Page 2 - Udisha Srivastav

Ride-hailing app Rapido gets Karnataka licence for cab services till 2031

Over the years, Rapido has built a presence across 21 cities in the state, supporting over 3.14 lakh captains and serving more than 2.04 crore registered customers.

1 in every 7 Swiggy food orders placed from 99 Store's curated offering

Launched in July 2025, 99 Store is a curated in-app offering that caters to value-conscious customers.

Bluehill.VC announces final close of maiden deep-tech fund at ₹400 crore

The fund received participation from SIDBI, the Kerala and Uttar Pradesh governments, family offices, entrepreneurs and UHNIs from India and the West Asia

D2C startups turn to qcom platforms for festive launches

D2C startups across food, beverages, fashion and electronics are using quick commerce as a launch and discovery channel, with festive-season demand driving new products and wider assortments

Tier-I cities gain share of festival season workforce: TeamLease report

Temporary hiring will rise across retail, e-commerce, logistics and consumer goods, with warehouse and store roles driving demand during the extended festive season

Homegrown semiconductor startups raise $206 million since 2022: Report

Funding accelerated in 2026 despite fewer rounds, as investors backed mature chip ventures and government-supported companies attracted private and strategic capital

Zostel withdraws plea seeking Sebi action over claimed 7% stake in Oyo

The Delhi High Court allowed Zostel to withdraw its application and declined to intervene at this stage in Sebi's handling of its complaint over the claimed stake

ShareChat parent bets ₹100 crore on AI to scale microdrama content

The ShareChat parent plans to invest Rs 100 crore this year to scale AI-assisted microdrama production, aiming to cut production costs while expanding its content pipeline

VC firm Piper Serica marks first close of Rs 800 crore Bharat Tech fund

The venture capital firm has secured Rs 300 crore in commitments and plans to back 21-22 engineering-led fintech and deep-tech companies at the Series A and select Series B stages

Nykaa Q1 FY27 results: Net profit rises 3.3 times to ₹79.76 crore

The beauty retailer reported a 29 per cent rise in revenue and higher margins, driven by strong growth in its beauty and fashion businesses and expansion of its quick commerce network

VC firm Sorin Investments leads ₹30 crore funding round in AI firm Kily

The agentic AI company will use the capital to strengthen its product, expand go-to-market efforts and accelerate adoption among large consumer brands

Coffee equipment company Kaapi Machines raises ₹50 cr from Sedna HoReCa

The coffee equipment and services provider plans to use the funds to expand its product portfolio, strengthen manufacturing capabilities and improve its technology stack

Zepto delays IPO by two quarters as investors push for lower valuation

Quick-commerce firm plans to raise about Rs 1,000 crore in a pre-IPO round as investors seek greater clarity on profitability, cash reserves and growth prospects

Imarticus acquires Singapore's BELLS to boost Southeast Asia presence

Ed-tech firm plans to make Singapore its regional learning hub as it prepares for a Rs 1,000 crore IPO and targets higher international revenue

Nykaa appoints former Instamart COO Ankit Jain to lead q-commerce vertical

Jain will oversee the expansion of Nykaa Now across key markets and strengthen the beauty retailer's technology-led fulfilment and supply-chain infrastructure

Rapido integrates food delivery platform Ownly in its primary app

The integration will allow Rapido users to order food alongside booking rides, while helping Ownly expand its reach through the company's existing rider network

Swiggy Instamart CEO Amitesh Jha resigns, Nandita Sinha to take charge

Former Myntra chief executive Nandita Sinha will take over as CEO of Swiggy Instamart from August 3, following Amitesh Kumar Jha's resignation

Deeptech startup Yaanendriya raises ₹15 crore from Piper Serica

Deep-tech startup Yaanendriya raises ₹15 crore from Piper Serica to accelerate R&D, expand navigation technologies and scale indigenous sensors for defence and aerospace

Aditya Vuchi's new startup to build community hubs for gig workers in India

The venture will begin with a Hyderabad centre offering rest areas, affordable food, EV charging, healthcare and other essential services for verified gig workers

Flipkart set to enter online food delivery with Bengaluru pilot next month

Bengaluru pilot in August as firm expands its consumer ecosystem