Here’s a quick look at the latest startup fundings and key news highlights from across India on 27 June 2025. Daily Indian Startup Funding Digest - 27 June 2025 Company Investment Investors Use of Funds ZILO $4.5 million Info Edge Ventures (lead), Chiratae Ventures Enhance supply‑chain, scale
Education company PhysicsWallah (PW) has partnered with CSC Academy (CSCA), a not-for-profit organisation under the Common Services Centres (CSC) of the Ministry of Electronics and Information Technology (MeitY). Through this partnership, the two entities will try to establish a Digital University that will offer accredited online degree programs and certifications,
Wakefit Innovations Ltd, a home and furnishings company, has submitted preliminary documents to the Securities and Exchange Board (Sebi) requesting permission to acquire capital through an initial public offering (IPO). According to the draft red herring prospectus (DRHP) submitted on June 26, the planned IPO of the Bengaluru-based company consists
In order to detect and prevent transaction fraud, the central government is collaborating with Third-Party Application Providers (TPAPs) such as Google Pay, PhonePe, and Paytm to create improved security measures. The initiative's goal is to stop fraudulent transactions using TPAPs. TPAP systems may cause minor delays and send
According to various media reports, chipmaker Intel is closing its automotive branch and terminating the majority of its workforce. In the communication, the corporation stated that it intends to shut down its automotive Intel architecture division. It further stated that although it will complete current obligations to clients, "the
Indian Premier League winner Virat Kohli of Royal Challengers Bengaluru has partnered with sports goods manufacturer Agilitas after his contract with Puma was over. A media house cited sources indicating that Kohli is thought to have contributed INR 40 crore to the initial instalment. Notably, Abhishek Ganguly, the former head
On MSME Day, Vi Business’s 2025 study reveals that 76% MSMEs aim to invest in cybersecurity and 72% in cloud. India’s digital maturity score rose to 58, led by Telangana. However, only 12% are fully digital, pointing to gaps in adoption and financial capacity.
The most recent AI use case WhatsApp is providing for its users is generating a list of all the communications you haven't read. The feature is dubbed AI-powered message summaries, as you might expect. It will use the new private computing system that the company has set up
In an exchange filing on June 27, JSW Paints Limited stated that it has finalised agreements to buy up to 74.76% of Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The deal was cracket for a maximum consideration under the Share Purchase Agreement of
Mumbai, June 27, 2025: Jio BlackRock Broking Private Limited (JioBlackRock Broking), a wholly owned subsidiary of Jio BlackRock Investment Advisers Private Limited (JioBlackRock Investment Advisers), has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as a brokerage firm in India. JioBlackRock Broking aims
On 26 June 2025, Indian startups raised big funds. Raphe mPhibr got $100 million, Wiom $40 million, and ShopOS $20 million. At the same time, Pine Labs filed for an IPO and Net1 exited MobiKwik with a loss. The day saw strong investor interest and key shifts in the startup space.
Bessemer Venture Partners’ latest report outlines how content, quick commerce, and aspirational consumption will shape India’s $1 trillion digital future. The rise of D2C brands, q-commerce, microtransactions, and lifestyle spending shows a shift in consumer habits.
Manika Plastech Limited, a top rigid polymer packaging firm, has filed its DRHP with SEBI for an IPO. The offer includes a fresh issue of ₹115 crore and an OFS of 1.5 crore shares. The funds will go towards capex, debt repayment, and expansion.
Mumbai, June 26, 2025: Hyderabad-based AI surveillance and security solutions provider, Brihaspathi Technologies Limited, has successfully raised USD 10 million in funding from foreign institutional investors (FIIs) and others. This capital infusion will fuel the company’s expansion efforts, including the establishment of a new 72,000 sq. ft. CCTV
According to people familiar with the situation, the fintech unicorn Pine Labs filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on June 26. According to a media report, the company intends to raise up to INR 2,600 crore ($304 million) through
On June 26, the stocks of electronics manufacturers Voltas and Whirlpool saw notable increases. This occurred in response to a report that asserted Panasonic's withdrawal from loss-making categories in India, including refrigerators and laundry machines. According to a media outlet, which cited persons familiar with the situation, Japanese
Almost five years after opening the digital marketplace, FMCG conglomerate ITC has shut down its online store. The "ITC Store", which was established in November 2020 during the height of the COVID-19 pandemic to take advantage of the spike in online sales, has ceased accepting orders. The independent
For failing to give all stakeholders equitable access to corporate filings and to take action against brokers who make frequent changes during trading, capital markets regulator SEBI fined the BSE INR 25 lakh on 25 June. Following an inspection that took place between February 2021 and September 2022, the market
Kotak Asset Management Company (AMC) has been hauled to NCLT by an Essel Group subsidiary, which is claiming INR 12.99 crore in unpaid debts. The case was filed in May and was heard by the Mumbai bench of the NCLT. The petition has been submitted in the case by
The online dating app Bumble intends to fire about 240 workers, or nearly 30% of its workforce worldwide. Bumble said in a securities filing that the cutbacks were agreed to by the board this week as the company reorganises its operations to better execute its strategic priorities. A large portion
Sahi, GIVA, and Battery Smart led the funding activity on 25 June 2025. Key news highlights include Lenskart’s upcoming IPO, NPCI’s 42% profit jump, and MakeMyTrip’s $3B stake repurchase from Trip.com.
Over 73% of MSMEs reported growth from digital adoption, led by UPI and smartphones, according to PayNearby’s 2025 MSME Digital Index. Women entrepreneurs showed higher tech use, with 84% using smartphones and 79% reporting digital success.
Online travel aggregator (OTA) MakeMyTrip (MMT), which is listed on the Nasdaq, will repurchase shares from its Chinese investor Trip.com Group Limited for around $3 billion. Trip.com announced that it has modified its share repurchase arrangement with the Indian travel tech company on June 23 in a filing