In a recent viral LinkedIn post, Arjun Vaidya, co-founder of V3 Ventures and former founder of Dr. Vaidya's, highlighted a growing trend in the automotive industry: the software-as-a-service (SaaS) approach to car features. Vaidya shared how he came across a YouTube review of the new Mercedes electric sedan.
Goldman Sachs has sold over 1 crore shares of Eternal Limited, the parent company of Zomato, in a block deal valued at INR 355.32 crore. The shares were sold at INR 329 each, matching the closing price from the previous Wednesday. BofA Securities Europe SA acquired the entire stake,
L’Oréal India posted a 23% jump in profit to ₹597 crore for FY25, even as sales grew modestly amid increasing competition from digital-first beauty brands. The company plans to double its India business and boost local manufacturing in the coming years.
Lenskart has received SEBI’s approval to launch its IPO, planning to raise ₹2,150 crore through a fresh issue of shares. The eyewear retailer aims for a November 2025 listing as it expands its store network, boosts technology, and strengthens its presence in the Indian eyewear market.
India’s business and startup ecosystem witnessed notable developments on 3rd October 2025. Luxury watch retailer Art of Time secured fresh capital to expand its presence, while IOC GPS Renewables raised significant debt funding to accelerate its clean energy projects. On the corporate front, Zomato’s parent Eternal rolled out
In a landmark shift in India’s entertainment and wealth scene, Shah Rukh Khan has officially entered the billionaire club, becoming the richest actor ever recorded in the Hurun India Rich List 2025. Meanwhile, in the broader Indian context, Mukesh Ambani has reclaimed the top spot as the country’s
Actress and Entrepreneur Mouni Roy has been announced as the brand ambassador of Ivana Jewels, one of India’s fastest-growing lab-grown diamond jewellery brands. To mark this association, the brand has launched its first television commercial, featuring the actress. The campaign carries the message - “See it. Wear it. Believe
Perplexity AI’s Chennai-born founder makes his debut on the Hurun India Rich List 2025 and becomes India’s youngest billionaire with a ₹21,190 crore net worth.
Zomato’s parent company, Eternal Ltd., has approved a fresh grant of employee stock options (ESOPs) worth approximately INR 211 crore, covering 64.13 lakh equity shares. The allotment aims to reward and retain key talent amid a competitive market. Details of the ESOP Allotment The Nomination and Remuneration Committee
Simpl, a Bengaluru-based Buy Now, Pay Later (BNPL) fintech startup, has laid off approximately 100 employees following regulatory actions by the Reserve Bank of India (RBI). This move is part of a broader restructuring effort after the company was directed to halt its payment operations. RBI Orders Simpl to Cease
Elon Musk has made history again. The Tesla and SpaceX chief has become the first person in the world to cross a net worth of $500 billion, as reported by Forbes’ Real-Time Billionaires Index on 1 October 2025. The milestone cements Musk’s place as the richest individual on the
India’s startup and business ecosystem saw notable moves on 1st October 2025. GrowXCD Finance raised INR 200 crore for SME financing, Mishmash Naturals secured INR 2.4 crore in pre-seed funding, LG Electronics India prepares for its INR 11,600 crore IPO, Zomato and Swiggy launched food health scores,
In a major agreement announced on 30 September 2025, pharmaceutical giant Pfizer has struck a deal with the Trump administration to lower the cost of prescription drugs sold to Medicaid, the U.S. government health programme for low-income Americans. Under the deal, Pfizer will match what is known as “most-favoured
India’s startup ecosystem continues to witness robust investor interest as funding rounds, leadership changes, and IPOs shape the market. This roundup highlights key developments from 30th September 2025, including enterprise messaging platform Fyno raising $4 million in a seed round, fintech startup Ignosis securing $4 million in pre-Series A,
Capillary Technologies, a Bengaluru-based SaaS company known for its AI-driven customer loyalty and engagement solutions, has received approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO). This move allows the company to issue fresh equity and enable existing investors to partially exit
In a surprise announcement on 25 September, U.S. President Donald Trump said his administration will slap a 100% tariff on branded and patented medicines imported into the United States from 1 October. He made it clear that only drug makers already building plants on U.S. soil would escape
Elon Musk’s artificial intelligence company, xAI, has filed a lawsuit against OpenAI, accusing it of stealing trade secrets and confidential business information. The complaint was filed earlier this week in the U.S. District Court for the Northern District of California. What the lawsuit claims According to the court
Here’s your daily roundup of funding announcements, corporate developments, and key business news shaping the Indian and global markets on 26th September 2025. Highlights include major funding rounds for Curefoods, Vedantu, Navo, GaadiMech, and Recove, alongside significant corporate updates from Amazon, Starbucks, and Accenture. Track the latest trends, investment
Investment arm of Flipkart co-founder Binny Bansal, 3State Ventures, picks up 1.28 crore shares in Curefoods ahead of its IPO.
Catch up on India’s top business and startup developments for 25 September 2025. From Ather Energy’s INR 70 crore ESOP grant and PhysicsWallah’s INR 460 crore offline expansion to Flipspaces’ 9× exit and Virat Kohli-backed WROGN’s FY25 results, here’s your daily roundup of funding, exits,
Oversubscribed 3.5X, the fund signals confidence in India’s startup ecosystem at a time of global venture slowdown, with strong founder-LP backing, global institutional participation, and a fast, conviction-led investment model. Zeropearl VC, India’s leading solo GP-led pre-seed and seed venture fund, today announced the final close of
Carpediem Capital has fully exited Flipspaces, delivering 9× returns and ~40% IRR, valuing the firm at about USD 120 million. The exit came via a secondary sale during Flipspaces’ USD 50 million Series C round.
* Hyderabad (82%), Bengaluru (79%), and Pune (79%) lead the top-city rankings, while Visakhapatnam (76%), Nagpur (71%), and Chandigarh (68%) dominate beyond metros. • Ahmedabad (60%), Kolkata (55%), Jamshedpur (54%), Madurai (52%), and Rajkot (48%) show comparatively lower levels of digital adoption, highlighting the diversity in payment behaviours across cities * Everyday categories
Edtech unicorn PhysicsWallah (PW) is ramping up its offline presence in India and select overseas markets, as it prepares to hit the capital markets with a fresh equity issue of ₹3,100 crore and an offer for sale (OFS) of ₹720 crore. As of March 31, 2025, the company operated