In one of the most eagerly awaited initial public offerings (IPOs) of the year, India’s investment platform Groww, operated by Billionbrains Garage Ventures Ltd, has raised a whopping Rs 2,984.5 crore from anchor investors ahead of its public debut. The announcement has sent ripples across the Indian financial ecosystem, prompting investors to scrutinize whether Groww is poised to become the…
In a bold move signaling its ambitions to dominate the Indian e-commerce enablement space, GoKwik has announced the elevation of Abhinav Midha to the role of Chief Business Officer (CBO). This leadership shake-up comes at a time when the company is experiencing meteoric growth, and analysts believe it could be a game-changer for the way brands approach online retail in India.
Abhinav Midha, who…
In a rollercoaster financial reveal, Bengaluru-based food delivery giant Swiggy, one of Zomato’s fiercest rivals, stunned investors and analysts alike by reporting a staggering Rs 1,092 crore loss in Q2 FY26. The numbers, released on Monday, show that while Swiggy’s top line is soaring, the bottom line is bleeding, highlighting the high-stakes battle in India’s hyper-competitive foodtech and…
In a historic move set to redefine India’s innovation landscape, Prime Minister Narendra Modi launched a staggering Rs 1 lakh crore Research, Development, and Innovation (RDI) Fund aimed at turbocharging private sector-led research and development across the country. The announcement, made during the inaugural session of the Emerging Science, Technology and Innovation Conclave (ESTIC 2025) at…
In a bold move that could redefine the future of online job platforms in India, Info Edge has elevated Jatin Thukral to Chief AI Scientist and Chief Product Officer of Naukri. This strategic shake-up comes as the company doubles down on its AI-first approach, signaling that artificial intelligence is no longer just a supporting tool—it’s now the engine driving growth, innovation, and…
In a strategic move that’s capturing the attention of the Indian e-commerce sector, GoKwik has promoted Abhinav Midha to Chief Business Officer (CBO). Experts say this shift could redefine how India’s online retail ecosystem grows and scales in the coming years.
Midha, who previously served as GoKwik’s Vice President of Sales, has been a driving force behind the company’s 100% year-on-year…
India’s fintech scene is about to witness a blockbuster moment as Pine Labs gears up for its highly anticipated IPO, targeting a jaw-dropping valuation of 25,377 crore rupees ($2.9 billion). The offer opens on November 7 and closes on November 11, setting the stage for what could become one of the most talked-about public listings of the year.
The company has priced its shares between 210 and…
Indian logistics startup Shadowfax Technologies is making waves ahead of its IPO, reporting blockbuster numbers in the first half of FY26. The Flipkart-backed firm posted revenue of Rs 1,805.6 crore, a staggering 68% increase year-on-year, while profits more than doubled compared to the same period last year.
Shadowfax has filed an updated Draft Red Herring Prospectus with SEBI, aiming to raise Rs…
Imagine getting instant access to your salary, credit, and financial tools—all from one platform. Gurugram-based fintech startup SalarySe is making this a reality. The company has raised $11.3 million in a Series A funding round led by Flourish Ventures, with participation from Susquehanna Asia VC and existing investors, bringing its total funding to $16.6 million.
Founded in 2023 by Piyush…
SaveSage, an AI-driven personal finance startup, has raised $1 million in a pre-seed funding round aimed at transforming the way Indians manage credit card and travel loyalty rewards. The round was led by Bhavesh Gupta, with participation from prominent investors including N. R. Narayanan, Lalit Wadhwa, DSP Family Office, Venture Catalysts, and Suvrat Sehgal. The funding comes in a mix of equity…
