Limelight Diamonds Raises ₹275 Crore From Promoter Group
The lab-grown diamond jewellery brand will use the strategic round to expand manufacturing and push retail count past 200 stores by 2027.
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Latest developments in startups, business, and technology across India, MENA, and global markets. Stay informed with breaking news, in-depth reporting, and analysis on entrepreneurship, innovation, and emerging trends.
Yash Raj Films Backs Rusk Media in First Vertical Entertainment Bet
The Bollywood studio known for the YRF spy universe is stepping into portrait-mode storytelling, partnering with the Alright! TV platform to co-develop original animation and micro-drama IP for Gen Z audiences.
Opendoor Shuts India Operations, Fires 250 Employees in AI-Led Overhaul
The San Francisco-based home-buying platform wound down its entire India workforce on June 11, framing the move as the final step of an "Opendoor 2.0" restructuring — and setting off a wider debate about AI replacing offshore operations.
Shumee Toys Posts All-Time High Revenue of ₹9.62 Crore in FY25, Stellaris Among Investors
The Bengaluru wooden toy brand quietly crossed its highest-ever revenue mark — while key investors including Stellaris Venture Partners and Naveen Tewari were never publicly disclosed.
Pixxel and Sarvam AI Will Put a Data Centre in Orbit by End of 2026
The Pathfinder satellite will carry datacenter-class GPUs and India-built AI models into low Earth orbit — processing hyperspectral imagery in space, without touching a foreign cloud.
Dil Foods Raises ₹72 Cr Series B to Scale India’s Regional Virtual Restaurant Brands
Bikaji Foods' family office leads the round — a legacy snack empire betting on a delivery-first platform that has grown 30x since it operated from just 30 locations three years ago.
Mekr Raises ₹67 Cr from Avaana Capital to Build India’s Full-Stack Appliance Manufacturing Platform
The New Delhi ODM already makes kettles, trimmers, and vacuum cleaners for Croma, Wipro, and Amazon Basics — now it wants to become the backbone of India's consumer electronics supply chain.
Flo Mobility Raises $2.5 Mn to Put Autonomous Robots on India’s Construction Sites
With 60-plus robots already deployed across L&T, Godrej, and Sobha project sites — and a 45% cost saving claim — the Bengaluru startup is taking construction automation to a sector that has resisted it for decades.
HrdWyr Raises $13 Mn to Build AI-Native Chips for India and the World
The Bengaluru fabless startup's Series A comes as India's semiconductor market races toward $155 Bn by 2031 — and as one of the sector's first AI-native chip companies, HrdWyr is already shipping alongside boAt.
Rapido Raises $240 Mn from Prosus, Hits $3 Bn Valuation in Bid to Outlast Uber in India
The Bengaluru ride-hailing platform — now Uber's own-declared biggest rival in India — closes a $730 Mn primary and secondary transaction as it doubles down on tier-2 expansion and affordable mobility.
Bombay Banta Raises ₹8 Crore Pre-Series A Led by DSG Consumer Partners
The Haryana-based desi beverage brand, stocked on Blinkit, Zepto, and Swiggy Instamart, is valued at ₹80 crore post the round.
Physics Wallah’s Alakh Pandey Calls Out NTA as NEET 2026 Gets Cancelled
The founder of India's largest edtech platform said what 22 lakh medical aspirants had been thinking — and the viral moment arrived exactly ten days after the exam that should never have been counted.