Indian Startup Funding Rises 2.7 Times to $302.85 Million This Week, Led by Tessolve
Twenty-eight startups raised money in the week to 17 October, led by chip-testing firm Tessolve's $75 million round, as growth-stage deals came back.
Business
282 stories · Breaking business news, market trends, corporate updates, economic insights, and industry developments from India and around the world.
Jio Plans to Take On Google and Meta in Ads With Household-Level Targeting, IPO Filing Shows
Jio Platforms' prospectus pitches JioAds as a way to target whole households across phones and connected TVs, using data from its 533 million-strong network.
Tata Play Lost 27.8 Lakh DTH Subscribers in a Year, Bets on Dish-Free 'Smart' Service
Tata Play's DTH base shrank from an estimated 1.76 crore to 1.48 crore subscribers, while Airtel held its base by moving customers to internet TV.
Netflix Replaces Content Chief Bela Bajaria With Former Disney Executive Peter Rice
Rice takes charge of Netflix's global content, including its regional slates, on 26 October, as the streamer cuts about 1,000 jobs in its largest layoff yet.
India's Media and Entertainment Sector Grew 9% to ₹2.78 Lakh Crore in 2025
I&B Secretary Chanchal Kumar told the CII Big Picture Summit that Indian companies must now own their IP and build for global audiences, as CII set out a roadmap to a $100 billion industry.
Groww's Q2 Profit Jumps 54% to ₹725 Crore as Its Reliance on F&O Revenue Falls
The broker's operating revenue rose 47% to ₹1,501.5 crore in the September quarter, while equity derivatives fell to 44.8% of revenue from 56.9% a year ago.
Urban Company Board Clears ₹2,500 Crore Fundraise as InstaHelp Battle Heats Up
The home-services company may raise the money through a QIP, preferential issue or private placement, after a quarter in which revenue grew 41% but its net loss widened to ₹182.5 crore.
NPCI Defers 0.4% UPI Merchant Fee Until After Diwali; Payments Stay Free for Customers
The charge on merchant UPI payments above ₹2,000 was due to start on 15 October. NPCI says a new date will be announced separately, and customers will never pay it.
Jio Platforms Sets ₹1,065–₹1,119 Price Band for India's Largest IPO, Opens October 21
Reliance's telecom and digital arm aims to raise up to ₹30,213 crore through an all-fresh issue, the biggest Indian IPO yet, with bidding open from 21 to 23 October.
Indian Tech Funding Rises 7% to $10.3 Billion in 2026 Even as Deal Count Falls 38%: Tracxn
18 rounds of $100 million or more lifted funding between January and 21 September, while seed funding fell 37%, Tracxn’s nine-month report shows.
Boldfit Raises Over ₹400 Crore in Series B Led by Bharat Value Fund to Build Offline Retail
The Bengaluru sportswear and fitness brand will use the money for nationwide stores, manufacturing, product development and selective acquisitions.
WBD Shareholders Cast Pivotal Vote on Massive $110 Bn Paramount Takeover
In a pivotal moment for the global entertainment industry, WBD shareholders are convening today, April 23, 2026, to cast their decisive votes on a proposed $110 billion takeover of the company by Skydance-owned Paramount—a deal that could significantly reshape the global media landscape.
Acko Trims 5% Workforce as Insurtech Firm Pivots to AI-Led Operations Ahead of IPO
Acko, the prominent Indian digital insurance platform, has initiated an internal restructuring exercise that includes a workforce reduction of approximately 5%, affecting nearly 60 employees.
Booking.com Confirms Data Breach: Personal Reservation Details Exposed
com has confirmed a cybersecurity incident in which unauthorized third parties gained access to personal data associated with customer reservations.
Instacart Acquires Instaleap to Accelerate Global Enterprise Expansion
In a move to strengthen its international footprint, Instacart (NASDAQ: CART) officially announced the acquisition of Instaleap, a prominent global enablement and fulfillment solutions platform, on April 14, 2026.
Magicpin Debuts AI Assistant ‘Vera’ with $1 Million Tech Investment
Magicpin, India’s leading platform for local discovery and commerce, has officially entered the generative AI race with the launch of its proprietary AI assistant, ‘Vera’.
Flipkart Completes Strategic Reverse Flip to India Ahead of Mega IPO
In a landmark move for the Indian e-commerce landscape, Flipkart has officially completed its “reverse flip,” shifting its holding company’s domicile from Singapore back to India.
Capillary Technologies to Acquire Mastercard’s SessionM for $20 Million
In a major move to solidify its global footprint, Bengaluru-headquartered SaaS leader Capillary Technologies India Ltd has announced a definitive agreement to acquire SessionM, a US-based loyalty and engagement platform, from payments giant Mastercard.
MakeMyTrip Hits $1 Billion Corporate Booking Milestone as Business Travel Booms
In a significant testament to India’s growing corporate appetite, MakeMyTrip Limited (NASDAQ: MMYT) has announced that its gross bookings from the corporate travel segment surpassed $1 billion in the 2025 calendar year.
DoorDash Stock Surges 14% as Record Order Growth Trumps Earnings Miss
In a dramatic post-earnings reversal, DoorDash (NASDAQ: DASH) saw its shares skyrocket 14% during after-hours trading on February 18, 2026.
Indian Stock Market Today: Nifty 50 and Sensex Brace for Volatile Consolidation
The Indian equity markets are entering the mid-week trading session on February 18, 2026, with a cautiously optimistic undertone.
LIC’s ₹17.5 Lakh Crore Portfolio: IT Stocks In, Banks Out as Insurer Defies Market Trends
5 lakh crore equity portfolio, making a contrarian bet on the information technology (IT) sector while reducing its exposure to banking heavyweights.
Stock Market Rebounds: Sensex Jumps 650 Points, Nifty Settles Above 25,650
The Indian stock market staged a powerful recovery on February 16, 2026, as the benchmark indices snapped a multi-day losing streak fueled by aggressive buying in banking and power heavyweights.
RBI Tightens Broker Lending Rules: BSE and Brokerage Stocks Plunge
The Indian stock market witnessed a sharp sell-off in capital market-linked shares on February 16, 2026, following the Reserve Bank of India’s (RBI) sweeping new directive to tighten bank lending to intermediaries.
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