (IPO). In a filing with the Ministry o... Read More


Nykaa Jumps 2.5% After It Projects Mid-20% Revenue Growth In Q1

India, July 7 -- Shares of beauty ecommerce major Nykaa surged 2.5% to INR 203.05 on the BSE today after the company said it expects its consolidated revenue growth to be in mid-twenties YoY in the fi... Read More


Eternal Appoints Aditya Mangla As Food Delivery CEO

India, July 7 -- Foodtech major Eternal has appointed Aditya Mangla as the CEO of its food ordering and delivery business. Mangla will succeed Rakesh Ranjan, who has completed his two-year stint as t... Read More


GenAI Startup subtl.ai Shuts Shop After Failing To Raise Funds

India, July 7 -- After raising $200K (INR 1.8 Cr) from a clutch of angel investors, GenAI-focussed enterprise tech startup subtl.ai has shut down. The startup's web domain has also expired. On July 3... Read More


NBFC InPrime Bags $3 Mn From InfoEdge, Others To Grow Beyond Indian Metros

India, July 7 -- Bengaluru-based non-banking financial company (NBFC) InPrime Finserv has raised INR 50 Cr (about $6 Mn) in its Series A1 round. The round, led by Pravega Ventures, saw participation ... Read More


NBFC InPrime Bags $6 Mn From InfoEdge, Others To Grow Beyond Indian Metros

India, July 7 -- Update | July 8, 10:40 The headline of the story has been edited to change the funding amount to $6 Mn from $3 Mn earlier. Original Story | July 7, 20:18 Bengaluru-based non-bankin... Read More


The Fall Of Good Glamm, Startup Funding Last Week & More

India, July 7 -- The Good Glamm Meltdown Once a unicorn and looking to build India's content-to-commerce space, the Good Glamm Group (GGG) is now staring at a bleak horizon. The startup has shut dow... Read More