Categories

All News India Business Stock market Politics Sports Technology Startups Entertainment Hatke International Automobile Science Travel Miscellaneous Funding Products NewFallback
Source: inc42

Meta India Head Named In FIR Over Objectionable Posts Targeting PM Modi

Business

"Hyderabad Cybercrime Police have filed an FIR against several Facebook and Instagram account operators and Meta's India head for posting objectionable content targeting Prime Minister Narendra Modi. The complaint, filed by a BJP member, alleges the posts could harm national integrity. This occurs as Meta faces increased government scrutiny following the erroneous removal of a PM Modi post, leading to promised changes in the company's moderation framework.".

Read Full Story
Next Story
Source: inc42

Groww Cofounders To Launch ₹500 Cr Fund To Back Consumer, Deeptech Startups

Business

Groww cofounders are launching a second fund under Stargazer AIF with a target corpus of ₹400-500 crore to invest in seed and early-stage startups. Funded entirely by the founders' personal capital, the vehicle will target consumer internet and deeptech ventures, specifically emphasizing AI and frontier technologies. This expansion follows their initial ₹65 crore fund and reflects a broader trend of founders institutionalizing their angel investment activities.

Read Full Story
Next Story
Source: inc42

Swiggy’s Q1 Snapshot, Sarvam Widens AI Horizon & More

Business

The prompt asks to summarize the "news article content". Since the content is a newsletter/digest, the summary should cover the primary highlights or the most significant story (Swiggy) while acknowledging the broader context if possible, or focus on the lead story. Usually, in these types of prompts, the lead story is the priority, but a general summary of the digest is safer.

Read Full Story
Next Story
Source: inc42

SEBI Rolls Out ‘GARUDA’ Framework To Expedite Fund Launches

Business

"SEBI has introduced the GARUDA green channel framework to expedite the launch of Alternative Investment Funds (AIFs). Regular schemes can now launch within ten working days of filing their private placement memorandum via a merchant banker. Specialized vehicles, including angel funds and large value funds, receive lighter regulatory treatment and faster launch timelines. This shift emphasizes post-facto supervision and fund manager accountability over pre-launch regulatory scrutiny.".

Read Full Story
Next Story
Source: inc42

IPO-Bound PhonePe Bets On Transaction Data Monetisation With PulsePro

Business

PhonePe has launched PulsePro, a paid enterprise intelligence platform that monetizes aggregated and anonymized transaction data. Targeting FMCG, retail, and D2C sectors, the platform provides hyperlocal insights for market expansion, site selection, and distribution planning. This move aims to diversify revenue streams beyond UPI as the company strengthens its business fundamentals ahead of a potential IPO, leveraging actual transaction behavior over traditional survey-based market research.

Read Full Story
Next Story
Source: inc42

Now, Zee Moves Delhi HC Against Blinkit Over Alleged Copyright Violation

Business

Zee Entertainment has filed a copyright infringement lawsuit against quick commerce platform Blinkit in the Delhi High Court over content posted on Instagram. The court granted an ex parte ad interim injunction and ordered Blinkit to file a response within 30 days. This marks Zee's third copyright legal action this year, following similar suits against Nykaa and the Reliance-Disney joint venture JioStar regarding unauthorized content use.

Read Full Story
Next Story
Source: inc42

Zepto Pauses IPO Amid Valuation Concerns, To Raise ₹1,000 Cr Pre-IPO Round

Business

Zepto has paused its IPO plans and is instead seeking a ₹1,000 crore pre-IPO placement from primarily domestic investors. This decision follows a significant valuation gap, with institutional investors valuing the quick commerce startup between $2.5 billion and $3 billion, well below previous expectations. The move comes as Zepto faces widening losses and intense competition from rivals like Blinkit and Swiggy Instamart in the expensive quick commerce sector.

Read Full Story
Next Story
Source: inc42

Sarvam Takes On Claude, Codex With Cheaper, India-Hosted Coding Agent

Business

"AI unicorn Sarvam unveiled Sarvam Code, an AI coding agent for engineering teams, at its Epoch 2026 conference. Utilizing a planner, worker, and verifier architecture, the India-hosted tool aims to be more cost-effective and performant than competitors like Claude and ChatGPT. Sarvam also introduced an inference platform, Blackwell GPU deployments, and updated vision tools, while appointing former Mistral AI member Devendra Singh Chaplot as an advisor.".

Read Full Story
Next Story
Source: inc42

How Rubrik Is Rewriting The Rules Of Cyber Resilience

Business

Enterprise cybersecurity is shifting from attack prevention to cyber resilience, focusing on rapid business recovery. Rubrik's Ananth Nag emphasizes that standard backups are insufficient as attackers now target identity systems and backup infrastructure. With AI adoption increasing data sprawl and India's DPDP Act raising stakes, organizations must adopt an "assume-breach" mindset. Prioritizing data visibility and identity recoverability is now essential for maintaining business continuity in multi-cloud environments. (69 words) -.

Read Full Story
Next Story
Source: inc42

How StockGro Is Building An Intelligence Layer For India’s Next 100 Mn Investors

Business

India is experiencing a retail investing boom, but many new investors lose money due to a lack of financial literacy and reliance on social media tips. To address this knowledge gap, Ajay Lakhotia founded StockGro, an advisory platform providing institutional-grade research and tools. By integrating SEBI-registered analysts, an AI engine called Stoxo, and strategy testing, StockGro helps retail investors make informed decisions before executing trades.

Read Full Story
Next Story
Source: inc42

Inside HomeLane’s Decade-Long Quest To Organise Home Interiors And Build A ₹1,000 Cr Business

Business

Bengaluru-based HomeLane reported FY25 revenue growth of 22% to ₹747.8 Cr, with net losses narrowing to ₹111.38 Cr. Following its acquisition of DesignCafe, the company is expanding into comprehensive home improvement solutions to compete with Livspace. By leveraging AI to streamline design processes, HomeLane aims to reach ₹1,000 Cr in revenue and achieve EBITDA profitability by FY27, focusing on operational discipline and sustainable margins.

Read Full Story
Next Story
Source: inc42

Swiggy’s Instamart Hits Contribution Margin Breakeven In Q1 FY27

Business

"Swiggy's quick commerce arm, Instamart, achieved contribution margin breakeven in Q1 FY27, reaching a positive 0.2% of its ₹7,907 crore gross order value. This milestone, hit in May 2026, was driven by increased per-order monetization, with revenue per order rising to ₹108. Additionally, the business narrowed its adjusted EBITDA loss to ₹778 crore and expanded its network to 1,171 darkstores across 131 cities.".

Read Full Story
Next Story
Source: inc42

Swiggy Trims Q1 Net Loss By 34% YoY To ₹791 Cr, Revenue Up 37%

Business

Swiggy reported a net loss of ₹791 crore for the June 2026 quarter, marking a 34% year-on-year decrease from ₹1,197 crore and a 1.1% sequential decline. The foodtech major saw its operating revenue surge 37% year-on-year and 7% quarter-on-quarter to ₹6,812 crore. Total income reached ₹7,023 crore, while total expenses rose 25% year-on-year to ₹7,813 crore during the quarter under review.

Read Full Story
Next Story
Source: inc42

Sarvam Ropes In Mistral AI Founding Team Member Devendra Chaplot As Advisor

Business

AI unicorn Sarvam has appointed Devendra Singh Chaplot, a former xAI pre-training lead and Mistral AI founding member, as an advisor. Announced at the Epoch 2026 conference, the move supports Sarvam's goal of building a foundational model with over one trillion parameters in India. Additionally, the Bengaluru-based startup opened a San Francisco office to expand its frontier AI capabilities in coding, cybersecurity, simulation, and scientific workloads.

Read Full Story
Next Story
Source: inc42

Bengaluru Restaurants’ Push Back Gives Rapido’s Ownly An Opening Against Swiggy, Zomato

Business

"Bengaluru restaurants are protesting high commissions from Swiggy and Zomato, creating an opportunity for Rapido's zero-commission service, Ownly. By eliminating platform fees for restaurants and leveraging its existing ride-hailing fleet, Ownly aims to disrupt the current duopoly. Having captured 10% of Bengaluru's market, Rapido plans national expansion next quarter, while Flipkart also prepares to enter the competitive food delivery sector to challenge established players.".

Read Full Story
Next Story
Source: inc42

Sarvam To Build Trillion-Parameter AI Model, Launches India-Hosted Inference Service

Business

AI unicorn Sarvam announced plans to develop a trillion-plus parameter frontier AI model in India to compete in coding, science, and cybersecurity. The Bengaluru-based startup also launched Sarvam Inference, a domestically hosted platform supporting models like Sarvam 105B and Gemma 4 to ensure data residency. Additionally, Sarvam opened a San Francisco office and appointed Devendra Singh Chaplot as an advisor to expand its end-to-end AI stack.

Read Full Story
Next Story
Source: inc42

Meta Tightens Safeguards For PM Modi, Other Prominent Accounts After MeitY Summons

Business

"Meta has implemented stricter oversight for posts by Prime Minister Narendra Modi and other prominent accounts following a summons from India's MeitY. This action follows the erroneous removal of a PM Modi video, which the government deemed inadequately explained by Meta. Now, such content will require review by at least two senior officials. Meta also faces broader regulatory scrutiny regarding child safety advertisements and WhatsApp's new username feature.".

Read Full Story
Next Story
Source: inc42

Fintech IPO Wave, Zepto May Defer Listing & More

Business

A new wave of fintech startups, including Fibe, Moneyview, and PhonePe, is preparing for IPOs with a shift toward profitability and balance sheet strength over raw growth. Meanwhile, Zepto may delay its listing due to valuation disagreements. Other updates include Freehand raising $75 million for AI supply chain tools, BharatGen scaling multimodal models, and strong quarterly profit growth for listed firms like Kissht and BlackBuck.

Read Full Story
Next Story
Source: inc42

SUIND Bags ₹20.5 Cr To Build Autonomous Surveillance Drones

Business

"Drone tech startup SUIND has raised ₹20.5 crore in a seed funding round led by Transition VC and IIMA Ventures. Founded in 2020, the company develops autonomous drones utilizing computer vision for navigation in GPS-denied environments. SUIND will use the capital to scale its DGCA-certified agri-drone, Bumblebee, and accelerate the development of WASP, a platform for industrial monitoring, security, and defense applications within India and abroad.".

Read Full Story
Next Story
Source: inc42

InCred Finance Q1: Profit Jumps 82% YoY To ₹172 Cr

Business

"InCred Financial Services reported a consolidated net profit of ₹172 crore for Q1 FY27, marking an 82% increase from the previous year. This growth was driven by increased loan disbursements and strong asset quality, with gross NPAs falling to 2%. Meanwhile, parent company InCred Holdings is preparing for an IPO, which will include a fresh issue of up to ₹1,250 crore and an offer for sale.".

Read Full Story
Next Story