Indian eyewear retailer Lenskart has secured an investment of INR 100 crore from SBI Mutual Fund in a pre-IPO transaction. The investment comes via SBI’s Alternative Investment Funds (AIFs), namely the SBI Optimal Equity Fund and SBI Emergent Fund. Transaction specifics * The INR 100 crore investment was made at
Imagine Marketing Limited, the parent company of consumer electronics brand boAt, has filed its Updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI). The filing marks a key step towards its proposed INR 1,500 crore initial public offering (IPO). The proposed issue includes
Kickstarting in Bengaluru, Snitch eyes Delhi, Mumbai, and Hyderabad next, with a pan-India rollout planned by 2026.
Investment led by Fireside Ventures to drive product innovation and expansion across emerging consumption hubs In a bid to capture the vast potential of India’s confectionery market, long dominated by multinational giants and unorganised regional players, Raje Suneet Jain, a seasoned sales and marketing professional, and Prashant Manral, an
* Funds raised will be used for future growth, marketing & supporting the acquisition of Teleport * SMV recently acquired Kunal Shah-backed Teleport to grow its operations in South India * The fund raise also comes on the back of critical milestones achieved by the company, with a 4X growth in revenues and
India’s startup scene stayed active on 28th October 2025, with fresh funding across fintech, AI, and edtech. Optimo Capital led the day’s deals, followed by Smallest.ai and Cybrilla. Meanwhile, OpenAI announced free ChatGPT Go access for Indian users, and Amazon revealed plans for major corporate layoffs. Daily
Full-stack enterprise Voice AI platform Smallest.ai has announced the closure of an $8 million seed funding round led by Sierra Ventures, with participation from 3one4 Capital and Better Capital. The fresh capital will fuel global expansion across North America and India, accelerate product innovation, and strengthen enterprise adoption in
India’s startup ecosystem witnessed notable activity on 27th October 2025, with fresh funding rounds across diverse sectors including fashion, clean energy, and nutrition. Banana Club, HYDGEN, and Neulife secured new capital to drive their respective growth and expansion plans. Meanwhile, the business landscape saw two major corporate developments — Lenskart
Neulife, a protein-forward and R&D-focused performance nutrition brand, has raised $1 million in its maiden seed funding round, co-led by Subhkam Ventures and Singularity Ventures. The round also saw participation from Sunicon Ventures, Cosma Ventures, and select high-net-worth individuals (HNIs). Prior to this round, Neulife had remained fully
VerSe Innovation, India’s leading AI-powered local language technology company and parent to Dailyhunt, Josh, NexVerse.ai, VerSe Collab, Magzter and ValueLeaf, has announced the appointment of Prakashan Manikoth as its Group Chief Financial Officer (Group CFO). Based in Bengaluru, Prakashan will lead VerSe Innovation’s global finance function, focusing
Deel, the global HR and payroll platform, has released its State of Global Compensation Report 2025 in collaboration with Carta, an equity management company. Based on Deel’s vast dataset covering over one million contracts and more than 35,000 customers across 150+ countries — the report offers deep insights into
India’s startup and business ecosystem saw notable developments on 24th October 2025, with multiple funding rounds and key corporate announcements. From sports infrastructure and trade finance to enterprise AI and urban water solutions, startups continue to attract significant investments. In parallel, prominent business leaders and organizations, including Deepinder Goyal
Michezo Sports, an early leader in India’s sports infrastructure sector, today announced the close of a pre-Series A investment round of approximately $2.5 million, led by Centre Court Capital, a VC fund focused on Sports and Gaming. Rainmatter, the investment arm of Zerodha, also participated in the round.
India’s startup and tech ecosystem witnessed significant funding activity and industry updates this week. AI solutions provider Uniphore raised USD 260 million in a Series F round led by NVIDIA, AMD, Snowflake, and Databricks, while healthy snacking company Wonderland Foods secured INR 140 crore in its maiden institutional funding
India’s startup and corporate ecosystem saw notable developments on 17th October 2025. Healthtech, electric mobility, and healthcare startups raised significant funding to scale operations, enhance technology, and expand services. Meanwhile, major corporates made headlines with strategic offerings and financial results, including Google launching a Diwali 2025 cloud storage promotion
Meta has rolled out major updates for its Ray-Ban Meta smart glasses in India, with Bollywood star Deepika Padukone now lending her AI-generated voice to the device. The move is part of Meta’s strategy to make its wearable technology more locally relevant and engaging. Deepika Padukone Joins Meta AI
Peyush Bansal, co-founder and CEO of Lenskart and Shark Tank India Judge, is close to joining India’s billionaire club. His eyewear company is preparing to go public in Mumbai, with the initial public offering (IPO) expected in early November 2025. Investors are watching closely, as shares have already seen
Buying gold during Dhanteras and Diwali is a long-standing Indian tradition symbolising prosperity, wealth, and good fortune. This festive season, JioFinance has introduced Jio Gold 24K Days, a limited-period offer that rewards customers with 2% free gold and a chance to win prizes worth ₹10 lakh on purchases made through
Jio Financial Services Limited (JFSL) has posted strong growth in the second quarter of the financial year 2025-26, ending 30 September 2025, with consolidated total income rising to ₹1,002 crore, up 44% year-on-year. Net income from business surged fivefold to ₹317 crore, while profit after tax stood at ₹695
India’s startup and corporate ecosystem witnessed significant developments on 16th October 2025. Quick-commerce, audio platforms, health tech, AI, and life sciences startups secured funding rounds to expand operations, enhance technology, and scale services. On the corporate front, French luxury retailer Galeries Lafayette announced its debut in Mumbai, while Goldman
India’s fast-growing quick-commerce platform, Zepto, has raised $450 million in a new funding round led by CalPERS (California Public Employees’ Retirement System), valuing the company at $7 billion. The funding round is one of the largest investments in the Indian startup ecosystem this year and sets the stage for
BeastLife, one of India’s fastest-growing fitness and nutrition brands, has joined hands with Annamrita Foundation, a Mumbai-based NGO known for serving nutritious mid-day meals to children in government-aided schools. Through this partnership, BeastLife pledges that from October 16 onwards, for every order placed on its website, one child will
Graph AI, a California-based AI life sciences company focused on patient safety and pharmacovigilance, has raised $3 million in seed funding, led by Bessemer Venture Partners (BVP). The investment will enable Graph AI to accelerate product innovation, expand its engineering team, and drive global market adoption. Graph AI is part
AI-powered business intelligence startup FireAI has raised INR 4 crore in a seed funding round led by Inflection Point Ventures (IPV). The capital will be channelled towards product development and key innovations such as Causal Chain, Text-to-SQL capabilities, and its proprietary ETL tool to enhance scalability, speed, and user experience.