Business

Pepperfry Raises Rs 43.3 Crore in Fresh Funding Round Led by General Electric Pension Trust

Pepperfry, India’s popular omnichannel furniture marketplace, has secured a fresh infusion of Rs 43.3 crore (around $5.1 million) from its existing investors. This new capital boost highlights investor confidence in the company’s growth trajectory and its dominant position in the evolving Indian furniture retail market. Who Led the Funding Round? The recent funding round was spearheaded by…
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Business

Shocking Twist: NCLT Freezes Gensol’s Bank Accounts Amid Fraud Allegations — What’s Next?

Gensol Faces Serious Heat As Authorities Take Action Over Alleged Systemic Fraud In a dramatic development that has sent ripples across the renewable energy sector, the National Company Law Tribunal (NCLT) has ordered the freezing of all bank accounts and lockers belonging to Gensol, a key player in the industry. This move came in an order dated May 28, citing prima facie evidence of systemic…
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Business

Karnataka’s Bold Move: New Law to Hit Swiggy, Zomato, Ola With 5% Fee — Here’s Who Really Benefits

In Just 2 Weeks, India’s Gig Economy Could Be Changed Forever Karnataka is gearing up to shake the foundation of India’s gig economy — and platform giants like Swiggy, Zomato, Ola, and Uber are in the spotlight. In a major development, the state government has announced that draft rules for a gig worker welfare program will be released in just two weeks. These rules are expected to include…
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BusinessNews

Virat Kohli Just Invested in Bowling — Yes, Bowling! Here’s What That Means for Global Sports

Virat Kohli Joins the World Bowling League as Strategic Investor In a surprising move that’s shaking up the global sports scene, cricket legend Virat Kohli has joined the World Bowling League (WBL) as a strategic investor. Known for his fearless approach both on and off the field, Kohli’s involvement gives the new league a massive boost in credibility and visibility — and signals that…
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Business

Jio Financial Services and BlackRock JV Gets SEBI Nod: A New Era for Mutual Funds in India

In a landmark development for India’s financial services industry, the Securities and Exchange Board of India (SEBI) has granted registration to Jio BlackRock Mutual Fund and approval to Jio BlackRock Asset Management Company Limited (AMC) to operate as an Asset Management Company. This approval marks the official entry of a formidable joint venture between Jio Financial Services (JFS) and…
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Business

Zepto Teams Up with Truecaller — Here’s How This Game-Changing Partnership Will Make Your Life Easier

Zepto and Truecaller Join Forces — Why You Should Care In a surprising move, instant grocery delivery giant Zepto has partnered with popular caller ID app Truecaller to bring a whole new level of convenience and trust to your doorstep. This collaboration isn’t just business as usual — it’s set to redefine how you order groceries and connect with delivery services. What Exactly Is…
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Business

Shock Raid at FirstCry Warehouse! BIS Seizes Rs 90 Lakh Worth of Goods Over Hallmarking Scandal

Surprise BIS Raid Hits FirstCry’s Bengaluru Warehouse – What They Found Will Shock You! In a dramatic turn of events, the Bureau of Indian Standards (BIS) swooped in on FirstCry’s Bengaluru warehouse on May 26, 2025, with a surprise raid that led to the seizure of goods worth a whopping Rs 90 lakh! This sudden crackdown has sent shockwaves through the retail and baby products industry…
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Business

Shocking Blow for Eternal: ₹3,235 Crore Outflow Looms After FTSE Russell Cuts Its Index Weighting

FTSE Russell Slashes Eternal’s Investability — What This Means for Investors In a sudden shakeup, FTSE Russell has slashed the investability weighting of Eternal, the parent company of Zomato, from a hefty 82.7% down to just 49.5%. This drastic cut is expected to trigger a massive ₹3,235 crore outflow from index-linked funds — a move that could rattle markets and investors alike. Why Did…
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Business

OpenFX Comes Out of Stealth With $23M and a $10B Disruption Plan for Cross-Border Payments

A Fintech Rocketship Emerges from the Shadows In a fintech world crowded with promises, OpenFX just made a jaw-dropping entrance. After quietly building in stealth mode for less than a year, the startup has burst onto the scene with $23 million in fresh funding — and a staggering $10 billion in annualized transaction volume already under its belt. Backed by heavyweights like Accel, NFX…
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Business

Alt Carbon Raises $12 Million to Fight Climate Change — Here’s How This Deeptech Startup Could Save Our Planet

A breakthrough in climate action is happening right now, and it’s coming from a bold new startup called Alt Carbon — fresh off a massive $12 million seed funding round. Alt Carbon’s Mission: Building the Future of Climate Solutions Alt Carbon is not just another tech startup. It’s a deeptech science and data company focused on building the agricultural infrastructure needed to remove…
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