News from Inc42 Media

Jio Preparing For IPO In H1 2026: Mukesh Ambani

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Lokesh Choudhary @ Inc42 Media · 08/29/2025 04:57 EDT

Jio, the technology subsidiary of Reliance Industries Ltd (RIL) which houses telecom giant Reliance Jio Infocomm, is preparing for a… Read more ›

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Used Two-Wheeler Marketplace Vutto Raises $7 Mn

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Palak Sharma @ Inc42 Media · 08/29/2025 02:22 EDT

Used two-wheeler marketplace Vutto has raised $7 Mn (around INR 61.4 Cr) in its Series A round led by RTP… Read more ›

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Elevation Capital Launches $400 Mn Fund for IPO-Bound Startups

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Ananya Upadhyaya @ Inc42 Media · 08/29/2025 01:20 EDT

VC firm Elevation Capital has launched a late stage fund, Elevation Holdings, with a corpus of $400 Mn to back… Read more ›

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Groww Gets IPO Green Light, RMG Ban Challenged & More

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Team Inc42 @ Inc42 Media · 08/28/2025 22:30 EDT

Groww Sets Sails For D-Street All decks have been cleared for Groww’s D-Street debut. The investment tech unicorn has received… Read more ›

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Nykaa Allots Equity Shares Worth INR 12 Cr To Employees

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Akshit Pushkarna @ Inc42 Media · 08/28/2025 13:41 EDT

Amid a rally for its stock, beauty and personal care (BPC) major Nykaa has allotted 4.9 Lakh shares to its… Read more ›

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SEBI Clears Groww’s IPO; Expected To Raise Up To $1 Bn

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Akshit Pushkarna @ Inc42 Media · 08/28/2025 10:44 EDT

Investment tech unicorn Groww has received the go-ahead from the public markets regulator for its public float, two sources close… Read more ›

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TVS Motor Expands EV Lineup With Launch Of New Escooter ‘Orbiter’

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Ananya Upadhyaya @ Inc42 Media · 08/28/2025 09:39 EDT

Bidding to consolidate its position in the burgeoning Indian electric two-wheeler (E2W) market, market leader TVS Motor has launched a… Read more ›

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Exclusive: Arctus Aerospace To Raise $3 Mn To Build UAVs For Earth Observation

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Bhupendra Paintola @ Inc42 Media · 08/28/2025 09:17 EDT

Deeptech startup Arctus Aerospace is in talks to raise $2.4 Mn to $3 Mn in its pre-seed round from a… Read more ›

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It’s Light That Does The Talking: How Olee Cracks The Optical Code

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Tapanjana Rudra @ Inc42 Media 1 place · 08/28/2025 07:33 EDT

When God said, ‘Let there be light’, little did the baby world know that some 4.5 Bn years later, a… Read more ›

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Head Digital Works Moves K’taka HC Against Real Money Gaming Ban

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Lokesh Choudhary @ Inc42 Media · 08/28/2025 06:17 EDT

The Karnataka High Court will hear on August 30 a petition filed by online gaming major A23, operated by Head… Read more ›

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Dream Sports-Owned FanCode To Shut Sports Merchandise Business

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Kartikay Kashyap @ Inc42 Media · 08/28/2025 04:18 EDT

Sports media startup FanCode, a subsidiary of Dream11 parent Dream Sports, is set to shut its online sports merchandise business,… Read more ›

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Dream11-Owned FanCode To Shut Sports Merchandise Business

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Kartikay Kashyap @ Inc42 Media · 08/28/2025 04:18 EDT

Sports media startup FanCode, a subsidiary of Dream11 parent Dream Sports, is set to shut its online sports merchandise business,… Read more ›

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Prosus In Talks To Invest $200 Mn In Rapido At $2.5 Bn Valuation: Report

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Palak Sharma @ Inc42 Media · 08/28/2025 03:36 EDT

Global investor Prosus is reportedly in talks to invest an additional $200 Mn (about INR 1,752 Cr) in ride-hailing unicorn… Read more ›

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Ola Electric Shares Continue To Rally, Zoom 10% To INR 55.10

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Bhupendra Paintola @ Inc42 Media 2 place · 08/28/2025 02:24 EDT

Continuing the strong momentum seen over the last few sessions, shares of EV maker Ola Electric surged 9.7% during the… Read more ›

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Apple, Samsung Issue Legal Notices To Xiaomi Over Ads

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Anne Florentyna @ Inc42 Media · 08/28/2025 02:07 EDT

Apple and Samsung have separately sent legal notices to Chinese smartphone maker Xiaomi for its advertisements in India that compared… Read more ›

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OpenAI’s Localisation Problem, Aye Finance’s Q1 Report & More

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Team Inc42 @ Inc42 Media · 08/27/2025 22:30 EDT

Can OpenAI Meet India’s Terms? At OpenAI’s flagship summit last week, IndiaAI Mission CEO Abhishek Singh delivered a clear ultimatum… Read more ›

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Anxious About Your EV Resale Value? Maybe You Should Get It CIBIL-Scored

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Tapanjana Rudra @ Inc42 Media · 08/27/2025 21:30 EDT

The other day, I couldn’t help but eavesdrop on a conversation between my father and brother about buying a new… Read more ›

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API Banking Startup TransBnk Nets $25 Mn Series B; Plans Global Expansion

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Lokesh Choudhary @ Inc42 Media · 08/27/2025 20:30 EDT

Mumbai-based banking infrastructure startup TransBnk has raised $25 Mn (nearly INR 220 Cr) in its Series B round led by… Read more ›

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IPO-Bound Aye Finance’s Q1 Profit Halves To INR 31 Cr

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Akshit Pushkarna @ Inc42 Media · 08/27/2025 07:45 EDT

IPO-bound NBFC Aye Finance’s net profit declined about 50% to INR 30.6 Cr in Q1 FY26 from INR 60.9 Cr… Read more ›

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OpenAI’s Big Edtech Plan For India Has A Data Localisation Problem

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Lokesh Choudhary @ Inc42 Media 2 place · 08/27/2025 05:55 EDT

Picture this: Shaig Abduragimov, a solutions engineer at OpenAI, flying from London to New Delhi to present a product he… Read more ›

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