News from Inc42 Media

Early Mover Zing Abandons Quick Food Delivery, Looks To Pivot To Grocery

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Debarghya Sil @ Inc42 Media · 10/29/2025 22:00 EDT

Quick launch, quick shutdown. It’s been something of a theme in 2025 so far. Whether it is flash-in-the-pan AI startups… Read more ›

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Drip Capital Nets $50 Mn Debt To Offer Working Capital To SMBs

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Anne Florentyna @ Inc42 Media · 10/29/2025 20:30 EDT

Trade financing startup Drip Capital has raised $50 Mn (INR 441.5 Cr) in a debt funding round led by Canada-based… Read more ›

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Amazon To Lay Off 800-1,000 Employees In India

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Team Inc42 @ Inc42 Media · 10/29/2025 18:46 EDT

As part of a global retrenchment exercise, ecommerce major Amazon may reportedly lay off 800 to 1,000 corporate employees in… Read more ›

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Jupiter Bags $15 Mn At A Flat $600 Mn Valuation

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Team Inc42 @ Inc42 Media 1 place · 10/29/2025 16:36 EDT

Fintech startup Jupiter has reportedly raised $15 Mn (INR 115 Cr) in a strategic funding round from existing backers Mirae… Read more ›

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Heritage Foods Acquires Majority Stake In Dessert Brand Get-A-Way

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Team Inc42 @ Inc42 Media · 10/29/2025 15:55 EDT

Hyderabad-based dairy company Heritage Foods yesterday said that its board approved a proposal to acquire a controlling (51% stake) in… Read more ›

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CCPA Issues Investigation Report To Ola Electric; Hearing Scheduled For Nov 10

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Lokesh Choudhary @ Inc42 Media · 10/29/2025 12:53 EDT

Over a year after sending a show cause notice (SCN) to Ola Electric, the Central Consumer Protection Authority (CCPA) has… Read more ›

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Happi Planet Bags $2 Mn To Expand Its Sustainable Home Care Product Portfolio

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Lokesh Choudhary @ Inc42 Media · 10/29/2025 12:08 EDT

Sustainable D2C home care startup Happi Planet has raised INR 18 Cr (over $ Mn) in a funding round led… Read more ›

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Aakash Approves Raising Authorised Share Capital To Proceed With Rights Issue

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Lokesh Choudhary @ Inc42 Media · 10/29/2025 12:02 EDT

After overcoming significant legal hurdles, edtech major Aakash shareholders have approved a plan to increase the company’s authorised share capital… Read more ›

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IPO-Bound boAt Posts INR 21 Cr Profit In Q1

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Akshit Pushkarna @ Inc42 Media · 10/29/2025 11:12 EDT

After turning profitable in FY25, consumer electronics major boAt continued to be in the black in the first quarter of… Read more ›

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Mem0 Raises $24 Mn To Scale Its AI Memory Infrastructure

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Bhupendra Paintola @ Inc42 Media · 10/29/2025 11:08 EDT

AI startup Mem0 has raised $24 Mn (INR 211.7 Cr) in a combined seed and Series A funding round led… Read more ›

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More Trouble For Bira 91 As Lenders Take Control Of The Beer Cafe

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Palak Sharma @ Inc42 Media · 10/29/2025 09:49 EDT

In more trouble for cash-starved beer maker Bira 91, its lenders Anicut Capital and Japan-based Kirin Holdings have taken control… Read more ›

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ixigo Slips Into Red, Posts INR 3.5 Cr Loss In Q2

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Akshit Pushkarna @ Inc42 Media · 10/29/2025 09:14 EDT

Travel tech major ixigo slipped into the red in Q2 FY26, reporting a net loss of INR 3.5 Cr as… Read more ›

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Fino Payments Bank Q2: Profit Declines 27% To INR 15.3 Cr

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Lokesh Choudhary @ Inc42 Media · 10/29/2025 08:48 EDT

Fino Payments Bank posted a 27.5% decline in its net profit for Q2 FY26 to INR 15.3 Cr from INR… Read more ›

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PB Fintech Q2: Profit Skyrockets 165% YoY To INR 135 Cr

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Akshit Pushkarna @ Inc42 Media · 10/29/2025 07:46 EDT

Policybazaar parent PB Fintech’s net profit surged to INR 134.9 Cr in Q2 FY26, up 165% from INR 51 Cr… Read more ›

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D2C Brand Snitch Forays Into Quick Commerce With 60-Minute Delivery

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Ananya Upadhyaya @ Inc42 Media · 10/29/2025 06:57 EDT

Amid rising demand for quick deliveries, D2C fashion brand Snitch has forayed into the quick commerce segment with the launch… Read more ›

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Lyzr Secures $8 Mn To Help Enterprises Build Custom AI Agents

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Palak Sharma @ Inc42 Media · 10/29/2025 06:38 EDT

B2B agentic AI startup Lyzr has raised $8 Mn (around INR 70.6 Cr) in its Series A funding round led… Read more ›

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boAt Files Updated DRHP For INR 1,500 Cr IPO

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Bhupendra Paintola @ Inc42 Media · 10/29/2025 05:22 EDT

Consumer electronics startup boAt’s parent Imagine Marketing has filed its updated draft red herring prospectus (UDRHP) with SEBI for up… Read more ›

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India Needs To Guard Its Data, Build Its Own AI Models: IndiaAI Mission CEO

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Lokesh Choudhary @ Inc42 Media · 10/29/2025 05:15 EDT

India needs to protect its data and intellectual property from being harvested by global tech firms offering “free” AI tools,… Read more ›

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Lenskart’s INR 70,000 Cr IPO: Bold Bet Or Overvalued Spectacle

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Bismah Malik @ Inc42 Media · 10/29/2025 04:35 EDT

Peyush Bansal was at his witty best at the IPO press conference held by his eyewear company, Lenskart which will… Read more ›

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Lenskart Raises INR 100 Cr From SBI Mutual Fund In Pre-IPO Round

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Anne Florentyna @ Inc42 Media · 10/29/2025 04:23 EDT

Eyewear giant Lenskart has raised an investment of INR 100 Cr ($11.3 Mn) in its pre-IPO round from SBI Optimal… Read more ›

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