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Anjali Jain @ Inc42 Media · 01/22/2026 06:51 EDT

IPO-Bound PhonePe’s Loss Widens 20% YoY To INR 1,444 Cr In H1 FY26

IPO-bound fintech major PhonePe’s net loss zoomed over 20% to INR 1,444.4 Cr in H1 FY26 from INR 1,203.2 Cr… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 01/22/2026 06:45 EDT

BlueStone Turns Profitable In Q3, Reports A PAT Of INR 69 Cr

Jewelry brand BlueStone turned profitable in the Q3 FY26, reporting a net profit of INR 68.9 Cr against a net… Read more ›

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Inc42 Media
Gargi Sarkar @ Inc42 Media · 01/22/2026 06:30 EDT

Beyond Broking: How Asset Management Can Be Groww’s Biggest Strategic Bet Yet

Groww has never been shy about its ambition of becoming more than a broking app. Its latest deal with State… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 01/22/2026 06:11 EDT

Elevation Capital Partner Mayank Khanduja Steps Down

Mayank Khanduja, partner at Elevation Capital, has quit the venture capital firm after a 15-year stint.  In a LinkedIn post,… Read more ›

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Inc42 Media
Gaurav Bagur @ Inc42 Media · 01/22/2026 05:59 EDT

Razorpay Gets RBI Licence For Offline Payment Aggregation

Over a month after receiving the Payment Aggregator-Cross Border (PA-CB) licence from the Reserve Bank of India (RBI), fintech major… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 01/22/2026 05:55 EDT

ixigo Back In The Black, Posts INR 24 Cr Profit In Q3

Online travel aggregator (OTA) ixigo returned to the black in Q3 FY26, posting a consolidated profit after tax (PAT) of… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media · 01/22/2026 04:57 EDT

EV Startup Chargeup Raises INR 22 Cr To Fuel Expansion

EV startup Chargeup, which offers battery-as-a-service solutions (BaaS), has raised INR 22 Cr ($2.4 Mn) in a fresh funding round… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media 2 place · 01/22/2026 04:39 EDT

PhonePe Cofounders Sold Shares Worth INR 4,000 Cr To General Atlantic In September

Ahead of its planned public listing, PhonePe’s cofounders Sameer Nigam and Rahul Chari sold a portion of their shareholding to… Read more ›

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Inc42 Media
Anjali Jain @ Inc42 Media · 01/22/2026 04:33 EDT

Karnataka HC Stays ED Investigation Against Gameskraft

The Karnataka High Court has stayed the Enforcement Directorate (ED) investigation against real money gaming (RMG) startup Gameskraft following a… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media 1 place · 01/22/2026 04:17 EDT

Tiger Global Tax Case: SPF Seeks Tax Certainty, Predictability For Investors

Following the Supreme Court’s ruling against Tiger Global in the capital gains tax case pertaining to the investor’s stake sale… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media · 01/22/2026 03:56 EDT

360 ONE Asset Launches INR 1,500 Cr Fund For Defence Tech, Spacetech Investments

In a bid to broaden its investment portfolio, 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has now… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 01/22/2026 02:53 EDT

Shadowfax IPO: Issue Subscribed 67% On Day 3 So Far

Logistics major Shadowfax’s IPO was subscribed 67% as of 12:25 IST on the third day of bidding. The public issue… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 01/22/2026 01:36 EDT

Urban Ladder Cofounder’s AC Startup Optimist Raises $12 Mn

Ashish Goel, cofounder and former CEO of Urban Ladder, has started a new venture in the cooling space. His manufacturing… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 01/21/2026 23:27 EDT

Escape Plan Raises $25 Mn To Expand Offline Footprint

Travel accessories-focussed ecommerce startup Escape Plan has raised $25 Mn (around INR 207 Cr) in a Series A funding round… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media · 01/21/2026 23:14 EDT

PhonePe Files Updated DRHP For OFS-Only IPO

Walmart-backed fintech giant PhonePe has filed the updated draft red herring prospectus (UDRHP) with SEBI for its IPO, which will… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 01/21/2026 21:30 EDT

Eternal Gets A New Boss, VCs Rethink Healthtech Bets & More

Eternal’s Action-Packed Q3 Much happened as Eternal announced its Q3 results yesterday. Deepinder Goyal is stepping down as Eternal’s group… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 01/21/2026 11:34 EDT

Kapiva Launches INR 50 Cr Fund To Back Ayurveda Research

D2C ayurveda brand Kapiva has launched a INR 50 Cr innovation fund to support research and product development in Ayurveda.… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 01/21/2026 10:59 EDT

Apple Pay Eyes India Launch By 2026-End

iPhone maker Apple is reportedly mulling launching its digital payments service, Apple Pay, in India by late-2026.  As per a… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 01/21/2026 10:04 EDT

Amid Gig Worker Debate, Zepto’s Adit Palicha Meets Labour Minister

Quick commerce startup Zepto’s CEO and cofounder Aadit Palicha met Union labour minister Mansukh Mandaviya amid the ongoing debate around… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 01/21/2026 09:08 EDT

[Update] Shadowfax IPO: Issue Subscribed 60% On Day 2

Updated | January 21, 18:54 IST Logistics major Shadowfax’s IPO closed the second day of bidding with 60% subscription, getting… Read more ›

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